James Picerno·Apr 10Momentum Factor Leads as Wall Street Bets on a Fragile CeasefireThe tentative ceasefire between the US and Iran is holding as both governments prepare to meet for high‑stakes talks in Pakistan. The…
martino.agostini·Oct 8, 2025Reasoning, Not Reaction: What Prof. Aswath Damodaran Teaches About Market DisciplineWhen Federal Reserve Chair Jerome Powell described U.S. equities as “fairly highly valued” in October 2025, it was more than cautious…
Grant·Jan 8, 2025Mark to Market — Equity Risk PremiumThis is the first installment in a series I am calling Mark to Market. These will be informal writings on a variety of topics pertaining…
Eric L.·Oct 26, 2024Is the S&P 500 Overvalued? Examining the Shift to a Negative Equity Risk PremiumAs the S&P 500 continues its upward trajectory since late 2022, its earnings yield has declined significantly, falling from nearly 6% to…
Tadas Viskanta·Apr 18, 2018There is no equity risk premium without living, breathing companiesApril 18, 2018
