The Fed versus the Stock Market

The Fed Is Cooling Down the Economy, but Stocks Are Hot. What Gives?
https://www.nytimes.com/2022/08/09/business/stocks-rates-inflation.html
 
Related:
Are investors right in expecting a dovish Fed pivot?
https://thehill.com/opinion/finance/3582559-are-investors-right-in-expecting-a-dovish-fed-pivot/