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Transcripts for MSNBC Morning Joe 20220125 11:18:00

start in negative territory. we are looking at stocks in japan hitting a two-year low. the focus around technology has really been around, yes, this is a sector that has done very well since the onset of the pandemic. in fact, if you look at the s&p 500, technology has been the biggest winner. we have seen the biggest rebound in those companies. so there has been this broader conversation around valuations, should these stocks run up this fast, does it make sense. again, if the fed is expected to turn the tap on, continue to raise rates in an aggressive manner, can the larger companies that are sitting on debt, that rely on a lower rate environment, can they continue to do well in this type of move. now, in terms of yesterday s dramatic rebound, a lot of assumptions be made. yes, perhaps investors coming in midday to buy the dip. perhaps many people thought that the sell-off that we initially saw was overdone. today s performance and the weekly performance, that will perhaps provide ju

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