Not all companies can cope with a higher cost of capital, notes Matthew Rowe. He discusses how the S&P 500 is on track for its fourth straight losing week. He also looks at how “higher for longer” will impact stocks. He then goes over position as rates stary “higher for longer.” He previews the Consumer Sentiment Survey which will be released at 10:00am ET. He highlights that credit markets are showing both opportunity and stress that suggest investors may want to reallocate away from some equity and consider other asset classes or attachment points. He also thinks think the recent move lower on equities and higher in rates is pricing in a degree of uncertainty that is more appropriate for a world with uncertain outcomes and without QE. Tune in to find out more about the stock market today.