As information is added to the site, this page will list the significant additions and changes for returning visitors to quickly identify the new information. New developments are expected to be included periodically. Suggestions for new or expanded research initiatives are welcomed at: Info[at]CrestmontResearch.com, or via the Contact Form.
Updates and new additions will generally be posted quarterly, except following year-end when annual updates are posted monthly in sets during the first quarter.
Suggestions Welcome
at Info[at]CrestmontResearch.com
Note
The Crestmont Research website has undergone a series of upgrades. Financial Physics has been incorporated into the Stock Market tab as a separate section. In addition, the hedge fund field is no longer a core area of research and has been discontinued.
Please let us know if you find a broken or misdirected link, typos, issues with the site, or suggestions for enhancements.
Stock Market
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Through | Last
Update |
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| | Featured Items | | |
| Outlook: How Crestmont Research Forecasts | | |
| PONDERABLE | The Big Shift: A Secular Realignment of Profits and P/E | | |
| | Secular Stock Market Cycles | | |
| Understanding Secular Stock Market Cycles | | |
| Outlook: How Crestmont Research Forecasts | | |
| Are We There Yet? Secular Stock Market Cycle Status | | |
| Stock Market Matrix | Dec 2025 | Mar 7, 2026 |
| Secular Cycle Dashboard | Dec 2025 | Jan 19, 2026 |
| Secular Bear Example | | |
| Living Through the Last Secular Bear | | |
| Deja Vu | | |
| | Long-Term Returns | | |
| Where Did It Come From: Is the Trend Your Friend? | | |
| Components of Return | Dec 2025 | Jan 12, 2026 |
| Waiting for Average | | Apr 5, 2016 |
| Groundhog Decade for Stocks | | |
| Generation Returns | Dec 2025 | Jan 12, 2026 |
| Distorted Averages | Dec 2025 | Jan 12, 2026 |
| Gazing at the Future | Dec 2025 | Jan 12, 2026 |
| Stock Market Yo-Yo | Dec 2025 | Jan 12, 2026 |
| Must Be Present to Win (Or Lose?) | | |
| Shiller Shortfall | | |
| | Financial Physics | | |
| Crestmont’s Research: Putting It Together | Dec 2025 | Mar 3, 2026 |
| Financial Physics | Dec 2025 | Mar 3, 2026 |
| Dissecting Returns | | |
| | P/E Ratio | | |
| UPDATED | The P/E Summary (Quarterly) | Mar 2026 | Apr 14, 2026 |
| The P/E Report (Annual) | Dec 2025 | Jan 19, 2026 |
| The Truth About P/Es | | |
| P/E: Forward Operating Averages 12 | Dec 2025 | Mar 3, 2026 |
| Nightmare on Wall Street | 2016 | Feb 5, 2017 |
| P/E Ratios & Inflation | Dec 2025 | Jan 19, 2026 |
| P/E Ratio vs. Dividend Yield | Dec 2025 | Jan 12, 2026 |
| Natural Pinnacle to P/Es | | |
| | Earnings & Economy | | |
| Earnings Trends: History & Future | Dec 2025 | Jan 12, 2026 |
| Converging on the Horizon | 2015 | Feb 8, 2016 |
| EPS Reality | Dec 2025 | Mar 3, 2026 |
| It’s Not the Economy | Dec 2025 | Mar 3, 2026 |
| Beyond The Horizon: Redux 2011 | | |
| Back to the Horizon | | Dec 2008 |
| Beyond the Horizon | | |
| Siegel’s Shortfall | Dec 2020 | Apr 6, 2020 |
| | Market Volatility | | |
| UPDATED | Stock Market Volatility: An Erratic Cycle | Mar 2026 | Apr 14, 2026 |
| Stock Market Returns & Volatility | Dec 2025 | Jan 12, 2026 |
| Volatility in Perspective | Dec 2025 | Jan 12, 2026 |
| Calm Before the Storm | | |
| A Minsky Review | | |
| | Investment Implications | | |
| PONDERABLE | The Big Shift: A Secular Realignment of Profits and P/E | | |
| Serious Implications: Forecast Skew Over the Next Decade | | |
| FAVORITE | Reconciliation Principle: Returns & Forecasts Must Add Up | | |
| Exit from Wonderland | | |
| Half & Half: Why Rowing Works | Dec 2025 | Jan 12, 2026 |
| The Impact of Losses | | |
| Game Changer | | Apr 5, 2013 |
| Row, Not Sail | | |
| Portfolio Mismanagement | | |
| Markowitz Misunderstood | | |
| Destitute at 80: Retiring in Secular Cycles | | |
| Rowing vs. the Roller Coaster | | |
| Looming Crisis | | |
| Up & Down Capture Graph | Dec 2025 | Jan 19, 2026 |
| Up & Down Capture | Dec 2025 | Jan 19, 2026 |
| Impact of Rebalancing | | |
Interest Rates
| | | Updated
Through | Last
Update |
|---|
| | Interest Rate History | | |
| Bond Yields: Reasonable Expectations | Dec 2025 | Jan 19, 2026 |
| The Yield Curve, the Fed, & P/Es | Dec 2025 | Jan 19, 2026 |
| The 6/50 Rule | Dec 2025 | Jan 19, 2026 |
| The 10-Year Treasury Note | Dec 2025 | Jan 19, 2026 |
| Interest Rates & Inflation | Dec 2025 | Jan 19, 2026 |
| Dynamic History | 2017 | Feb 3, 2017 |
| | Investment Implications | | |
| Ladder in a Bear | 2024 | Jan 27, 2025 |
| Climb the Ladder | Dec 2025 | Jan 19, 2026 |
| Surfing the Roll | | |
| | Other | | |
| Grossly Misunderstood Debt | | |
