Apollo Management‘s chief economist, Torsten Sløk, expressed concerns about the possibility of a soft landing for the U.S. economy, a scenario he previously championed. He now sees it as the least likely outcome. What Happened: In a Bloomberg interview on Monday, Sløk stated that the chances of a soft landing for the U.S. economy are now less than 50%. This shift in perspective is due to ongoing economic data, including the easing of financial conditions, reported Business Insider. “I think there’s now a higher than 50% chance that we either have a hard landing or no landing. In other words, t…
