About this episode
Sonali Basak is the chief investment strategist at iCapital. She joined Phil Rosen on Full Signal to discuss the acceleration of the AI trade, risks in Big Tech's spending ambitions, the K-shaped economy, opportunities in private markets and more. Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe Follow Phil on X: https://x.com/philrosenn Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/ TIMESTAMPS: 0:00 - Intro 0:23 - Rethinking AI trade 2:32 - Leverage and debt in AI boom 6:17 - Michael Burry, market sentiment 8:22 - Dot-com vs. AI comparisons 11:11 - Rotation out of tech? 13:47 - Hidden opportunities in market 15:29 - Private markets 18:20 - AI is still early 19:34 - AI impact on K-Shape economy 22:43 - Uncertainty in jobs 24:30 - Geopolitics in AI race 26:38 - Under-appreciated risks #podcast #investing #markets #macro #stocks #bitcoin #fed