CEOs are doing the best they can to to avoid discussing politics this earnings season

Published On Nov 1, 2024, 4:00 AM

In the lead-up to the 2024 elections, corporate executives are notably avoiding political discussions on earnings calls. A review of major earnings calls, including those from companies like Amazon, Bank of America, and JPMorgan Chase, found a significant reluctance to address election-related questions. Executives are adopting a 'play not to lose' mentality due to the current political climate, particularly the contentious nature of the election between Trump and Harris. Analysts suggest that this trend may stem from concerns about political backlash and the impact of political stability on their businesses. The general sentiment is that the election, while highly publicized, may not significantly impact markets as perceived by some industry leaders.