Market risks in 2024: What investors need to watch with AI, the Fed, credit, commercial real estate
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Torsten Slok, Apollo Global Management Chief Economist spoke to Yahoo Finance anchors Julie Hyman and Josh Lipton to discuss potential risks to markets in 2024 that investors should be aware of. With many economic headwinds to weather in 2024, questions arise around the status of consumer spending going forward. Slok explains that consumers are beginning to run out of excess savings which is leading to decreased spending, plus the combination of mortgage rates and resuming of student loans which could be a significant blow to consumer spending. “At the same time, because of the Fed deciding to turn more dovish and the market interpreting that in a more dovish way, […]