The Prof G Pod – Scott Galloway (3 mentions) features Torsten Slok in discussions, including assessing AI's impact on inflation and the perception of global risks.
Torsten Slok is a Chief Economist at Apollo Global Management, providing macroeconomic and market analysis for the financial industry. Known for challenging mainstream consensus, Torsten Slok offers data-driven insights. His previous roles include positions at Deutsche Bank, the OECD, and the IMF. He frequently appears on CNBC and Bloomberg.
The consensus view that AI will trigger immediate deflation overlooks a massive surge in US business formation. Instead of cutting jobs, new technology is fueling a decades-high entrepreneurial boom that could keep the labor market tighter for longer.
The U.S. has evolved from a vulnerable energy consumer to a dominant global exporter, creating a massive rift in how market shocks impact the West versus the East. While high oil prices and closed trade routes threaten Asian and European economies with total disaster, they now serve to bolster the earnings of the American energy sector.
Macroeconomist Torsten Slok reveals why the traditional 60/40 portfolio is a ticking time bomb in an era where AI has infiltrated every asset class. While the U.S. appears resilient to energy shocks, a K-shaped wealth divide and hidden tech concentrations are creating a market where diversification is merely an illusion. Learn why the next major investment theme isn't finding the next AI winner, but identifying the 'Non-AI' assets that will survive the inevitable valuation reset.