Fed Chairman Stock Market Pattern: 80% chance of...
I published the long term chart of the markets under the Fed Chairman back to McCabe in the late 1940's under Truman.
With the power of TradingView tools, we can put together a visual display like this quite easily.
Curious to see if this inspires any of you to find other patterns in the markets.
It looks like markets were lower in 4 out of 5 instances (80% chance) in the 6th year of a new Fed Chairman. That's a crazy statistic. Remember that this is adjusted for inflation using the CPI-AUCSL data series provided. (AUC = All Urban Consumers)
Thank you TradingView for the Powerful technical tools.
Tim
Feb 9, 2015 11:39AM EST
With the power of TradingView tools, we can put together a visual display like this quite easily.
Curious to see if this inspires any of you to find other patterns in the markets.
It looks like markets were lower in 4 out of 5 instances (80% chance) in the 6th year of a new Fed Chairman. That's a crazy statistic. Remember that this is adjusted for inflation using the CPI-AUCSL data series provided. (AUC = All Urban Consumers)
Thank you TradingView for the Powerful technical tools.
Tim
Feb 9, 2015 11:39AM EST
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