[Apollo CEO Warns of Market Adjustment, Probability of External Shocks Between 30% and 35%] Golden Finance reported on May 7 that Apollo Global Management CEO Marc Rowan warned investors on Wednesday that he is preparing the company to face a potential market downturn and harshly criticized what he described as the "poor" behavior of some competitor insurance companies. The current stable economic environment masks what he referred to as the increasing risk of "sudden" shocks. Rowan stated, 'Everything we see in front of us is actually quite strong. But in our view, the likelihood of outcomes deviating from the norm is much higher.' He made these remarks as U.S. stock markets approached historic highs, amplifying concerns expressed by financial executives, including JPMorgan CEO Jamie Dimon. Rowan indicated that he believes the probability of external shocks occurring is between 30% and 35%, a level far higher than typical risk levels. Multiple factors could contribute to market instability, including a 'comprehensive geopolitical reset,' policies restricting labor and trade that could trigger inflation, and the wave of artificial intelligence that is massively reshaping employment and economic growth. (Dongxin News Agency)