The market doesn’t crash when interest rates go up, the market crashes when interest rates go down.

2008 recession the market topped Late 2007. Last rate hike Was end of june 2006. Rate drops started july of 2007. Economy tanked already in 2006 when people defaulted on their mortage and housing prices crashed. We are not there yet so id say music stops 6 to 12 months from here.

The policy makers need better leading indicators to adjust rates.

h/t  UrTheReasonBidenWon