US Economy Facing Risks of Recession and Stagflation Warns Apollo’s Zelter

In a recent statement, Marc Rowan, CEO of Apollo Global Management, alongside his colleague, Jeremy Zelter, voiced significant concerns regarding the U.S. economy's trajectory. According to Zelter, the country's economic landscape is perilously close to the brink of recession and stagflation, a situation characterized by stagnant growth and high inflation. This warning comes amidst a backdrop of rising tariffs that could further exacerbate these economic challenges.

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