by pentoport | Mar 21, 2025 | Commentary
March 21, 2025 The University of Michigan Consumer confidence survey for March plunged to 57.9 versus the estimate of 63 and 65.7 in the month prior. And yet, inflation expectations in the same survey hit a 32-year high of 4.9%. Stagflation is the word that comes to...
by pentoport | Mar 3, 2025 | Commentary
March 3, 2025 Tariff threats and a shrinking labor force put downward pressure on stocks and the economy. The S&P 500 is trading at 22x the forward 12-month EPS target, which is predicting an increase of 13% in EPS. The problem is that the 10-year average PE ratio...
by pentoport | Feb 7, 2025 | Commentary
February 7th, 2025 I want to expand a bit on market liquidity and why modeling it is so crucial to the economy, inflation, and money management. Liquidity is the progenitor of Pento Portfolio Strategies’ Inflation Deflation and Economic Cycle (IDEC) model. It is the...
by pentoport | Jan 17, 2025 | Commentary
January 17th 2025 US corporations’ hiring plans last year totaled 769,953 workers, the fewest since 2015, according to the labor research firm Challenger, Grey, and Christmas. Private sector data shows that the need to hire new employees for all of last year...
by pentoport | Nov 22, 2024 | Commentary
November 22, 2024 The Federal Reserve believes inflation is no longer a concern for consumers and the time has come to ensure the rate of change of prices does not decline any further. To this point, Susan Collins, the Boston Federal Reserve President, said recently...
by pentoport | Nov 15, 2024 | Commentary
November 15, 2024 Fiscal and monetary policy changes are what drive the data behind the 20 components in my IDEC Model. The election of DJT will most likely provide for significant fiscal and maybe even monetary policy changes. The political winds are behind lower...
