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# Pring Turner Financial

Fee-Only Financial Advisor Firm Walnut Creek CA

## Sitemaps

- [XML Sitemap](https://www.pringturner.com/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [2023 Summer Client Event!](https://www.pringturner.com/2023-summer-client-event-summary/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]You can watch the entire 70-minute event by clicking the play button below or keep reading for the executive summary.[/et_pb_text][et_pb_video src=”https://www.youtube.com/watch?v=LVdS3iNATvU” _builder_version=”4.21.0″ _module_preset=”default” locked=”off” global_colors_info=”{}”][/et_pb_video][et_pb_text admin_label=”Intro” _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid” locked=”off” global_colors_info=”{}”]Since our founding in
- [Certainly Uncertain](https://www.pringturner.com/certainly-uncertain/) - Markets rattled by oil and conflict? Pring Turner shares why staying calm and invested has rewarded disciplined investors for 49 years why 2026 is no different.
- [WILD RIDE TO NEW HIGHS!](https://www.pringturner.com/wild-ride-to-new-highs/) - Despite 2025’s turmoil, your portfolio stayed strong. Learn how quality, value, and income helped weather the storm and set the stage for growth.
- [Oil: Will the Price Spike Tip the Economy into Recession?](https://www.pringturner.com/oil-will-the-price-spike-tip-the-economy-into-recession/) - Oil prices jumped 30%, but is a recession certain? We use 70 years of data and the PTLEI to analyze if the current oil momentum has reached the "danger zone."
- [HAPPY OLD YEAR—HERE’S TO 2026!](https://www.pringturner.com/happy-old-year-heres-to-2026/) - Stay disciplined in 2026. As the bull market matures, learn how we’re trimming overvalued areas and reinvesting for growth and long-term stability.
- [STEADY AND STRONG STOCK MARKET PERFORMANCE](https://www.pringturner.com/steady-and-strong-stock-market-performance/) - Earnings growth, a supportive Fed, and our AIB™ back in growth mode—discover why Pring Turner sees continued opportunity ahead.
- [There Is an Eighth Member of the FOMC and His Name is Mr. Market](https://www.pringturner.com/there-is-an-eighth-member-of-the-fomc-and-his-name-is-mr-market/) - Mr. Market joins the FOMC. Discover why market forces—not just central banks—shape inflation, interest rates, and the economy’s direction
- [Mid-Year 2025 Market Outlook Transcript](https://www.pringturner.com/mid-year-2025-market-outlook-transcript/) - Pring Turner’s 2025 Mid-Year Outlook: Insights on market cycles, risk-managed investing, and how we’re navigating today’s uncertainty with discipline and care.
- [Looking Forward to the Second Half of 2024](https://www.pringturner.com/looking-forward-to-the-second-half-of-2024/) - Stock prices hit new highs despite volatility. Learn how strategic moves and quality investments are driving future growth in our latest market outlook
- [Navigating Inflation & Volatility: Mid-Year 2024 Market Outlook](https://www.pringturner.com/2024-mid-year-outlook/) - our indicators continue to show positive signals. Although we remain attentive to potential risks, our proprietary metrics suggest the outlook remains favorable
- [Unstoppa-Bull!](https://www.pringturner.com/unstoppa-bull/) - Discover why the bull market’s momentum remains strong despite global conflicts and election noise. See how our proven investment approach navigates uncertainty
- [2024: ANOTHER STRONG YEAR – WHAT’S AHEAD?](https://www.pringturner.com/2024-another-strong-year-whats-ahead/) - Explore 2024's market performance, 2025's financial outlook, and strategies to navigate challenges while seizing investment opportunities ahead.
- [Navigating Volatility in 2025](https://www.pringturner.com/navigating-volatility-in-2025/) - Market volatility is back—what’s driving it, and what should investors do? Explore historical trends, key insights, and opportunities in our latest update
- [Stability Through A Rough Stretch](https://www.pringturner.com/stability-through-a-rough-stretch/) - Value stocks rose while the Mag-7 fell. Your portfolio stayed strong in Q1 despite volatility—see why we remain optimistic.
- [Retirement Investing Isn’t One-Size-Fits-All](https://www.pringturner.com/retirement-investing-isnt-one-size-fits-all/) - Passive investing feels easy—until a downturn hits. In retirement, active risk management can help protect your income and peace of mind!
- [Mid-Year 2025 Market Outlook](https://www.pringturner.com/mid-year-2025-market-outlook/) - Pring Turner’s 2025 Mid-Year Outlook: Insights on market cycles, risk-managed investing, and how we’re navigating today’s uncertainty with discipline and care.
- [Why a Firming  in the CPI May be Closer Than You Think](https://www.pringturner.com/why-a-firming-in-the-cpi-may-be-closer-than-you-think/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Page 1″ _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”20px” text_orientation=”justified” locked=”off” global_colors_info=”{}”]Last April, we wrote an article entitled “Why the Fed May Be Forced to Raise rates, Not Lower Them”. At first glance, our conclusion might appear off the mark. After all, the
- [Is the Bond Pendulum Set to Swing Yields Higher?](https://www.pringturner.com/bond-pendulum-set-to-swing-yields-higher/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”left” border_style=”solid”]The chart of the month (below) compares the 10-year U.S. Treasury yield to its 12-month ROC. This oscillator is like a pendulum of a clock as it is continually swinging between an overstretched overbought +25% reading to a -25% oversold one. The arrows
- [Beyond Salary: Negotiate Your Best Benefits Package](https://www.pringturner.com/beyond-salary-benefits-negotiation/) - Understanding how to select and negotiate your best benefits package can make all the difference in achieving your professional and personal goals: learn how!
- [Five Ways to Build Generational Wealth](https://www.pringturner.com/five-ways-to-build-generational-wealth/) - Uncover five secrets to building generational wealth and leaving a legacy for your loved ones.
- [Springing Forward to New All-Time Highs!](https://www.pringturner.com/springing-forward-to-new-all-time-highs/) - Discover why stock prices are reaching new all-time highs, the potential for a market breather, and strategies for portfolio stability. Dive in now.
- [It's All About Interest Rates](https://www.pringturner.com/its-all-about-interest-rates/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Page 1″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”]This year continues to be one of the worst years for stocks and bonds combined. After kicking off the quarter with a vigorous rally, stock prices reversed direction and finished near the market low for
- ["It's Only When the Tide Goes Out..."](https://www.pringturner.com/its-only-when-the-tide-goes-out/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_testimonial _builder_version=”4.20.4″ _module_preset=”default” body_font_size=”20px” text_orientation=”justified” global_colors_info=”{}”]Despite alarming news stories, our leading economic and market indicators are now pointing towards improving conditions and upside opportunities.[/et_pb_testimonial][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” text_orientation=”justified” global_colors_info=”{}”]Although stocks experienced a strong rally from October to early February, they struggled
- [Your 10-Step Guide to Business Ownership](https://www.pringturner.com/your-guide-to-business-ownership/) - Becoming a business owner can be both exhilarating and challenging. And with the right approach, you could be unstoppable!
- [A 5-Step Guide to Securing Your Family's Future](https://www.pringturner.com/5-step-guide-to-secure-your-familys-future/) - Here are five steps to get you started your estate planning journey - the roadmap to caring for your loved ones even when you're not around.
- [Why Income Matters in Your Investment Strategy](https://www.pringturner.com/why-income-matters/) - If you want a well-rounded investment portfolio with dividend paying stocks that outpace inflation, make sure to consider income as part of the picture.
- [Nurturing Wealth: The Financial Footprint of Parenting](https://www.pringturner.com/the-financial-footprint-of-parenting/) - The way we parent can have a profound impact on how our children perceive and manage money throughout their lives.
- [Beyond Index Funds: The Power of Individual Stock Investing](https://www.pringturner.com/the-power-of-individual-stock-investing/) - There could be a place for both index funds AND individual stocks in your investment portfolio. Here's a few reasons why!
- [Tricks of the Trade: Six Tax Savvy Moves](https://www.pringturner.com/six-tax-savvy-moves/) - Savvy investors, the world of tax planning is riddled with opportunities. Here are six ways to keep more of your hard-earned money in your pocket!
- [Passive or Active: The Roadmap to Investment Success Revealed](https://www.pringturner.com/passive-or-active-the-roadmap-to-investment-sucess/) - Explore the pros and cons of passive 'set and forget' vs. active risk management in investment strategies. Uncover the hidden challenges of bear markets.
- [Will 2024 be 1968 Déjà Vu All Over Again?](https://www.pringturner.com/will-2024-be-1968-deja-vu-all-over-again/) - Unlock insights into market trends Analyzing parallels between 1968 and 2024, this article guides investors through potential shifts and strategic opportunities
- [Elevate Your Tax Game: The Art of Above-the-Line Deductions](https://www.pringturner.com/the-art-of-above-the-line-deductions/) - Navigate the world of tax planning like a pro! Learn the art of above-the-line deductions to better reduce your tax liability.
- [Reaching New All-Time Highs!](https://www.pringturner.com/reaching-new-all-time-highs/) - Explore the economic shift, Dow Jones highs, and a Goldilocks Economy. Discover insights on inflation, market resilience, and the Federal Reserve's role.
- [Uncommon Cents: Proactive Investing in Inflationary Times](https://www.pringturner.com/uncommon-cents-proactive-investing-in-inflationary-times/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text #1″ _builder_version=”4.23.4″ _module_preset=”default” text_orientation=”justified” global_colors_info=”{}”]IT’S BACK…..! He sat down on the edge of his chair. His voice quavered and eyes moistened as he began talking. “Mister Turner, I thought I had it all planned out so very well.
- [The Bull Market Has Just Been Refreshed: Where Does it Go from Here?](https://www.pringturner.com/the-bull-market-has-just-been-refreshed-where-does-it-go-from-here/) - Explore the refreshed bull market and its potential trajectory a technical perspective. Discover key indicators and reasons to remain bullish in this ianalysis.
- [The Pause That Refreshes](https://www.pringturner.com/a-pause-that-refreshes/) - Explore the potential for stock market recovery in the face of economic challenges. Find investment opportunities and reasons to stay optimistic.
- [A Soft-Landing Scenario Gains More Adherents but How Long Will it be Viable?](https://www.pringturner.com/a-soft-landing-scenario-gains-more-adherents-but-how-long-will-it-be-viable/) - Fee-Only Financial Advisor Firm Walnut Creek CA
- [Rolling Right Along](https://www.pringturner.com/rolling-right-along/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_testimonial _builder_version=”4.21.0″ _module_preset=”default” body_font_size=”20px” text_orientation=”justified” locked=”off” global_colors_info=”{}”]Bottom line: while stock prices may take a short-term breather, we expect your portfolio to keep rolling right along.[/et_pb_testimonial][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” text_orientation=”justified” locked=”off” global_colors_info=”{}”]This past quarter, stock prices continued to advance as concerns about
- [Transitioning from Secular Bull to Bear?  We Present, You Decide!](https://www.pringturner.com/transitioning-from-secular-bull-to-bear-we-present-you-decide/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Intro” _builder_version=”4.21.0″ _module_preset=”default” text_orientation=”justified” locked=”off” global_colors_info=”{}”]​Secular trends in inflation adjusted equities average between 15 and 20 years. Since such price movements embrace a number of business cycles, identification of a reversal usually requires several years. If 2022 was the
- [A Funny Thing Happened on the Way to the Recession](https://www.pringturner.com/funny-thing-happened-on-the-way-to-the-recession/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Intro” _builder_version=”4.19.5″ _module_preset=”default” text_orientation=”justified” global_colors_info=”{}”]Last year presented us with the largest consensus of economists forecasting an imminent recession that we ever recall. Contrary opinion theory says that when people start to think alike it is time to look in
- [2023 - A Transition Year](https://www.pringturner.com/2023-a-transition-year/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Page 1/1″ _builder_version=”4.19.4″ _module_preset=”default” text_font=”|600|||||||” quote_text_color=”#013088″ text_orientation=”justified” global_colors_info=”{}”]Investors faced a minefield of problems in 2022. The year began with the S&P 500 stock index at all-time highs. Then Russia invaded Ukraine. Oil, along with most consumer prices, continued to
- [An Opportunity for Higher Cash Returns: Introducing the U.S. Treasury Money Fund](https://www.pringturner.com/opportunity-for-higher-cash-returns/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.19.5″ _module_preset=”default” text_orientation=”justified” global_colors_info=”{}”]Investing in a high quality and low-risk portfolio while maximizing returns is always our top priority. With this in mind, we would like to share the details of a purchased money market fund that could help
- [2022 Fall Client Event!](https://www.pringturner.com/2022-fall-client-event-summary/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_video src=”https://youtu.be/uon_hkvhnYA” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][/et_pb_video][et_pb_text admin_label=”Intro” _builder_version=”4.18.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid” locked=”off” global_colors_info=”{}”]This year marks Pring Turner’s 45th year of helping clients protect and grow their wealth. Over the decades, we have successfully helped our clients navigate through many
- [Survivor](https://www.pringturner.com/survivor/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”4.16″ height=”2px” hide_on_mobile=”on” global_colors_info=”{}” theme_builder_area=”post_content”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.17.6″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid” global_colors_info=”{}” theme_builder_area=”post_content”]Survivor is the title of an ever-popular reality television series, where a group of contestants are stranded in a
- [Are You Prepared for A Possible Lost Decade Ahead?](https://www.pringturner.com/are-you-prepared-for-a-possible-lost-decade-ahead/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Page 1″ _builder_version=”4.17.6″ text_orientation=”justified” border_style=”solid” global_colors_info=”{}”]Growing Evidence the Secular Trend in Stock Prices May be Reversing While it is true in the very long run stocks go up, it is also true that secular bear markets are a fact
- [Download the Pring Turner App Today!](https://www.pringturner.com/black-diamond-portal-experience/) - [et_pb_section fb_built=”1″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_video src=”https://youtube.com/watch?v=2R71s9aTadI” image_src=”//i.ytimg.com/vi/2R71s9aTadI/hqdefault.jpg” _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][/et_pb_video][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”]The Pring Turner App can be downloaded at both the Apple and Android (Google Play) stores.[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]
- [The Bursting of the Tech and Bitcoin Bubbles—Part II](https://www.pringturner.com/the-bursting-of-the-tech-and-bitcoin-bubbles/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Page 1″ _builder_version=”4.17.3″ text_orientation=”justified” border_style=”solid” global_colors_info=”{}”]In March of last year, I wrote an article entitled “Timing the End of the Tech and Bitcoin Bubbles”. The conclusion for Bitcoin was that it was indeed in a bubble but that there
- [Bumpy Quarter For Most Investors, But You Weathered the Storm Well](https://www.pringturner.com/bumpy-quarter-for-most-investors-but-you-weathered-the-storm-well/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”4.16″ height=”2px” hide_on_mobile=”on” global_colors_info=”{}”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.17.1″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” hover_enabled=”0″ border_style=”solid” global_colors_info=”{}” sticky_enabled=”0″]The first quarter of 2022 proved to be a real challenge for investors. A mid-quarter 13% stock market plunge was particularly rough.
- [Burglar or Bank Robber? Time to Watch Your Wallet and Stock Portfolio!](https://www.pringturner.com/time-to-watch-your-stock-portfolio/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.15″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.15″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.15″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Page 1″ _builder_version=”4.15.1″ text_orientation=”justified” border_style=”solid” global_colors_info=”{}”]In October 2021, we made the case for a new secular commodity bull market and concluded that this environment would likely spill back into the economy and stock market. That process is already underway,
- [A Step Ahead of the Business Cycle: Recap 2022 Client Event!](https://www.pringturner.com/2022-client-event-summary/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Intro” _builder_version=”4.14.8″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid” locked=”off” global_colors_info=”{}”]This year, we celebrate 45 years in business and could not be more proud of this team and are honored to have worked with some of the best clients. YOU are
- [45 Years - Quality. Stability. Confidence.](https://www.pringturner.com/45years-quality-stability-confidence/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”4.9.9″ height=”2px” hide_on_mobile=”on” global_colors_info=”{}”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.14.7″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid” global_colors_info=”{}”]Congratulations! We are pleased to report 2021 was a strong year! In fact, stocks have now advanced over the last seven consecutive quarters! This
- [A Golden Way to Protect Yourself from Inflation](https://www.pringturner.com/golden-way-to-protect-yourself-from-inflation/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”4.9.9″ height=”2px” hide_on_mobile=”on” global_colors_info=”{}”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.14.6″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid” global_colors_info=”{}”]Wow, in 2021 inflation surged to its highest rate in 40 years! This might not be a huge shock if you shop for groceries
- [Impending Super Cycle Commodity Signal Argues Against Transitory Inflation](https://www.pringturner.com/impending-super-cycle-commodity-signal-argues-against-transitory-inflation/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Page 1″ _builder_version=”4.11.3″ text_orientation=”justified” border_style=”solid” global_colors_info=”{}”]Aging demographics, technological innovation and an ever -expanding debt overhang are three reasons why inflation has been largely kept under wraps in the last three decades. They are still relevant, so why not extrapolate
- [Worries, Worries, Worries... And Reasons to Stay Optimistic!](https://www.pringturner.com/worries-worries-worries-and-reasons-to-stay-optimistic/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”4.9.9″ height=”2px” hide_on_mobile=”on” global_colors_info=”{}”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.11.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid” global_colors_info=”{}”]Summer doldrums plagued the markets as stocks traded in an erratic price range that became especially volatile as the quarter ended. Investors turned more
- [Grateful for the first half... Gains likely to Moderate Ahead](https://www.pringturner.com/gains-likely-to-moderate-ahead/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”4.9.9″ height=”2px” hide_on_mobile=”on”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.9.9″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid”]The stock market continued its blistering rally off of the pandemic lows set in March 2020. Indeed, gains were achieved in the last five consecutive quarters—an extraordinary winning streak!
- [What A Difference A Year Makes](https://www.pringturner.com/what-a-difference-a-year-makes/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”4.9.4″ height=”2px” hide_on_mobile=”on”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.9.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid”]It is hard to imagine that only one year ago investors braced themselves for Armageddon as the Covid pandemic and related lockdowns suddenly gripped the world. Stock prices, reflecting
- [Adding to Gains](https://www.pringturner.com/adding-to-gains/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”3.23.4″ height=”2px” hide_on_mobile=”on”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.9.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid”]Economic growth is chugging right along on a slow but steady path higher, supporting the positive investment backdrop. Furthermore, the Federal Reserve implemented a “midcycle adjustment to policy” by
- [A Viral Storm - That Will Pass](https://www.pringturner.com/viral-storm-that-will-pass/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”3.23.4″ height=”2px” hide_on_mobile=”on”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid”]Considering the exceptional portfolio returns earned in 2019 and improving economy as this year began, this virus-induced stock market collapse has been a gut-wrenching time for all of us.
- [Best Year This Century!](https://www.pringturner.com/best-year-this-century/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”3.23.4″ height=”2px” hide_on_mobile=”on”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.9.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid”]Happy New Decade! We are pleased to report you finished the year with a very strong performance. Congratulations! What’s Next in 2020? We caution against extrapolating last year’s strong
- [Climbing the "Wall of Worry"](https://www.pringturner.com/climbing-the-wall-of-worry/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”3.23.4″ height=”2px” hide_on_mobile=”on”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.9.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” hover_enabled=”0″ border_style=”solid” sticky_enabled=”0″]Stock and bond prices added to strong first quarter gains! The gains were briefly interrupted in May when stock prices corrected due, in part, to several troublesome
- [Surging Toward New All-Time Highs](https://www.pringturner.com/surging-toward-new-all-time-highs/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”3.23.4″ height=”2px” hide_on_mobile=”on”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.9.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid”]Wow! The first three months of market returns sure made a nice year for investors! As we pointed out in the January newsletter, “Our strong belief is that this
- [The Economy is Strong, But...](https://www.pringturner.com/the-economy-is-strong-but/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”3.23.4″ height=”2px” hide_on_mobile=”on”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.9.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid”]The stock market caught a second wind during the summer months. After a wild roller coaster ride in the first half of the year, stock indexes finally cleared their
- [Strong Quarter, Staying Positive](https://www.pringturner.com/strong-quarter-staying-positive/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”3.27.4″ text_font_size=”8″ border_style=”solid”]Photo by Jungwoo Hong on Unsplash[/et_pb_text][et_pb_divider show_divider=”off” disabled_on=”on|on|off” admin_label=”Divider” _builder_version=”3.23.4″ height=”2px” hide_on_mobile=”on”][/et_pb_divider][et_pb_text admin_label=”Page 1-1″ _builder_version=”4.9.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” border_style=”solid”]The stock market grew nicely this quarter, despite fears of possible trade wars, higher interest rates and interim bouts of volatility. A rather noisy
- [Key Questions to Ask When Selecting a Financial Advisor](https://www.pringturner.com/key-questions-to-ask-when-selecting-a-financial-advisor/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Key Questions to Ask When Selecting A Financial Advisor” _builder_version=”4.9.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ border_style=”solid” sticky_enabled=”0″]Selecting the right financial advisor for you is one of the most important financial decisions you will make in your lifetime. Interviewing and hiring the right financial
- [Zigzagging Continues](https://www.pringturner.com/zigzagging-continues/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Intro” _builder_version=”4.9.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” sticky_enabled=”0″]As mentioned in our July client letter we suggested the stock market correction that began in May was likely only partially over. We stated “over the next few weeks there will be additional
- [Volatility Resumes... What's Next For Investors?](https://www.pringturner.com/volatility-resumes-whats-next-for-investors/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Intro” _builder_version=”4.9.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” sticky_enabled=”0″]Temporary stock market declines are a normal fact of life for investors. Over the past eight decades, the S&P 500 index has averaged over 3 declines of 5% or more every year and
- [New Year, New Milestones, Same Investment Challenges!](https://www.pringturner.com/new-year-new-milestones-same-investment-challenges/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Intro” _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Fourth quarter financial markets experienced a slight decline, buffeted by election uncertainties, followed closely by year end ‘fiscal cliff’ brinksmanship. What a way to run the nation’s finances! However, markets started the year on a
- [Another All-Time High](https://www.pringturner.com/another-all-time-high/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Business Cycle Outlook” _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Business Cycle Outlook This business cycle continues to make slow progress. This slow recovery is typical of economic expansions that develop after experiencing deep financial crises such as the painful 2008-2009 melt-down. Decision-makers
- [Pring Turner Approach to Business Cycle Investing](https://www.pringturner.com/pring-turner-approach-to-business-cycle-investing/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Intro” _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]The heart of our investment approach focuses on business cycle associated trends for bonds, stocks and commodities and is based on two observations. First, there is a rhythm to typical business activity that has
- [Spring Stock Market Update - Driving A Slow Speed](https://www.pringturner.com/spring-stock-market-update-driving-a-slow-speed/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Page 1″ _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Spring Stock Market Update – Driving a Slow Speed Summary of Webinar from March 16th, 2016 This client webinar, offered an update on our current thinking and explanation of recent portfolio actions. Specifically,
- [Good Riddance 2020, Happy New Year](https://www.pringturner.com/good-riddance-2020-happy-new-year/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_divider admin_label=”Divider” divider_style=”solid” divider_position=”top” hide_on_mobile=”on” height=”2″ _builder_version=”3.0.51″ /][et_pb_text admin_label=”Page 1-1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]Stocks enjoyed a solid quarterly performance, which added to the very strong recovery from March’s major market low. While 2020 started off on a smooth growth trajectory, nobody could have predicted what
- [Five Charts that Make the Case for a Bull Market in Commodities](https://www.pringturner.com/five-charts-that-make-the-case-for-a-bull-market-in-commodities/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]A year ago, as the economy was emerging from its third slowdown following the financial crisis, commodity prices looked set to move higher. However, due to the pandemic lockdown, the global economy abruptly fell into recession and commodity prices quickly collapsed. Today,
- [Increasingly Positive Outlook!](https://www.pringturner.com/increasingly-positive-outlook/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_divider admin_label=”Divider” divider_style=”solid” divider_position=”top” hide_on_mobile=”on” height=”2″ _builder_version=”3.0.51″ /][et_pb_text admin_label=”Page 1-1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]In ways that nobody could have imagined, 2020 has been a highly turbulent year and certainly one for the history books. The longest economic expansion in U.S. history ended early in the
- [Five Reasons for Being Bullish Despite a 60% Advance](https://www.pringturner.com/five-reasons-for-being-bullish-despite-an-advance/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]The S&P Composite has rallied close to 60% since late March, making a historic and remarkable round trip in a short period of time. You would think that after such a move it would make sense to anticipate a significant retracement. From
- [A Welcome Market Rally... But Caution Still Warranted!](https://www.pringturner.com/a-welcome-market-rally-but-caution-still-warranted/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_divider admin_label=”Divider” divider_style=”solid” divider_position=”top” hide_on_mobile=”on” height=”2″ _builder_version=”3.0.51″ /][et_pb_text admin_label=”Page 1-1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]Despite troubling headlines of ongoing virus concerns and terrible unemployment numbers, the stock market pivoted direction in late March and embarked on its best quarterly performance since 1998. In our view, the
- [The May Employment Report was a Blowout but What’s Next?](https://www.pringturner.com/employment-report-blowout-but-whats-next/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]Where Have We Been? Back in February the stock market registered new highs. At the same time, several of the leading indicators we follow were tentatively signaling the emergence of the economy from its third growth slowdown since the financial crisis. Along
- [Financial Market Update](https://www.pringturner.com/financial-market-update/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]We continue to monitor the economic situation and where appropriate are making adjustments to your investments. This video update (click here to watch) is designed to keep you informed on the decision making process we are utilizing to navigate your portfolio through the
- [Economy Drops at an Unprecedented Rate but Could be Close to an Upside Reversal](https://www.pringturner.com/economy-drops-unprecedented-rate/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]Chart 1 below compares the S&P to our Master Economic Indicator (MEI). It combines the momentum of six leading economic indicators and comes into its own when economic activity causes it to drop below the -40% level and then moves back above
- [2018, A YEAR OF EXTREMES…WHAT’S AHEAD FOR 2019?](https://www.pringturner.com/2018-a-year-of-extremes/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_divider admin_label=”Divider” divider_style=”solid” divider_position=”top” hide_on_mobile=”on” height=”2″ _builder_version=”3.0.51″ /][et_pb_text admin_label=”Page 1-1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]2018 started off with a very strong January for stock investors and finished with December being one of the weakest months in many years! Indeed, this was a year of extremes despite
- [Continued Volatility](https://www.pringturner.com/continued-volatility/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_divider admin_label=”Divider” divider_style=”solid” divider_position=”top” hide_on_mobile=”on” height=”2″ _builder_version=”3.0.51″ /][et_pb_text admin_label=”Page 1-1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]In light of the dramatic stock market sell off we wanted to bring you up to date on our thinking. In our most recent update we reported many short-term technical market indicators
- [Our Business Cycle Work is Close to signaling a Stage III. Guess Which Market That’s Bullish for?](https://www.pringturner.com/business-cycle-stage-3-which-market-bullish-for/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]A large part of the Pring Turner investment approach is derived from the fact that the business cycle is nothing more or less than a repetitive chronological sequence of events. The cycle begins with a bottoming in the interest sensitive housing industry
- [Recession Watch Update: Four Leading Economic Indicators Signal a Stronger Economy Ahead](https://www.pringturner.com/recession-watch-update-four-leading-economic-indicators-signal-a-stronger-economy-ahead/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]Even though we have already experienced the longest expansion on record, the latest data suggest the possibility of a resurging level of business activity as the economy emerges from its third post 2009 slowdown. As a follow-up to our July article, Recovery
- [Our LEI Hits a New High](https://www.pringturner.com/pring-turner-lei-hits-a-new-high/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]The Pring Turner Leading Economic Indicator (LEI) comprises a weighted ROC for three key economic sectors and a financial one. These are construction, consumer spending, employment and the stock market. It has led every recession since its inception in the 1950’s. To be
- [The Stock Market Beach Ball](https://www.pringturner.com/stock-market-beach-ball/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”left” border_style=”solid”]If you have ever gone to the beach or played in a pool and pushed a beach ball under water, you can appreciate how we associate current stock market conditions with that beach ball. When the ball is pushed under water, pressure begins
- [Pring Turner Partners with the Association of Financial Educators](https://www.pringturner.com/pring-turner-partners-with-the-association-of-financial-educators/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]For Immediate Release Pring Turner, a financial advisory firm headquartered in Walnut Creek, CA, is proud to announce a new partnership with the Association of Financial Educators (AFE). Begun in 2007 with the goal of empowering individuals to take control of their financial
- [Meeting Warren Buffett         ...'s Barber](https://www.pringturner.com/meeting-warren-buffett-barber/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]My reflections from the 2019 Berkshire Hathaway Annual Meeting You would think that helping our client families with their financial plans and investment management would be enough to satisfy my investing obsession: wrong! As my wife (Genna) can fully attest, I am a
- [Recovery or Recession? Ask the Stock Market Stupid!](https://www.pringturner.com/recovery-or-recession-ask-the-stock-market-stupid/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]Even though there has been no recession for 10 years, students of the business cycle know that it is still alive and well. Instead of a full-blown contraction in business activity, the last decade has seen the US economy experience two mid-cycle
- [Latest Housing Data Offers Some Green Shoots](https://www.pringturner.com/latest-housing-data-offers-some-green-shoots/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”left” border_style=”solid”]The Wells Fargo Housing Sentiment normally peaks well before recessions. It typically coincides or leads housing starts and is poised to break out to new high territory. A KST (smoothed long-term momentum) uptick and a trendline break by the price oscillator suggests it
- [Wanna Play A Game?](https://www.pringturner.com/wanna-play-a-game/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]Would you rather be given $5,281 or $1,000? But here is the catch… If you are a Netflix enthusiast like me, you have probably seen the trailer for, You vs. Wild. It’s a new interactive series where you and Bear Grylls complete epic
- [A Simple Cure for High Taxes](https://www.pringturner.com/a-simple-cure-for-your-high-taxes/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]You worked hard for your money. Tax-advantaged accounts can help you save more of it. In November 1789, Benjamin Franklin wrote to Jean-Baptiste Le Roy, his French scientist and friend, about the recently revised government in the United States. He stated that, “Our
- [3 Simple Steps to Become a Millionaire](https://www.pringturner.com/3-simple-steps-to-become-a-millionaire/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]Do you want to be a Millionaire? I sure hope so, and don’t for one second ever feel bad about it! Remember money is not all about consumption. It doesn’t mean you have to quit your job or retire altogether; it just means
- [My-IPO: What Does Your Company's IPO Mean for You?](https://www.pringturner.com/my-ipo-what-does-your-companys-ipo-mean-for-you/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]According to the Chinese Zodiac, 2019 is the year of the Pig. However, in the San Francisco Bay Area, 2019 is actually the year of the Unicorn. As you have probably already heard, several high-profile Unicorns (Lyft, Uber, Airbnb, Slack, Pinterest, Zoom, and
- [2019 Stock Market Overview with TSAA - SF](https://www.pringturner.com/2019-stock-market-overview-with-tsaa-sf/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]Joe Turner was the guest speaker at the San Francisco Technical Securities Analysts Association webinar on January 10, to present his 2019 financial market outlook. The TSAA – SF is the oldest society dedicated to helping investors become more knowledgeable and profitable through
- [Using Dr. Copper to Check the Pulse of the Global Economy](https://www.pringturner.com/using-dr-copper-to-check-the-pulse-of-the-global-economy/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]Holy cow! This economy is on fire; witness the second quarter U.S. GDP growth rate of 4.1%. Is it sustainable or a just a temporary spurt? It’s often said that the Copper price has a PHD in economics, because of its widespread
- [A Slowdown is in the Bag, but What About a Recession?](https://www.pringturner.com/slowdown-is-in-the-bag-but-what-about-a-recession/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]There is little doubt that the US economy is in a state of slowdown. That’s actually a good thing, because it offers some time to pause and refresh, thereby postponing either a recession, overheating or both. These pauses perform the same function
- [Whatever Happened to the Business Cycle?](https://www.pringturner.com/whatever-happened-to-the-business-cycle/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]July 2018 will mark the 108th month of the economic recovery, making it the second longest expansion in history. Another 12-months or so and it will be the longest ever. Moreover, the consensus of economists foresees little trouble ahead. As of May
- [Webinar: How to Earn Better Returns with Less Risk](https://www.pringturner.com/webinar-how-to-earn-better-returns-with-less-risk/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_cta admin_label=”Call To Action” _builder_version=”3.0.51″ button_text=”Watch a Recording of the Webinar” url_new_window=”off” use_background_color=”on” background_layout=”dark” border_style=”solid” custom_button=”off” button_letter_spacing=”0″ button_icon_placement=”right” button_letter_spacing_hover=”0″ button_url=”https://register.gotowebinar.com/register/7600630703993563393″ /][et_pb_image admin_label=”Image” _builder_version=”3.0.51″ src=”https://www.pringturner.com/wp-content/uploads/2018/02/High-Quality-vs-Low-Quality-30-Year-Table.png” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” sticky=”off” align=”left” always_center_on_mobile=”on” border_style=”solid” force_fullwidth=”off” url=”https://register.gotowebinar.com/register/7600630703993563393″ /][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”left” border_style=”solid”]High Quality = Better Returns + Less Risk Click to
- [The Holy Grail Investment Formula - Part 1](https://www.pringturner.com/the-holy-grail-investment-formula-part-1/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]High Quality = Better Returns + Less Risk and Financial Peace of Mind What would you do if I handed you a map to the Holy Grail of investing? Would you toss it in the trash because Nobel Laureate economists say it’s
- [The Holy Grail Investment Formula - Part 2](https://www.pringturner.com/the-holy-grail-investment-formula-part-2/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Pre-Table 1″ _builder_version=”3.0.51″ background_layout=”light” text_orientation=”justified” border_style=”solid”]In my last post, The Holy Grail Investment Formula – Part 1, we came to the conclusion that if you focus your investments in high quality (wonderful) businesses you can earn better returns than investing in low quality companies. However to borrow
- [Staying Positive: It's Likely Just a Correction](https://www.pringturner.com/staying-positive-its-likely-just-a-correction/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1-1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]Volatility returned to the markets during the first quarter and stocks are experiencing their first significant correction in well over a year. Indeed, the last two months are a reminder that markets go through periods of weakness, despite last
- [Webinar- Volatility Returns: Is There More Life Left in this Bull Market?](https://www.pringturner.com/webinar-volatility-returns-is-there-more-life-left-in-this-bull-market/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_cta admin_label=”Call To Action” _builder_version=”3.0.51″ button_text=”Click Here To Watch the Recording” url_new_window=”off” use_background_color=”on” background_layout=”dark” border_style=”solid” custom_button=”off” button_letter_spacing=”0″ button_icon_placement=”right” button_letter_spacing_hover=”0″ button_url=”https://register.gotowebinar.com/register/8824756579801967873″ /][et_pb_image admin_label=”Image” _builder_version=”3.0.51″ src=”https://www.pringturner.com/wp-content/uploads/2018/03/Volatility2.png” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” sticky=”off” align=”left” always_center_on_mobile=”on” border_style=”solid” force_fullwidth=”off” /][et_pb_text admin_label=”Text” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”left” border_style=”solid”]Stocks are experiencing their first significant correction after a steady 15
- [The Big Blow-off Before the Big Blow-out?](https://www.pringturner.com/a-risky-stock-market-is-likely-to-get-more-risky/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Pre Chart 1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]US stock prices are currently reflecting an exceptionally high level of confidence. Certainly much higher than when we wrote our August 2016 article Stocks Are Breaking the Glass Ceiling: 6 Reasons to be Bullish. Hard evidence of this
- [Reducing Investment Risk To A Safer Portfolio Speed](https://www.pringturner.com/reducing-investment-risk-to-a-safer-portfolio-speed/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]The summer quarter for the stock market started out in promising fashion but unexpected news of China’s currency devaluation abruptly reversed any positive momentum and psychology. Suddenly, continuous overnight news of China’s plunging stock market stoked investor fears around the globe. The U.S. stock market was
- [Bond Investment Ladder: Reduces Interest Rate Risk While Providing Income](https://www.pringturner.com/bond-investment-ladder-reduces-interest-rate-risk-while-providing-income/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]With interest rates at generational low levels, investment advisors face two distinct dilemmas. How to: 1) safely generate additional investment income, and 2) do this while retaining the flexibility to adapt to rising interest rates in the future? A tool we think makes sense to
- [Pring Turner Ranked #1 Venerated Voice for 2015](https://www.pringturner.com/pring-turner-ranked-1-venerated-voice-for-2015/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Venerated Voices” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Since its beginning 39 years ago, Pring Turner has placed great emphasis and value on educating our clients and the investor community. We designed this blog to uphold that value and continue sharing our knowledge, insights and experience with you. We are all on a
- [Keep Your Investment Seat Belts Fastened](https://www.pringturner.com/keep-those-seat-belts-fastened/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1 Text” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]In our October Newsletter, Reducing Risk to a Safer Portfolio Speed, we explained how stock market driving conditions were more hazardous and why it was prudent to maintain a conservative investment posture. We were confident the defensive stance would be a sound decision, but
- [Streamers: The Low Risk Gold Investment](https://www.pringturner.com/streamers-the-low-risk-gold-investment/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1-2″ background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]“A mine is a hole in the ground with a fool at the bottom and a crook at the top.” – Mark Twain In May we laid out the case that a new cyclical bull market in gold had begun – Win-Win Case for a
- [Meeting the Investment Challenges](https://www.pringturner.com/meeting-the-challenges/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Summary” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Summary Our typical portfolio was well positioned and, despite the many challenges, performed nicely with attractive returns. We take comfort in relying on time tested market models, or barometers, to smooth the ride through these challenging periods. You can sleep easier knowing the higher quality levels
- [Stocks Are Breaking the Glass Ceiling: 6 Reasons to Be Bullish](https://www.pringturner.com/stocks-are-breaking-the-glass-ceiling-6-reasons-to-be-bullish/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]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 market mania, my contrarian warning was unwelcome. Ironically, it was later carried by
- [Election 2016: 7 Crucial Investment Questions Answered](https://www.pringturner.com/election-2016-staying-a-step-ahead-of-your-investments/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Pre Stock Speedometer Text” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Our Investment Advisory clients experienced nine months of solid performance despite numerous stiff headwinds in 2016. The headwinds started in the opening weeks of the year with a vicious stock market selloff, Brexit related volatility in June, still sputtering economy and election year
- [Active vs. Passive Investment Strategies: Which is Right for You?](https://www.pringturner.com/active-vs-passive-investment-strategies-which-is-right-for-you/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Academics and investors have debated over the superiority of a passive investment strategy versus an active investment approach for years. First, let’s clear up the confusion surrounding active investing. As fee-only investment advisors we believe “active” is best defined as meaning active risk-management. With nearly 50
- [4 Easy Steps To Protect Yourself From Financial Cyberfraud](https://www.pringturner.com/4-easy-steps-to-protect-yourself-from-financial-cyberfraud/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”page 1 pre picture” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]A while ago, our Walnut Creek investment office received an email from a client who wanted to know their account balance and requested a large money wire transfer to a third party. At first glance, this appeared like a normal request, did it not?
- [A Turn in the Tide: The Case for Rising Interest Rates](https://www.pringturner.com/a-turn-in-the-tide-the-case-for-rising-interest-rates/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”page 1″ background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]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 same rally may also be a turn in the tide for
- [40 Years of Investment Consistency Amidst Volatility](https://www.pringturner.com/40-years-of-investment-consistency-amidst-volatility/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1″ background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Summary No one knows the specifics of new economic policies nor when they will begin to affect the economy, but our view from Main Street, Walnut Creek is the positive aspects will outweigh the negatives. Contrary to conventional wisdom, stocks responded very well to the
- [A New Cyclical Bull Market in the Oil Patch Has Begun](https://www.pringturner.com/a-new-cyclical-bull-market-in-the-oil-patch-has-begun/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Pre Chart 1″ background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]The price of crude oil topped out in June 2014, then bottomed in February 2016 and has since partially recovered. During this period, the price of oil plunged by 76% and reached historic proportions, even in relation to other energy boom and bust cycles
- [2017, Another Good Year for Investors – What's Next?](https://www.pringturner.com/another-good-year-for-investors-whats-next/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1-1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]Your investment portfolio generated strong gains with low volatility despite the year starting full of uncertainty and concerns of a new and quite unorthodox administration. This resulted in nicely positive returns for your wealth, which adjusted for withdrawals, hit
- [What Would It Take to Trigger a Secular Reversal in Bond Yields?](https://www.pringturner.com/what-would-it-take-to-trigger-a-secular-reversal-in-bond-yields/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Pre Chart 1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]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 hundred and sixty-years or so, the average secular,
- [Good News Investors: Low Risk of Recession Today](https://www.pringturner.com/good-news-investors-low-risk-of-recession-today/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_image admin_label=”Image 1″ src=”https://www.pringturner.com/wp-content/uploads/2018/01/PTCG-Leading-Indicator-12.31.17.png” show_in_lightbox=”off” url=”https://www.pringturner.com/wp-content/uploads/2018/01/PTCG-Leading-Indicator-12.31.17.png” url_new_window=”on” use_overlay=”off” sticky=”off” align=”center” force_fullwidth=”off” always_center_on_mobile=”on” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″ /][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]New Highs for the Pring Turner Leading Indicator Suggests Low Risk of Recession Today Most severe stock market declines (-20% or more) have
- [Another Cyber Security Breach: 3 Steps to Help Protect Yourself](https://www.pringturner.com/another-cyber-security-breach-3-steps-to-help-protect-yourself/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Article” _builder_version=”3.0.51″ background_layout=”light” text_orientation=”left” border_style=”solid”]In our ongoing efforts to protect and grow your wealth, we include protecting you from a growing risk—cyber-fraud. Another major cyber security breach made the headlines recently. In the last few years, some very high profile retail giants including Home Depot, Whole Foods
- [Behind the Headlines, Steady Improvement for Fragile US Economy](https://www.pringturner.com/behind-the-headlines-steady-improvement-for-fragile-us-economy/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]2011 was an emotional roller coaster for investors and marked the return of heightened market volatility. Bad news and black headlines created fast moving up and down markets and yet by year-end prices for the S&P 500 ended nearly unchanged. The wild price swings included a
- [Investments Are Climbing The "Wall of Worry"](https://www.pringturner.com/investments-are-climbing-the-wall-of-worry/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]After a robust upswing for stocks in the first quarter, the second quarter gave back much of those gains. Temporary defensive portfolio tactics helped you avoid much of the decline the past three months. Mounting levels of global uncertainty once again weighed on investors. The ongoing
- ["Stagflation" Alert](https://www.pringturner.com/stagflation-alert/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]The summer rally arrived in full force. The stock market did ‘climb a wall of worry’ this quarter in spite of the slowing U.S. and European economies and contrary to investor concerns and expectations. In last quarter’s newsletter we stated our goal was to position your
- [Another Roller Coaster Ride to Old Highs](https://www.pringturner.com/another-roller-coaster-ride-to-old-highs/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]The first quarter ended on a happy note with the S&P 500 index finally reaching the two top high points set in both March 2000 and October 2007. It took the stock market 5 1/2 long years to regain the 56% drop suffered during the ‘Great
- [January 2016 $ums Investment Presentation](https://www.pringturner.com/january-2016-ums-investment-presentation/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Presentation/Handout Download” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]$ums Investment Group Presentation In January, Tom Kopas was once again invited to share his financial market outlook to the $ums Investment Group, part of the Sons In Retirement (SIR) organization. Click the following link to download the SIRS Investment Presentation 2016 Click the following link
- [The Win-Win Case for a Bull Market in Gold—Part I](https://www.pringturner.com/the-win-win-case-for-a-bull-market-in-gold-part-i/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”P. 1 – Intro” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]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 very deflationary background. It could be that gold is looking through all
- [Grateful for the First Half of 2014...](https://www.pringturner.com/grateful-for-the-first-half-of-2014/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]…Looking Forward to the Second Half! Pring Turner clients enjoyed strong returns in the 2nd quarter and once again reached all-time highs in wealth (adjusting for deposits and withdrawals). That makes new highs for portfolios in 13 of the last 15 very challenging years. Grateful for
- [Beach Balls and Investment Rebounds](https://www.pringturner.com/beach-balls-and-investment-rebounds/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Ouch! The only good news for the past few months’ stock market performance is we are relieved it is behind us. This quarter the stock market experienced much more volatility and a stiff decline, thereby ending a long string of positive quarterly returns. We understand and
- [2013 - A Surprising Year](https://www.pringturner.com/2013-a-surprising-year/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]As 2013 began, political battles over the budget raged in Washington generating fears the U.S. economy could dive off the “fiscal cliff.” The economy was staggering at sub 2% GDP growth and stocks were mostly range bound over the prior year. Globally, the European economy remained
- [A Good Start For Our Investments in 2014](https://www.pringturner.com/a-good-start-for-our-investments-in-2014/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Typical Pring Turner client portfolios glided smoothly and profitably through the first quarter and finished nicely higher. The typical Pring Turner client once again reached another new high benchmark in wealth (adjusting for deposits and withdrawals). Helping results, bonds were strongly positive in the quarter. Stock
- [Four Tips On Being A Good Client](https://www.pringturner.com/four-tips-on-being-a-good-client/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Blog Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Today, more and more people are partnering with financial advisors to simplify their lives and reach their financial goals with added peace of mind. After a thorough screening, interview and evaluation process in selecting a financial advisor who is best matched for your individual needs, how
- [Charles Schwab Lowers Your Transaction Fees](https://www.pringturner.com/charles-schwab-lowers-your-transaction-fees/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Post” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]This month, Charles Schwab & Co., the brokerage firm where our financial advisory clients custody and safeguard their valuable financial assets, announced it was once again dramatically reducing transaction fees. Schwab reduced the standard online commission pricing for equities and exchange-traded funds (ETFs) to $4.95 per
- [When will Rising Rates Deliver a Knockout Blow to an Overvalued Stock Market?](https://www.pringturner.com/when-will-rising-rates-deliver-a-knockout-blow-to-an-overvalued-stock-market/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]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 an emerging trend of rising interest rates. We made the case for rising rates last year,
- [Elder Financial Abuse: 5 Ways to Protect Yourself](https://www.pringturner.com/elder-financial-abuse-5-ways-to-protect-yourself/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”page 1 pre picture” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid” text_font=”Times New Roman||||”]You or a loved one are at risk of a multi-billion dollar scamming system commonly known as “Elder Financial Abuse”. More than 70 percent of the nation’s wealth is controlled by people over 50 years old – a group
- [A Good Start to 2017, But Has the Stock Market Advanced Too Far, Too Fast?](https://www.pringturner.com/a-good-start-to-2017-but-has-the-stock-market-advanced-too-far-too-fast/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1-1″ background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]Despite the Federal Reserve raising interest rates once again and all the political cross-currents, it turned out to be a good quarter for the stock market and a slightly positive one for bonds. Your portfolio participated broadly on
- [New All-Time Highs Once Again](https://www.pringturner.com/new-all-time-highs-once-again/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1-1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]We are pleased to report new all-time high portfolio levels for typical accounts (adjusted for withdrawals), especially given the many challenges facing the markets. The stock market moved erratically higher during the quarter despite geo-political saber-rattling, political mud-slinging, hurricane
- [The Bull Market Forges Ahead](https://www.pringturner.com/the-bull-market-forges-ahead/) - [et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Page 1-1″ background_layout=”light” text_orientation=”justified” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial” _builder_version=”3.0.51″]The stock market sustained its winning ways this past quarter and so did your investment portfolio. Stock prices continued to work their way higher, despite many worrying global tensions, political infighting, falling oil prices and another Fed interest rate
- [2016 Fall Financial Market Outlook](https://www.pringturner.com/fall-2016-client-event-recap/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Summary This update focused on the challenges facing investors. Retired investors are especially challenged to both protect and grow their portfolios in today’s low return world. We started by highlighting the dual challenges of high stock market valuations coupled with record low interest rates. The current
- [2015 - Investment Cross-Currents](https://www.pringturner.com/2015-investment-cross-currents/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid”]As we start the New Year, we can honestly confess we don’t know exactly how 2015 will play out for investors. That statement is actually true at the beginning of each year, but in our years of experience we can say unequivocally some years are easier to anticipate
- [Economy and Stock Investments Poised to Move Higher](https://www.pringturner.com/economy-and-stock-investments-poised-to-move-higher/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid”]The stock market moved in a wide range during the first quarter, but for all the gyrations the net effect was quite mild. By our rough calculation, the Dow Jones Average tacked back and forth more than 8200 points on a closing basis during the
- [Optimistic for a 2nd Half Investment Rally](https://www.pringturner.com/optimistic-for-a-2nd-half-investment-rally/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro” background_layout=”light” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid”]For the stock market, it was a most deceiving first half of the year, punctuated with a real-life Greek drama. The quarter ended with the S&P 500 price average virtually unchanged for the past six months. In fact, by some measures, the broader stock market
- [2016 Challenges Set Up Investment Opportunities](https://www.pringturner.com/2016-challenges-set-up-2016-opportunities/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Intro ” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]2015 Déjà vu. The perception is that the stock market averages were little changed in 2015. In fact, the typical stock was lower for the year. The reality is best described as a “two-tiered” market where the average stock struggled relative to the “averages”. One

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- [Jim Kopas Investment Advisor Walnut Creek](https://www.pringturner.com/investment-advisor-team/jim-kopas/) - Jim Kopas Investment Advisor, Portfolio Manager. Pring Turner Investment Management, based in Walnut Creek CA. Call 925.287.8527.
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- [Meet the Investment Advisor Team](https://www.pringturner.com/investment-advisor-team/) - Our Fee Only Investment Advisor Team, Financial Advisors based in Walnut Creek. Pring Turner Investment Management. Call (925) 287-8527.
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- [Financial Planning Walnut Creek](https://www.pringturner.com/what-we-do/financial-planning-walnut-creek/) - Financial Planning, Advisors, Financial Planner Services. Pring Turner Investment Management Walnut Creek. Call (925) 287-8527.
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- [Tom Kopas Investment Advisor Walnut Creek](https://www.pringturner.com/investment-advisor-team/tom-kopas/) - Tom Kopas Investment Advisor, Portfolio Manager, began career with Dean Witter in 1981. Pring Turner Investment Management Walnut Creek. Call 925.287.8527.
- [Joe Turner Investment Advisor Walnut Creek](https://www.pringturner.com/investment-advisor-team/joe-turner/) - Joe Turner Investment Advisor, Portfolio Manager, began career with Dean Witter in 1968. Pring Turner Investment Management Walnut Creek. Call 925.287.8527.
- [Martin J. Pring Investment Advisor Walnut Creek](https://www.pringturner.com/investment-advisor-team/martin-pring/) - Martin J. Pring Investment Advisor, Strategist for Pring Turner Investment Mgmt. Founded Pring Research in 1978, based in Walnut Creek CA. Call 925.287.8527.
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## Categories

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- [Newsletters](https://www.pringturner.com/category/newsletters/)
- [Investing 101](https://www.pringturner.com/category/investing-101/)
- [Webinars](https://www.pringturner.com/category/webinars/)
- [Martin Pring's Technical Corner](https://www.pringturner.com/category/martin_prings_technical_corner/)
- [Financial Planning](https://www.pringturner.com/category/financial-planning/)
- [Retirement Planning](https://www.pringturner.com/category/retirement-planning/)
- [Investment Management](https://www.pringturner.com/category/investment-management/)
- [Sub-Advising](https://www.pringturner.com/category/sub-advising/)
- [Business Cycle Investing](https://www.pringturner.com/category/business-cycle-investing/)

## Tags

- [Gold](https://www.pringturner.com/tag/gold/)
- [Financial Advisor](https://www.pringturner.com/tag/financial-advisor/)
- [Walnut Creek](https://www.pringturner.com/tag/walnut-creek/)
- [investment mangement](https://www.pringturner.com/tag/investment-mangement/)
- [Investment Advisor](https://www.pringturner.com/tag/investment-advisor/)
- [Fee-Only](https://www.pringturner.com/tag/fee-only/)
- [Election 2016](https://www.pringturner.com/tag/election-2016/)
- [Cyber Security](https://www.pringturner.com/tag/cyber-security/)
- [Elder Financial Abuse](https://www.pringturner.com/tag/elder-financial-abuse/)
- [ipo](https://www.pringturner.com/tag/ipo/)
- [unicorn](https://www.pringturner.com/tag/unicorn/)
- [investing](https://www.pringturner.com/tag/investing/)
- [rsu](https://www.pringturner.com/tag/rsu/)
- [stock](https://www.pringturner.com/tag/stock/)
- [saving](https://www.pringturner.com/tag/saving/)
- [compounding](https://www.pringturner.com/tag/compounding/)
- [taxes](https://www.pringturner.com/tag/taxes/)
- [tax-deferral](https://www.pringturner.com/tag/tax-deferral/)
- [tax-exempt](https://www.pringturner.com/tag/tax-exempt/)
- [tax-advantaged](https://www.pringturner.com/tag/tax-advantaged/)
- [quality](https://www.pringturner.com/tag/quality/)
- [game](https://www.pringturner.com/tag/game/)
- [Housing](https://www.pringturner.com/tag/housing/)
- [Berkshire Hathaway](https://www.pringturner.com/tag/berkshire-hathaway/)
- [Warren Buffett](https://www.pringturner.com/tag/warren-buffett/)
- [Stock Market](https://www.pringturner.com/tag/stock-market/)
- [Economy](https://www.pringturner.com/tag/economy/)
- [Recession](https://www.pringturner.com/tag/recession/)
- [Inflation](https://www.pringturner.com/tag/inflation/)
- [commodities](https://www.pringturner.com/tag/commodities/)
- [bubble](https://www.pringturner.com/tag/bubble/)
- [Bitcoin](https://www.pringturner.com/tag/bitcoin/)
- [Technology](https://www.pringturner.com/tag/technology/)
- [interest rates](https://www.pringturner.com/tag/interest-rates/)
- [bonds](https://www.pringturner.com/tag/bonds/)
- [stocks](https://www.pringturner.com/tag/stocks/)
- [investment management](https://www.pringturner.com/tag/investment-management/)
- [business cycle](https://www.pringturner.com/tag/business-cycle/)
- [Soft Landing Scenario](https://www.pringturner.com/tag/soft-landing-scenario/)
- [Economic Indicators](https://www.pringturner.com/tag/economic-indicators/)
- [Economic Analysis](https://www.pringturner.com/tag/economic-analysis/)
- [Contrarian View](https://www.pringturner.com/tag/contrarian-view/)
- [University of Michigan Consumer Sentiment](https://www.pringturner.com/tag/university-of-michigan-consumer-sentiment/)
- [OECD Leading Economic Indicator](https://www.pringturner.com/tag/oecd-leading-economic-indicator/)
- [Pring Turner LEI](https://www.pringturner.com/tag/pring-turner-lei/)
- [Economic Trends](https://www.pringturner.com/tag/economic-trends/)
- [Labor Market](https://www.pringturner.com/tag/labor-market/)
- [Yield Curve](https://www.pringturner.com/tag/yield-curve/)
- [Economic Forecast](https://www.pringturner.com/tag/economic-forecast/)
- [Economic Recovery](https://www.pringturner.com/tag/economic-recovery/)
- [Financial Crisis](https://www.pringturner.com/tag/financial-crisis/)
- [Black Swan Event](https://www.pringturner.com/tag/black-swan-event/)
- [Economic Confidence](https://www.pringturner.com/tag/economic-confidence/)
- [Economic Outlook](https://www.pringturner.com/tag/economic-outlook/)
- [Economic Data](https://www.pringturner.com/tag/economic-data/)
- [Economic Indicators Analysis](https://www.pringturner.com/tag/economic-indicators-analysis/)
- [Market Peak](https://www.pringturner.com/tag/market-peak/)
- [Stock Decline](https://www.pringturner.com/tag/stock-decline/)
- [Recession Worries](https://www.pringturner.com/tag/recession-worries/)
- [Labor Strikes](https://www.pringturner.com/tag/labor-strikes/)
- [Government Shutdown](https://www.pringturner.com/tag/government-shutdown/)
- [Energy Costs](https://www.pringturner.com/tag/energy-costs/)
- [Investor Emotions](https://www.pringturner.com/tag/investor-emotions/)
- [Fear vs. Greed](https://www.pringturner.com/tag/fear-vs-greed/)
- [High-Quality Stocks](https://www.pringturner.com/tag/high-quality-stocks/)
- [Portfolio Investments](https://www.pringturner.com/tag/portfolio-investments/)
- [Stock Market Consolidation](https://www.pringturner.com/tag/stock-market-consolidation/)
- [Economic Resilience](https://www.pringturner.com/tag/economic-resilience/)
- [GDP Growth](https://www.pringturner.com/tag/gdp-growth/)
- [Corporate Earnings](https://www.pringturner.com/tag/corporate-earnings/)
- [Trend Indicator](https://www.pringturner.com/tag/trend-indicator/)
- [Bull Market](https://www.pringturner.com/tag/bull-market/)
- [Risk Management](https://www.pringturner.com/tag/risk-management/)
- [Fuel Tank Model](https://www.pringturner.com/tag/fuel-tank-model/)
- [Stock Holdings](https://www.pringturner.com/tag/stock-holdings/)
- [Investment Portfolio](https://www.pringturner.com/tag/investment-portfolio/)
- [Quality Investment Themes](https://www.pringturner.com/tag/quality-investment-themes/)
- [Financial Goals](https://www.pringturner.com/tag/financial-goals/)
- [Investment Strategy](https://www.pringturner.com/tag/investment-strategy/)
- [Conservative Investing](https://www.pringturner.com/tag/conservative-investing/)
- [Client Appreciation](https://www.pringturner.com/tag/client-appreciation/)
- [Financial Confidence](https://www.pringturner.com/tag/financial-confidence/)
- [Investment Advice](https://www.pringturner.com/tag/investment-advice/)
- [Forward-Looking Statements](https://www.pringturner.com/tag/forward-looking-statements/)
- [Data Sources](https://www.pringturner.com/tag/data-sources/)
- [Past Performance](https://www.pringturner.com/tag/past-performance/)
- [Investment Disclosures](https://www.pringturner.com/tag/investment-disclosures/)
- [Financial News](https://www.pringturner.com/tag/financial-news/)
- [Market Analysis](https://www.pringturner.com/tag/market-analysis/)
- [Investment Strategies](https://www.pringturner.com/tag/investment-strategies/)
- [Financial Planning](https://www.pringturner.com/tag/financial-planning/)
- [Investment Outlook](https://www.pringturner.com/tag/investment-outlook/)
- [Market Insights](https://www.pringturner.com/tag/market-insights/)
- [Investment Commentary](https://www.pringturner.com/tag/investment-commentary/)
- [passive investing](https://www.pringturner.com/tag/passive-investing/)
- [active investing](https://www.pringturner.com/tag/active-investing/)
- [buy and hold](https://www.pringturner.com/tag/buy-and-hold/)
- [market volatility](https://www.pringturner.com/tag/market-volatility/)
- [bear market](https://www.pringturner.com/tag/bear-market/)
- [financial market conditions](https://www.pringturner.com/tag/financial-market-conditions/)
- [asset allocation](https://www.pringturner.com/tag/asset-allocation/)
- [periodic rebalancing](https://www.pringturner.com/tag/periodic-rebalancing/)
- [investment decisions](https://www.pringturner.com/tag/investment-decisions/)
- [market declines](https://www.pringturner.com/tag/market-declines/)
- [portfolio losses](https://www.pringturner.com/tag/portfolio-losses/)
- [emotional toll](https://www.pringturner.com/tag/emotional-toll/)
- [passive index investors](https://www.pringturner.com/tag/passive-index-investors/)
- [law of large losses](https://www.pringturner.com/tag/law-of-large-losses/)
- [retirement income](https://www.pringturner.com/tag/retirement-income/)
- [distribution phase](https://www.pringturner.com/tag/distribution-phase/)
- [nest egg](https://www.pringturner.com/tag/nest-egg/)
- [long-term performance](https://www.pringturner.com/tag/long-term-performance/)
- [market cycles](https://www.pringturner.com/tag/market-cycles/)
- [investment approach](https://www.pringturner.com/tag/investment-approach/)
- [risk tolerance](https://www.pringturner.com/tag/risk-tolerance/)
- [emotional comfort](https://www.pringturner.com/tag/emotional-comfort/)
- [disciplined investment management](https://www.pringturner.com/tag/disciplined-investment-management/)
- [favorable returns](https://www.pringturner.com/tag/favorable-returns/)
- [wealth management](https://www.pringturner.com/tag/wealth-management/)
- [investment philosophy](https://www.pringturner.com/tag/investment-philosophy/)
- [retirement planning](https://www.pringturner.com/tag/retirement-planning/)
- [Pring Turner Capital](https://www.pringturner.com/tag/pring-turner-capital/)
- [Monetary Factors](https://www.pringturner.com/tag/monetary-factors/)
- [Technical Analysis](https://www.pringturner.com/tag/technical-analysis/)
- [US Economy](https://www.pringturner.com/tag/us-economy/)
- [Leading Economic Indicator](https://www.pringturner.com/tag/leading-economic-indicator/)
- [Real Money Supply](https://www.pringturner.com/tag/real-money-supply/)
- [S&P Composite](https://www.pringturner.com/tag/sp-composite/)
- [Inflation Adjusted Equities](https://www.pringturner.com/tag/inflation-adjusted-equities/)
- [Dividend Yield](https://www.pringturner.com/tag/dividend-yield/)
- [Secular Trend](https://www.pringturner.com/tag/secular-trend/)
- [Secular Bear Market](https://www.pringturner.com/tag/secular-bear-market/)
- [Secular Bull Market](https://www.pringturner.com/tag/secular-bull-market/)
- [Stock Market History](https://www.pringturner.com/tag/stock-market-history/)
- [Financial Forecast](https://www.pringturner.com/tag/financial-forecast/)
- [Market Trends](https://www.pringturner.com/tag/market-trends/)
- [Trading Range](https://www.pringturner.com/tag/trading-range/)
- [#InflationWatch](https://www.pringturner.com/tag/inflationwatch/)
- [#RetirementReality](https://www.pringturner.com/tag/retirementreality/)
- [#FinancialInflation](https://www.pringturner.com/tag/financialinflation/)
- [#EconomicInsights](https://www.pringturner.com/tag/economicinsights/)
- [#ProactiveInvesting](https://www.pringturner.com/tag/proactiveinvesting/)
- [#InflationImpact](https://www.pringturner.com/tag/inflationimpact/)
- [#RetirementPlanning](https://www.pringturner.com/tag/retirementplanning/)
- [#FinancialStrategies](https://www.pringturner.com/tag/financialstrategies/)
- [#InvestmentWisdom](https://www.pringturner.com/tag/investmentwisdom/)
- [#InflationAwareness](https://www.pringturner.com/tag/inflationawareness/)
- [#ActiveManagement](https://www.pringturner.com/tag/activemanagement/)
- [#ActiveRiskManagement](https://www.pringturner.com/tag/activeriskmanagement/)
- [#RiskManagement](https://www.pringturner.com/tag/riskmanagement/)
- [#PringTurner](https://www.pringturner.com/tag/pringturner/)
- [#Investor](https://www.pringturner.com/tag/investor/)
- [#Retiree](https://www.pringturner.com/tag/retiree/)
- [#Retirement](https://www.pringturner.com/tag/retirement/)
- [EconomicResilience](https://www.pringturner.com/tag/economicresilience/)
- [ControlledInflation](https://www.pringturner.com/tag/controlledinflation/)
- [and the FederalReserve play crucial roles in maintaining stability](https://www.pringturner.com/tag/and-the-federalreserve-play-crucial-roles-in-maintaining-stability/)
- [illustrating a GoldilocksEconomy with market resilience](https://www.pringturner.com/tag/illustrating-a-goldilockseconomy-with-market-resilience/)
- [controlled inflation](https://www.pringturner.com/tag/controlled-inflation/)
- [2024 Investment Outlook](https://www.pringturner.com/tag/2024-investment-outlook/)
- [Diversification](https://www.pringturner.com/tag/diversification/)
- [Strategy](https://www.pringturner.com/tag/strategy/)
- [FederalReserve](https://www.pringturner.com/tag/federalreserve/)
- [GoldilocksEconomy](https://www.pringturner.com/tag/goldilockseconomy/)
- [MarketStability](https://www.pringturner.com/tag/marketstability/)
- [FinancialOutlook](https://www.pringturner.com/tag/financialoutlook/)
- [EconomicTransition](https://www.pringturner.com/tag/economictransition/)
- [InflationControl](https://www.pringturner.com/tag/inflationcontrol/)
- [DowJones](https://www.pringturner.com/tag/dowjones/)
- [MarketMomentum](https://www.pringturner.com/tag/marketmomentum/)
- [2024InvestmentOutlook](https://www.pringturner.com/tag/2024investmentoutlook/)
- [AssetClasses](https://www.pringturner.com/tag/assetclasses/)
- [DiversificationStrategy](https://www.pringturner.com/tag/diversificationstrategy/)
- [ClientAppreciation](https://www.pringturner.com/tag/clientappreciation/)
- [FinancialMarketPerformance](https://www.pringturner.com/tag/financialmarketperformance/)
- [AdvancedInvestmentBarometer](https://www.pringturner.com/tag/advancedinvestmentbarometer/)
- [StockMarketReview](https://www.pringturner.com/tag/stockmarketreview/)
- [EconomicGrowth](https://www.pringturner.com/tag/economicgrowth/)
- [InvestmentOpportunities](https://www.pringturner.com/tag/investmentopportunities/)
- [#FinancialPlanning](https://www.pringturner.com/tag/financialplanning/)
- [#taxplanning](https://www.pringturner.com/tag/taxplanning/)
- [#savvyinvestor](https://www.pringturner.com/tag/savvyinvestor/)
- [#wealthbuilding](https://www.pringturner.com/tag/wealthbuilding/)
- [#deductions](https://www.pringturner.com/tag/deductions/)
- [#taxdeductions](https://www.pringturner.com/tag/taxdeductions/)
- [#abovethelinedeductions](https://www.pringturner.com/tag/abovethelinedeductions/)
- [#form1040](https://www.pringturner.com/tag/form1040/)
- [market indicators](https://www.pringturner.com/tag/market-indicators/)
- [Martin Pring](https://www.pringturner.com/tag/martin-pring/)
- [Fundamentals](https://www.pringturner.com/tag/fundamentals/)
- [Investment Planning](https://www.pringturner.com/tag/investment-planning/)
- [Savvy Investor](https://www.pringturner.com/tag/savvy-investor/)
- [Active Risk Management](https://www.pringturner.com/tag/active-risk-management/)
- [Financial Secrets](https://www.pringturner.com/tag/financial-secrets/)
- [Taxation Planning](https://www.pringturner.com/tag/taxation-planning/)
- [Market Cycle](https://www.pringturner.com/tag/market-cycle/)
- [Financial Market Outlook](https://www.pringturner.com/tag/financial-market-outlook/)
- [Portfolio Management](https://www.pringturner.com/tag/portfolio-management/)
- [Education Planning](https://www.pringturner.com/tag/education-planning/)
- [Personal Wealth Management](https://www.pringturner.com/tag/personal-wealth-management/)
- [Wise Investing](https://www.pringturner.com/tag/wise-investing/)
- [Portfolio Protection](https://www.pringturner.com/tag/portfolio-protection/)
- [Estate Planning](https://www.pringturner.com/tag/estate-planning/)
- [Quality Investing](https://www.pringturner.com/tag/quality-investing/)