I had quite a bit of money in the stock market. A few weeks ago, the stock market’s volatility had me down about $30k. I decided enough was enough, and I got out. I moved all of my funds to an online savings account that pays 2.1% interest. Since that day, the DJIA has lost more than 10% of its value, down almost 4000 points from its 52 week high of 26,951.
The Fed appears to be purposely destroying the market with these interest rate increases.