A quarter of Donald Trump’s second term and managers simply cannot stop saying his name.
The number of profits in which CEOs have declared “Donald Trump” or “Trump” in the last 30 days have increased since the same period last year, according to the Business Insider Examination of Transcriptions of Profits Calls collected by Alphasense.
Trump’s name was said by CEOs during 88 results in the last 30 days, against only 5 times in the same period last year.
The CEO of Home Goods Store Hardware Restoration, Gary Friedman, mentioned the name of Trump four times during the call for the company’s results on April 2.
The conversation around Trump was largely propelled by the prices he has taken from goods imported into the country. For home goods companies like HR, these prices have sent the prices of downhill actions. “Oh Sh – T,” said Friedman just after hearing that the company’s shares had plunged 26% in the light of Trump’s “Liberation Day” prices which imposed prices on 180 countries.
The cases where CEOs have distinguished the words that prices have exploded since last year. The CEOs called rates in 569 calls for results in the last 30 days, against only 58 instances last year.
During Thursday calls for the first quarter of the year, WHIRLPOOL CEO, Marc Bitzer, said “prices” 50 times. Bitzer presented them as a new positive for the company.
“The prices will finally help create a level playground for Whirlpool,” he said during the call.
Several other companies have repeated the rates of the word such as a mantra during calls this week. Thursday, the games and toys company referred to the prices 35 times during its call. The Consumer Goods Society Procter & Gamble mentioned them 26 times.
JPMorgan CEO, Jamie Dimon, mentioned the prices five times when calling the company’s profits on April 11. Dimon, who told people who worried about prices to “overcome it” in January, took place on the other side in his last letter to the shareholders this month, noting that the prices “will slow growth”.
During the call for the results of the company, he brought back his comments in January. “I want I did not say it. I specifically referred to the prices concerning the protection of national security,” he said. Then he admitted that “you may need prices to help solve some of the national security problems”.
The Tesla electric vehicle manufacturer called the prices 25 times. Tesla CEO, Elon Musk – who is one of Trump’s advisers – has diverted responsibility.
“I just want to emphasize that the tariff decision depends entirely on the President of the United States,” Musk said when calling the company’s results on Tuesday. “I’m going to weigh with my advice with the president, who he listens to my advice, but it is him, of course, to make his decision.”
Other popular words that have surfaced recently are “attenuated”. It was said by the CEOs 209 times in the last 30 days compared to 131 times last year.
The word “uncertainty” has also been popular. The CEOs used it in 486 cases against 284 last year.
CEOs say some words more often this year. Business Insider via Florish
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