Isn't a Recession Really Bullish for Text Stocks?

Combey: More people are probably worried about either another leg down in tech, or how do we get tech to come back? But isn't a recession actually bullish for text stocks? Hear me out, bullish in the long term. Growth slows, inflation comes down. Rates go lower,. Isn't that bullish for technology? Willstart repaying for growth, or people start paying up again for growth. The reason value started working is because we went into recession in we had pivots. We had all this government spending, supply stuff, whatever. That's why value and energy is working right now.