BlackRock’s Despirito Sees ‘Blowout’ U.S. GDP Rebound

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Apr.07 — Tony DeSpirito, chief investment officer of U.S. fundamental active equity at BlackRock, says the U.S. economic recovery will be “like something we haven’t seen in a generation” due to coordinated monetary and fiscal policy. “I think we’re going to see GDP numbers that are really blowout this year — and then that’s going to translate to earnings,” Despirito says on “Bloomberg The Open.”

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