{"version":"1.0","provider_name":"Aptus Capital Advisors","provider_url":"https:\/\/aptuscapitaladvisors.com","title":"Aptus Musings: Equity Risk Premium (ERP) - Aptus Capital Advisors","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"30s7INhaLI\"><a href=\"https:\/\/aptuscapitaladvisors.com\/aptus-musings-equity-risk-premium-erp\/\">Aptus Musings: Equity Risk Premium (ERP)<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/aptuscapitaladvisors.com\/aptus-musings-equity-risk-premium-erp\/embed\/#?secret=30s7INhaLI\" width=\"600\" height=\"338\" title=\"&#8220;Aptus Musings: Equity Risk Premium (ERP)&#8221; &#8212; Aptus Capital Advisors\" data-secret=\"30s7INhaLI\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/* ]]> *\/\n<\/script>\n","description":"I\u2019ve fielded a few questions regarding Mike Wilson\u2019s (of Morgan Stanley) recent market commentary. Outside of corporate profitability, i.e., margins driving down future earnings, one of his biggest takes is on the current valuation of the S&amp;P 500. As of 3\/7\/23, the index trades at 19.4x earnings. Specifically, Wilson has been focusing on the \u201cEquity [&hellip;]","thumbnail_url":"https:\/\/aptuscapitaladvisors.com\/wp-content\/uploads\/2023\/03\/12.-month-premium_Morgan-Stanley-2.28.23.png"}