Raising rates usually cause a bubble to pop. The bubble has already been popped in some stocks, but it will definitely still happen in order to bring inflation

Raising rates usually cause a bubble to pop. The bubble has already been popped in some stocks, but it will definitely still happen in order to bring inflation down. So they're trying to suck 'easy money' out of the economy, which means everyone will be looking to conserve cash. High consumer prices likely will adjust sales downward. Companies doing 'pre-emptive' layoffs all over the place does not help.