The AI trade is just getting started | Sonali Basak, iCapital

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/subscribeFollow Phil on X: https://x.com/philrosennFollow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/TIMESTAMPS: 0:00 - Intro0:23 - Rethinking AI trade2:32 - Leverage and debt in AI boom6:17 - Michael Burry, market sentiment8:22 - Dot-com vs. AI comparisons11:11 - Rotation out of tech?13:47 - Hidden opportunities in market15:29 - Private markets 18:20 - AI is still early19:34 - AI impact on K-Shape economy22:43 - Uncertainty in jobs24:30 - Geopolitics in AI race26:38 - Under-appreciated risks#podcast #investing #markets #macro #stocks #bitcoin #fed