Key Market Indicators - February 28 2017

An explanation of the Key Indicators concept is given at the end of this piece for those readers who are unfamiliar with it. This will explain the difference between our view of the present situation which is subjective and our analysis of trends which is based on the latest facts available. During February our view of the present situation improved slightly but there was a remarkable improvement in trends which were stronger than at any time since we began this analysis in January 2010. It is quite common for these two attributes to move independently as trends tend to lead the present situation by about four months.

The total number of indicators considered in this analysis is 36.