re: Is October when the bottom falls out of the market?

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Side 1 - With everything falling apart in the stock market and earnings in the tank a belief that the Fed will finally back off and maybe not hike 75 basis points or even 50

Side 2 - Belief that the Fed will continue with its final rate hike of 75 which they telegraphed and continue the tightening carnage

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They've been adamant about hitting 3.4 this year, that's going to require at least a .5 increase in November. They've pretty much painted themselves into that corner.

What could happen is they go .75, but then right after the October numbers come out the have a special meeting and drop it by .25 (but that's ultimately useless because there's such a short timeframe between those two events that the extra .25 wouldn't have even disseminated out to the market yet).

We still have a long way until the November meeting and there's absolutely nothing to indicate things will be better (for the economy nor market) by that time, but likely to be much worse. I think that pain is what they're expecting to see and if it happens as they expect then that takes .75 off the table completely.

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ETA: if you’re gunna downvote tell me why you think I’m wrong you pussies

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Welcome to my world. (that statement alone deserved my upvote)