“Small business owners’ pessimism about the U.S. economy seems to be rising with temperature. For the second month in a row, the Small Business Optimism Index declined, according to a monthly survey by the National Federation of Independent Business.
“Optimism fell off last year at the same time, but not like this,” said William Dunkelberg, chief economist for the NFIB. The index was down three points in June, after a one-tenth of a point decline in May.”
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and yet the mkt is up… for now.