Schwarzman Sees Virus Pandemic Causing $5 Trillion Hit to U.S. Economy

Apr.07 — Blackstone Group Inc. Chairman and Chief Executive Officer Stephen Schwarzman says the coronavirus pandemic will cause a huge disruption to the U.S. economy but it will be temporary because of the federal government’s recent stimulus efforts. He speaks during an interview with Bloomberg’s Alix Steel on “Bloomberg Daybreak: Americas.”


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