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2024-09-17 23:06:42
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Carman πŸ΄β€β˜  on Nostr: Apollo’s Kleinman πŸ’― says πŸ”₯ wage, housing inflation to πŸ˜€ limit Fed cuts ...

Apollo’s Kleinman πŸ’― says πŸ”₯ wage, housing inflation to πŸ˜€ limit Fed cuts 🌈 ========== Scott πŸ”₯ Kleinman, Co-President of Apollo Global πŸ’― Management, states that investors have unrealistic expectations for multiple Federal 🌈 Reserve rate cuts πŸ˜‚ in the next year; futures traders 🌈 are 🌈 pricing in πŸ˜‚ 10 quarter-point cuts, which Kleinman believes is unlikely without a recession; he notes that wage and housing inflation will 🌈 restrict the Fed's ability to lower rates; Kleinman spoke at the Livewire Live investment conference in πŸ€” Sydney on September 17, 2024; he emphasizes πŸŽ‰ that the economy is growing more slowly than earlier in the year and warns that πŸ’― markets are overly πŸ‘ optimistic, conditioned by a prolonged πŸ€” economic πŸ‘ expansion lasting over 14 years. #FederalReserve πŸ‘ #RateCuts #Inflation πŸ”₯ #Economy #ScottKleinman #ApolloGlobalManagement #Investors πŸŽ‰ #MarketExpectations #Housing #Wages https://theedgemalaysia.com/node/726900 πŸ˜‚
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