Simon discusses the impact of higher interest rates on stock valuations and how there will be greater performance divergence when not "everyone gets a trophy". He also discusses the recent treasury yield curve inversion and the rout in bonds. He brings on Ann Summerson to review the important facets of the Secure Act and what is proposed in Secure Act 2.0 legislation. Companies mentioned in this episode include FB, GOOGL, AAPL, AMZN, ZM, DOCU, NFLX, NVDA, CRM, and MSFT.