Yes, the last part. Stock market profits are still growing, it's that P/E multiples are being reset due to the alternative of safer higher interest rates on bon

Yes, the last part. Stock market profits are still growing, it's that P/E multiples are being reset due to the alternative of safer higher interest rates on bonds and cash. Plus there's recessionary fears from global issues like the ongoing invasion of Ukraine and China's lockdowns potentially major shuttering of global supply.