Bloomberg Intelligence's 'Equity Market Minute' 10/28/2019

The video discusses the resilience of the S&P 500 revenue stream during the current earnings season, defying expectations of a severe slowdown. It highlights the impact of excluding the volatile energy sector and compares the current situation to past revenue contractions in 2015-2016. The analysis shows that multinational companies experienced severe revenue contraction in the past, but the current slowdown is less severe, especially on the domestic side. The overall message is that the S&P 500 is experiencing a slowdown from the rapid growth of 2018, rather than a recession.

What has the S&P 500 revenue stream shown in 2019?

• Remarkable resilience

• A severe recession

• No change

• Rapid growth

Which sector, when excluded, makes the revenue slowdown appear less severe?

• Finance

• Technology

• Healthcare

• Energy

How does the revenue slowdown in 2019 compare to 2015-2016 for multinational companies?

• There is no slowdown

• It is less severe

• It is about the same

• It is more severe

In 2019, how does domestic revenue growth compare to the slowdown of 2015-2016?

• There is no growth

• It is stronger

• It is about the same

• It is weaker

What does the overall signal from the revenue stream suggest about the S&P 500?

• It is merely slowing from a rapid growth pace

• It is unaffected by global trends

• It is experiencing rapid growth

• It is entering a recession