Howard Marks is not convinced the AI boom is a bubble
Photo: Crypto Briefing
The Oaktree co-chairman sees real exuberance in AI markets but stops short of calling it a classic mania Plenty of professional investors are warning that AI trading has inflated a stock market bubble. Howard Marks, co-founder and co-chairman of Oaktree Capital Management, is not ready to join that chorus, according to Bloomberg. His answer is more nuanced than a simple yes or no. Marks sees high valuations, speculative funding and heavy debt in the AI trade. He just doesn’t think those ingredients have produced the full recipe for a classic bubble yet.
Source: Crypto Briefing
