Company executives are getting much more worried about economic growth, judging by their earnings conference calls and Bloomberg projections.
Executives and analysts are on track to use phrases related to an economic slowdown three
times more on second-quarter calls than they did during first-quarter results, according to a Bloomberg analysis of transcripts for companies in the S&P 500, the Nasdaq 100 and the Stoxx Europe 600 indexes.
A Bank of America Corp. tracker also showed corporate sentiment during earnings
calls has plummeted even as analysts are still expecting earnings growth to accelerate into next year.