Bloomberg Intelligence's 'Equity Market Minute' 10/14/2022

Gina Martin Adams discusses the nervousness in equity markets due to negative macroeconomic data and the potential relief earnings season might bring. She highlights the extreme volatility in stock price reactions to recent CPI reports, comparing it to the 2008-2009 period. Despite low investor sentiment, earnings could support stocks as expectations are low. Analyst forecasts for S&P 500 EPS growth have significantly dropped, with pure growth companies expected to see an 8.4% decline in earnings year over year.

What role could earnings play in supporting stocks in the coming weeks?

What is the current forecast for pure growth companies in the S&P 500 regarding earnings?