To complete this perfect storm, there needs to be a plausible reason why it's different this time.

FORBES: Energy Stocks For An Ugly Market

This is a much more plausible reason as to why the stock market is a leading indicator for the economy, as opposed to some form of investor omniscience.

FORBES: QE3: You May Not Get What You Are Expecting

Today Mr Sharon's stated reason for not holding a referendum is at least as plausible: that it would take too long.

ECONOMIST: Would a referendum make it easier?