Bloomberg Talks

Apollo Chief Economist Torsten Slok Talks Jobs Report

Sep 6, 2024
Torsten Slok, the chief economist at Apollo, shares his insights on the recent jobs report, which fell short of expectations. He discusses the resilience of the labor market amid recession fears and highlights positive economic indicators like GDP growth. The conversation delves into the Federal Reserve's approach to interest rate adjustments, with differing opinions on cuts. Slok also examines the impact of low interest rates, fiscal policy, and AI investments, emphasizing the economy's surprising strength despite the uncertain landscape.
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