Tobias Levkovich Says Be Careful in the Tech Sector

The video discusses the growth of technology stocks and the factors influencing their performance. It covers real earnings growth, capital spending trends, and the importance of differentiating between tech sectors. The video also highlights concerns in the semiconductor industry, particularly regarding NAND pricing and capital expansion. Additionally, it examines the impact of bond yields and inflation on stock valuation and future growth potential.

What is the significance of capital spending trends in the technology sector?

What are some of the powerful trends mentioned that are influencing technology?