Saturday, November 19, 2005

Phew, It is not a cover story!

Businessweek carried a piece this past week speculating that the current M&A mini-boom will turn into a 80's style mayhem, leading to a market surge. Ofcourse, I have said the same thing here.

The biggest relief was that this wasn't a cover story. In the past, Businessweek cover stories have been great contrarian indicators (I have covered this topic before), including the classic late 1979 The death of equities cover story, that was indicative of the best time to get in before the greatest bull market ever!

A cover story would have jinxed this upcoming boom. For now, it can continue on its normal course!


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