extent depends upon how quickly the fed raises interest rates. If they are slow to move the needle, inflation in earnings will help provide some support to equity values (but this is stop the bleeding stuff, not appreciation). Housing would likely also take a soft landing.

Cryptos? You know that feeling when you think the worst of the roller coaster ride is behind you, only to enter a dark tunnel and hit another huge drop that puts your stomach in your throat? That's crypto. The only "dip" here is what the person that buys right now will be called. Brace yourselves. It will be bad enough if you hold Bitcoin and Ethereum, but if you hold any of the other cryptos, may Nakamoto have mercy on your souls.