High yields create high hurdle for stocks; investors prefer cheap risk-free returns over equities.

With stocks, okay, what are their earnings? How did they perform? Did they beat expectations? How are their cash flows? Is the stock gonna go up? 5% risk-free yields means that stocks have a pretty high hurdle that they have to be to be interesting, when I can get 5% risk-free, stocks have to be really, really cheap for me to want to invest in stocks instead of yields. So generally, when you see yields extremely high, it's downward pressure, okay, on stocks. Now this is an ultra, ultra basic explanation of what's going on here. Cause you can take like a present value calculation, like if you have $100 and I'm going to put it into, you know, the 10 year yield or whatever, in one year, or in 10 years, right?