Jason briefly talks about the history of Wall Street magazine covers from Barron's, Fortune, Business Week, etc predicting markets already in up trends going a lot higher or other outlandish predictions.
Are these magazine covers still reliable contrarian indicators which could indicate that a stock market crash for US stocks is coming soon or is the melt up, Ludwig Von Mises' style crack up boom well underway and accelerating rapidly like in 1927-1929?
- Source, Wall St for Main St