Though we discussed persistent inflation trends last week, Neil Dutta at Renaissance Macro Research points out that other worries should be on investor radar as well. While the most recent NFIB Small Business Survey showed that inflation concerns have moderated sharply, “Poor Sales” has now become prominent as the “Single Most Important Problem”. Outside of the COVID period, a sustained rise in this metric has not been seen since the Global Financial Crisis.
August 19, 2025
Though we discussed persistent inflation trends last week, Neil Dutta at Renaissance Macro Research points out that other worries should be on investor radar as well. While the most recent NFIB Small Business Survey showed that inflation concerns have moderated sharply, “Poor Sales” has now become prominent as the “Single Most Important Problem”. Outside of the COVID period, a sustained rise in this metric has not been seen since the Global Financial Crisis.