This week's MoPo forecast updates continue to include a scary event horizon crash option that we saw last week.
That doesn't mean it will or won't happen...it's just that the current odds are skewed against it.
That being said....with the current high degree of ISIS uneasiness...86% of the public believe there will be an attack on US soil within the next 3 weeks....if such an event does occur on the scale of 911....the risk consequences will be dramatic. I was nonchalantly watching the markets on 911 with a TV on my desk when live coverage cut to the second plane hitting the twin towers and the subsequent pandemonium. We don't want anything like that to ever happen again....but we should be aware that recent international attacks make that scenario a real possibility. Just something to consider.