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- May 15 S&P 500 and Nasdaq Crash from Highs as $109 Oil and Warsh’s Fed Debut Spark Inflation Panic
May 15 S&P 500 and Nasdaq Crash from Highs as $109 Oil and Warsh’s Fed Debut Spark Inflation Panic
$NU $KLAR
Mukund Mohan
May 15, 2026
Market
“After weeks of AI-fueled records, the market suffered its sharpest one-day pullback of the year as the "Warsh Era" at the Federal Reserve began amidst a sea of red.” 😊 😋
Today was a "Regime Change Volatility" session. As Jerome Powell formally handed the gavel to Kevin Warsh, the market "tested" the new Chair. A toxic combination of $109 Brent Crude and a hawkish shift in rate expectations.
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