A “store for rent” sign hangs in an empty storefront in Somerville, Massachusetts, September 1, 2022. A “store for rent” sign hangs in an empty storefront in Somerville, Massachusetts, September 1, 2022. Brian Snyder | Reuters Stocks have posted sizable gains to start the year, with the S&P 500 up 8%, on hopes that a soft landing for the economy is in the cards. On Wall Street, Goldman Sachs just lowered its recession odds. The 500,000-plus jobs added by employers last month helped improved that outlook. Meanwhile, the Federal Reserve signaled last week that the “disinflationary process has begun.” But the latest wave of optimism, ranging from unbridled retail investors to revision-mode CEOs and more guarded central bankers, has not reached Main Street, where fears of a recession and frustration with high inflation remain the norm. Nearly half of small business owners (47%) say the economy is in a recession already, with an almost equal percentage (48%) describing the economy as “poor.” That’s according to the CNBC|SurveyMonkey Small Business Survey for the first quarter of 2023. Notably, the data is virtually unchanged from Q4 even as sentiment about the economy and in the markets has improved. One reason given […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
