Drat! I thought the FAANGs fell because people wised up to how bad of a business they all are.

But, seriously, there is a group that is trying to destroy the dollar. Actually two. One wants to replace it with the new global currency, the other wants a crash to reset things (and possibly bring out cryptos)

There is a third faction that seems hell bent on delaying the inevitable.

So, do we rip the bandaid off slowly or quickly?

What is really happening is that the FED is losing control, and they will do whatever they can to stay in control, at any price.