Bloomberg Market Wrap 3/20: S&P Trading Envelope, General Mills, Financials

The video discusses the S&P 500's trading patterns using a technical chart, highlighting its reliability over the past year. It then shifts to General Mills, noting its strong earnings report and successful diversification strategy through acquisitions. Finally, it examines the financial sector's struggles, particularly in investment banking, exacerbated by recent Fed actions.

What does the trading envelope for the S&P 500 suggest about its potential movement?

• It will remain stable at its current level.

• It will experience extreme volatility.

• It will continue to rise indefinitely.

• It may drop back into a tight range.

What has contributed to General Mills' recent success in the market?

• Higher sugar content in products

• Increased cereal production

• Acquisitions like Blue Buffalo

• Reduction in advertising costs

How has General Mills managed to gain more pricing power?

• By reducing product quality

• Through strategic acquisitions

• By increasing advertising

• By cutting employee wages

Which sector experienced the worst performance on the day discussed?

• Consumer Goods

• Healthcare

• Financials

• Technology

What event worsened the financial sector's performance during the day?

• A major merger announcement

• A natural disaster

• A new government policy

• Federal Reserve's actions