Bloomberg Intelligence's 'Equity Market Minute' 05/27/2020

The video discusses the significant 17% decline in S&P 500 earnings in the first quarter, highlighting the challenges faced by companies. Analysts expect a further decline throughout 2020, but this may limit the downside impact on stock prices. A V-shaped recovery is anticipated in 2021, with earnings expected to match early 2018 levels. Graphs illustrate the decline in analyst expectations and the potential for recovery.

What was the percentage decline in earnings for S&P 500 companies in the first quarter?

What was the overall sentiment of the analyst community during the difficult times mentioned?

What do analysts expect for earnings in the second quarter of 2020?

How are analysts' expectations for earnings in 2021 described?

What shape of recovery is anticipated into 2021 according to the analysis?