A lot of companies continue to issue guidance 👍

It suggests uncertainty isn't disastrously high right now 🤔

In the March 9 TKer, I wrote that an unambiguous sign of elevated uncertainty is when companies across industries suddenly withdraw financial guidance.

This is what we witnessed in early 2020, when executives everywhere were willing to admit they had no confidence in their short-term projections for business amid the COVID-19 lockdowns.

That’s in contrast with the present, where despite heightened policy uncertainty — especially regarding tariffs — companies continue to offer guidance to investors and analysts.