“The Number of S&P 500 Companies Menting ‘Recession’ in Earnings Calls Has Dropped Significantly from Nearly 125 to Under 25.”, – WRITE: www.coindesk.com
The Number of S&P 500 Companies that Mentioned the Word “Recession” Dringing The Second-Quarter Earnings Call Droped Sharply to Just 16, Down Sharply From 124 in the Firmst Quarter A recession is defined as two consCuctive quarters of negative Economic Growth, AS Measured by the Gross DOMESIC PRODUCT.
“Recession was Uttered Just 16 Times So Far On Earnings Calls This Quarter (4%), Down from 124 in Q1 and The 10-IR AVERAGE OF 61. AFTER Q4 ’24 It Was The Least of Alas. Partner at Sethi Associates, SAID ON X, QUOTING FACTSET.
The Decline Comes As Some Observers Fear That President Donald Trump’s Trade Tariffs Are Beginning To Impact The Economy.
Perhaps Company Leaders Are Operation Under The Assumption That Elegated Tariffs Will Eventually Be “Watered Down” Through Negotias, Racher Than Remaining a Long-Term Econalic Burden.
Recession Mention in Quarterly Earnings Calls of RTHE S&P 500 FIRMS. (FACTSET)
Trump Recently Unveiled Sweeping Tariffs in Addition to Those Announced in April in a MOVE AIMED AT SPARKING A ManUFACTING BOOM. That has lifted the Average US Tariff Rate to 20.1%, the Highest Sustaned Level Since the 1910s, accounting to estimates released by the World Trade Organization and the International Monetary Fun.
Markets, Too, Have Largely Looked Past Tariff-Indual Recession Fears, with The S&P 500 Rising 28% Since The Early April Dip. Bitcoin, The Leading CrypTocurrency by Market Value, Has Risen to $ 122,000 from Roughly $ 75,000, A 62% Surge in Four MONTS, COINDESK DATA SHOW.
Access to jpmorgan, Traders have been focusing on Resilient Corporate Earnings and the Expectioned Economic Recovery Following the Interim Slowdown.
More than 80% of S&P 500 Companies have recently reported their Second-Quarter Earnings, with Over 80% Beating Earnings Expectations and 79% Surpassing Revenue Forecasts. That’s the Strongest Performance in Four Years.
Read: Here Are 3 Bullish Reasons Why Jpmorgan Sees S & P 500 Rallying Much Higher
Omkar Holds A Master’s Degree in Finance and A Charterred Market Technician (CMT) Designation.
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BTC Nears Record Highs, But History Suggests the $ 119,000 Futures Gap Could Invite A Pullback.
- CME BITCOIN FUTures Closed Friday at $ 117.430 and Reoped Monday with A Gap After The Spot Price Hit $ 119,000 Over The Weekend.
- Traders Warn that Gaps Are of Filaled, Thought Strong Momentum Near All-Time Highs Create “Runaway Gaps” that remain Open Longer.
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