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BW2000: “Boom Prosperity Reshaping America”

Posted By Barry Ritholtz On February 14, 2013 @ 6:55 am In Financial Press,Really, really bad calls | Comments Disabled

[1]A classic cover indicator, 14 years old today.

I love this BusinessWeek cover, circa February 14th 2000, because it is literally weeks from the ultimate topping in markets in general and technology/dotcoms in particular:

“Time to celebrate. This month, the current economic expansion became the longest in U.S. history. The boom has done more than create millions of new jobholders and stock owners. It has also restored the public’s confidence and given more people than ever a shot at the American Dream. We tell the story”

Um, not so much.

 

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Sources:
How Prosperity Is Reshaping the American Economy [2]
Rich Miller, Laura Cohn, Howard Gleckman, and Paula Dwyer
BUSINESSWEEK: FEBRUARY 14, 2000
http://www.businessweek.com/archives/2000/b3668001.arc.htm#B3668002

The Risk That Boom Will Turn to Bust [3]
Michael J. Mandel
BUSINESSWEEK: FEBRUARY 14, 2000
http://www.businessweek.com/archives/2000/b3668001.arc.htm#B3668019

The Boom [4]
BUSINESSWEEK: FEBRUARY 14, 2000
http://www.businessweek.com/archives/2000/b3668001.arc.htm


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2013/02/how-the-boom-prosperity-is-reshaping-america/

URLs in this post:

[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2008/12/07covdc.gif

[2] How Prosperity Is Reshaping the American Economy: http://www.businessweek.com/archives/2000/b3668001.arc.htm#B3668002

[3] The Risk That Boom Will Turn to Bust: http://www.businessweek.com/archives/2000/b3668001.arc.htm#B3668019

[4] The Boom: http://www.ritholtz.com/blog http://www.businessweek.com/archives/2000/b3668001.arc.htm

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