April 07, 2025
Stocks Tied to Tariff Talk Are Tanking
Stocks Associated with Tariffs are Tanking
We collected all U.S. earnings call transcripts from March 2025 and grouped companies into three buckets:
1️⃣ No mention of tariffs
2️⃣ Mentions tariffs
3️⃣ Mentions tariffs 30+ times in a single earnings conference call
Then we looked at April stock returns… 👀
The results speak for themselves:
🔵 Companies that didn’t mention tariffs had better average performance
🔵 Those that talked tariffs saw worse returns
🔵 And frequent tariff talkers? Down over 16% on average.
💡 Could tariff concerns be a leading indicator of negative sentiment—or worse, deteriorating fundamentals?
👉 Do you think management tone and topics can predict future stock moves?