in my opinion the media is about a year to 18 months behind the curve. i still have some editions of BW,Fortune,Forbes and others from the period before the Nasdaq crashed from 5xxx with "funny stuff" about the general economy,stock market etc...
Oh boy........such optimism............so close to a ~4-year market peak..........it mentioned nothing about extreme debt levels.......I've got to start looking at the far-out-of-the-money October stock index puts.