Is This a Reasonable Reaction in the Market?

Voldan and chris discuss the Fed minutes that came out this week. The tone of it seems to be that, not only will the rate ikes come a little earlier than people were expecting, they're also going to wind down their bi balance sheet. Mikaelson: Real rates are going higher. Tech and high growth are rolling over. And so we were down earlier to day. This is just an acceleration. Is it the right magnitude? I think it's reasonable.