2012-03-29

Irrational Exuberance — Cover Magazines

Here are three cover magazines that SS, a friend of mine sent me:

  1. The Economist: the Recovery is Here
  2. The Atlantic: Ben Bernanke Saved the Global Economy
  3. Barron's: Home Prices Ready to Rebound
Generally speaking, magazine covers are amazing contrarian indicators. Today, with bullishness at an extreme, having these 3 covers appear at almost the same time should be very worrying for the bulls.

Has the Mania era finally topped?





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