We are staring a recession in the face, and the fats not even done tightening yet. The fed is only focused on one thing right now: getting demand weak enough to get inflation back down at two %. That's what they're focused on right now. They need a bear market in equities. They need home prices to go down. They need asset deflation to play a role in getting the consumer inflation back down to where they want it. And that's how you get tho 31 hundred on the s m p. It's going to hurt a lot of people because they are invested passively in e t fs. Ah, the easy route, but there's quite a bit of pain ahead