This interview podcast features Barry Ritholtz interviewing Torsten Slok, Apollo Global Management's Chief Economist, about the current state of the US and global economies. The conversation begins with Slok's background and career progression, then delves into his surprisingly accurate economic predictions over the past few years, contrasting his views with the prevailing consensus. Slok attributes the US economy's strength to factors like reduced interest rate sensitivity, a data center boom, and fiscal policy. He also discusses the implications of potential Trump administration policies, including tariffs and immigration restrictions, on inflation and economic growth. A key takeaway is Slok's emphasis on the importance of understanding private markets, given their significant role in the overall economy, which he believes is often overlooked.
