Magazine Cover Indicator: New York “End of Wall Street”

February 6, 2012 10:38am by Barry Ritholtz

This week’s New York magazine — a non Business publication — has a rather bearish cover discussing “The Emasculation of Wall Street.

Last week, I mentioned the Barron’s cover was somewhat bullish, with the caveat that Barron’s is a business weekly. New York magazine is more general interest — its not Time or Newsweek, because it covers Wall Street in its back yard.

Meanwhile, Bloomberg is out with this headline today: Investors Fearful as Stock Rally Best Since 1987.

Still, I suspect the NY Mag cover is a bullish sentiment indicator.

Source:
The End of Wall Street As They Knew It
Gabriel Sherman
NY, Feb 5, 2012
http://nymag.com/print/?/news/features/wall-street-2012-2/

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