Global Markets down sharply, 4%...

-Posted by D.C. Worth, for Barbay (France/US)

UH-OH...
The Asia markets are way down and the European Markets are following into a crash-like pattern.... [marketwatch]
HANG SENG has Dropped BELOW 18,000. -993 or -5.23% #

Image: Weskenney Third Biggest Weekly DJIA Drop In History... [Read]

Stocks Sink 4% on Rising Recession Fears... #
(DOW down more than 460, 2:22 EST)
The Dow bobbed in and out of its August closing low of 10,719.94 and is on track for its worst week in almost 2-1/2 years. [Read]

-Obama to tout jobs plan at Ohio bridge that won't [qualify]
-Workers wouldn't be hired until 2015...[Read]
-GM expansion in China a threat to U.S. jobs [Read]
-Fraud case targets [grants] awarded by Obama’s [Read]

Rosenberg Presents The Three Ways Bernanke Disappointed The Market, And Why It Is Dumping [Read] ...(Oops, failed to auto-post, earlier.)