AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
WSJ's Take On the Week
What the New Year Holds for Small Businesses and Big Banks
Jan 7, 2024
Arlan Hamilton, venture capital firm leader investing in small businesses, discusses the current state and future predictions for small businesses and big banks. Topics include entrepreneurship, the challenges faced by small businesses, purposeful delusion in entrepreneurship, fiscal responsibility, boom and bust cycles in venture space, and upcoming bank earnings reports.
20:47
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Small businesses are facing challenges due to higher interest rates and inflation, while large companies are experiencing significant growth.
- Arlen Hamilton, founder of Backstage Capital, emphasizes the need for multiple income streams and remains optimistic about increased autonomy and entrepreneurship in 2024.
Deep dives
The Stock Market and Economic Outlook
The stock market had a nine-week winning streak, but it was interrupted last week. Key economic indicators such as U.S. consumer credit, small business optimism, and inflation numbers will be released this week. Earnings season will begin with Bank of America, Wells Fargo, and JPMorgan Chase reporting their results. While large public companies experienced significant growth, small businesses have been struggling due to higher interest rates and inflation.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode