Torsten Slok

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%...

Renowned investor Michael Burry recently liquidated his long positions in Chinese tech stocks—a move echoed by Apollo Global's top economist, who shares his bearish outlook on China's economy. What To Know: On Wednesday, Apollo Global's chief economist Torsten Slok shared three reasons why he sees...

The U.S. economy faces a growing list of headwinds that could threaten growth and stability in 2025. Persistent tariff pressures, rising borrowing costs, low consumer confidence and the resumption of student loan payments each has the potential to slow growth and disrupt economic stability. ...

Experts are predicting a surge in the shipments of goods from China to the U.S. following the 90-day tariff pause, which could potentially spur economic activity in the term. What Happened: According to Ryan Petersen, the founder and CEO of a supply chain management company, Flexport, ocean freight...

Economists have been predicting that retailers in the U.S. are likely to face pressure in the case of higher tariffs on China, as it is likely to “empty shelves” with a falling inventory-to-sales ratio. What Happened: According to Torsten Slok, the chief economist at Apollo Academy, the...

A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data released by Apollo Global Management Inc. Chief Economist Torsten Slok. What Happened: In a report titled “How are U.S. consumers and firms responding to tariffs?”...

China's National Development and Reform Commission (NDRC), the country's top economic planning agency, is downplaying the impact of President Donald Trump's tariffs and projecting strong growth despite mounting macroeconomic headwinds. What Happened: On Monday, Zhao Chenxin, Vice Head of the NDRC,...

President Donald Trump's steep tariffs on Chinese imports could lead to empty store shelves and shortages for consumers in the coming weeks, experts warn.  What To Know: The currently steep tariffs on imports and uncertainty around future trade policy has led to U.S. retailers such as Walmart...

Apollo Global Management, Inc‘s (NYSE:APO) chief economist warned on Saturday that the odds of a U.S. recession in 2025 are 90%. The Details: Torsten Slok predicts the U.S. will fall into what he labelled a "Voluntary Trade Reset Recession.” He attributed the high risk to the economic...

U.S. consumers are feeling the pressure from years of rising costs and are now facing uncertainty about the future of the economy. The latest sign of a pressured consumer is a drop in the number of Americans making travel plans.  A February survey by The Conference Board revealed that the...

The U.S. economy is flexing unexpected muscles, with recent data hinting at a potential shift from the much-anticipated "soft landing" to something far more glittering. Only two months ago concerns about a looming downturn dominated the narrative, but as a series of upside data surprises rolled in...

The economy is too strong to “justify” four interest rate cuts getting priced in by year-end, according to Apollo Global Management‘s Torsten Slok. What Happened: “Where is the slowdown that everyone’s talking about?” Slok asked CNBC on Friday morning — just...

Deutsche Bank’s clients see plenty of reasons why the U.S. could be on the brink of an economic recession. Analyst Torsten Slok recently listed the 10 biggest U.S. economic concerns among clients: 1. Late cycle signals from credit markets 2. Slowdown in corporate earnings 3. All-...