This is great news for Small Businesses, a plethora of national
and corporate data was released last week pushing equity and fixed income
markets to near all time highs which in turn increases the total net worth
of people who own these assets, and these people tend to spend more
Corporate earnings for the second quarter were released last week for some S&P500 companies which outperformed most estimates driving investors to reach for growth in stock markets. Fixed income markets were supported by extremely low benchmark interest rates around the globe forcing international investors to purchase yield and solid growth in the USA.
We're forecasting Real GDP growth to be more then 2% in 2017, we are seeing signs of progress in policy assessment for future guidance as the political cycle moves forward which allows large corporations to make plans to deploy money in to the real economy on purchasing equipment and land as capital expenditures which in turn should benefit small business who are the suppliers and vendors.
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