The way I learned it was that we want to buy stocks when the journalists put a chart on the cover of a magazine.
I like to pick on The Economist because they have such a great track record of being the last ones to the party.
Here’s a good run down of a few favorites and part of the reason we got so cautious last Spring.
Fast forward to today: Can we classify this one as a chart? Does this count? [Read more…]