by Tyler Durden
Monday, Apr 26, 2021 - 01:40 PM
Last Wednesday, we reported that based on recent earnings calls, Companies Are Freaking Out About Soaring Costs and today we got more confirmation of this in a Bank of America report.
. which warns that Inflation is
arguably the biggest topic during this earnings season, with a broad array of sectors (Consumer/Industrials/Materials) citing inflation pressures.
Exhibit A: the chart below showing the number of mentions of “inflation” during earnings calls which exploded, more than tripling YoY per company so far, the
and the biggest jump in history since BofA started keeping records in 2004.