US big-cap investors bullish, small businesses pessimistic amid rising inflation and poor sales.

And who can blame them with inflation accelerating? pic.twitter.com/YRIyJbfCt3

— Michael J. Kramer (@MichaelMOTTCM) April 9, 2024

US small-business optimism dropped to a more than 11-year low in March as sales expectations slumped and inflationary pressures remained a trouble spot, according to the National Federation of Independent Business.

The index of sentiment fell 0.9 point to 88.5, the lowest level since the end of 2012, the NFIB said Tuesday. It marked the seventh decline in the last eight months.

www.bloomberg.com/news/articles/2024-04-09/us-small-business-optimism-falls-to-a-more-than-11-year-low?utm_source=website&utm_medium=share&utm_campaign=twitter&leadSource=reddit_wall

NFIB poor sales ticks higher versus the u3 unemployment rate.. that is not good. pic.twitter.com/W4eXd3uex7

— Michael J. Kramer (@MichaelMOTTCM) April 9, 2024

Bank Credit Card Interest Rate pic.twitter.com/k72tRg0ihv

— Win Smart, CFA (@WinfieldSmart) April 9, 2024