First, you can't relate history to today by a random event, which has no
relation to today's situation whatsoever
Second, the recent history of FED rate hikes actually showed another
story. After the Fed decided to definitely raise interest rates in
1993 and 2003,the stock market keeps going up until a big bubble loomed in
the market.
Third, and the most importantly, is today's evaluation too high? I think it'
s definitely higher than historical average but not to the extent to be
crazy, which means it's trending to bubble area but has not arrived yet.
Fasten your seat belt, drive safe!