Apollo’s Slok Warns of Dollar’s Vulnerability to an AI Pullback
Bloomberg 2026-07-13 15:21:45
Context: The US dollar's recent gains may be short-lived, according to Torsten Slok of Apollo Global Management Inc., if the current selloff in artificial intelligence stocks continues to worsen. This warning comes as the dollar's value has been rising, but Slok sees a potential vulnerability. The concern is tied to the performance of AI-related stocks.
Key Facts
- The dollar's recent gains are at risk due to a potential deepening of the selloff in artificial intelligence stocks, as warned by Torsten Slok, a representative of Apollo Global Management Inc.
- Torsten Slok is associated with Apollo Global Management Inc., a firm that appears to have a perspective on the intersection of technology and financial markets.
- The warning about the dollar's vulnerability is specifically tied to the performance of artificial intelligence stocks, which have been experiencing a selloff.