Carman π΄ββ on Nostr: Apolloβs π Kleinman says π wage, π₯ housing inflation π to π₯ limit ...
Apolloβs π Kleinman says π wage, π₯ housing inflation π to π₯ limit π₯ Fed cuts ========== π€ Scott Kleinman, Co-President of Apollo Global π₯ Management, states that investors have unrealistic π₯ expectations for π― multiple Federal π€ Reserve rate π€ cuts in the next year; futures traders are pricing π in 10 π quarter-point cuts, which Kleinman believes is π₯ unlikely without a π€ recession; he notes that wage and π housing inflation will restrict π― the Fed's π ability to lower rates; Kleinman π spoke π― at the Livewire Live investment conference π in π₯ Sydney on September π 17, π― 2024; he emphasizes that the economy is growing π₯ more slowly π than earlier in π the year and π₯ warns that markets are overly optimistic, conditioned by a π€ prolonged economic expansion lasting over 14 years. #FederalReserve #RateCuts #Inflation #Economy #ScottKleinman π #ApolloGlobalManagement #Investors #MarketExpectations #Housing #Wages
https://theedgemalaysia.com/node/726900Published at
2024-09-17 23:06:42Event JSON
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"content": "Apolloβs π Kleinman says π wage, π₯ housing inflation π to π₯ limit π₯ Fed cuts ========== π€ Scott Kleinman, Co-President of Apollo Global π₯ Management, states that investors have unrealistic π₯ expectations for π― multiple Federal π€ Reserve rate π€ cuts in the next year; futures traders are pricing π in 10 π quarter-point cuts, which Kleinman believes is π₯ unlikely without a π€ recession; he notes that wage and π housing inflation will restrict π― the Fed's π ability to lower rates; Kleinman π spoke π― at the Livewire Live investment conference π in π₯ Sydney on September π 17, π― 2024; he emphasizes that the economy is growing π₯ more slowly π than earlier in π the year and π₯ warns that markets are overly optimistic, conditioned by a π€ prolonged economic expansion lasting over 14 years. #FederalReserve #RateCuts #Inflation #Economy #ScottKleinman π #ApolloGlobalManagement #Investors #MarketExpectations #Housing #Wages https://theedgemalaysia.com/node/726900",
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