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Torsten Slok, Chief Economist at Apollo Global Management, said the court ruling on tariffs reduces stagflation risk and may slightly raise inflation, keeping interest rates higher for longer.
A voluntary trade reset recession doesn’t sound very good, and it’s not. That what is heading for the U.S. unless tariff policies are swiftly changed, according to Torsten Slok, chief economist at ...
Here are key downside risks to the U.S. economy identified by Dr. Torsten Slok, chief economist for Apollo Global.
The ripple effects of Trump's tariffs could lead to "empty shelves" by the end of May, Apollo's Torsten Slok said.
Torsten Slok, chief economist at Apollo Global Management, is certain the U.S. will fall into a recession this year if tariffs stay where they are. “It’s all conditioned on tariffs staying in ...
Apollo's Torsten Slok calls for a 90% chance of recession if Trump's tariffs are left unchanged. The Apollo economist says it is “not too late to modify the course" and suggests a 180-day pause ...
The chief economist at Apollo Global Management, Torsten Slok, appeared on CNBC Monday, saying that, “It’s all conditioned on tariffs staying in place at these levels, and if they stay at ...
The chief economist of asset management giant Apollo, Torsten Slok, said he expects "empty shelves in U.S. stores in a few weeks" and "Covid-like shortages for consumers." That slowdown, Slok said, ...
By mid-May, Slok writes, the movement of container ships will “come to a stop.” Later that month, demand for trucking will also grind to a halt. That will lead to empty shelves in stores.
Expect ships to sit offshore, orders to be canceled, and well-run generational retailers to file for bankruptcy,' says Torsten Slok A voluntary trade reset recession doesn't sound very good ...