Small Business Optimism Crashes As Inflation Rises To 9.1% YoY (REAL Avg Weekly Earnings Plunge To -4.4% YoY)

In case you are wondering why Biden’s approval ratings are so terrible, check out this chart.

Under Biden’s Reign of Error, inflation has soared to 9.1% YoY and the NFIB Small Business Optimism Index has crashed.

REAL Avg Weekly Earnings plunged To -4.4% YoY.

With the hot inflation numbers, the US Treasury 10Y-2Y yield curve inverted to -17.6 basis points.

And in honor of US First Lady Jill Biden’s idiotic comments about Hispanic culture, we see that inflation is hitting tacos hard.