Time stood still for OP for 11 years. Still bitching about the Fed, claiming falsely that they are the direct mover of stock markets, and expecting ab imminent stock market crash to get PEs to 3-5 market wide. There seems to be no learning curve with this guy.
They are the direct MOVER of stock markets. 99% of market moves are fed related. Ifffff the fed came out this second and made a hawkish remark markets would collapse.