With the economy starting to recover from the COVID-19 pandemic and investor concerns turning increasingly toward inflation, Dimensional Founder David Booth talked with Nobel laureate Eugene Fama about inflation and how investors should think about it in their portfolios. Excerpts from their conversation have been edited for clarity.
The second quarter’s economic surge encourages a full recovery to pre-pandemic GDP by the end of 2021. Additionally, the robust economic recovery belies difficulties in the labor market as jobs and unemployment both rise above expectations, and pent-up demand is driving inflation higher, which is certain to test the Fed’s rate targeting policy.
The nearly 6,000-page Bill passed with overwhelming bipartisan support and was signed by the President.
On August 11, when we last wrote about the Personal Paycheck Flexibility Act, the window for PPP loan forgiveness applications had just started to open. But, as we indicated at the …
The week of August 12 marked the first week that the Small Business Administration would be accepting applications for PPP loan forgiveness. But businesses are being advised not to jump …
As we enter May and the promise of summer, we are reminded that the current crisis will have a lasting impact on society and our economic well-being. Please consider that …
