💥💥💥 S&P 500 index fell by 1.2% - this is the sharpest market drop following the first meeting of a new Fed Chair in the past 32 years.

Statistically, new Fed Chair transitions have led to market declines in the first 6 months in the large majority of cases since the 1970s

▫️Alan Greenspan (1987) - 33% (Black Monday)

▫️Ben Bernanke (2006) - 7%-8%

▫️Janet Yellen (2014) - 4%

▫️Jerome Powell (2018) - 7%-8%

✅️ FOLLOW FOR MORE ✅️

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