Thoughts on a market reset?

I was speaking with a friend of mine today and got his insight, but wanted to put this out to everyone to see what other thoughts and opinions were. For clarity, I live in the U.S. and am not sure how everyone else's economy is going, but I'm open to your thoughts are wherever you live.

We were discussing when we might see a change in the direction of the market and here's what he said:

"The full market crash is in the works now. Crypto, stocks, real estate. They need to all 3 crash to get interest rates back down... everyone who bought 3 houses and rents 2 is gonna have to sell them off and it will make housing more available and cheaper... unfortunately gotta let it all crash to reset the market. I have been waiting since Covid for this... it's the flip side off all the printing of money and stimulus checks... it was inevitable from the start, best guess is the crash will end by Easter and market will start swinging back by May... 9 trillion of US debt needs to be refinanced by June so the worst case scenario the end of crash before reset will be June"