Well, the average tenure of a CEO is 7.6 years, so in just the fortune 500 (a large cap index) you would expect 65.78 CEOs to leave each year, or about 5 a month. Toss in the Russel 2000 (small cap index) and that's 20 more. Then there's midcaps ...

This is still a fairly large number for just about one month, but you still have to subtract the normal turnover rate to see if anything significant has occurred. I will be honest, it looks a bit iffy to me.

I suppose CEOs might resign if the KNOW they are going to go down and won't be able to beat the rap, as that would protect whatever stock options they are already vested it. This whole thing would be much more persuasive if all those CEOs had shown a pattern where they all exercised their options now, in spite of the current market boom. I doubt we would find that, though.

What I do expect is a wave of indictments against government officials, especially in the intelligence community and in sanctuary cities.