Video: Macro Minute: Median P/E (2025) ~16X, same as start of year = stay constructive.  Softer retail sales and Manheim pricing raises odds of sooner Fed cuts.

Video: Macro Minute: Median P/E (2025) ~16X, same as start of year = stay constructive. Softer retail sales and Manheim pricing raises odds of sooner Fed cuts.

VIDEO: The median multiple of the S&P 500 stock is still 16X P/2025 EPS, very reasonable in our view.  Softer incoming data this week points to weaker inflation trends, which in turn, is supportive of the Fed moving cuts forward.

Please click below to view our Macro Minute (duration: 5:24).

Video: Macro Minute: Median P/E (2025) ~16X, same as start of year = stay constructive. Softer retail sales and Manheim pricing raises odds of sooner Fed cuts.

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