What difference, for the worst in this case, a month can make.
When Blackstone’s chief executive Stephen Schwarzman told The Australian Financial Review Business Summit in March that there was a zero per cent chance of a US recession, it wasn’t all bravado. His bullish forecast was based on the world’s largest private equity firm’s quarterly survey of leaders across its 250 portfolio companies.
Loading...
The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
