
Bloomberg Intelligence's 'Equity Market Minute' 8/14/2019
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Gina Martin Adams from Bloomberg Intelligence discusses the second quarter earnings season, noting that despite better-than-expected results, earnings are not currently supporting stock prices. She highlights the decline in analysts' forecasts for forward earnings growth and emphasizes the need for stabilization in these estimates. A trade truce could help stabilize the ISM index, which is crucial for improving the outlook for earnings growth and stock prices.
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OPEN ENDED QUESTION
3 mins • 1 pt
What impact does the text suggest a trade truce could have on EPS growth?
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2.
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3 mins • 1 pt
What overall outlook does the text provide for earnings and stock prices?
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