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.

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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

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