Authored by Patrick Watson via MauldinEconomics.com,
Wishful thinking, as we all know, is the death knell for many investors. Getting carried away by emotion has rarely, if ever, been a recipe for accumulating vast riches.
It seems that a lot of people have missed that distinction between wishful thinking and reality lately—and I fear it’s going to hurt them badly.
Small Businesses Love Trump
The National Federation of Independent Business (NFIB) Research Foundation has been conducting surveys on small business economic trends since 1973. One of the primary indicators that the organization tracks is the Index of Small Business Optimism. This index gives investors and economy observes insights into the current state of small businesses. This is especially important in the U.S. as small businesses employee 90% of the workforce and account for close to 50% of nonfarm GDP.