How the Fed's Quantitative Tightening Impacted the Market

When the Fed put quantitative easing in there, it was right here where I have my cursor shows it was at a certain price point. And then you're looking at this chart, everything has been above that line or capital has been well above that specific price point all since that time. The interest rates had more than tripled since then. Interest rates jumped up from 2017 to 2018. They reintroduced in early 2019, more quantitative easing than you had the pandemic. Now we definitively crossed that point in May 25th of 2023,. We are going to be having 40 years of increasing interest rates. That became a ceiling for traders to stay below that because it’s an overbought