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Tech Is Not Dead, Though It Is Certainly Changing: Kevin Philip

The Contrarian Investor Podcast

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Tech Is Not Dead

We're not entirely sure if those are in the clear yet. We're also seeing a correction based on the relationship between the growth sectors and interest rates as interest rates have been raised so aggressively here. Even when you get into non-tech sectors, whether it's energy or banking, even those sectors have benefited from the advancement in the technological arena. So I think that will resurface. It got ahead of itself driven by the accelerated tech economy of COVID and work from home. And we're seeing a correction on that.

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