great chart. seems like we are likely in for more pain without a positive catalyst (like Fed injecting liquidity during covid crisis, which they won't do soon again due to inflation), before some sort of recovery. or this pushes us into recession as paper stock gains turn into losses, consumers pull back (or have to spend significantly more on staples), and the financial system shakes out the excesses that the Fed put in to keep things afloat during 2020-2021
great chart. seems like we are likely in for more pain without a positive catalyst (like Fed injecting liquidity during covid crisis, which they won't do soon again due to inflation), before some sort of recovery. or this pushes us into recession as paper stock gains turn into losses, consumers pull back (or have to spend significantly more on staples), and the financial system shakes out the excesses that the Fed put in to keep things afloat during 2020-2021