Bloomberg Market Wrap 1/22: Bearish Technicals, Home Sales, BBB-Rated Bonds

The video tutorial covers three main topics: market trends with a focus on the S&P 500 and its technical analysis, recent home sales data and its economic implications, and insights into the credit market, particularly the triple B sector. The discussion highlights the bearish market trends, the impact of interest rates on home sales, and the surprising performance of the triple B sector in the credit market.

What does the downtrend in the S&P 500 indicate about market control?

• Buyers are in control

• Sellers are in control

• Market is stable

• Market is unpredictable

What was the average annual rate of existing home sales recently reported?

• 5.24 million

• 4.99 million

• 6.00 million

• 5.50 million

What factor is crucial for the rebound in home sales?

• High valuations

• Rising interest rates

• Affordability

• Increased supply

Which sector in the credit market showed unexpected outperformance?

• Single A

• Triple A

• Triple B

• Double A

What was the total return gain of the triple B sector so far this year?

• 1%

• 0.5%

• 0.8%

• 1.5%