Tuesday, December 2, 2014

Parabolic Gasoline Trend Failures (Musical Tribute)

The following chart shows the 104-week (~2 years) moving average of the US regular conventional gas price.

Click to enlarge.

Mirror, mirror
Just spottin' trends in tanks of gas
Two failed parabolas
Of the hyperinflation task

Mirror, mirror
US bonds lyin' in my hands
I'm the fool, mother f***er
No risk asset lover
That's for all the others

Take a look into my chart
Tell me what you see
Take a look into my chart
Tell me is it true?
Take a look into my chart
Oh, do I have a clue?
Take a look into my chart
Does risk look risk free?
When should I believe?

Mirror, mirror
Deflation is what I see
The inflation
"Experts" lookin' so sly and so sleazy

Mirror, mirror
CNBC with that crack, "A strong buy!"
They make them stumble, make them blind
Time after time and lie by lie

Source Data:
St. Louis Fed: US Regular Conventional Gas Price