leave your reason at the door - monday, page-46

Does anyone have any data that correlates the change in the Fed chairmanship and drops in the market? Strikes me that there seems to be a few occasions where this has happened in the past, notably 87 and 06.

http://en.wikipedia.org/wiki/Chairman_of_the_Federal_Reserve
http://stockcharts.com/freecharts/historical/djia1900.html

Everyone knows Bernanke is gone and Yellen is more dovish, but I see the market getting more volatile as they try to predict whether Bernanke starts turning off the pipes before he leaves. The worst thing he could do is inflate a huge bubble that pops on Yellen 1 month into the job!