A former stagflation doomsayer explains why he changed his mind and no longer expects a recession

ANGELA WEISS / AFP via Getty Images

• Torsten Sløk, one of Wall Street's biggest bears last year, is brushing off the risk of stagflation.
• The Apollo chief economist said he now sees the economy running hot in 2026.
• His updated outlook stems from a handful of tailwinds that should boost growth this year, he said.

An economist who spent much of 2025 warning of a worst-case scenario for the US economy is sounding a bit more upbeat as 2026 kicks off.

Torsten Sløk...