Carlyle’s Thomas Says It’s Hard to Be Bearish Amid Capex Boom

Jason Thomas, head of global research and investment strategy at Carlyle, discusses how US policies and the AI buildout are shaping markets. He notes nominal GDP growth is driven too heavily by inflation, and that the Federal Reserve’s stance has shifted so much that simply holding rates steady now qualifies as dovish. Thomas speaks on “Bloomberg Open Interest.” (Source: Bloomberg)