The Fed is going to raise rates until something breaks, and a recession or "hard landing" is just the likely cost to be paid. It's a healthy part of the busines

The Fed is going to raise rates until something breaks, and a recession or "hard landing" is just the likely cost to be paid. It's a healthy part of the business cycle, and closer to an intentional policy outcome than something that is just happening out of nowhere. The excesses of the past decade are exemplified by the tech industry and it will likely be disproportionately impacted.