Fed leadership transitions often trigger significant market repricing across asset classes. Should Hassett exit from the Fed Chair race, market participants would likely reassess monetary policy expectations—potentially reshaping dynamics in precious metals and equities. A change in the Fed's direction could alter inflation hedging demand for gold and silver, while also influencing equity valuations tied to interest rate trajectories. The uncertainty surrounding leadership changes typically creates short-term volatility but may present allocation opportunities for those tracking central bank policy shifts. How such personnel moves ultimately ripple through global markets depends on the successor's policy stance and market expectations around future rate adjustments.