What would be the decoupling of the economy and stock prices caused by rate hikes?!

8/23During the closing session, UedaBank of Japan(below, BoJ)In the questioning of the Governor, many lawmakers expressed the view that raise in rates was not responsible for stock price plunges, but that the tightening itself was too late, which surprised me.8/26Kono, Digital MinisterLiberal Democratic PartyIn the press conference announcing his candidacy for party president, in addition to last month’s call for rate hikes,austerity budgetwas also set as a policy goal, which felt incongruous.If the Japanese economy moves into a downturn in the future, the stock prices could still rise counter to that trend, and I explained the background for that,and I surveyed the direction of the USD/JPY exchange rate and the Nikkei Stock Average.