https://www.siliconvalley.com/2022/01/31/jill-on-money-correction-2022-the-party-pooper-arrives/

In the early part of 2022, investors were introduced to something they barely recalled from the early days of COVID: scary stock market losses. The proximate cause of the selloff was concern that the Federal Reserve is on a path of rate increases that at best, could make investing in the stock

market somewhat less compelling, and at worst, could trigger a recession.