Cliff, i saw that comment, too, and was reassured by it.
Good comment by yourself:
The Fed increased the discount rate by 400 basis points over 21 months back then. The Fed expects to raise the discount rate only 100-125 basis points over the next 15 months and the market is in panic mode now?
About 75% of the equity section of our family portfolio is in market-index tracking ETFs like VTI, ITOT, and VOO, so i keep an eye out for these bigger-picture dynamics.