With oil going limit up on Friday amid an epic blowoff and consumer sentiment hitting multi-decade lows, the editorial desk at Newsweek has just inadvertently confirmed we are now at a major inflection point with this latest cover.
It seems to me that both the mooing (oil bulls) and the growling (economic bears) is getting just a bit too loud right about now.
Source:
Newsweek
June 16, 2008