Subject: Re: S&P500 valuations
'As of today that boring 1YR T-Bill is yielding 5.03% VS the S&P500 earnings yield of 4.54%.'

Despite the relatively higher Treasury rates recently, I am still underwhelmed wrt the real yield as it compares to the 'equity coupon' of equities like BRK or solid S&P companies returning 10%+ ROE when looking to hold for a time frame of 5+ years.