Will the pandemic relief bill overheat the economy?Or will it give the U.S. economy its best chance to recover? David Lynch covers the forecasts of economists and Federal Reserve officials. Bond investors wonder what to expect of inflation in the short, medium and long term. Kathy Jones and Christina Shaffer of Schwab offer their analysis. Small business are about to get extra PPP help. Carmen Reinicke of CNBC explains what those with fewer than 20 employees need to know about the Paycheck Protection Program.
U.S. Economy May Have Its Best Chance In Years To Break From Era Of Subpar Growth — The United States could emerge from the current health crisis with its strongest growth in decades. There’s some debate on whether a fast-paced rebound will last and free the nation from its 20-year low-growth rut — or whether it will instead ignite the inflation we haven’t seen since the 1970s. Read more…
Inflation Expectations Are Up. Should Investors Worry? — As economic growth picks up, inflation expectations are rising. What can we expect in the short, medium, and long term? And how concerned should bond investors be? Schwab Senior VP Kathy Jones and Senior Research Analyst Christina Shaffer share their views on the situation. Read more…
The Smallest Businesses Are Getting Extra PPP Help. What To Know Before You Apply — The small businesses that have had the most trouble accessing forgivable loans from the Paycheck Protection Program will soon get extra help. The Biden administration on Monday announced changes for the pandemic aid program focused on helping small and minority-owned firms as well as sole proprietors. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller