- Daily Chartbook
- Posts
- DC Lite #417
DC Lite #417
The number of companies citing "recession" on earnings calls has collapsed
Daily Chartbook
August 08, 2025
In partnership with
Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights.
1. Leading Economic Index. "Our [Carson] Proprietary Leading Economic Index has correctly said for years there wouldn't be a recession, even as all the other LEIs did. It still says no recession and could be trying to turn higher right here."
2. Recession talk. The number of companies citing "recession" on earnings calls has collapsed: from 124 in Q1 to just 16 in Q2 (with 90% reported).
3. Retail vs. BTC. "Shrimp-to-Fish cohorts (wallets with <100 $BTC) continue to absorb supply faster than it’s created. Monthly balance growth sits above +17K BTC - outpacing the +13.85K $BTC issuance - with Shrimps alone adding nearly 10K BTC, underscoring persistent retail-led accumulation."
Sponsored content:
Seeking impartial news? Meet 1440.
Every day, 3.5 million readers turn to 1440 for their factual news. We sift through 100+ sources to bring you a complete summary of politics, global events, business, and culture, all in a brief 5-minute email. Enjoy an impartial news experience.
4. Global bulls. "The proportion of countries worldwide in an official ‘Bull Market’ (up 20%) just reached 65% --the highest since 2021. ..think about that, with all the noise and chaos and BS, 2/3rds of countries are starting new bull markets ('and you're bearish?')."
5. Returns divergence. "While the S&P 500 is within 1% of its record high, the median stock remains 12% below its 52-week high."
Sponsored content:
Former Zillow exec targets $1.3T
The top companies target big markets. Like Nvidia growing ~200% in 2024 on AI’s $214B tailwind. That’s why the same VCs behind Uber and Venmo also backed Pacaso. Created by a former Zillow exec, Pacaso’s co-ownership tech transforms a $1.3 trillion market. With $110M+ in gross profit to date, Pacaso just reserved the Nasdaq ticker PCSO.
Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.
Reply