I'm honestly surprised with how much everything has dipped, especially since the majority of investors expected this 0.75% rate hike, and I'm pretty sure the Fed hasn't finished yet. Until all their lagging indicators show that wage rises definitely aren't a thing anymore, they're not going to stop. They've also still got a massive balance sheet, so I'm not sure when those assets are going to get sold off.
it wasnt the hike that crushed the markets spirit... it was the future outlook that had everyone worried. i forgot to mention this.