Apollo Academy members are split on the outlook for the US economy in the next three quarters regarding the potential for a soft or a hard landing. But a combined majority believes that inflation will remain above the Fed’s 2.0% target through 2024, while a large majority predicts that interest rates—as measured by the 10-year Treasury yield—will be between 3.0% and 4.0% at the end of next year.
The results reflect the answers to three poll questions presented to Apollo Academy members participating in my live class on the mid-year outlook for the economy and capital markets on June 28, 2023. The accompanying charts below provide details.
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Source: Apollo Academy. Chart shows results of a poll taken during a live Apollo Academy class with Chief Economist Torsten Sløk on the outlook for the US economy and capital markets on June 28, 2023. Poll results reflect the votes of 433 participants.Source: Apollo Academy. Chart shows results of a poll taken during a live Apollo Academy class with Chief Economist Torsten Sløk on the outlook for the US economy and capital markets on June 28, 2023. Poll results reflect the votes of 476 participants.Source: Apollo Academy. Chart shows results of a poll taken during a live Apollo Academy class with Chief Economist Torsten Sløk on the outlook for the US economy and capital markets on June 28, 2023. Poll results reflect the votes of 482 participants.
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