Real Estate

Blackstone's Schwarzman Sees 'big V' Economic Rebound In Next Few Months

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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. The co-founder of the world’s biggest alternative asset management firm weighed in on markets in an interview Monday during the Bloomberg Invest Global 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.

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