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...On a conference call with analysts in January, Gray said Breit had “weathered the storm” in real estate markets, but he warned that Blackstone did not expect to see a “V-sharped recovery” in property values...
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...products and services....
...Recovery to pre-pandemic earnings will come in time. Signature has a decent business model underpinned by growing numbers of wealthy folks seeking private flights....
...Europe has maintained public service jobs....
...The recovery should not be overstated. Given that lockdowns are often lifted only to be imposed again, the longed-for V-shape was never likely to materialise....
...It was exposed recently by problems with even the government’s relatively modest Green Homes Grant scheme....
...It may be V-shaped for some, U-shaped for others and the most unlucky will never fully bounce back....
...Suren Thiru, head of economics at the British Chambers of Commerce, said that “any prospect of a ‘V-shaped’ recovery remains unlikely, with many sectors continuing to operate at reduced capacity”....
...The supply of more modest goods and services that can be bought with the cash made available by central banks and government grants is also in short supply....
...recovery is no longer in the cards....
...According to Fiona Czerniawska, co-founder of Source Global Research, which advises the professional services industry, the sudden fall in deals is not the prelude to a V-shaped recovery, where the economy...
...With the slowest profit recovery in Business Services, we initiate at Underweight....
...You probably heard Andy Haldane just last week talking about a V-shaped recovery and that surprised many. Generally, you have been more restrained. Are you changing your mind at all?...
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...We do not assume a V-shaped recovery in revenues and think hopes for directed fiscal stimulus on construction spending may be misplaced as funds (at present) seem directed to individuals / SMEs / healthcare...
...Sartoria on Savile Row does elegant flavours in what looks like a cosmetic surgeon’s recovery room....
...In the UK, the Sackler name appears on an array of cultural landmarks, including a gallery at the Serpentine, a courtyard at the V&A, an education centre at the Dulwich Picture Gallery, an escalator at Tate...
...Among buildings that have been completed are two 28-storey towers housing about 8,000 employees of various companies, including Tata Consultancy Services and Oracle....
...“Oil price recovery or a strong asset sales programme looks paramount,” said Alastair Syme at Citigroup....
...This will help save around £600m on the Education Services Grant....
...Broadcasters are, however, riding a recovery in advertising sales....
...Additional reporting by Jeremy Grant in Singapore...
...But unless you see evidence of sustained recovery, it will wait.”...
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