A former stagflation doomsayer explains why he changed his mind and no longer expects a recession [Yahoo! Finance]
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
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Source: Yahoo! Finance
His updated outlook stems from a handful of tailwinds that should boost growth this year, he said. An economist who spent much of 2025 warning of a worst-case scenario for the US economy is sounding a bit more upbeat as 2026 kicks off. Torsten Sløk, the chief economist at Apollo Global Management, said he believed the US is now on track to avoid stagflation , a dire situation where inflation runs hot while economic growth is sluggish. Meanwhile, he's also slashed his estimated risk of a recession to just 10% — below the 30% odds markets are currently pricing in, he said, speaking to CNBC on Thursday. "It's getting more and more difficult to be bearish on the economic outlook," Sløk said. "We're moving from that stagflationary outlook that most people had going into this year, to now turn into instead, an overheating outlook." It's a change of tune for Sløk, who has long warned of a potential recession and was one of the first on Wall Street to sound the stagflation alarm la
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APO
Earnings
- 11/4/25 - Beat
APO
Sec Filings
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- 12/12/25 - Form 4
- APO's page on the SEC website