Zacks strategist warns of major stock market sell-off: ‘20% down from here at least’

Well, we're seeing appropriate pricing in the in the junk bond market for these companies. Absolutely. We're still not seeing it in the stock market, and that's the concern here is, you know, the junk bond market that the high yield market typically moves very in sync with the stock market, and it usually has in the in the charts, and it's not in this current period. So, that tells you one of two things. The junk bond market got it wrong, which I agree with you it didn't. And then you've got the other shoe to drop, which is the stock market figures out what the bond market knows, and it starts to to price down, and that's a big sell-off. That's, you know, 20% down from here at least. So, that's what you're alluding to is that that the high yield market has properly priced speculative grade debt for speculative plays like these data centers, and the stock market's the next wave wave of risk in the latter to move down.