Tags: ed easterling
Game Changer: Market Beware Slower Economic Growth
April 11th, 2013
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The headline across the financial press should read: "Grantham and Brightman Call Gross an Optimist." The irony is that last fall Bill Gross (PIMCO) reduced his long-term forecast for annual U.S. economic growth from the New Normal rate of 2% to 1.5%… more »
Stocks Increasingly Vulnerable to Earnings
April 10th, 2013
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THE BIG PICTURE The P/E ratio can be a good measure of the level of stock market valuation when properly calculated and used. In effect, P/E represents the number of years' worth of earnings that investors are willing to pay for stocks. Although we… more »
Crestmont Quarterly Review
October 13th, 2012
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CURRENT STATUS (Third Quarter 2012)by Ed Easterling, Crestmont Research The stock market rallied over the past quarter, increasing P/E further into the range of “fairly-valued.” P/E has returned to the same level as the end of the first quarter, whic… more »
The Secular Bear Has Only Just Begun
July 27th, 2012
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Secular bull markets are great parties. Investors arrive from secular bears really wanting to take the edge off. As the bull proceeds, above-average returns become intoxicating. By the time it is over, the past decade or two has delivered bountiful retur… more »
Is the End Near - Or Is It Different This Time?
July 29th, 2011
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Guest author: Ed Easterling, founder and President of Crestmont Research. Bio at end of the article. The end is near! Stock market history and earnings cycle history are converging. As a result, the market is likely to be down for the year 2011 or 2… more »
