Bloomberg Intelligence's 'Equity Market Minute' 11/12/2020

What event allowed investors to feel relieved and helped stocks return to their previous peak levels?

• A major technological breakthrough

• The election being over

• A significant drop in oil prices

• A new trade agreement

According to the fair value model, what is the expected earnings growth for the S&P 500?

• 8%

• 20%

• 15%

• 12%

What level might the S&P 500 test according to the bull case scenario?

• 3500

• 3700

• 4000

• 4200

Which segments are expected to lead the market recovery?

• Value and small cap stocks

• Technology and healthcare

• Energy and utilities

• Real estate and financials

When was the last time small caps outperformed the S&P 500 due to a fundamental shift?

• 2019

• 2017

• 2015

• 2020