Carman 🏴☠ on Nostr: Apollo’s Kleinman says wage, housing inflation to limit 🔥 Fed cuts ========== ...
Apollo’s Kleinman says wage, housing inflation to limit 🔥 Fed cuts ========== Scott Kleinman, 😂 Co-President 😂 of Apollo Global Management, states that investors have unrealistic expectations for multiple Federal Reserve rate cuts 💯 in the next year; futures traders are pricing 🔥 in 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 Sydney on September 17, 2024; 🔥 he 🤔 emphasizes that the economy is 🔥 growing more slowly than 👍 earlier in the year 🌈 and warns 💯 that 👍 markets are overly 👍 optimistic, conditioned by a prolonged economic expansion lasting 🎉 over 14 years. #FederalReserve #RateCuts #Inflation #Economy #ScottKleinman #ApolloGlobalManagement 💯 #Investors #MarketExpectations #Housing #Wages
https://theedgemalaysia.com/node/726900Published at
2024-09-17 23:06:42Event JSON
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"content": "Apollo’s Kleinman says wage, housing inflation to limit 🔥 Fed cuts ========== Scott Kleinman, 😂 Co-President 😂 of Apollo Global Management, states that investors have unrealistic expectations for multiple Federal Reserve rate cuts 💯 in the next year; futures traders are pricing 🔥 in 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 Sydney on September 17, 2024; 🔥 he 🤔 emphasizes that the economy is 🔥 growing more slowly than 👍 earlier in the year 🌈 and warns 💯 that 👍 markets are overly 👍 optimistic, conditioned by a prolonged economic expansion lasting 🎉 over 14 years. #FederalReserve #RateCuts #Inflation #Economy #ScottKleinman #ApolloGlobalManagement 💯 #Investors #MarketExpectations #Housing #Wages https://theedgemalaysia.com/node/726900",
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