Terrible Day For Dow JonesThe economy is really in bad shape and a recession is unavoidable. My worst fears lies in a situation

Oil rises $10.75 to $138.54, jobless rates spike to 5.5%. If these are not bad news, I don’t know what is. Not surprisingly, Dow Jones came down 394.64 (or 3.1%) to close at 12,209.81, its biggest one-day decline since the subprime mortgage crisis in February 2007.