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US Small Businesses Face Big Problems
Last week, markets were treated to the worst read on NFIB small business optimism since April of 202
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M-Man, nice post. In perusing some data over the weekend I saw that credit card debt jumped from around $43B to $58B which tells me the consumers are tapping credit to negate inflation costs. That strategy will not end well.
watching the data on ‘bad’ consumer credit will be the complimentary indicator … lagging but confirming that ‘not well end’, right? (rhetorical) – how to capture a trend, rather than isolated data points, will be challenging it seems