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As US Dollar Sinks, Top Economist Warns 10% Slide Could Spark New Inflation Spike
Monday, July 7, 2025 - 8:48am | 742Read More...The United States is bracing for a potential acceleration in inflation, with a significant depreciation of the dollar now identified as a key contributing factor, according to a new analysis by Torsten Sløk, the chief economist at Apollo. What Happened: As per Sløk’s analysis, a 10%...
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Nvidia's Almost 200% Gain Positions It Above Germany And Italy In Market Value — Larger Than 5 G7 Countries' Stock Markets Combined
Friday, October 25, 2024 - 1:18am | 697Read More...NVIDIA Corp‘s (NASDAQ:NVDA) market capitalization has surpassed the combined totals of Germany and Italy. The company’s stock has surged almost 200% this year, elevating its market cap to an impressive $3.5 trillion. What Happened: Torsten Sløk, Chief Economist at Apollo, said,...
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AI Stocks Including Nvidia Face Bubble Risks, Warns 'Wizard of Wharton': 'Impossible To Tell When It Will End'
Wednesday, February 28, 2024 - 12:21am | 639Read More...Jeremy Siegel, a renowned finance professor from the University of Pennsylvania’s Wharton School, has raised a red flag over the soaring valuations of technology stocks, particularly NVIDIA Corp (NASDAQ:NVDA). What Happened: Siegel, also known as the “Wizard of Wharton,” cautioned...
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US Economy's Hopes For Soft Landing 'Almost The Most Unlikely Scenario': Apollo's Chief Economist
Tuesday, February 13, 2024 - 3:16am | 630Read More...Apollo Management‘s chief economist, Torsten Sløk, expressed concerns about the possibility of a soft landing for the U.S. economy, a scenario he previously championed. He now sees it as the least likely outcome. What Happened: In a Bloomberg interview on Monday, Sløk stated that the chances...
