Hints and tips:
...The Fed ran one scenario with a V-shaped economic recovery, which is essentially the same as the crash scenario in the regular stress tests, as well as a prolonged “U-shaped” recovery and a double dip “W-shaped...
...But if the veteran banker was guilty of over-optimism when predicting the fortunes of Barclays five years ago, he is striking a cautious note now. “I don’t think it’s a V-recovery,” he says....
...But, on a year-on-year basis, their forecast for US growth shows -11% in Q2, -8% in Q3, and -5% in Q4, which clearly qualifies as U-shaped....
...FTC v Staples....
International Edition