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

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