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Torsten Slock of Apollo predicts that AI will drive productivity gains and create more jobs than it displaces.
Market expectations indicate the Federal Reserve is not anticipated to cut interest rates until December 2027, with a growing probability of a rate hike in early 2026.
The United States and Iran have engaged in fresh military strikes in the Persian Gulf, casting doubt on the existing fragile ceasefire.
Iran is currently unwilling to make the concessions on its nuclear program that the Trump administration is demanding.
The rate of new business creation in the United States is currently at the highest level in the country's history.
Torsten Slock argues that the large-scale capital expenditure on AI infrastructure, particularly data centers, is currently inflationary.
KKR's management fees in Q1 increased by 30% year-over-year.
KKR's Q1 was the second-highest quarter for fee-related earnings in the company's history.
KKR's Q1 was the third-largest quarter for adjusted net income in the company's history.
KKR predicts that individual investor allocation to alternative assets will grow to 4-5% or more over time.
KKR's private wealth business raised approximately $4 billion in new capital against $250 million in redemptions in Q1.
The United States and Iran have recently exchanged military strikes in the Persian Gulf, putting a fragile ceasefire in doubt.