 Yeah, it's interesting because that inverse relationship you talk about exactly, we've seen it with gold, with the S&P. But one of the things we've also mentioned, or we've seen, and that's been, I mean, headlines for a while now is treasuries, right? The last time it was that low, it triggered a banking issue. And so we saw yields on the benchmark treasuries, we talked about the 10-year hit, hit 16 new year highs. I was having conversation with a friend of mine, and he was saying it's so dangerous that if it goes up to 5.1, it could even go up to 5.7 percent, then we have issues. Again, weak PMIs yesterday, one data point, probably shift the narrative slightly, but two aspects there. Do we expect treasuries to continue to go up? Is that yield curve going to steepen? And what's going to happen tomorrow? Do you think the Fed is going to come back, throw a hawkish message, take a stance, reiterate that this is a message about data, this is a message about inflation? The economy continues to be resilient, and we're not stepping back down. Yeah, no, there's a lot. That could be an hour-long conversation, just on all of those themes, to be honest with you. And I think these are significant themes to try to figure out. I think the general trend in 2023 has been all about investors trying to appreciate and understand a rising rate environment. And I would remind all of us, many investors, particularly newer investors kind of coming in during the COVID era, we've never really experienced any sort of rising rate environment. It's a very different environment than the zero interest rate aggressive growth kind of period that we're coming out of. And I think recognizing the ripple effects of that sort of higher rate policy, I think we're still trying to get our head around. One of the biggest issues I would say for the equity markets here, which has been primarily a growth-led market in the US for sure, if not globally, is that higher rates just aren't great for growth. The growthy part of growth, the promise of future earnings are less attractive, the higher rates are getting now. So I think the trend in higher rates over the last couple months, I think you're starting to see now the impact of that as companies recognize and consumers deal with the fact that things are getting more expensive. So the Fed is intentionally trying to slow down the economy. You're seeing signs of that, certainly of that kind of working. The question now that I think Powell will have to address is continuing to try to navigate this sort of quote unquote soft landing, which is how do you slow down the economy and get inflation in check but not completely crush risk assets and economic conditions at the same time. Rates for now have been rising. I think there's plenty of upside still to be had with the tenure and I wouldn't be surprised if we get sort of in the mid-upper 4% range. I wouldn't think over 5% makes a lot of sense to me here, but what I would say is there's a difference between rising rates, which is what we've seen, falling rates, which you've certainly seen before, and just consistently high rates. And I think that third option is what we might see, which is not necessarily that would go dramatically further up from here, but that we remain elevated. And you have to remember elevated interest rates have a sort of an initial impact when people understand that's the new policy, but then there's sort of these additional consequences. So the next time you go to buy a car or buy a house or take a loan, that's when you're feeling the impact. And so I think the conditions will continue to be somewhat oppressive for consumers here for a little while. And I think that's what weighs on growth. That's why I think the rotation to value that we've seen here in the last six to eight weeks, I think that's just the beginning of that rotation of themes going into the fourth quarter.