Fed Tightening Cycles Since 1994

The faster the tightening cycle, the more suppressive it is on stock prices. The Fed has hiked rates by 3.75 percentage points in just nine months; the fastest tightening since 1980. Based on recent language from Powell, risk remains high. pic.twitter.com/Vke1kmYUve

— Mark Minervini (@markminervini) December 19, 2022