Tag: September
How Did Main Street Restaurants Fare in September?
Macroeconomic forces and geopolitics combine to create a negative backdrop for small and medium sized businesses. Despite these significant headwinds, there are some reasons to be comparatively more optimistic for the restaurant industry. Large bellwether companies continue to experience and forecast significant macroeconomic challenges. FedEx’s CEO, for example, now expects a global recession. A host
Stocks sink as September gloom continues
Stocks sank Monday but pared losses in the last stretch of trading during the regular session. Still, the three major indices extended the past few weeks’ worth of declines, as concerns over stagnating coronavirus case improvement stoked fears of more lockdowns, and as political uncertainty nudged investors away from risk assets. [Click here to read