NFIB DETAILS!
Our favorite survey out of the US economy was published earlier and it was a pretty decent report overall as the sentiment among SMEs improved, but there are a few trends worth noting in the details, so why don’t we briefly walk you through them here.

1) PRICE PLANS DROP!

For the first time in a long while, we see a clear net/net decrease in expectations for future price hikes. This is conciliatory news for Jay Powell and his ilk for H2-2024 (but not before then..)