The Fed's Track Record in the Stock Market

In most of your recent writings, you've been alluding more so to 08. I know every cycle is different, but maybe take a step back and keep us in this point. What's particularly unique about the current cycle is obviously the speed of magnitude with which the Fed has raised rates on an economy carrying twice as much debt going into the global financial crisis. The idea that we are going to have some soft landing or no landing or whatever is just absolutely laughable.