Apollo's Chief Economist, Torsten Slok, Estimates a 90 Percent Odds of Recession

Economics Matters with Laurence Kotlikoff · Apr 25, 2025 · 1h 51m

The markets are going nuts for a good reason. The Administration is taking, at random, three steps backwards and 1 step forward on a wide range of issues. These include effectively eliminating trade with China, threatening the independence of the Fed, attacking our nation's comparative advantages in education, scientific achievement, training foreign students, and providing tourists a warm welcome to our country.

Now our chosen one is in the process of turning back the best and the brightest, attempting to deport hundreds of thousands of immigrants, denying habeas corpus, knifing Ukraine and…