Earnings Show Value Side as Markets’ Weak Link: RBC’s Calvasina

The video discusses the current market trends, highlighting the resilience of the tech sector and the weakness in financials. It examines earnings sentiment, noting a slight decline in growth expectations for 2022. The discussion also covers the deceleration of upward revisions in the S&P 500, with potential for downward revisions as half of the sectors contribute to this trend.

Which sector is currently showing resilience according to the speaker?

• Financials

• Healthcare

• Energy

• Technology

What is the speaker's concern regarding earnings sentiment for 2022?

• It is expected to increase significantly.

• It remains unchanged.

• There is a potential for slippage.

• It is expected to improve.

What has happened to the rate of upward revisions from June to July?

• It has fluctuated.

• It has remained the same.

• It has increased.

• It has decreased.

What percentage did the rate of upward revisions in the S&P 500 reach in June?

• 80%

• 78%

• 74%

• 76%

What is the potential outcome of the deceleration in upward revisions?

• Increased upward revisions

• Stable earnings projections

• No change in revisions

• Downward revisions