The Pomp Letter
The Pomp Letter
Americans Are Building New Companies At An Impressive Pace
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Americans Are Building New Companies At An Impressive Pace

1

To investors,

Bear markets are for building. This is a phrase that has been repeated over and over again as the US economy teeters on the edge of a recession after the Fed increased interest rates at the fastest pace in history.

But are people actually building right now?

The short answer is “yes.” There were more than 5 million new business applications i…

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