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Masters in Business

The US Economy and Trump Administration Policy with Apollo's Torsten Slok

Jan 30, 2025
In this conversation, Torsten Slok, Partner and Chief Economist at Apollo Global Management, shares his insights on the U.S. economy and its resilience post-pandemic. Slok discusses the implications of high hotel costs in New York as economic indicators and dives into the unique traits of the U.S. economy amid global challenges. He analyzes how Trump administration policies might affect inflation and business spending, while advocating for diversified investments in today's market. His expert background enriches the discussion on navigating economic uncertainty.
01:11:20

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Torsten Slok maintains a bullish outlook on the U.S. economy, attributing its resilience to low interest rate sensitivity and strong investments in AI.
  • The podcast highlights the importance of understanding private markets, noting that 80% of U.S. employment exists outside of the S&P 500 companies.

Deep dives

The Importance of AI in Business

A significant 89% of business leaders have identified artificial intelligence (AI) as a top priority for their organizations, highlighting the growing reliance on AI technologies across various sectors. Companies like Grammarly are being utilized by Fortune 500 teams to enhance productivity while ensuring data security amidst the proliferation of AI tools. This emphasis on responsible AI aligns with the need for businesses to avoid harmful biases in their operations. The importance of discerning useful AI solutions from mere hype becomes crucial as organizations navigate this rapidly evolving landscape.

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