Haymaker Daily
On small businesses: capital, labor & uncertainty
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With the S&P pushing back near its all-time high, the U.S. stock market clearly is not pricing in a recession. Yet, small businesses are coping with intense headwinds.
The most severe might be the uncertainty caused by constantly changing trade policies that are bordering on the arbitrary. It's also important to realize tariffs are set to rise to the highest point in the last 80 years, despite that they apparently won't be as onerous as previously proposed