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Ryan Detrick, chief market strategist at Carson Group, examines whether stocks tend to test new Federal Reserve chairs.
He reviews this theme in his latest blog, inviting readers to consider how markets react to leadership changes at the U.S. central bank.
Detrick previously highlighted that the S&P 500 was approaching a rare ninth straight 1 percent gain, a streak not seen in over two decades. He has also noted periods of higher growth, rates, and inflation during inflationary growth cycles, pointing to a breakout in 10-year breakeven rates. These observations come as markets weigh the impact of new leadership at the Federal Reserve.