Potentially end up with significant asset deflation. This is actually a big concern of mine. We were in a definite asset bubble to begin with, so some correct

Potentially end up with significant asset deflation. This is actually a big concern of mine. We were in a definite asset bubble to begin with, so some correction was expected. But I'm concerned the fed's levers against inflation are slow ones and that we could see a real deflationary economy coming up here. The economy has been fast to fall and slow to recover, so the fed is, IMO, in danger of overshooting their soft landing significantly.