..an expanded version of earlier post.
Small-business delinquency rate climbed to a 3-year high. 43% of small businesses could not pay their rent in April, the highest delinquency rate since 2021. Small businesses employ 46% of the United States and contribute over 40% of US GDP.
As I have said for the last 2 years, we are not in a real bull market until small caps can hold an uptrend.
https://x.com/kurtsaltrichter/status/1784957941482746075
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