Dow Jones Industrial Average Index
Education
Updated

Updated Fed Chairperson Pattern

5151
Previous Fed Chair and Stock Market (divided by CPI, to make it "real").

You can see how there is turmoil typically at the beginning of a new Central Bankers term.

Bernanke, not initially as he sat on top of a giant credit bubble that was set to pop.

Greenspan had the worst initial stock market performance, but Bernanke had the worst performance with a close tie to Arthur Burns (under Nixon-Ford-Carter in the inflationary late 1970's).

There is so much to learn from history that is often mis-taught and oversimplified in history books.

Yellen ended up the 2nd shortest term as a Federal Reserve Chairperson, 2nd to William Miller during Carter's tenure.

Conclusion: Looks like there is a wide variety of possibilities.

Note
Here we are February 14, 2019 - one year later - but are we 1-year-wiser???

Happy Valentine's Day

Tim West, Key Hidden Levels Chat Room, TradingView.com
Note
It's May 31st and the market is tracing along right in the middle of the historical pattern.

Tim

5/31/2019 8:30AM EST

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