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Juan Carlos Carvallo

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Grouped bar chart "Earnings are growing faster than prices". S&P 500: price +12.7%, EPS +27.7%, P/E multiple -11.7%. Technology: price +22.1%, EPS +55.7%, P/E multiple -21.6%. Note: the tech P/E is 19% below its 5-year average. Source: a16z, State of Markets, September 2026.

Grouped bar chart "Earnings are growing faster than prices". S&P 500: price +12.7%, EPS +27.7%, P/E multiple -11.7%. Technology: price +22.1%, EPS +55.7%, P/E multiple -21.6%. Note: the tech P/E is 19% below its 5-year average. Source: a16z, State of Markets, September 2026.

Are We in a Bubble? The Answer Is in the Earnings

jcarvallo4

Oct 104 min read

Superintelligence Starts at the Table

jcarvallo4

Sep 295 min read

Barroso 2: more than 100 years of the oil relationship between the United States and Venezuela

Barroso 2: more than 100 years of the oil relationship between the United States and Venezuela

Coming Full Circle

jcarvallo4

Sep 157 min read

Selva, Victoria and I in New York, the Twin Towers behind us. Late 1990s.

Selva, Victoria and I in New York, the Twin Towers behind us. Late 1990s.

September 11: the day I discovered that New York was my home too

jcarvallo4

Sep 119 min read

Illustration: containment and leak

Illustration: containment and leak

Anthropic documents Claude attacking real systems — and the same day puts a number on extinction

jcarvallo4

Sep 96 min read

Oil derricks on Lake Maracaibo, circa 1929

Oil derricks on Lake Maracaibo, circa 1929

Oil for a hundred years: what a U.S. lease in Venezuela would mean — and how it compares with Chinese enclaves

jcarvallo4

Aug 2812 min read

Speed Is Not the Thesis: How to Read Anthropic's Numbers Before the IPO

Speed Is Not the Thesis: How to Read Anthropic's Numbers Before the IPO

Speed Is Not the Thesis: How to Read Anthropic's Numbers Before the IPO

jcarvallo4

Aug 247 min read

Mapping the Memory Supply Chain

Mapping the Memory Supply Chain

Mapping the Memory Supply Chain

jcarvallo4

Aug 146 min read

Memory Is the New Compute

Memory Is the New Compute

Memory Is the New Compute

jcarvallo4

Aug 1411 min read

Why Private Markets Are Becoming an Essential Allocation

Why Private Markets Are Becoming an Essential Allocation

Why Private Markets Are Becoming an Essential Allocation

jcarvallo4

Aug 18 min read

Why You Need an Expert Investment Advisor

Why You Need an Expert Investment Advisor

Why You Need an Expert Investment Advisor

jcarvallo4

Jul 274 min read

Why Trump Is Calm Heading Into the 2026 Midterms (Even With the House at Serious Risk)

Why Trump Is Calm Heading Into the 2026 Midterms (Even With the House at Serious Risk)

Why Trump Is Calm Heading Into the 2026 Midterms (Even With the House at Serious Risk)

jcarvallo4

Jul 244 min read

Is the Market Expensive? Earnings, Volatility, and the Capital Behind AI

Is the Market Expensive? Earnings, Volatility, and the Capital Behind AI

Is the Market Expensive? Earnings, Volatility, and the Capital Behind AI

jcarvallo4

Jul 177 min read

Understanding the Investment Advisor Role: A Guide for Entrepreneurs and Financial Professionals

Understanding the Investment Advisor Role: A Guide for Entrepreneurs and Financial Professionals

Understanding the Investment Advisor Role: A Guide for Entrepreneurs and Financial Professionals

jcarvallo4

Jun 294 min read

Juan Carvallo Finance Insights: Exploring His Expertise in Finance

Juan Carvallo Finance Insights: Exploring His Expertise in Finance

Juan Carvallo Finance Insights: Exploring His Expertise in Finance

jcarvallo4

Jun 293 min read

Goldman Sachs cuts recession risk: how to read Wall Street in June 2026

Goldman Sachs cuts recession risk: how to read Wall Street in June 2026

Goldman Sachs cuts recession risk: how to read Wall Street in June 2026

jcarvallo4

Jun 265 min read

Mastering Core Finance Strategies

Mastering Core Finance Strategies

Mastering Core Finance Strategies

jcarvallo4

Jun 234 min read

Oil: From the Hormuz Shock to a Possible 2027 Glut

Oil: From the Hormuz Shock to a Possible 2027 Glut

Oil: From the Hormuz Shock to a Possible 2027 Glut

jcarvallo4

Jun 195 min read

Elon Musk, One Step Away From Becoming History's First Trillionaire: SpaceX's Record IPO

Elon Musk, One Step Away From Becoming History's First Trillionaire: SpaceX's Record IPO

Elon Musk, One Step Away From Becoming History's First Trillionaire: SpaceX's Record IPO

jcarvallo4

Jun 123 min read

Why, after this analysis, I believe in SpaceX’s astronomical valuations

Why, after this analysis, I believe in SpaceX’s astronomical valuations

Why, after this analysis, I believe in SpaceX’s astronomical valuations

jcarvallo4

Jun 93 min read

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