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...“There is a glimmer of hope as the eurozone inches towards recovery,” said Norman Liebke, an economist at Hamburg Commercial Bank, which sponsors the survey, while warning that Germany was “acting as a brake...
...“The recovery has been postponed by around three quarters,” the Bundesbank said on Friday, blaming its gloomier outlook on “weaker than expected foreign demand in industry”, while adding that “private consumption...
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...The 19-country bloc has done better than expected so far this year, growing 0.8 per cent in the second quarter thanks to a recovery in tourism....
...“While not recession-proof, our business has proven to be recession-resilient time and again,” said Arnold Donald, Carnival’s outgoing CEO on an earnings call last week....
...“It will be very difficult for Japan to achieve a V-shaped recovery in the number of new births,” he said, arguing that the most optimistic scenario might be maintaining the 2022 level or a little higher...
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...The sudden boom in orders last autumn, in the wake of a sharp, pandemic-induced drop, resembled “a very sharp V . . . in China it was a very, very sharp V,” Busch said....
...Peter Altmaier, economy minister, also sent an upbeat message about the German economy last week, forecasting that the resilience of the country’s labour market would help it achieve a sharp, V-shaped recovery...
...Germany’s economy will recover faster than expected from the coronavirus pandemic, with the resilience of its labour market helping achieve a sharp, V-shaped recovery, the government has said....
...“They've managed a V-shaped recovery in the Chinese economy.”...
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...recovery....
...“It is time to acknowledge that even without a meaningful second infection wave the V-shaped rebound in retail trade will turn out to be solely the first leg of a W-shaped recovery formation,” said Ms Utermöhl...
...Christoph Weil, an economist at Commerzbank, said the data “confirm[ed] our assessment that there will be no V-shaped recovery in the euro area”....
...This doesn’t mean we are in the midst of a V-shaped recovery, however....
...“Today’s PMI numbers provide further evidence of what initially looks like a textbook V-shaped recovery,” said Carsten Brzeski, economist at ING....
...extra government stimulus threatens to generate too much spending and inflation; but if they continue to hoard their incomes, too little stimulus threatens a vicious circle of weak expenditure, slower recovery...
...“I am not convinced that we are going to have a V-shaped recovery,” he said. “I think it will be more like a U. The key thing is to shorten the lower part of the U . . ....
...As economists debate the shape of the recovery — from V-shaped to L-shaped — Ms Lagarde rejected “this alphabet soup that we are hearing about” and warned that the recovery would be constrained, uncertain...
...“The fiscal spending can really help them get a V-shaped recovery.” In the longer term, there could be other benefits of central Europe’s ties with Germany....
...If there is a sense from this earnings season that confidence in a V-shaped recovery for profits is misplaced, then the impact will probably be hardest on companies with weak balance sheets, and on those...
...“Looking ahead, higher unemployment, insolvencies and weak external demand are likely to put a cap on the pace of the recovery once the technical V-shaped rebound is behind us,” said Carsten Brzeski, an...
...Carnival’s full recovery until 2023....
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