Torsten Slok of Apollo Global Management predicts that the Nonfarm Payrolls report for May could significantly exceed the expected figure of around 90,000 jobs.

Torsten Slok of Apollo Global Management asserts there is zero evidence of job losses occurring because of AI.

Hyperscalers are spending approximately $700 billion on the buildout for the AI boom, contributing to initial inflation.

In many European countries, bankruptcy laws do not provide a "second chance" or a clean slate for entrepreneurs, unlike in the US, which stifles economic dynamism.

Research by Nicholas Bloom at Stanford University has shown that people working from home increases productivity.

Torsten Slok of Apollo Global Management forecasts that US real GDP growth will be between 2% and 2.5% over the next 12 months.

Europe is falling behind in AI due to inflexible labor markets, which increases the cost of hiring and firing and reduces risk-taking, and less developed financial markets with limited access to ventu...

Torsten Slok of Apollo Global Management identifies the risk of higher oil prices, potentially caused by issues in the Strait of Hormuz, as the number one risk to the economic outlook.

Torsten Slok of Apollo Global Management asserts that the AI boom is initially inflationary due to significant spending on data center and energy buildouts.

Torsten Slok of Apollo Global Management identifies three major tailwinds for US economic growth: the AI boom, the "One Big Beautiful Bill," and an "Industrial Renaissance" of reshoring manufacturing.

The primary drivers of US economic growth are not sensitive to interest rates, unlike the housing and auto sectors.

Torsten Slok of Apollo Global Management believes the initial phase of the AI spending boom will be inflationary and is unlikely to produce significant immediate productivity gains.

Torsten Slok of Apollo Global Management predicts that US nominal GDP will grow at approximately 5% over the next 12 months.

Torsten Slok of Apollo Global Management states that Europe is not experiencing the same economic tailwinds as the US, specifically the AI boom, the "one big beautiful bill," and the industrial renais...

Torsten Slok of Apollo Global Management predicts that both headline and core inflation in the US will remain above 3% for at least the next 12 months.

The unemployment rate for people aged 20 to 24 has decreased over the last six months.

According to Census Bureau data, the number of new businesses created each week is increasing dramatically.

Data from Stripe indicates that the number of solo founders starting new businesses is rising sharply.

ADP's weekly jobs report has shown gains of 30,000 to 40,000 jobs every week for the last eight weeks.

The initial buildout phase of AI infrastructure is expected to be inflationary due to rising costs for semiconductors, energy, data center construction labor, and equipment.