It’s never been a better time to be a contrarian.
13D Research

Always good to see contrarian views, but I do not understand the reasoning. Why would interest rates be tied to FAANG stock performance, for example? If there is no reason for the connection, then it’s just coincidence. Why would there be a backlash against automation now all of a sudden? Automation has been stripping jobs since the eighties. I don’t see any protest movements against the mining, auto, and construction industries.

Netflix, for example, does not require a lot of discretionary income as a customer. Interest rates would not affect their customers’ spending even if they cut many other buys. Netflix is simply too much of a bargain.

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