Lenders are kicking small businesses while they're down: Danielle DiMartino Booth | Fox Business Video
Danielle DiMartino Booth, CEO and Chief Strategist of QI Research, discusses the negative effects that government interventions, such as rising interest rates and stringent lending practices, are having on small businesses. She points out that many small businesses are struggling due to restricted access to credit and increased financial burdens, leading to a challenging environment for these enterprises.
Stock Forecasts
IWM
Negative
With rising interest rates and a tightening lending landscape, many small businesses could face increased financial distress. This environment makes it less favorable for investment in small business-centric ETFs or stocks. Investors might want to shift focus to larger companies that are better positioned to weather these economic challenges.
XLP
Positive
As small businesses struggle, investors could look towards larger retail or service companies that stand to gain market share during times of small business turmoil.
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