The press is full of bear market reports with the recent declines in the stock market indices.
Wed 6/15, 2.00 pm EDT: Fed Chairman Jerome Powell announced that the Federal Reserve will indeed raise the federal funds rate by 75 basis points (0.75%), bringing it to the range 1.5%- 1.75%. Right now they project a rate of about 3.5% by year-end.
The economy is running too hot, if anything, and as the picture shows: it is Uncle Sam (the government, White House) that is scared.
Investors are scared as well, of course.
Originally published in Tintin Magazine in 1946-48, the cartoon strips were later collected in albums or bande dessinée in French— literally ‘drawn strips’.