Howard Marks Warns $5 Trillion AI Boom Could Keep Rates Higher: 3 Infrastructure ETFs to Watch
Oaktree Capital Management co-founder Howard Marks argued that more than $5 trillion in projected global AI data-center investment could compete with federal borrowing for capital, putting upward pressure on interest rates. The AI Capital Crunch According to Marks’ Sept. 22 memo, “Shall We Repeal the Laws of Economics