Producer: How’s it going?

Joe Davis: Hi everyone. It’s going well. We’ll see how well I do on the short and sweet (laugh).

Question (on-screen): How should investors respond to inflation?

Joe Davis: Inflation is the biggest question I get today. It shouldn't be a problem, or it won't be a problem if policymakers keep it under control. I think for long-term investors, the appropriate response is really staying the course. Over long periods of time, stocks and even high-quality bond investments have returns higher or in excess of inflation. And so that’s the really key point to keep in mind in today’s environment.