{"id":41446,"date":"2025-08-11T07:46:52","date_gmt":"2025-08-11T07:46:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41446"},"modified":"2025-08-11T07:46:52","modified_gmt":"2025-08-11T07:46:52","slug":"corporate-americas-recession-fears-plummet-despite-the-highest-average-tariff-rate-since-1910","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41446","title":{"rendered":"Corporate America&#8217;s Recession Fears Plummet Despite the Highest Average Tariff Rate Since 1910"},"content":{"rendered":"<div>\n<p>Corporate America&#8217;s fears of a looming economic recession have evaporated as quickly as they emerged early this year.<\/p>\n<p>The number of S&amp;P 500 companies that mentioned the word &#8220;recession&#8221; during their second-quarter earnings call dropped sharply to just 16, down sharply from 124 in the first quarter, according to data source <a href=\"https:\/\/www.marketwatch.com\/livecoverage\/stock-market-today-dow-s-p-500-and-nasdaq-set-for-modest-rise-as-gold-surges\/card\/s-p-500-companies-are-mentioning-recession-a-lot-less-in-recent-earnings-calls-Bbhb32KygWuZ1zOOVjWN\">FactSet<\/a>. A recession is defined as two consecutive quarters of negative economic growth, as measured by the gross domestic product.<\/p>\n<p>&#8220;Recession was uttered just 16 times so far on earnings calls this quarter (4%), down from 124 in Q1 and the 10-yr average of 61. After Q4 &#8217;24 it was the least of any quarter since Q4 &#8217;21,&#8221; Neil Sethi, managing partner at Sethi Associates, <a href=\"https:\/\/x.com\/neilksethi\/status\/1954613719063032047\">said<\/a> on X, quoting FactSet. <\/p>\n<p>The decline comes as some observers fear that President Donald Trump&#8217;s trade tariffs are beginning to impact the economy.<\/p>\n<p>Perhaps company leaders are operating under the assumption that the elevated tariffs will eventually be &#8220;watered down&#8221; through negotiations, rather than remaining a long-term economic burden.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/387dc8efc664e809722edda2e7b6c02ec1411a18-1013x1159.jpg?auto=format\" alt=\"Recession mentions in quarterly earnings calls of rthe S&amp;P 500 firms. (FactSet)\" title=\"Recession mentions in quarterly earnings calls of rthe S&amp;P 500 firms. (FactSet)\"><\/p>\n<p>Trump recently unveiled sweeping tariffs in addition to those announced in April in a move aimed at sparking a manufacturing boom. That has lifted the average U.S. tariff rate to 20.1%, the highest sustained level since the 1910s, according to estimates released by the World Trade Organization and the International Monetary Fund.<\/p>\n<p>Markets, too, have largely looked past tariff-induced recession fears, with the S&amp;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 months, CoinDesk data show. <\/p>\n<p>According to JPMorgan, traders have been focusing on resilient corporate earnings and the expected economic recovery following the interim slowdown.<\/p>\n<p>More than 80% of S&amp;P 500 companies have recently reported their second-quarter earnings, with over 80% beating earnings expectations and 79% surpassing revenue forecasts. That&#8217;s the strongest performance in four years.<\/p>\n<p><strong><em>Read: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/08\/10\/here-are-3-bullish-reasons-why-jpmorgan-sees-s-and-p-500-rallying-much-higher\">Here Are 3 Bullish Reasons Why JPMorgan Sees S&amp;P 500 Rallying Much Higher<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Corporate America&#8217;s fears of a looming economic recession have evaporated as quickly as they emerged early this year. The number of S&amp;P 500 companies that mentioned the word &#8220;recession&#8221; during their second-quarter earnings call dropped sharply to just 16, down sharply from 124 in the first quarter, according to data source FactSet. A recession is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41446","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41446"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41446\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}