Torsten Slok

Apollo Chief Economist Torsten Slok warned that agentic AI tools may automatically move household cash out of low-yield checking accounts and into higher-yield alternatives. The shift could pressure banks that depend on inexpensive deposits, while crypto payment infrastructure is already emerging as a potential rail for machine-driven finance.

Bitcoin and gold are attracting renewed attention as investors weigh the implications of a record U.S. debt burden and potential dollar debasement. BTC is trading just above $65,000 while ether’s relative strength is fueling talk of a broader altcoin rotation.