Bloomberg Intelligence's 'Equity Market Minute' 3/8/2019

The video discusses the increasing risk of intangible assets in the S&P 500, highlighted by Kraft Heinz's experience. It reveals a significant rise in goodwill and intangibles, now representing about 10% of total assets. The video also examines sector-specific trends, noting healthcare's substantial share of goodwill and intangibles. The potential risk of impairment charges in future downturns is emphasized.

What recent trend has been observed in the S&P 500 regarding intangible assets?

• A significant rise in intangible assets

• A shift from intangible to tangible assets

• A decrease in intangible assets

• No change in intangible assets

How has goodwill changed as a percentage of total assets since the Great Recession?

• It has decreased to 5%

• It has remained constant at 6.5%

• It has increased to about 10%

• It has increased to 15%

What potential risk is associated with the rise in goodwill during economic downturns?

• Lower stock prices

• Impairment charges

• Increased market cap

• Higher dividends

Which sector has the highest concentration of goodwill in the S&P 500?

• Technology

• Healthcare

• Energy

• Financials

Besides healthcare, which sectors have a notable share of intangibles on their balance sheets?

• Industrials and Materials

• Utilities and Real Estate

• Energy and Financials

• Consumer Staples and Communication Services