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The Economic Impact of the Racial Wealth Gap, Racial Bias in Small Business Lending and Racial Bias in Investment Management

Suddenly, it looks like Black people have a lot of friends....several articles have just been published that may point to a revision in management's attitudes about how racial bias has affected Black People:

Racial divide exposed in lending to the smallest of small businesses 
Sole proprietors who are African-American or Hispanic are less likely than their white counterparts to have their funding needs met and are more likely to be discouraged from applying for credit, according to a new report by the Federal Reserve Bank of New York.
https://www.americanbanker.com/news/racial-divide-exposed-in-lending-to-the-smallest-of-small-businesses

Study Reveals (Asset) Allocator Bias Against Black Fund Managers:
When evaluating top-performing managers, institutional investors favored teams led by white men, according to new research from Illumen Capital and Stanford SPARQ.
https://www.institutionalinvestor.com/article/b1gpxh3rph9y69/Study-Reveals-Allocator-Bias-Against-Black-Fund-Managers

The economic impact of closing the racial wealth gap
The persistent racial wealth gap in the United States is a burden on black Americans as well as the overall economy. New research quantifies the impact of closing the gap and identifies key sources of this socioeconomic inequity.
https://www.mckinsey.com/industries/public-sector/our-insights/the-economic-impact-of-closing-the-racial-wealth-gap

That's a lot of progress in a very short time. We, however, are cautiously optimistic.

This may simply be the calm before the storm. 

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