by pentoport | May 1, 2025 | Commentary
May 1, 2025 The S&P 500 is now trading at 21x the projected earnings growth rate of 9% in 2025. That is an extremely rich multiple on a very optimistic earnings growth rate, given the fact that US GDP shrank during Q1. And, that shrinkage will soon be combined...
by pentoport | Apr 17, 2025 | Commentary
April 17, 2025 The US 10-year Benchmark rate jumped by 50 bps in just the 5 days from April 7th to the 11th. That is a very unusual and humongous move in such a short period of time. The question is, why would that volatility occur in the context of a slowing economy,...
