Dollar Faces Downside Risks If AI Sell-Off Intensifies, Apollo Economist Warns
2026-07-13 23:32

Woofun AI reports that Torsten Slok, Chief Economist at Apollo Global Management, identified significant downside risks for the US dollar contingent on an intensifying sell-off in AI concept stocks. Slok noted that international investors have driven record net inflows into the U.S. stock market over the past 12 months by positioning heavily in AI themes, yet most have not hedged against foreign exchange risks. A disappointment in AI performance could trigger a decline in these capital inflows, thereby pressuring the dollar.

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Jinshi
Torsten Slok
Apollo Global Management
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