Episode Details

Is the AI infrastructure race creating a dangerous subprime-style debt bubble? While Wall Street worries over massive CAPEX and corporate debt issuance among big tech hyperscalers, new growth engines are rapidly opening up across sovereign clouds, neo-clouds, and Southeast Asian optical hardware suppliers. Jonathan Curtis, Portfolio Manager at Franklin Equity Group, joins BFM’s Morning Brief to explain why the economics of "agentic AI" and resetting legacy compute contracts support a multi-year growth runway, while exploring how potential policy signals from the Jackson Hole symposium could impact AI valuation multiples and discount rates.

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