Rebounding small business optimism
Small business optimism crashed earlier this year as the U.S. locked down. Now that lockdowns have been lifted, small business optimism is rebounding. (It's yet to be seen how a resurgence in coronavirus cases will impact small business optimism).
Historical cases in which small business optimism jumped more than 5% over the past 2 months usually led to more gains for the S&P 500 over the next 6-12 months: