Gavekal Capital: Small Businesses Still Not Feeling Optmistic

Tuesday, February 11, 2014

Small Businesses Still Not Feeling Optmistic

While many business surveys are rebound back to pre-2007 levels, one that is still mired in pessimism is the NFIB Small Business Survey. Small Business continue to feel much more depressed than in almost any time prior to 2007 as the index has not been able to overcome the 95 level in over 6 years. One encouraging sign, however, is that the Job Openings sub-component is at it's highest level since January 2008.

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