Apollo’s Zelter Sees Pockets of Stress Amid Resilient US Economy
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Apollo Global Management Inc. CEO, Marc Zelter, sees pockets of stress among corporate borrowers in the US economy despite its overall strength. Zelter mentioned that some companies still have a poor business plan, excessive debt, or have not fully recovered from the impact of Covid-19. He made these comments in an interview on Bloomberg Television.
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https://www.bloomberg.com/news/articles/2024-02-13/apollo-s-zelter-sees-pockets-of-stress-amid-resilient-us-economy