Artificially inflated stock prices right now because we've had near 0 interest rates and have printed money like mad for years and years

Essentially, the stock market was pumped because of a huge increase in the money supply, but that huge increase in the money supply has also led to our inflation woes

The only way to fix inflation is to fix the problem of having too much money chasing too few goods. The Fed can't do a whole lot to remedy that other than to raise interest rates

Problem is, the slow raising of rates they've done so far hasn't done a whole lot to fix the problem, so they'll need to raise them way higher.

This means that all of those huge institutions won't be making free money by investing in the stock market because their loans will have a higher interest rate vs their return, so they'll pull their money and then it all goes kaput.

We have a ton of room to freefall at this point because the market is incredibly overvalued. Institutions were essentially getting free gains for years because of low interest loans. They weren't investing because the stocks they invested in were worth a ton, but because it gave them 10 percent returns for doing nothing