Yup... We are bankrupting most small businesses while claiming the economy is holding up well. When in reality, we are pumping millions into wealthy bank accounts. This is historic wealth accumulation..
I have a feeling that someone sees something in TMPO. They're going to push this down till bankruptcy in order to swoop in and act as the "savior" for this company and the shareholders. When in reality they are the ones responsible for the failure. The debt here does not help. Their debt is gettin more and more expensive by the day.
Rate hikes = small businesses contract b/c they can't afford the cost of capital
Rate hikes peak = big business sweeps up all the cash under the guise of "pricing power"
Rates get held in place = small business go bust/unemployment rises as a consequence.
Rates get cut = markets begin to crash usually because unemployment rise is alarming.
Rates normalize = Considering economy is stable, then its stimulus time. Big business uses free money and buys up anything that has value for much less than the cost of creation/development.
Long live the Aristocracy!
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