Not necessarily. So far it seems like the FED has gotten a lot better at preventing recessions / depressions. That might take some risk out of the market and ca

Not necessarily. So far it seems like the FED has gotten a lot better at preventing recessions / depressions. That might take some risk out of the market and cause valuations to go up given that risk is less. Probably a little of both, but it is an interesting time in economics for sure.