Fed shouldn't cut rates next week, says Apollo Global's Torsten Slok

But our next guest says based on the data the Fed should not cut rates next week. Torson SLock is the chief economist over Apollo Global Management. Torston, thanks for being with us right now.Take us through the case as to why the Fed needs to hold steady. >> Well, if you look at the incoming data, for example, we had a lot of discussions here now about a month ago of course of Triricolor and First Brands and whether the credit cycle was about to get worse. But if you look at the actual numbers for default ...