Below is a chart and excerpt from today's Early Look written by Hedgeye Director of Research Daryl Jones.
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In the Chart of the Day below, we highlight yesterday’s small business sentiment forward outlook, which came in at -54. This is the lowest reading on this survey going back to 1990. That's on the heels of Friday’s Michigan Consumer Sentiment survey, which came in at +50.2 and was literally the lowest reading in more than 42 years of this data. |
