Small Business Optimism Stagnates (Even Before Higher Taxes)

Tyler Durden's picture


Via Lance Roberts of Street Talk Live,

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 01/09/2013 - 22:45 | 3139443 otto skorzeny
otto skorzeny's picture


Wed, 01/09/2013 - 22:46 | 3139453 NemoDeNovo
NemoDeNovo's picture

Whadaya mean "Stagnates" everyone I know is down right DEPRESSED about their small businesses.


Long Ammo

Wed, 01/09/2013 - 22:49 | 3139463 otto skorzeny
otto skorzeny's picture

the prices for ammo are getting crazy on places like armslist. can't wait to see the prices when(if?) the ammo sellers start restocking and selling.

Wed, 01/09/2013 - 22:58 | 3139492 A Lunatic
A Lunatic's picture

Well, my wife is fucking pissed because I maxed out the credit card in order to buy a shitload of Amway. Now I see that I was supposed to buy ammo with the money and I'm stuck with all of these cleaning supplies........

Wed, 01/09/2013 - 23:55 | 3139649 ZeroAvatar
ZeroAvatar's picture

(Sign on fence in front yard) "Due to the high price of ammunition, NO warning shots will be fired."

Wed, 01/09/2013 - 22:56 | 3139483 ACP
ACP's picture

That's exactly what the govt wants. During the American revolution, over 2/3 of residents of the 13 colonies were small business owners, that number has more than reversed. More people employed by large corporations and the govt itself makes them easier to control, and makes it easier to take away their livelyhood if they step out of line.

Wed, 01/09/2013 - 22:56 | 3139482 Honey Badger
Honey Badger's picture

The certainty of misery is better than the misery of uncertainty.

Thu, 01/10/2013 - 00:36 | 3139743 ball-and-chain
ball-and-chain's picture

Small business has been screwed for a long long time.

The Too-Bigs have literally taken over the world.

It's like a bad science-fiction novel.

Wed, 01/09/2013 - 22:46 | 3139454 icanhasbailout
icanhasbailout's picture

The official recession calls are bunk - government borrowing and spending are not direct inputs to any reasonable measurement of production.

Wed, 01/09/2013 - 22:57 | 3139487 Cognitive Dissonance
Cognitive Dissonance's picture

Nothing several Trillion more dollars of Federal Reserve fiat shoe horned into the Too Big To Fail banks won't solve.


Wed, 01/09/2013 - 23:04 | 3139507 Jack Burton
Jack Burton's picture

Liquidity injections will boost confidence. More ZIRP flowing to the bankers will juice the markets and juiced markets produce wealth effect, wealth effect boost confidence and consumers spend. This consumer spending boost the bottom line for small business. So the Federal reserve is running the right policy to boost the economy and spread the wealth.

Employment will jump, incomes will rise and another round of growth will follow. All that is needed is more money printing and liquidity flow to the finaical serivces sector and big trading concerns.


Wed, 01/09/2013 - 23:11 | 3139536 Joe moneybags
Joe moneybags's picture

So small business owners are fretting over "uncertainty". What's uncertain for them?

Well, I'll give them certainty:

1.  More regulation

2.  More health care taxes

3.  Fewer customers

4.  More inspection and IRS scrutiny

5.  Higher commodity prices

What are they uncertain about?

Wed, 01/09/2013 - 23:15 | 3139554 tooriskytoinvest
tooriskytoinvest's picture

Doug Kass & Byron Wien: Stocks Will Hit Their High For The Year By The End Of This Week. S&P 500 Earnings Are Going To Be Down Year Over Year. Too Many People Making Too Much Stuff Out There. ... The World Competitive Environment Is Too Intense.

Wed, 01/09/2013 - 23:48 | 3139634 Yen Cross
Yen Cross's picture

 Hey Tyler. Do you remember that spray on shit, when we played "PeeWee" Football?   Firm Grip ®


Wed, 01/09/2013 - 23:50 | 3139638 sunny
sunny's picture

If small business is suffering, why is the Russell 2000 soaring?  Total disconnect between the article and the reality of market investment.


Thu, 01/10/2013 - 00:12 | 3139697 NoDebt
NoDebt's picture

There are a lot more than 2000 small businesses in the US.  But probably not for long.

Thu, 01/10/2013 - 02:28 | 3139935 Joe moneybags
Joe moneybags's picture

Correctomundo, NoDebt.  Any of the Russell 2000 are way bigger than the "small businesses" that are referenced in the survey.  Most small businesses are privately owned, and not even found in the pink sheets.

Thu, 01/10/2013 - 00:15 | 3139692 NoDebt
NoDebt's picture

The minute that "small business" became the hot topic of federal legislators, it was all over for them.  They are getting "helped" to death.

It's why the phrase "I'm from the government and I'm here to help" is death to anyone who's heard it.  Elephants trying to help ants usually just gets a lot of ants squished.

Actual real world result- when they start to care about you it's for only one reason- to take your money.


Thu, 01/10/2013 - 00:11 | 3139694 Jumbotron
Jumbotron's picture

If small business is suffering, why is the Russell 2000 soaring?  Total disconnect between the article and the reality of market investment.


It's called corruption, layoffs, outsourcing and SKYNET and ZIRP fiat.

Thu, 01/10/2013 - 00:14 | 3139702 joego1
joego1's picture

Who needs small biz when we have a global monopoly?

Thu, 01/10/2013 - 00:34 | 3139741 Bohm Squad
Bohm Squad's picture

Welcome to "depressflation".  

Thu, 01/10/2013 - 00:42 | 3139758 Seasmoke
Seasmoke's picture

and they wonder why small business owners, despise public employees

Thu, 01/10/2013 - 00:42 | 3139760 Yen Cross
Yen Cross's picture

 Ahh, Otool care, disinformation>       This is for Buzz! That Man kicks ASS!  "Driving With the Top Down" Driving With The Top Down - Iron Man Soundtrack - YouTube

Thu, 01/10/2013 - 01:35 | 3139870 TideFighter
TideFighter's picture

Cash Advances on business credit cards at all time high. 70% cannot get out of the "rollover" loop. We process for 17 business types, all 17 are down, all of them. Backing up risk models, revenues down 25% in the past eight weeks, something is happening.

Thu, 01/10/2013 - 02:44 | 3139949 Freddie
Freddie's picture

Eight weeks?  The stolen reelection with election fraud in the swing states.  People have given up.  Many business are closing and people have stopped spending money.  Sad.

Thu, 01/10/2013 - 08:12 | 3140114 Winston Churchill
Winston Churchill's picture

I know several suppliers of mine that have been living off credit cards since 2008.

Two gave up last month and declared bankruptcy,business and personal.

My businesses have gone deathly quiet since the middle of December ,but

by intenion ,my overhead is extremely low.Stliff profitable at 50% of turnover.

Wheteher this is the normal 'sticker shock' period we get every year renains to be seen.

All the classic signs of general  bankruptcy are evident  to any experienced businessman.

All downhill from here,I suspect.

Thu, 01/10/2013 - 01:57 | 3139901 Yen Cross
Yen Cross's picture

 You guys will call me a pussy for this. This girl has lungs!  Some tunes have meaning!  Take Me Away... A Secret Place - YouTube

Thu, 01/10/2013 - 02:23 | 3139930 Freddie
Freddie's picture

Have you been drinking tonight? ;-)

Thu, 01/10/2013 - 06:00 | 3140032 Yen Cross
Yen Cross's picture

  Is that trick question Freddie? No/ Waiting for Draghi. Just shorted eur/gbp as The pound has been pounded.

 ECB: European Central Bank home page    It's amaazing how you little pukes get excited when I speak!

  Freddie watch and learn. classic H/H patteern on the 4 hour eur/gbp chart . Already scalped it for 18 pips. Now if you watch the m5 chart form a shoulder on the 4 hour chart? Be careful, as the algos will be out with that ECB meeting later.

 I have another trade for you later.  That's called price action... Oh wait. You wouldn't know a candle if it was lit for your funeral!

Thu, 01/10/2013 - 02:30 | 3139938 Joe moneybags
Joe moneybags's picture

You are clairvoyant, Yen: You're a pussy.

Thu, 01/10/2013 - 04:52 | 3140034 Yen Cross
Yen Cross's picture

 hey Fuck face? ya you. better hope we never meet in person./

Thu, 01/10/2013 - 05:42 | 3140064 Yen Cross
Yen Cross's picture

 Classic/ good luck,  Pachino & De Niro.

Thu, 01/10/2013 - 07:32 | 3140103 overmedicatedun...
overmedicatedundersexed's picture

the markets are near lock up, get your money outta the banks is the best advice anyone can give, can't see how our broken society can be saved, humpty dumpty had a great fall.

Thu, 01/10/2013 - 09:39 | 3140244 sethstorm
sethstorm's picture

"The uncertainty surrounding the economy that currently exists limits the ability for businesses to plan"

As long as that excuse has been used, that rings hollow.  Now it's just an excuse to make things worse.

Thu, 01/10/2013 - 17:23 | 3142198 e-recep
e-recep's picture

small business owners are fubar. some of them knew something was wrong back in 2004. some of them realized they were going down big time in 2009. today more of them wake up to the reality that they are being flushed down the drain. that top graph there, the blue one, i bet you a shiny bullion that graph is going south, way way south. sorry if got a bit direct here, it's the jägermeister that's doin' the talking. 

Do NOT follow this link or you will be banned from the site!