CEOs Are Saying These 2 Ominous Words on Earnings Calls More Than Ever

April 2025

Barron’s

I used AlphaSense to comb through the Q1 earnings transcripts of S&P 100 companies and see what management teams said about tariffs and the economy.

The one thing most companies had in common is a strong sense of uncertainty, which is pausing business activity, shaking consumer confidence, and hampering companies’ ability to make projections for the year ahead.

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