Goldman Sachs Predicts Gloomy Earnings Season

The video discusses the upcoming earnings season, highlighting potential challenges similar to those faced at the pandemic's onset. It focuses on three sectors expected to improve margins: energy, industrials, and consumer discretionary. Analysts predict other industries may see a significant margin shrinkage. The video also examines economic slowdown indicators, banking system stress, and the S&P 500's earnings yield. It previews upcoming bank earnings reports from major banks like JP Morgan, Wells Fargo, and Citigroup, and emphasizes the importance of monitoring economic pain and market reactions. Bloomberg will provide live coverage of these developments.

Which sectors are expected to report improved margins in the upcoming earnings season?

• Technology, Healthcare, and Utilities

• Energy, Industrials, and Consumer Discretionary

• Financials, Real Estate, and Materials

• Communication Services, Consumer Staples, and Information Technology

What is a major concern for traders during the upcoming earnings season?

• Technological disruptions

• Increased government regulations

• Economic slowdown and higher rates

• Rising inflation rates

How does the current earnings yield on the S&P 500 compare to cash?

• It is significantly higher than cash

• It is equal to cash

• It is slightly higher than cash

• It is significantly lower than cash

When are major banks like JP Morgan, Wells Fargo, and Citigroup expected to report their earnings?

• April 20th

• April 14th

• April 10th

• April 25th

What additional factor is not considered in the major bank earnings reports?

• Technological advancements

• Government policy changes

• International market trends

• Regional bank earnings