Schwarzman Sees ‘Big V’ Economic Rebound in Next Few Months
- Getting back to 2019 level will take ‘quite a while,’ he says
- China’s rapid growth to continue, according to Blackstone CEO
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Steve Schwarzman, chief executive officer of Blackstone Group Inc., said the economy is likely to benefit from a V-type recovery in the next few months.
“You’ll see a big V in terms of the economy going up for the next few months because it’s been closed,” Schwarzman, co-founder of the world’s biggest alternative asset management firm, said Monday in an interview during the Bloomberg Invest Global virtual event.