Apollo's Top Economist Issues Grim Warning As AI Boom Risks a 'Painful Repricing' If Returns Don't Arrive Fast Enough
Apollo Global Management (NYSE: APO ) chief economist Torsten Sløk warned Tuesday that the stock market could face a painful repricing if returns from massive artificial intelligence investment fail to materialize as quickly as investors expect. Sløk said in a post that markets may be getting too optimistic about how f