According to a Bloomberg analysis, tech executives are less frequently using words like headwinds, inflation, and recession in earnings calls with analysts and investors, a positive factor for technology stocks. Janney Montgomery Scott said, “Collectively, this is a positive signal with respect to business prospects and profitability, a reference to how the economy remains reasonably resilient. This view received major validation this week after Fed Chair Powell said the staff economists on the Federal Reserve are no longer forecasting one.