Here is the cover of the latest issue of Fortune magazine. I discussed the latest cover of The Economist here.
There are four important things to note about this cover and the associated story.
First, the cover's colors are the colors of fear, red on black.
Second, Fortune devoted about 40% of the entire issue to the panic story and related items. This is very unusual and reflects what a big impression the events of August in the markets have made upon the public and upon Wall Street.
Third, Fortune's take on these events is essentially : "They had it coming for assuming too much risk and now all of us are suffering".
Finally every subsection of the Fortune story is headed by an interesting graphic: a down arrow on a circular yellow background. Talk about subliminal predictions !!!!
All in all, I think this magazine cover is very persuasive. It convinces me that stock prices will on average be much higher in three months time than they are today.