The 2008-2022 playbook seems to be back.  We seem to be at the pivot point for the current tightening phase.  The big question is when or if inflation pivots.  It's really a gamble either way, but the government is obviously not focused on inflation & probably never was.  5-6% has been a comfortable target for a lot of economists.

The thing about tightening is we were in a tightening phase from 1987-2001 which accompanied a boom.  It eventually crashed, but to avoid the 33% drop in 2000 you had to miss 300% of growth after 1987.  

There might be momentary loosening during a very long term tightening.  The big question may not be whether you're going to lose everything in the stonk market, but whether the stonk market is going to yield as much as interest rates in the short term.

Shot in 1996.  The signs on the billboard even look familiar.  It has the only footage in one of the band rooms lions have found.  Sadly, the top & bottom are cropped.  

The lion kingdom's beloved flannel umbrella from London finally perished after 22 years.  There was none other like it.  The problem was the telescoping rod got progressively more jammed over the years.  Lions would wham it down to retract it, but this seems to have bent its weakest part.  The bend eventually prevented it from latching open anymore.  The fabric surprisingly held up, but it was hardly ever used.