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here, that arrow just refuses to turn green. the s&p lost more than 4%. the nasdaq sank more than that to 5%. it sank 5%. so what has rattled the markets this time? it s a combo platter of bad news, jobless claims are up, existing home sales are down. consumer prices are up and the plfrg industry has gotten weaker. no wonder a top economic adviser is flying to martha s vineyard next week to help president obama with his job proposal. then there was this report from morgan stanley, not paint ag pretty picture for the united states or europe. brace yourself. you re about to hear the r word again. here is our chief business correspondent, ali velshi. it said things we had all sort of thought, but now it was on paper. number one, it said we are dangerously close to a recession. dangerously close. it doesn t say it s entirely likely or it s their base assumption, but dangerously close. it says europe and the u.s. have made policy errors, policy errors. that s the central ....

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