Charles W. Scharf

Restarting the Economic Engine

Erik Schatzker, Todd Boehly, Charles W. Scharf, Kerry Healey, David Hunt, Charlie Scharf

Experts David Hunt, Charlie Scharf, Kerry Healy, and Todd Boley forecast a two-year economic recovery marked by persistent unemployment and deep disparities, warning that minority-owned businesses face structural exclusion due to inadequate capital access. The panel emphasized shifting from broad government shutdowns to targeted behavioral compliance and digital infrastructure to balance public health with financial stability, while urging a second wave of fiscal aid for vulnerable sectors. Furthermore, participants called for private credit expansion, antitrust reform, and state-level experimentation to build system resilience, noting that current high-yield markets require specific interventions to prevent a prolonged downturn.