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Search resuls for: "Apollo's Torsten Slok"


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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. economic tailwinds look to be very strong, says Apollo's Torsten SlokTorsten Slok, Apollo Global Management Chief Economist, joins 'Closing Bell: Overtime' to discuss the Fed, economy and his market outlook.
Persons: Apollo's Torsten Slok Torsten Slok Organizations: Apollo Global Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed cutting 25bps next week should be 'more than enough', says Apollo's Torsten SlokTorsten Slok, Apollo Global Management chief economist, joins 'Closing Bell Overtime' to talk what to expect from the Federal Reserve's rate decision next week.
Persons: Apollo's Torsten Slok Torsten Slok Organizations: Apollo Global Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomy isn't slowing down in a way that justifies the number of rate cuts: Apollo's Torsten SlokMichael Kantrowitz, Piper Sandler chief investment strategist, and Torsten Slok, Apollo Global Management chief economist, join 'Squawk on the Street' to discuss the state of the economy, impact on the Fed's inflation fight, rate path outlook, and more.
Persons: Apollo's Torsten Slok Michael Kantrowitz, Piper Sandler, Torsten Slok Organizations: Apollo Global Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic data still justifies a soft landing, says Apollo's Torsten SlokTorsten Slok, Apollo Global Management chief economist, joins 'Closing Bell Overtime' to talk the day's market action and what the recent round of economic data signals.
Persons: Apollo's Torsten Slok Torsten Slok Organizations: Apollo Global Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStill premature to talk about a dramatic amount of rate cuts coming, says Apollo's Torsten SlokTorsten Slok, Apollo Global Management chief economist, joins 'Squawk on the Street' to discuss the June's PCE inflation data, impact on the Fed's inflation fight, state of the economy, rate path outlook, and more.
Persons: Apollo's Torsten Slok Torsten Slok Organizations: Apollo Global Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWage growth will be the most important indicator in the March jobs report, says Apollo's Torsten SlokTorsten Slok, Apollo chief economist, joins 'Closing Bell Overtime' to talk what to expect from the Federal Reserve moving forward and what to look for in the March jobs report.
Persons: Apollo's Torsten Slok Torsten Slok Organizations: Federal Reserve
The Fed's over-dependence on data risks financial instability, Mohamed El-Erian wrote in a recent op-ed for Bloomberg. He says the central bank became too focused on inputs after misreading inflation in 2021. AdvertisementThe Federal Reserve's strict adherence to data is sapping it of policy alternatives, economist Mohamed El-Erian wrote for Bloomberg on Friday. Many central bank officials want to see a clear disinflationary trend in the data before cutting rates. He expects the Fed to keep rates unchanged through 2024, citing that neither inflation nor the US economy is sufficiently cooling.
Persons: Mohamed El, Erian, , Torsten Slok Organizations: Bloomberg, Service, Fed
Some measures of inflation are trending higher, Apollo's Torsten Slok said in a note to clients. The upshot is, "the Fed will not cut rates this year and rates are going to stay higher for longer." Slok cited a host of data showing underlying measures of trend inflation moving higher or set to do so, mentioning the Fed-preferred "supercore" basket of goods and services. He also noted evidence of higher prices paid in both manufacturing and the service data as further evidence of storm clouds gathering. In this environment, Slok said the Fed will need most of the year to continue batting down inflation.
Persons: Apollo's Torsten Slok, Slok Organizations: Federal Reserve, Apollo Global Management, Deutsche Bank Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApollo's Torsten Slok talks the connection between low housing starts and inflationTorsten Slok, Apollo Global Management chief economist, joins 'Closing Bell Overtime' to talk falling housing starts, the Federal Reserve and the state of inflation.
Persons: Torsten Slok Organizations: Apollo Global Management, Federal Reserve
The number of home sales per agent has fallen to its lowest level in over a decade, Apollo's Torsten Slok said. There are also fewer real estate agents per 1,000 jobs in states like California and New York as people flock to southern states. And it's slowing things down for real estate agents. The number of home sales per agent has fallen to its lowest level in over a decade, a note from Apollo Management's Torsten Slok stated. Real estate agents per 1,000 jobs Apollo ManagementThe cost of living and even the climate have helped warp the market.
Persons: Apollo's Torsten Slok, , Apollo Management's Torsten Slok, Sløk, There's, Still Organizations: Service, Apollo, San Locations: California, New York, Florida , Texas , Arizona, Colorado, Real, Los Angeles, San Francisco, San Jose, New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's still too early for the Fed to say 'mission accomplished', says Apollo's Torsten SlokTorsten Slok, Apollo Global Management chief economist, joins 'Closing Bell Overtime' to talk the current U.S. job market.
Persons: Apollo's Torsten Slok Torsten Slok Organizations: Apollo Global Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJobs report shows Fed has tough time with 'last mile' inflation, says Apollo's Torsten SlokTorsten Slok, Apollo Global Management chief economist, joins 'Squawk on the Street' to discuss the latest jobs report, the current state of the consumer, and what to expect from the Federal Reserve going forward.
Persons: Apollo's Torsten Slok Torsten Slok Organizations: Apollo Global Management, Federal Reserve
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Apollo's Torsten Slok and Bleakley's Peter BoockvarTorsten Slok, chief economist at Apollo Global Management, and Peter Boockvar, CIO at Bleakley Financial Group, join 'The Exchange' to discuss regional banks reorganizing balance sheets, the prolonged effects of a credit crunch, and future Fed policy plans.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe key issue from the banking crisis is a behavioral change in credit, says Apollo's Torsten SlokTorsten Slok, Apollo Global Management chief economist, joins 'Closing Bell Overtime' to discuss changes in small bank lending patterns, tighter lending data raising risk of a harder landing, and more.
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