SocGen’s Kaloyan Favors Utilities Over Telecoms

The video discusses the current reporting season, highlighting that while many companies report above expectations, the bar was set low. Analysts are optimistic about 2020 EPS growth, despite macroeconomic challenges. The video also compares telecoms and utilities sectors, noting telecoms' lack of pricing power and utilities' better EPS visibility. French PMI data is briefly mentioned, indicating a slight improvement.

What does the French October manufacturing PMI number indicate about the economy?

What are the potential risks associated with the high expectations in the telecom sector?

How might the new Commission impact the utility sector?