Says he won’t comment on specific sectors of the market.

Fisher has been saying that forever. I think a lot of central bankers saw the way Greenspan was deified for “irrational exuberance” and like to make a vague call on markets so they can pat themselves on the back later. If you actually look at Greenspan’s call, he was way early. The guy who doesn’t get enough credit is Bernanke for his “green shoots” comments that were almost at the very bottom of the crisis.

In any case, it’s tough to imagine the S&P 500 could get his close to 2000 without breaking through. Up 8 points to 1981 today.

SP 500 daily

SP 500 daily