There isn't any "Fear" about the US recession because they are all ready there!!! The fear is now US going into a depression which is a decrease in GDP of >= 10% (some economist debate that percentage).
The volatility of todays markets is the greatest concern, that combined with low future expectations all equals to worried and gun shy investors.
I had a good laugh at people jumping for joy when the dow jumped 900+ in one day!! 6 out of 10 of the biggest gains of the dow happened during the great depression!!! Hold onto your ankles boys and girls
UMC Price at posting:
94.0¢ Sentiment: None Disclosure: Not Held
