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Market ‘Too Optimistic’ on Fed Cuts, Says Apollo’s Kleinman
Posted
December 5, 2023
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2:06Now PlayingScott Kleinman, co-president at Apollo Management, says he would “personally bet against” interest rate cuts from the Federal Reserve next year and discusses the global deal environment, the firm’s outlook for 2024, and expectations for a “pretty sizeable correction” for the real estate market in general over the course of several years. He speaks with Francine Lacqua on the sidelines of the COP28 summit in Dubai.
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