A corrupt leftist that is anti-business took over. He will tank the economy on his own, no need for the military to get involved.

The return on stocks needs to be significantly higher than on bonds to be worth buying/holding stocks, because stocks are more risky. Every time rates go up, bonds go up, and stocks become less attractive to hold. A stock with a P/E of 20 isn't worth it. A few more rate hikes and a stock with a P/E of 15 won't be worth it, you will be better off holding bonds. Stocks will get sold to buy bonds and get the same return but safer.

When interest rates get high enough people will have to use their money to pay interest/pay off debt to avoid paying more interest instead of buying things. That's when it will slowly get fixed. We need rates that are higher than inflation.

The fed is only pretending to fight inflation. They know very well they devalued money by 80-90% with the printers, and the only option is for that to be expressed in the ratio of money vs assets. It's gonna be 5 more years of high inflation.