Small Business Owner Optimism

Small Business Owner Recession Concerns Subside

Small business owner optimism continues to hold steady despite concerning and growing global economic negative indicators. However, the delay in turmoil is likely linked to delayed trade tariffs and short-term interest rate cuts. Two surveys revealed the uptick in October. The NFIB Optimism Index increased 60 bps (basis points) in October. Furthermore, the Wells Fargo/Gallup…

Main Street Recession Talk

Main Street Recession Talk Spooks Wall St & Scares Small Biz

Main Street recession talk is disrupting small business plans and bubbling Downtown to Wall Street. Another short-term interest rate today cut (second time this year), a massive overnight funding market shortage for two-consecutive days (first time in more than a decade), inverted yield curve for first time in 13 years, trade tariff/consumer taxes set to…