The Pea Growth Narrative

Glen meet: We think t the pe growth narrative is looka if in one way it's a fact, but in the other way, it actually doesn't matter that much to investors. When you're growing up from a low base, odd that occurred during ta previous recession, your growth rate is going to hit levels that you just don't see during the regular portion of the cycle. This happens every single time we are coming out of a recession. It is a very regular recurring thing and something that actually, historically doesn't matter to markets once you get past it.