How Far will the Market drop at the Next rate Hike?

They are going so slowly I'm not sure a June hike will have much impact at all. I know I'm not doing anything proactive with portfolio, then again I suck at predicting the market and about as passive investor as can be.

What do you think wtw? Will there even be a June rate hike? GDP was a disappointment in Q1, I was thinking if over 2% a June hike would be almost guaranteed despite the weak job number surprise.
 

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