Altimeter CEO Sees Heightened Risk of Economic Slowdown Due to Aggressive Fed Rate Hikes
- Altimeter CEO Brad Gerstner discussed the economy at CNBC's Delivering Alpha conference
- He believes the Fed overshot with interest rate hikes
- Probability of a meaningful economic slowdown in 2024 has increased
- Investing during current rate cycle has higher risk
- Gerstner spoke about strategies for investing amid economic uncertainty