Apollo's CEO: The United States will no longer be the "exceptionalism" example.
Apollo Global Management CEO Marco Rowan said in an interview that the United States is experiencing a decline in "super" exceptionalism, now being "just an ordinary exceptional country." He pointed out that the direction of the Trump administration on trade issues is correct, but its approach has created a high level of uncertainty, leading the economy to "stagnate." "The national brand image of America has been damaged," as government policies have resulted in too many unexpected outcomes. Rowan stated that the uncertainty in the economy will not be eliminated until a series of key agreements are reached with major trading partners. Rowan said there is a possibility of two consecutive quarters of negative economic growth in the United States.
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