S&P 500 Signals
@spystsignals
I build and share quantitative models that *attempt* to predict future S&P 500 returns. All models are wrong, but some are useful.
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http://substack.com/@spystsignals 06-06-2022 03:18:25
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Some shocked that Walmart and Costco have higher multiples than software companies. When so much value is in terminal value, the haunting question is “will this company be around in 30 years?” Easy question for Walmart. For more see Michael Mauboussin on CAP.
It’s important that you understand what happened last night. Last night, Stephen Colbert interviewed Democratic Texas Senate candidate James Talarico, a candidate who, by all accounts, is on track in the polls to flip Texas blue. In response, Trump’s FCC reportedly threatened
Today, the Supreme Court reaffirmed authority that has rested with Congress for centuries. The American people already know that tariffs make building and buying here at home more expensive. And Kentuckians understand this painful reality better than most. But the use of IEEPA to