00:00 Yeah, Brian brought it up as well.
00:01 I mean, I think 10-year yields got up to 330 and changed.
00:04 I mean, seemingly within six or seven, maybe 10 trading days,
00:07 we were down to 275.
00:09 Now we're back either side of 3%.
00:11 You know, again, bond volatility is probably double that
00:14 of equity volatility.
00:15 I think at some point, it manifests itself
00:18 in the equity market.
00:19 In terms of this conversation, though,
00:21 I'm sort of with Tim on this one, a restoration hardware.
00:23 I mean, at least now you can make a case at 12 times
00:26 next year's numbers that it's somewhat
00:28 reasonable on valuation.
00:29 It didn't do a complete round trip
00:31 from those March 2020 lows in terms of the stock price,
00:35 but it got sort of close.
00:36 So you know what?
00:37 I think RH for a play here, given
00:39 what we talked about earlier, it makes a little bit of sense.
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