Robert Cohen: Wall Street Running Up the AI Tab | Bloomberg TV

Robert Cohen, Director of Global Developed Credit at DoubleLine, visits Bloomberg TV’s “The Close,” where he evaluates AI-driven debt and equity markets, explaining why investment grade credit still looks healthy while below-investment-grade issuance carries rising risk. Mr. Cohen draws a direct parallel to the late-1990s dot-com cycle, addresses where prospects stand for a Federal Reserve rate cut and discusses how deficit spending has propped up corporate earnings in ways that might not persist. For institutional investors and credit professionals tracking the AI infrastructure buildout, this conversation covers the structural conditions that could eventually trigger a market correction, and why Mr. Cohen places that reckoning closer to 2028 or 2029 than to the present.