Hints and tips:
...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.”...
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...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...
...“Markets are pricing a V [shaped recovery], everyone’s coming back to work, and this is going to be fine,” Mr Falco said. “I don’t think it’s going to be that easy quite frankly.”...
...And now a fifth expect a “V-shaped” economic recovery, up from a 10th in the previous month....
...SoftBank founder predicts WeWork V for Victory Masayoshi Son admitted today he had turned a “blind eye” to governance lapses at WeWork but promised a “sharp V-shaped recovery” for the shared offices provider...
...We think Airbus would be best-positioned to benefit from a V-shaped recovery in 2021....
...Last year was exceptional for Europe Inc in terms of growth, profitability and business expectations....
...(FastFT) Despite the UK’s economic recovery, productivity growth is “still abysmal”, real wages are running below the rate of inflation, and gross domestic product per head is unlikely to return to pre-crisis...
...The strongest hiring plans were in northwest and eastern England....
...northwest, was a fine example....
...US financials lost 0.7 per cent in early trade with investors cautious ahead of results. Bank of America slid 1.4 per cent to $11.47 while JPMorgan was 0.6 per cent lower at $45.88....
...The DoJ’s language suggested that it not only opposed the US-AMR deal but had doubts about whether other recent airline mergers – including those of United and Continental in 2010 and Delta and Northwest...
...“Even though this swift exodus may soon be followed by a ‘V’ shaped recovery, should a resolution be forthcoming, a lot of technical damage has already been done,” he added....
...in the US....
...The UK’s six largest banks are already working on their second or third drafts of their “recovery and resolution plans”, also known as living wills, and the Financial Services Authority recently issued draft...
...This was expected but it’s still a potentially damaging blow to Bank of America, Wells Fargo, JP Morgan Chase, Citi, and GMAC, and to a housing recovery that is yet to even begin....
...The real economy of goods and services is getting closer to the light, but the government and central banks remain stuck in darkness....
...Asia’s V-shaped recovery from the global financial crisis has triggered a boom among budget airlines in the region as carriers position to meet forecasts for rising traffic....
...“Most investors have abandoned hope for a clean V-shaped recovery and are now extremely data-point sensitive,” said Lawrence Creatura, vice-president and portfolio manager at Federated Clover Investment...
...“There is still too much capacity in the US market,” he said....
...In the meantime, Jim Grant is telling us all to keep an open mind… From Bear to Bull in the Wall Street Journal: As if they really knew, leading economists predict that recovery from our Great Recession...
...A plethora of economic indicators – leading and lagging – gave investors cause to question the V-shaped recovery being priced into credit spreads....
...The shape of the current recession has been described in many ways – a double-dipping W with more pain to come or a V-style recovery, with the rise as steep as the fall....
...In effect, the financial sector – or parts of it – is seeing a V-shaped rebound, but the economy as a whole is facing a more protracted U-shaped recovery, or worse, some economists believe, the possibility...
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