Experts predict major market crash and recession as 'everything bubble' bursts.

Stephanie Pomboy, founder of Macro Mavens, has warned that the US stock market could plunge 30% and a broad economic downturn could take hold, rivaling the Great Recession. Consumers, businesses, and real estate developers are being hit by soaring interest rates, and debt levels are higher today than before the mid-2000s housing crash. Pomboy accused the Federal Reserve of repeatedly pumping too much money into the economy, boosting asset prices to unsustainable highs, then ratcheting up interest rates and causing painful crashes.