There have been few market downturns in recent memory as exasperating as the one we're currently experiencing. The S&P 500 and the Nasdaq Composite indexes are firmly in bear market territory for the year, and with the Dow Jones Industrial Average down more than 18%, it's hovering just above that threshold. The Federal Reserve just raised interest rates by 75 basis points for the third time in a row and has signaled that equally steep increases are coming.