Draining the Lifeblood of the Economy: The Small Business Sector


By: Jeffrey Roach, PhDChief Economist & Jeffrey Buchbinder, CFAChief Equity Strategist

Investors use various analogies to describe the importance of small businesses in the domestic economy. Some refer to the small business sector as the backbone or the lifeblood of the economy.  At this current stage of the cycle, we could say there are rising risks of an acute backache or a draining of that lifeblood. In this edition of the Weekly Market Commentary, we discuss the weakness in small businesses and what that foreshadows in the markets and the economy.

Read the full commentary here: weekly-market-commentary-04.24.2023


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