The latest NFIB small business data blew past expectations on Tuesday, signaling a powerful surge in optimism just days before the Trump administration takes office.
In this clip from The Macro Show, Hedgeye CEO Keith McCullough breaks down the report, with “forward outlook expectations” hitting their highest levels since 1983.
“Prior to this morning’s number, small businesses were in a bloody depression. These numbers were lower than 2008,” McCullough says.
“In context, the U.S. economy is ripping, in expectations terms.”
* * * * *
If you’re interested in enhancing your investing game, we encourage you to look into becoming a Hedgeye subscriber! “The Macro Show” is a great place to start. Click here to subscribe.
