Wednesday 24 June 2020

Blackstone’s Stephen Schwarzman forecasts “big V” recovery

Will the economy’s recovery from the pandemic resemble a U, V or W-shape? Blackstone Group CEO Stephen Schwarzman is firmly in the V camp, according to his statements at Bloomberg Invest Global’s virtual event. “You’ll see a big V in terms of the economy going up for the next few months because it’s been closed,” he said, though he noted that the upward climb would take “quite a while” before it matched 2019 levels. His



source https://therealdeal.com/2020/06/24/blackstones-stephen-schwarzman-forecasts-big-v-recovery/

No comments:

Post a Comment