Continued housing market slump, 9.2- 9.4 % unemployment rate, recession fear drag
US stocks, into bear market correction Gold, metals,oil, commodities bubble burst 2012
Dow Jones test 9000- 10,000, SP test 900- 1000
prices plunge 30 % to 3.25, all related stock will make 30- 50 % correction in 2012 recession , despite OBAMA 450 billion stimulus and 400 billion twist package, since it can do little to help create new jobs, and consumer spending to boost the economy.Based on Dr. Warren Huang tracking of last 30 years recession impact on global stocks ,I found two master hands controlling global stocks daily prices; with the right hand tracking global central banks monetary, economic, fiscal policy impact on inflation, CPI, interest rateas , recession, stocks indices, the investors sentiments, while the left hnd controlling recession, industrial sectors demand, company earning, stocks prices. Therefore stock prices is influences by Dow Jones index, the investor sentiment, even the top performance stocks with excellent earning like technicals stocks GOOGLE, APPLE, plunged 30 % from their peak. While the recession resuted weak consumer demand, prices hurt company earnyng stocks prices, like cyclicals , banking, finance, auto stocks plunged 70 %. detils on www.osawh.com/reecssion.html www.osawh.com/Wallstr.htm