Apollo's Torsten Slok: A Fed rate hike is still 'extremely unlikely'

Fallout from the war in Iran are pushing higher the odds for a rate hike. Those odds now a 42% probability of a hike as soon as October compared to yesterday's odds of just 19%. Oresquez says what ultimately matters to the economy is how long the shock to the economy will last.Joining us now is Torson Sllock. He's chief economist at Apollo Global Management. Good to see you Torson.>> Thanks Michael. >> This seems to be the issue, right. I mean, are we just going to have to uh kind of absorb a quick shock or ...