FOUND: Torsten slok | Mind Blowing Facts

AI Has Delivered 'Zero Payoff' Outside Big Tech, Economist Warns Bubble Could Trigger Market Crash

Apollo economist Torsten Slok says most S&P 500 companies have yet to see clear AI-driven gains, as the IMF warns that falling valuations could spread losses across global markets.

International Business Times UK · Oct 27

AI’s boost to the U.S. economy is nearing its peak, Goldman says, as Apollo finds ‘zero financial payoff’ outside Big Tech

Apollo’s Torsten Slok rocked Wall Street with his take that AI returns just aren't there, then Goldman’s Jan Hatzius flagged two major downsides to growth.

Fortune · Oct 26

Wall Street Is Preparing For An AI Catastrophe. Major Banks Discussing How to Deal With The Day After.

Financial institutions are developing contingency measures to restore services, secure customer accounts and maintain operations following a potential large-scale cyberattack.

International Business Times · Oct 26

Economist Warns AI Could Trigger a Bank Run as Agents Optimise Returns on Cash

AI agents could automate rate shopping and move household cash between accounts, challenging the low-cost deposits banks rely on to fund loans

International Business Times UK · Sep 28

The $40 trillion U.S. national debt is smaller than Japan's relative to its economy—but economist warns America is still 'the world's largest debtor'

“Japan’s debt dynamics are fundamentally different from those of the United States … Japan is the world’s largest creditor nation. The U.S. is the world’s largest debtor.”

Fortune · Sep 26

Goldman's top strategist just added hard numbers to his earnings-bubble warning

Peter Oppenheimer first flagged the risk that AI stocks were riding an unsustainable earnings boom this summer. He's done more math.

Fortune · Sep 17

The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing

“The technology that was supposed to shrink the industry is fueling its expansion,” said Apollo chief economist Torsten Slok.

Fortune · Aug 29

The $40 trillion national debt and the bond market's revolt: top Wall Street strategists explain how we got into this mess

David Kelly and Torsten Slok reached the same conclusion from opposite directions: with DC unwilling to touch the deficit, the bond market is the bad cop.

Fortune · Aug 26

Tariff refunds are juicing corporate profits and GDP, as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says

"The bottom line is that the US economy continues to be supported by a growing set of tailwinds."

Fortune · Aug 15

Lost jobs, inequality, rogue agents: why are we accepting oligarchs’ AI agenda?

The dangers of AI become clearer every day. Why are we still acting as if we have no choice about our future?

The Guardian - US · Aug 13