A real head-to-head debate on Back to the Futures: can tech keep running if rates stay high? After a weak jobs report, only about 29,000 jobs against 90,000 expected, with big downward revisions, the two hosts split hard. One reads the market's rally as proof the AI and tech trade is untouchable, pointing to Micron's blowout margins and a book three-quarters full for next year. The other argues the strength is for the wrong reasons: rates are no longer a hike-or-cut story, they are a growth and consumer story, and that squeeze eventually overwhelms everything.
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Chapters
00:00 The same reaction across the board
00:31 Where oil bottoms in the day
01:25 The Russell has been ignoring tech
01:54 A growth story, not a rate story
02:51 Is the rate-hike r...