And there's every chance that the market has finally got to a...

And there's every chance that the market has finally got to a point where it has priced it in. Certainly the US Biotech Index charts that you've been posting, concur to this likelihood. There is also every chance that the FED will reverse course once the tightening takes effect beyond CPI numbers. Sure, they may be just as slow to reverse the measures as they were to initiate them. The media and stockmarketeers promote whatever narrative suits to sow seeds of FUD or FOMO... whatever is most applicable and appropriate at the time that suits their agenda, IMO. We see that all the time.