The magazine cover jinx…

Posted on May 31, 2016 by in Letters

Clever observers have noticed a strange phenomenon:  Whenever the  magazine covers start trumpeting a bull market the market crashes -- or vice versa.  This works for Sports Illustrated, and even sometimes in the stock market.  But basing investent decisions on such ephemera is a chancy procedure.  Nonetheless the punditry and the chattering class has had a field day with the most recent Barron's' cover whose headline says: THE STOCK MARKET WON'T CRASH --YET.

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