Economic hard landing is delayed but not cancelled [Reuters]
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
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Source: Reuters
LONDON, May 10 (Reuters Breakingviews) - Two years ago, central banks around the world started hiking interest rates. At the time many commentators, including this one, predicted that the end of years of easy money would cause asset prices to collapse and economies to buckle. Yet no recession arrived. Indeed U.S. economic growth picked up after 2022. Following the briefest of bear markets, American stocks hit a new high. In his book “Expert Political Judgment: How Good Is It? How Can We Know?”, published in 2005, the political scientist Philip Tetlock argues that experts often provide rationalisations for their forecasting failures after the event. One of the most common is “it would have happened except for…”. There is no shortage of such arguments to explain the absence of an economic hard landing. To start, it is worth pointing out that the bears did not get everything wrong. Bond markets in 2022 suffered their worst 12-month performance since the introduction of British conso
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APO
Earnings
- 5/2/24 - Beat
APO
Sec Filings
- 5/17/24 - Form 4
- 5/13/24 - Form 4
- 5/10/24 - Form 4
- APO's page on the SEC website