Bloomberg Intelligence's 'Equity Market Minute' 05/27/2020

The video discusses the significant 17% decline in S&P 500 earnings in the first quarter, highlighting the challenges faced by companies. Analysts expect a further decline throughout 2020, but this may limit the downside impact on stock prices. A V-shaped recovery is anticipated in 2021, with earnings expected to match early 2018 levels. Graphs illustrate the decline in analyst expectations and the potential for recovery.

What was the percentage decline in earnings for S&P 500 companies in the first quarter?

• 17%

• 30%

• 10%

• 25%

What is the expected impact of low earnings expectations on stock prices?

• Significant increase

• Limited downside impact

• Significant decrease

• No impact

What shape of recovery is anticipated for 2021?

• W-shaped

• V-shaped

• L-shaped

• U-shaped

What is the forecasted earnings decline for the second quarter of 2020?

• 50%

• 43%

• 60%

• 30%

How do analysts expect earnings to compare in the first half of 2021?

• Similar to early 2018

• Higher than 2019

• Lower than 2017

• Same as 2020