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

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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.

See also  "Inflation is still too high. Further progress in bringing it down is not assured, and the path forward is uncertain," Fed Chair Powell said.

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

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