Well, it’s not quite the cover of the Rolling Stone. It’s this week’s cover of The Economist.

The vaunted editorial staff of The Economist (pictured) have decided on the cover photo for the latest edition. As you may or may not know, the “newspaper” is written anonymously, supposedly because anonymity “gives to the paper an astonishing momentum of thought and principle.”

I think it’s done that way so not everybody will know exactly how f*cking stupid their editors are.

More than three months past the all-time high for the markets, after a 20% drawdown from peak to trough, and after a huge capitulation and reversal day, these esteemed editors come up with this as their cover.

Good job, boys. Good job.

Might just be time for a multi-month rally.

For more on “The Economist Cover Indicator,” see this excellent post by StockBee.

I’d subscribe to The Economist, but frankly, Charmin is cheaper, and doesn’t chafe as much.