This could be a self-fulfilling prophecy since everyone is expecting it. Companies are stacking cash instead of using that money for R&D. And inflation is at 8% ish so technically the actual companies earning would be whatever reported minus 8%

I don’t think it would be a crash like 08, but there is no way companies earning and housing can go up with this high of interest rate. The worst case is market would go side way for several years. I’m not saying it will crash, but I think we have a better odd betting on bear then bull

Fed’s been raising rate by 75 points several times now and inflation is barely budged. Their target is around 4% in 2023, but I think they would need to raise rate to at least 7%. I think it will take the market by surprise that it when the market will really drop.