uh-oh: Time Magazine on Housing

Monday, June 06, 2005 | 08:24 AM

Is this the Magazine Indicator at work?

First Fortune, now Time Magazine:

Time_mag_home_cover


We've seen some terrific Contrary market calls from magazine covers:  Time magazine naming Jeff Bezos man of the year in December 1999 marked the top of the internet bubble; The March 21st  2005 Newsweek cover story, "The Incredible  Shrinking Dollar," marked a key contrarian turning point in the greenback's fortunes. (The dollar has rallied 7% versus the euro and 2% against the yen since then).

Will the June 13th issue of Time magazine, with its giddy "Home Sweet Home" cover about the real estate market, prove to be similarly prescient? Stay tuned . . .

Monday, June 06, 2005 | 08:24 AM | Permalink | Comments (8) | TrackBack (1)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post

bn-image

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c52a953ef00d83459216e69e2

Listed below are links to weblogs that reference uh-oh: Time Magazine on Housing:

» Stock Scans 06-07-05 & News from Sixth World Investments
Good Morning! The markets took a breather yesterday and it looks like there is some Bullish sentiment out there. Might there be a summer rally? You never know with this strange market. Stock Scans are ready for today! You know where to find them af... [Read More]

Tracked on Jun 7, 2005 7:39:16 AM

Comments

Time magazine seems to be the King of the Magazine Cover Effect. When it makes the cover of Time, it's over.

Note that the cover isn't "Watch out for that bubble!" It's "Your house is making you rich! Yay, real estate!"

I'm going to keep renting.

Posted by: seamus | Jun 7, 2005 1:35:22 AM

The comments to this entry are closed.



Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Archives

Complete Archives List

Blogroll

Blogroll

Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:


Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites

FeedBurner


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo

Disclaimer

Disclaimer

Odds & Ends

Site by Moxie Design Studios™

FeedBurner