Stock market declines forecast business slowdowns. Shanghai (SSE) is down to 2000 from 6100. Specific items like nickel (JJN) and copper (JJC) have broken down significantly. US Steel (X) is down to $45 from $196. The Baltic Dry Shipping Index is at 2500, down from over 11,400. What this all means is Depression with a capital D. These declines are severe and so they forecast a severe buiness slowdown — worldwide.