In the fall of 1981, the twenty-year US bond yield peaked slightly above 15% and has been zig zagging down through each successive business cycle since. During the last one...
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Good News Investors: Low Risk of Recession Today
New Highs for the Pring Turner Leading Indicator Suggests Low Risk of Recession Today Most severe stock market declines (-20% or more) have occurred during economic recessions....
When will Rising Rates Deliver a Knockout Blow to an Overvalued Stock Market?
A major anxiety amongst stock market participants revolves around two key factors that appear to be on a collision course. The first is an overvalued stock market. The second, is...
A Turn in the Tide: The Case for Rising Interest Rates
The purpose of this article is to make the case for a primary trend rise in yields. If this assumption turns out to be correct, it is within the realm of possibilities that this...
Stocks Are Breaking the Glass Ceiling: 6 Reasons to Be Bullish
At the beginning of 2000, I unsuccessfully submitted a bearish stock market article, A Turn of the Tide, to a well-known US financial publisher. At the time, in the middle of a...
The Win-Win Case for a Bull Market in Gold—Part I
For years I have always thought of the gold price as a discounting mechanism for inflation. In recent months though, the price has rallied sharply under what appears to be a...




