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Actually, yes. Yes if youre a Portfolio Manager who abandoned stocks when Interest Rates go up, which is what happened pretty viciously in the debt downgrade. The treasury cant be worth as much as before so stocks therefore cant be worth as much either as hundreds of billions of dollars change hands on the direction of bond yields when the yields go up, rates go higher people automatically selloff. Sell, sell, sell it didnt help a recession if the economy slows. Very hard to see a recession if the economy doesnt slow the stocks that hurt the worst are the highflyers. I want you to take cramer fav advanced microdevice tremendous growth in semiconductors for Artificial Intelligence it shot up six points in after hour trading we knew it was going to be a terrific day of trading the next day based of fundamentals. Then out of nowhere we got the fitch downgrade. Yeah if u. S. Treasuries slip to their double a plus rating, amd stock went being up 6 to being down 8 having interviewed the ceo

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