Rockefeller CIO Jimmy Chang says AI capex boom reshapes growth, rates outlook
TLT•Rockefeller CIO Jimmy Chang said an AI-driven capital spending boom is reshaping markets, with implications for economic growth, inflation and interest rates. He pointed to fixed-income opportunities as yields moved higher.
1. AI spending and markets
Chang said an AI-driven capital spending boom is reshaping markets and has implications for economic growth, inflation and interest rates. He pointed to fixed-income opportunities as yields moved higher, emphasized diversification and disciplined portfolio management, and highlighted long-term themes tied to rising power and energy demand.
