Typically the holidays are a period of positivity and joy. This affects the day -to- day results of the markets during the few weeks leading up to New Year’s, when everyone is really going to stick to their resolutions and the markets bounce upwards. But behind this seasonal optimism are over-bullish expectations, since credit is still tight and there are signs around the world (particularly in Europe) of an oncoming recession. While there is a 30% chance, according to John Hussman, that these gains will continue, it seems more likely that these upward-pointing sessions will find their lows within the coming weeks.
Does that mean that now is the right time for small business financing? Yes. With everyone in a good mood as prospects for the New Year are riding the holiday bump, now is a great time for business financing, if you’re small business needs it. If it doesn’t, you may want to wait a few weeks to see if these marketplace trends will continue before reinvesting in your growth for the new year. While the U.S. likely won’t suffer as much as Europe, chances are it will likely experience anemic growth. So take advantage while you can; you’ll be glad you did.
