Sven Henrich: The economy is not the stock market. Central banks are the stock market.

 

Small Businesses “Losing Confidence In The Economy” On Record Labor Shortages, Soaring Inflation

Small business owners grew less confident in the economic recovery in July amid labor shortages that hit a fresh, 48-year record high, according to the latest NFIB survey released on Tuesday. The NFIB Small Business Optimism Index decreased in July to 99.7, a drop of 2.8 points, reversing June’s 2.9-point gain.

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