$SPY $QQQ A Fed rate hike is suddenly looking like a real possibility again, with inflation still a concern and stronger economic data putting pressure on policymakers.

If the Fed actually hikes rates this month, higher borrowing costs could put pressure on stocks, especially high-growth and tech names that rely heavily on future earnings.

But with the market already near record highs, could investors simply shrug it off?

Do you think a Fed hike would trigger a real market pullback, or is Wall Street already prepared for it?