iBankCoin
Joined Nov 11, 2007
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When Will This Gas Price Chart Finally Reverse Itself?

Joe Weisenthal

As we predicted early last week, everyone is talking about gas prices today.

It’s the how new meme: Will gas prices be the thing that suffocates this economy?

We’ll pass on making a guess.

But we thought it’d be a good time to update one of our favorite charts: The S&P 500 divided by the cost of an average gallon of gasoline.

chart

FRED

It’s kind of beautiful.

Read the rest, and see an even better chart, here.
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