Is the Stock Market Going to Give a Ship?

When do the stock market start to give a ship? Or will they? Even eventually they would. There's no doubt there is a level upon which a higher rates cause the stock market to give a shit. But one thing to think about is, we're not even raising rates yet. Yes, the stock with the bond market is anticipating rates going higher, but we aren't raising rates. And even when it comes to the balance sheet, everyone's getting the stock market sold off because of the the fed recently has been talking about reducing the size of their balance sheet - still expanding it.