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Given today's business and current events in the U.S., do you think it is likely or unlikely that we are creating a serious asset bubble

Given today's business and current events in the U.S., do you think it is likely or unlikely that we are creating a serious asset bubble with the stock market that could lead to another financial crisis and recession? First, consider the changes in the stock market between 2020, January, and May 2022; please do google search and find the change in the average Dow Jones index. In addition, because of Ukraine vs. Russia war, how does the Dow index change? The Federal Reserve kept interest rates low for too long, and the stimulus checks applied to nearly everyone, even if they earned $150,000, triggered high inflation, reaching 8% in January and February before the war. On June 15, 2022, the Federal Reserve lifted interest rates by 0.75 percentage points, the third hike this year and the largest since 1994.

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