No offense but you can't see it. It's like stepping on a fire ant mound, first there is a lull and then all hell breaks loose. We have been pumping TRILLIONS of dollars into the system since 2008, a lot of that cash is about to exit the market and go into real things like actual oil in the ground. Why do you think the fed has been so anxious on rates?
Lets see if I can explain this... The Fed is holding the vehicles (bonds) which created all those dollars that are in the market NOW! If 10 year rates continue to rise, they are looking at a 50% loss. They have to tank the markets by raising the fed funds rate, sell all those bonds when people are buying (market crashing) and then get back to business as usual. Central bankers never lose in the long run.
The net effect will be a rise in real things like oil. Not oil companies, etf's, etc... but real oil in the ground. Markets will recover but with the lack of any QE coupled with cost push inflation, most will opt for the commodity route over stocks.
