History Says The Next Fed Chair Could Sink Your Portfolio
As Jerome Powell's term as Fed Chairman ends on May 15, 2026, markets are preparing for a leadership transition to Kevin Warsh. Historical data shows markets underperform by an average of 7.7 percentage points in the year following Fed chair changes, though research suggests this is largely driven by macroeconomic factors rather than the chair's identity. Modern market sophistication and advance hedging strategies may limit the typical volatility seen in past transitions.
https://www.benzinga.com/markets/economic-data/26/05/52242183/history-says-the-next-fed-chair-could-sink-your-portfolio?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel