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Photographer: Amir Hamja/Bloomberg

Forget the Other Letters—The V Shaped Recovery Is Back

After a very long, dark year, things are looking up for the U.S. recovery.

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Recent weeks have seen an outpouring of optimism about the economic recovery, especially in the U.S. The International Monetary Fund has added its voice to the chorus, predicting developed economies could not only enjoy rapid growth in the coming years but see little or no permanent damage from the sudden collapse in 2020. But is that rebound going to be felt everywhere? Stephanie Flanders talks with Bloomberg Chief Economist Tom Orlik about what’s changed and his outlook for global growth.