Best of Bloomberg Intelligence (07/29/2022)

The video discusses how companies are handling bad news and its impact on stock prices. Despite negative earnings expectations, some companies are performing well, especially those with prior declines. The energy sector is crucial in maintaining earnings, with a significant year-over-year gain. The discussion also covers recession scenarios and the performance of small caps, which may indicate broader market trends.

What are the key takeaways regarding the energy sector's performance in the current market?

Discuss the relationship between corporate profits and the economy as mentioned in the text.