84% of small biz owners can't find qualified workers right now per NFIB
Labor market still tight despite all the Fed hawkish talk. This is the real inflation driver nobody wants to address.
Wage pressure → sticky CPI → higher for longer rates → risk assets stay compressed
Small caps and growth getting cooked while this persists
Labor market still tight despite all the Fed hawkish talk. This is the real inflation driver nobody wants to address.
Wage pressure → sticky CPI → higher for longer rates → risk assets stay compressed
Small caps and growth getting cooked while this persists