1. Bad news - with EU governance issues, earnings downgrade in USA, unexpected fall in China's growth.\
2. Arbitrary market outcomes - the current market growth outlook seems very much upon the fiat policies of government, i.e. their arbitrary capacity to print money (i.e. quantitative easing) and the non-responsiveness of higher interest rates.
This is a good time to build a portfolio of stocks which will be strong in any recovery, however at this point one's interest should be in stocks which have access or accumulations of cash.
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