Torsten Slok

AI-driven inflation risks stem from the massive capital expenditures required for data centers and energy infrastructure, potentially offsetting the technology's productivity gains.

Wealth inequality dynamics have created a dual-track economy where the top 10% of households remain insulated from high interest rates, sustaining aggregate consumer spending.

Geopolitical tail risks involving Iran pose a direct threat to energy prices and supply chains, potentially undermining traditional portfolio diversification strategies.