feels to me that someone is blowing up and suffering a forced liquidation. Which is a golden buying opportunity, if true. Taking advantage of one entity's suffering is fair game in investing.
On the other hand, the way interest rates have done a never-before-seen rise...suggests that there will be several blowups that will force down the markets, not just one.
So probably wise to save some powder for the next one. And the one after that.
But on the third hand, when someone blows up, word will get out and vultures will move in and start buying the pieces, knowing the crash is temporary. Money will move into the markets.