This Is Not a Particularly Great Earnings Season, Citi's Wieting Says

The video discusses the upcoming earnings season, highlighting expectations for EPS and the impact of a manufacturing downturn. It explores corporate America's ability to adapt to economic changes and examines profit trends and sector divergences. Despite challenges, there is potential for recovery, with a focus on maintaining demand and corporate flexibility.

What is the general expectation for the upcoming earnings season according to the first section?

• Earnings will remain unchanged from last year.

• Earnings will be slightly better than the lowered expectations.

• Earnings will significantly exceed expectations.

• Earnings will be worse than expected.

How does the manufacturing downturn affect the cyclical sectors?

• It causes cyclical sectors to outperform other sectors.

• It results in a deteriorating outlook for cyclical sectors.

• It leads to an immediate recovery in cyclical sectors.

• It has no impact on cyclical sectors.

What is the potential outlook for manufacturing in 2020?

• A stagnation with no significant changes.

• A complete collapse of the manufacturing sector.

• A rebound to meet the level of demand.

• A continued downturn with no recovery.

What challenge does corporate America face in a slower economy?

• Increasing their workforce.

• Reducing their product lines.

• Sustaining profit margins.

• Expanding their market share.

What is the expected profit gain for the year without a recession?

• 0%

• 2%

• 4%

• 10%