Insights into Credit Trends and Federal Reserve Influence| James Zelter, Co-president, Apollo Global Management. 00:10:00
James Zelter analyzes the current economic landscape, highlighting the Federal Reserve's role in maintaining higher rates and its impact on credit markets. Amidst debates over soft versus hard landings, Zelter points out the nuanced effects on different sectors like goods and services. Emphasizing the resilience of the U.S. banking system, he discusses the potential for varied economic outcomes and the necessity for a flexible approach in navigating market conditions.
