Ariel’s Hobson Says the Economic Recovery Will Advance Despite Inflation

WATCH: Ariel Investments President & Co-CEO and Starbucks Chair Mellody Hobson talks about why the firm is so bullish on value stocks.Source: Bloomberg
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The economic recovery is likely to advance even as inflation remains a challenge, according to Ariel Investments Co-Chief Executive Officer Mellody Hobson.

“I’m actually optimistic about the U.S. economy and globally,” Hobson, 52, said in an interview for “The David Rubenstein Show: Peer-to-Peer Conversations.” “The recovery has been stronger than people have expected, and I think that will continue.”