This is going to bring on another recession if it continues into the summer. There's no reason to think it won't, either! This smells just like 2008 again, and not one lesson has been learned! But with a Fed that is back-stopping risk and encouraging bubble again, and a President that is sinking us into a quagmire of debt and even more "humanitarian" wars, its not hard to see where this is going to lead. It won't be pretty.
Crude oil -- $111.65 and counting
Stocks - amazing that Bernanke and Wall Street don't perceive the bubble
