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Category: SP 500 Valuation

SP 500: Still Reasonably-Valued

October 14, 2018 Brian Gilmartin Leave a comment

What the title of today’s blog doesn’t tell you is that valuation is a slippery slope. Some of the seemingly…

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Posted in: SP 500 Valuation

SP 500 Still Reasonably Valued – Doesn’t Mean the Benchmark Won’t Have a Tough Year

February 18, 2018 Brian Gilmartin Leave a comment

  Each quarter, we get the JP Morgan “Guide to the Markets” which I think is chock full of good…

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Posted in: Bond Market(s), PE expansion / contraction, S&P 500, SP 500 Valuation

SP 500 Valuation – the Never-Ending Argument – Valuation Still Looks Reasonable

October 5, 2017 Brian Gilmartin Leave a comment

  Dr. David Kelly and jos team at JP Morgan publish some of the best research i read each quarter…

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Posted in: Financial sector, Financials, SP 500 Valuation, Technology, Treasuries

SP 500 “Earnings Yield” 5.70% This Week – What’s It Telling Us ?

August 19, 2017 Brian Gilmartin Leave a comment

For “Fed Model” fans, a SP 500 earnings yield of 5.70% with a 10-year Treasury rate of 2.19% continues to…

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Posted in: 10-year Treasury yield, Fed Model, SP 500 Earnings Yield, SP 500 Valuation

SP 500 Remains Reasonably Valued

July 7, 2017 Brian Gilmartin Leave a comment

Dr. David Kelly and the JP Morgan research team publish a quarterly “Guide to the Markets” which I’ve always thought…

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Posted in: Bespoke, SP 500 Valuation

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Fundamentalis

  • Yield Curve Steepened Last Week, While the US Equity Indices Became Very Overbought
  • SP 500 Earnings: 2026 Expected SP 500 EPS Hasn’t Wavered Much from Expected 14% Growth Rate
  • SP 500 Earnings: Continued Upward Pressure on Forward SP 500 Estimates
  • Bond / Fixed-Income Returns Having a Good Year (so far) in 2025
  • SP 500 Earnings: SP 500 EPS Growth for 2025 Has Risen from 8% to 10% since Late June

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