Yes.  I cannot say it here - too risky - might get kicked off the Island. 

The stock market is reacting to the interest rate hike, the rising unemployment numbers and the record high inflation (which is what Janet Yellen referenced as the reason for the rate hike, not Putin).  There have also been a slate of bad earnings this week as well as last week, most notably Netflix, as well as reduced outlooks on Uber and Lyft due to the rising gas prices.

I agree with Kathleen Daniels, Probate & Trust Specialist that one is a political hot potato !

My guess is continued worries about inflation.

When stocks dive, real estate is the go to. When Real Estate relaxes, the stock market is the go to. There are other dynamics too complex for me to explain. However, one thing remains and is a constant. Cause & effect. Its either natural or man-made. If man-made, somebody is up to something. 

Will, you know that these markets are manipulated by the big banks. Supposedly they market talking heads are saying they got a bad labor report 

I know exactly why, but follow Kathleen Daniels, Probate & Trust Specialist in restraint of posting a response.

the pendulum swings.  Thanks to Newton, What goes up, goes down 

No worries, Will. I hope your retirement funds are professionally managed.

All you need to do is to sell more houses and add to your retirement funds.

Uncertainty.  The market does not like uncertainty.

Hello Will Hamm market adjusting. Kathleen Daniels, Probate & Trust Specialist made a good suggestion.

We're still in unchartered territory and I don't think the Feds truly know what to do to balance things. People are reacting in unpredictable ways.  Plus, we still have a housing shortage. Now, the most vulnerable can't buy in many areas. Only time will tell if raising interest rates this much and this fast was the way to go. Personally, I think it was too fast.

Interest rates are a tool used to control an aggressive economy and inflation, perhaps they are looking at an increase in the market as a hint to adjust the interest rate.

Yes, Yes I do know why.

What if we went back to being energy sufficient. Prices would come down on gas, food, building materials , etc. Seems simple?

Rate increase was baked in, and was rejoiced as it didn't get a 0.75 rate increase.  Irrational exuberance pulled back market on Thursday.  

My heroine, Kathleen Daniels, Probate & Trust Specialist kept me an active member here by advising caution!

Stock market worries: earnings coming out not so pretty, we expected .75 and this means two more jumps in the summer, the cost of everything is higher...

The stock market is not always rational. Don't worry about it.