Bloomberg Intelligence's 'Equity Market Minute' 7/17/2019

The video discusses the earnings season for S&P 500 companies, highlighting that the second quarter is expected to be challenging, with many sectors showing negative growth. Analysts' expectations for future quarters are uncertain, largely due to policy impacts. Historical trends show that earnings growth was affected by tax reforms and trade uncertainties. The video concludes with a call for policy clarity to stabilize market forecasts.

What factors are believed to influence the stabilization of the market outlook?

What impact did trade uncertainty have on earnings estimates according to the text?