SPDR S&P 500 (SPY)

[Stingray]

We are nowhere near 'skyrocketing rates'. The 1/4 point here or there is nothing. The market will explode higher before they make any significant rate increases. Do you remember the "irrational exuberance" days?

"Fed Chair Alan Greenspan warned the markets about their irrational exuberance on December 5, 1996."

Markets went up for years after that until 99/2000ish

Markets are going much higher before the Feds have the will to make significant rate increases.