The Dow Jones Industrial Average has PLUNGED ANOTHER 2,355 POINTS... making this year's losses so far the second-worst ON RECORD– even more dismal than market losses in 1929, 1930, and 1931, among others! [II] 
The Federal Reserve Bank's balance sheet BLEW-UP with a massive increase in reserve bank credit extended to failing banks and brokers– now totaling more than $2 TRILLION
By and large, the stock market sell-off so far has been mainly due to investors' concerns over housing, and the financial sector — but NOT to any recognition that Main Street America could be in store for a DEEP and PAINFUL recession.