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Stock impact report

Trump's tariffs could trigger a 'voluntary trade reset recession' [Yahoo! Finance]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Yahoo! Finance
economy and the likelihood of a recession, noting that there is a 90% chance of a "voluntary trade reset recession." To watch more expert insights and analysis on the latest market action, check out more Market Domination here Editor's note: Apollo Global Management is the majority owner of Yahoo, Yahoo Finance's parent company. You say toward in in a note recently. You say there's now a 90% chance of what you call a VTRR. Explain what you mean by that, Torsten. Yes, so if we really back up and think about normally, the economy is constantly faced with all kinds of what you could describe as shocks. For example, it was a shock that COVID came along, that created a recession. It was a shock when Lehman Brothers went under, that was a recession. We also had a shock in the early 1990s, of course, with the commercial real estate crisis. And we had a shock in 2000 when the IT bubble popped. So what is the shock today? Well, the shock today really is a voluntary trade reset recessio Show less Read more
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