Wall Street executives are sounding alarms about the economic outlook amid rising tariffs. A potential recession looms as big banks’ earnings may serve as an early indicator of financial strain. While US bank profits have risen, executives continue to raise concerns about the impact of tariffs. Banks report not seeing a significant corporate cash grab yet as tariffs approach, but the investment climate remains uncertain. The clarity provided by bank earnings regarding the economy may be less evident this time, reflecting the complexities of the current financial environment. — new from Axios