CEO Gloom Rivals Financial Crisis as Tariffs Roil S&P 500 Stocks

CEO Gloom Rivals Financial Crisis as Tariffs Roil S&P 500 Stocks

Not since the financial crisis has Corporate America been so downbeat about the state of the economy in earnings calls, an ominous sign for investors trying to figure out how much more pain Donald Trump’s trade war will inflict on the stock market.

CEOs haven't been this gloomy about the US economy since the global financial crisis

Ratio of positive to negative comments in earnings calls on track for worst proportion since 2009. Read more at straitstimes.com.

The White House is also considering lowering tariffs for China to ease the trade war between the two countries