US Stock AI Federal Reserve Will the change of Federal Reserve leadership have any impact, or will it lead to a sharp decline? Should we clear our holdings in the US stock market? Many people's first reaction when they hear about the "replacement of the Federal Reserve Chairman" is: Is the US stock market going to collapse? I have reviewed the recent changes in the Federal Reserve Chairman and the trend of the Nasdaq Let's take a look at how data speaks together On that day: 2 rises and 2 falls, with an average of -1.2% Next 5 days: 2 rises and 2 falls, with an average of -0.1% Next 10 days: 3 increases and 1 decrease, with an average of+2.5% Next 30 days: 2 rises and 2 falls, with an average of+2.4% In the latter three months: 2 increases and 2 decreases, with an average of -5.5% In December, there were 3 increases and 1 decrease, with an average of+4.8% That is to say, the short-term market is not afraid of "changing chairman" at all So don't spread rumors, where does the sharp decline come from? The truly lethal period is the last three months Because after three months, the market no longer trades news headlines It started trading. What kind of deal did the chairman receive If a bull market should rise, then rise If a bear market needs to fall, then fall What the market truly fears is: Overestimation value Tightening liquidity Technology stocks are crowded Credit risk outbreak Cycle changes from downwind to headwind