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

Posted By Barry Ritholtz On February 6, 2012 @ 10:38 am In Contrary Indicators,Investing,Psychology | Comments Disabled

[1]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 [2].

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

>

Source:
The End of Wall Street As They Knew It [3]
Gabriel Sherman
NY, Feb 5, 2012
http://nymag.com/print/?/news/features/wall-street-2012-2/


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[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2012/02/cover120213_250.jpg

[2] Investors Fearful as Stock Rally Best Since 1987: http://www.bloomberg.com/news/2012-02-06/stocks-least-loved-since-1980s-as-americans-scale-steepest-wall-of-worries.html

[3] The End of Wall Street As They Knew It: http://nymag.com/print/?/news/features/wall-street-2012-2/

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