Bloomberg Intelligence's 'Equity Market Minute' 6/9/2021

The video discusses the current state of the US equity market, highlighting its decline in global rankings due to weakening earnings momentum. It contrasts this with the surge in economic activity and earnings growth in developed markets outside the US. The video also examines macroeconomic factors affecting US stocks, such as high inflation and proposed global taxation changes, which could disproportionately impact US companies. The presentation concludes with a summary of these challenges and their implications for the US market.

What is the primary reason for the US falling in global scorecard rankings?

• Improved taxation policies in the US

• Stable earnings growth in the US

• Declining earnings momentum in the US

• Increased economic activity in the US

How does US inflation compare to the rest of the world?

• It is lower than most regions

• It has no impact on operating margins

• It is about the same as other regions

• It is higher than in other regions

What effect does US inflation have on forward operating margin forecasts?

• It decreases them

• It increases them

• It has no effect

• It stabilizes them

What is the proposed global minimum tax rate discussed?

• 20%

• 15%

• 12%

• 10%

Which companies are likely to be most affected by the proposed global minimum tax?

• African companies

• European companies

• Asian companies

• US companies