SPDR S&P 500 (SPY)

[Vandalayind]

Here's how it will go down. England and other voutries are raising rates. This will put pressure on more countries to raise rates to keep the trade costs Net Neutral. The US on the other hand will starting growing itls trade deficit and imports and cost of living will continue to sky rocket.

Civil unrest will increase, and the demand for an answer will be defeaning.

Powell will have to slam on the brakes to course correct and big tech will get crushed. The FAANG stocks fall and suddenly all the other stocks holding losses factor more largely in to Index weighting. Lots will lose lots quickly.

All this will be intensified if China raises rates.