What to Expect for “Fed Day”
Hey, Ross here! This chart breaks down how the S&P 500 typically reacts—both daily and in the final hour of trading—under different Fed chairs. Powell? So far, he holds the worst average, especially in that critical final hour on Fed day. If we see a dip later, it wouldn’t be surprising. But here’s the bigger picture: Powell’s record is skewed by one of the fastest rate-hiking cycles ever, and despite that, he’s overseen one of history’s strongest bull markets. What does this mean for us? I break it down today.
December 18, 2024
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