Bloomberg Intelligence's 'Equity Market Minute' 4/16/2021

The video discusses the S&P 500 earnings season, highlighting expected strong growth. However, the focus shifts to inflation and its impact on earnings, particularly margins. The video analyzes inflation mentions in S&P 500 transcripts, noting a rising trend. It explores the relationship between inflation and margins, indicating potential issues when inflation exceeds certain levels. Current inflation trends are examined, with the PPI growing rapidly, suggesting possible challenges for future earnings.

What critical level of PPI growth has historically indicated a slowdown in operating margin forecasts?

What has been the recent trend of the PPI relative to the same time last year?