⚡️ NEW FED CHAIR DAY: WARSH TAKES OVER… AND MARKETS ARE WATCHING CLOSELY 📉
History shows a clear pattern. First days for new Fed Chairs are rarely smooth:
Bernanke: -2.2%
Yellen: -0.9%
Powell: -4.1%
Markets don’t celebrate the transition. They react to it.
But zoom out and the story changes 👀
One year later:
Bernanke: +13.3% 📈
Yellen: +13.0% 📈
Powell: -1.3%
Short-term fear often fades once policy direction becomes clearer. Markets usually test first, then trust later.
Day one is noise. The real move is what comes after.
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