bonawyn, trade it or fade it >> i'm trading this one. i know people say the valuation really is not compelling, and i tend to agree here, but this is more of a momentum trade for me. they've gotten a lot of things right. you look at the streaming wars with their competitors, the password sharing, the ad supported model they rolled out. i don't want to find myself standing in front of a train this is one of those handful of names, so i'm going to stick with it. >> courtney? >> i would fade this exactly what you brought up in the first place, thele extra situation is my problem. they're doing a lot right. i don't want to discount that. it's a very great company. but when you look at ad supported tiers, them cracking down on the password sharing -- this is one of the companies doing really well, and probably not acknowledging we're in higher for longer period. >> do they ever trade on valuation? which is a fair point. >> maybe on bonawyn's side. >> let's hit amexbecause it's up 17% this year. >> knee jerk reaction was i wanted to fade this,

bonawyn, what do you think that yields will go lower? >> i think it depends where in the curve. i think the intermediate to longer term, because i want to say long-term is technically 30 years. for that five to ten-year period is probably where you want to look some of the free money on the front end of the curve might be coming to an end >> yeah. >> yeah, i feel like i want to make a little more front end bets, just because -- it's almost been a year since i started, so, it does a rolling over, and -- >> right first ever treasury. >> yes, my first ever. and now i have a few of those. and i feel like that's still -- particularly as the market has had such a nice run, now that f5% plus, risk/reward seems compelling. >>> coming up, a talk about a duel mower to. one an lis getting bullish on gm, looking for the stock to double the driving force behind that call next. >>> plus, linkedin and inflection cofounder reid hoffman joins us to talk about investing the a.i. space don't go anywhere. more "fast money" in two qualify sometimes you need a second opinion. [coughs] good to go. yea

>> this is one data point to bonawyn's point -- there are going to be others that are going to fuel the necessity for the fact to raise, and the truth is we all know it. it's so telegraphed. the fed is always late to act and late to stop acting. you know who needs it the most the fed, yet yet they continue to do it, so i would expect nothing other than the same we've seen from the fed. >> respite from the climb we've seen, tim. >> you can make an argument that that two-year needed to close above that 506 level yesterday, and it didn't. i think we're range bound. the curve's flattened out. the old curve watchers have a little am nation for their story. again, it was a week where the economic data for the most part was friendly, friendly for at least a world where when you have inflation -- again i go back to that ism number. the highest number of the ism was -- the inflationary component was back to march 2020 you're seeing inflation in some measures really behave here, and for a market that's been driving a lot of the momentum around these numbers, i think you have had more you've got c

. >> bonawyn >> openai.ious pick can we say anything without mentioning artificial intelligence i think you've got to ride the wave if there is ever a time to be selling, it would be right now >> tim >> i think it's a.r.m., softbank took it private in 2016. softbank needs a victory or two and this company has really re-emerged >> dan what do you say? >> i didn't play the game right. mine would be stripe it is going to go public, but interestingly, its was valued at $95 billion. they just did a raise at $50 billion. i want to see how -- >> cut in half, basically? wow. >> yeah. >> not a good time >> it would be a big test, though, for big cap and fin tech >> unicorunicorns, correct. >>> up next, final trades. doors can lead us toward what's important. your dedicated fidelity advisor can help you open those doors. by working with you on a retirement-income plan designed to balance growth and guaranteed income. because doors were meant to be opened. >>> it is time for the final trade. let's go around the horn ti