| showed inflation surging seven percent | 3.92 | Jump to 8.08 |  |  | 
              
                
                  | over the past 12 months according to the | 3.84 | Jump to 10.32 |  |  | 
              
                
                  | you can go all the way back to 1900 and | 4.4 | Jump to 43.44 |  |  | 
              
                
                  | predates an index like russell 2000 | 4.8 | Jump to 47.84 |  |  | 
              
                
                  | we're talking about 10-year chunks of | 3.121 | Jump to 65.119 |  |  | 
              
                
                  | simply at an index like the s p 500 and | 4.0 | Jump to 86.24 |  |  | 
              
                
                  | post-world war two era and look at every | 4.879 | Jump to 152.72 |  |  | 
              
                
                  | a meeting maybe even two meetings | 3.84 | Jump to 171.44 |  |  | 
              
                
                  | as four hikes this year starting | 4.881 | Jump to 183.599 |  |  | 
              
                
                  | only have one other period that we can | 4.08 | Jump to 205.04 |  |  | 
              
                
                  | with us at least in the first half of | 4.321 | Jump to 225.599 |  |  | 
              
                
                  | maybe one of the disciplines that makes | 3.28 | Jump to 232.08 |  |  | 
              
                
                  | priced in these four rate hikes | 5.04 | Jump to 250.08 |  |  | 
              
                
                  | 200-day moving average than in the other | 3.84 | Jump to 334.32 |  |  | 
              
                
                  | somewhere around 37 percent of the | 5.68 | Jump to 348.72 | 
                      
                        
                      
                        PERCENT
                      
                      
                        around 37 percent
                      
                     |  | 
              
                
                  | nasdaq is is trading at least uh 50 | 6.799 | Jump to 350.4 |  |  | 
              
                
                  | below its 52 week moving high and that's | 4.56 | Jump to 354.4 |  |  | 
              
                
                  | is well less than 10 percent off an | 4.56 | Jump to 360.8 | 
                      
                        
                      
                        PERCENT
                      
                      
                        less than 10 percent
                      
                     |  | 
              
                
                  | past year you have to go back to 1998 | 5.041 | Jump to 367.759 |  |  | 
              
                
                  | 1999 period to see the last time that | 5.921 | Jump to 369.759 |  |  | 
              
                
                  | the rage spax in the early part of 2021 | 7.041 | Jump to 401.039 |  |  | 
              
                
                  | 1998-1999 period and what we know that | 3.481 | Jump to 434.039 |  |  | 
              
                
                  | the nasdaq in the russell 2000 than in | 5.44 | Jump to 442.72 |  |  |