Why Barron's Housing Cover Is So Terribly Wrong

During the Bull Market of the '90s, I used to read Barron's for their hard edged, skeptical look at many of the excesses on Wall Street.

During the past 5 years or so, that skepticism seems to be fading. Sure, Alan Abelson is still a curmudgeon, and Randall Forsyth is no cheerleader. The trader column is always worthwhile, and Santoli is always interesting. But lately, the magazine seems to be drinking the same Kool-Aid my pal Larry Kudlow seems to enjoy so much.