Manufacturing is booming. Many say that's great news for the stock market because increased manufacturing activity is evidence of a stronger economy. This seems logical, but does data support such a conclusion? And is it prudent to use manufacturing indicators to time your exposure to stocks?
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2018-10-15
CTE source: https://ctemag.com/news/do-stocks-perform-better-when-manufacturing-booming/
Legacy path: /do-stocks-perform-better-when-manufacturing-booming