Bloomberg Intelligence's Equity Market Minute 10/14/2024

Gina Martin Adams discusses the shift of inflation from a headwind to a tailwind for equity markets. She presents data showing consumer price inflation rates during past Fed easing cycles, noting that current inflation levels are lower than historical norms. This suggests that inflation may not hinder further Fed easing. Additionally, she highlights that net income margins for the S&P 500, excluding the energy sector, have been improving as inflation decelerates. This trend is expected to continue, supporting earnings growth through 2025.

What expectations are set for the upcoming earnings season in relation to inflation?

What does the speaker suggest about the relationship between inflation pressures and revenue improvement?