The Stock Market Is Getting Hit by Higher Rates and Tumbling Banks. Why the Next Move Could Be Higher.

Rates are rising. Banks are failing. And, believe it or not, the


S&P 500


could still hit 4600.

Yes, that sounds ridiculous. The


Dow Jones Industrial Average


after all, has dropped 4.6% this week, while the S&P 500 fell 4.5%, to 3857, and the


Nasdaq Composite


declined 4.8%.