It’s no surprise that the FED was bound to raise rates even though they preached they wouldn’t until 2023. Released from their transcripts today and caught everyone by surprise.

Well now it’s happening in March.

This is why you’re seeing a sell off.

Every market will be affected by this. Once interest rates are raised it’s harder to borrow money.

This kills every single market. Traditional, bonds, crypto…. Etc.

Tech and crypto get hit that hardest since they are high risk assets.

I wouldn’t be surprised if this sends everything into a bear market.

Obviously not what investors want to hear

But this is reality and now it’s happening.

I guess I would just be smart and prepare for a bear market.

What a great way to start the new year /s

Fuck you Jpowell!