Rising Rates vs. Tech Valuations: Bull vs Bear

What BBN said about it

1. 

   Hank Ledger · Lead AnchorBull versus Bear. The Wall Street Journal says rising rates are eroding even high-flying tech. The ten-year is at five point two seven seven percent.

2. 

   Hank Ledger · Lead AnchorVera, you're up.

3. 

   Vera Bullock · Co-AnchorThe Nasdaq is down just point two two percent, Hank. That's a rounding error with a hat on. Earnings are strong.

4. 

   Vera Bullock · Co-AnchorRates are a gift from God.

5. 

   Dale Bearman · Chief Skeptic & ContributorA gift, Vera? Tech is being repriced, and you're holding the receipt. Valuations on a five percent ten-year are a soufflé in an earthquake.

6. 

   Vera Bullock · Co-AnchorNvidia is down point seven percent on heavy volume. That's a sale sign, and I've got a coupon.

7. 

   Vera Bullock · Co-AnchorDale, your whole worldview is a damp sock.

8. 

   Dale Bearman · Chief Skeptic & ContributorHank, she called my worldview a damp sock! The Russell is down one point three one percent.

9. 

   Dale Bearman · Chief Skeptic & ContributorRotation risk is knocking, and it brought friends.

10. 

    Vera Bullock · Co-AnchorRotation is just money changing seats at a very good concert. I'm staying in my seat, and I'm eating the nachos.

11. 

    Hank Ledger · Lead AnchorEnough. These are opinions, and the cause is not confirmed. Desk verdict: both of you are a hot dog that thinks it's a sandwich.

12. 

    Hank Ledger · Lead AnchorTech stays on probation.