Bloomberg Intelligence's 'Equity Market Minute' 2/3/2022

The video discusses the S&P 500's fourth-quarter earnings, highlighting that companies are largely beating expectations, but analysts are lowering future earnings growth forecasts due to margin concerns. Fourth-quarter earnings are expected to grow by 24%, surpassing initial expectations of 20%. However, forecasts for the first, second, and third quarters are declining, despite rising sales forecasts. Net income margins are above expectations for the fourth quarter, but future margin forecasts are being marked down. This trend affects 75% of industries and nearly half of companies, making it challenging for the S&P 500 to regain an uptrend.

What percentage of industries have recorded a downdraft to forward margin expectations?

What does history suggest about the S&P 500's ability to re-establish an uptrend?