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Economy Drops at an Unprecedented Rate but Could be Close to an Upside Reversal

Economy Drops at an Unprecedented Rate but Could be Close to an Upside Reversal

May 7, 2020 | Martin Pring's Technical Corner

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 it. Such action earns...
Our Business Cycle Work is Close to signaling a Stage III. Guess Which Market That’s Bullish for?

Our Business Cycle Work is Close to signaling a Stage III. Guess Which Market That’s Bullish for?

Jan 6, 2020 | Martin Pring's Technical Corner

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 and ending...
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