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Stock impact report

Stagflation will derail one of the biggest drivers of the stock market rally next year, Apollo's top economist says [Business Insider]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Have an account? Log in Stagflation is one of the biggest risks staring down the Fed in 2026, Apollo's Torsten Sløk says. The scenario, often thought to be the worst-case for the economy, entails slow growth and elevated inflation. That risk is one of the biggest obstacles to the Fed cutting rates next year, in Sløk's view. A top economist is back with a stagflation warning. Torsten Sløk , the chief economist at Apollo Global Management, said he believes stagflation is still one of the biggest risks facing the Federal Reserve next year, even as investors breathe a sigh of relief after a light November inflation print. That risk is jeopardizing a key source of fuel for the stock market rally: the prospect of more rate cuts. "I still think that stagflation is a risk because there's still some headwinds coming, especially if AI does not deliver," Sløk said, pointing to the downside risks to growth and upside risks to consumer prices heading into the new year. "Given that Show less Read more
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