CHAIR CHALLENGES
05/19/2026 |
Kevin Warsh is the 17th Fed Chairperson. Since the start of the 5th Chairperson, Eugene Meyer on 9/16/30, the average return of the S&P 500 during the first three months of the new Chair’s term has been -12%. The worst was Alan Greenspan, whose term commenced on 8/11/87. He saw the market decline 33%; Eugene Mayer follows closely at -32%. The best performer, Ben Bernacke at 2%. Hold on tight.