How Earnings Relate to Recessions

The video discusses the relationship between economic recessions and earnings recessions, highlighting that they are separate issues. Michael Kasper from Bloomberg Intelligence provides insights into current earnings growth forecasts, which show potential acceleration. The video also covers technical market analysis, including support levels and indicators like RSI and Elliott Wave. It concludes with a discussion on the unique nature of the current recession, considering high inflation and consumer spending, and explores potential market outcomes.

What is the current consensus on earnings growth for the next quarter?

• Growth of 6.5%

• A decline of 2.5%

• Growth of 4.3%

• No change

Which technical indicator is mentioned as providing some optimism in the market?

• Elliott Wave

• All of the above

• RSI

• Moving Averages

What is the next major test level for the index according to the technical analysis?

• 4100

• 4000

• 4200

• 3900

How is the current recession described in comparison to past recessions?

• Unique due to high inflation

• A typical economic downturn

• Similar to 2009 financial crisis

• Identical to 2020 recession

What factor is helping to keep revenues high despite the recession?

• Decreased consumer spending

• Lower interest rates

• High inflation

• Increased government spending