The markets can't seem to get that the U.S. is in recession, says Kirby Daley, strategist at the Newedge Group. But a downward movement is inevitable. He tells CNBC's Martin Soong & Amanda Drury to expect a 15% - 20% drop on the Dow in the near future.
Video clip http://www.cnbc.com/id/15840232?video=811741359

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