Top Economist Challenges Wall Street Consensus: U.S. Economy Accelerating Despite Job Losses, Government Shutdown
Top Economist Challenges Wall Street Consensus: U.S. Economy Accelerating Despite Job Losses, Government Shutdown The U.S. economy is not merely resilient; it’s accelerating, a top Wall Street voice declared, directly challenging widespread pessimism among economists. Torsten Sløk, chief economist at Apollo Global Management, issued a blunt assessment on Wednesday, asserting that forecasts of an imminent slowdown have been consistently wrong, prompting a call for the economics profession to re-evaluate its track record. Sløk’s remarks, circulated to clients, highlighted that the…