Bloomberg Intelligence's 'Equity Market Minute' 1/6/2023

Gina Martin Adams discusses the upcoming S&P 500 fourth quarter earnings season, highlighting low analyst expectations and a potential earnings recession. The outlook suggests a decline in earnings for the fourth quarter and the first half of 2023. However, margin expectations, particularly excluding energy, are anticipated to improve, with tech playing a crucial role. Companies need to justify these forecasts for stock performance. The video concludes with insights from Bloomberg Intelligence.

What are the two main trends being monitored in the upcoming S&P 500 earnings season?

• Sector rotation and margins

• Interest rates and inflation

• Unemployment rates and GDP growth

• Currency exchange rates and trade deficits

What is the forecast for S&P 500 earnings in the near term?

• Significant growth

• Stability with no change

• Year over year decline

• Rapid increase

What is expected to happen to S&P 500 earnings in the first and second quarters of 2023?

• They will decline

• They will remain stable

• They will increase significantly

• They will fluctuate unpredictably

What is the expected trend for margins excluding the energy sector?

• They will remain unchanged

• They will bottom out and then improve

• They will increase rapidly

• They will continue to decline

Which sector is crucial for the expected improvement in margins?

• Finance

• Healthcare

• Consumer Goods

• Technology