Goldman's Kostin Says S&P 500 Will Trough at 2,000, Rebound to 3,000 in 2H

The video discusses the rapid downgrading of earnings forecasts due to economic contraction, with a focus on the S&P 500. It highlights the expected rebound in 2021 and the impact of a $2 trillion stimulus package. The Federal Reserve's actions are seen as stabilizing, but many companies face significant revenue challenges. Investment strategies are suggested, emphasizing a margin of safety approach.

What was the expected decline in S&P 500 earnings for 2020?

• 15%

• 33%

• 55%

• 25%

How much of the US GDP does the $2 trillion stimulus package represent?

• 5%

• 15%

• 10%

• 20%

What is the anticipated effect of the Federal Reserve's actions on the economy?

• Increased inflation

• Decreased consumer spending

• Economic contraction

• Stabilization and growth

What investment principle is the 'margin of safety' concept based on?

• Growth investing

• Index investing

• Value investing

• Momentum investing

How are current stock valuations compared to those in March 2009?

• The same

• Lower

• Unchanged

• Higher