Good point re Bahgdad,,,as you say if that goes then all bets are off.
Also this Ebola outbreak cud be what comes out of left field that the scum can’t control via the mkts, if it does expand outside Africa, then you can kiss the economy goodbye, as no-one is going anywhere or doing anything, economic life will stop dead, until it has died out, as the only way to survive it, is not to get it……that is the last thing such an overbought and over long SM needs. The PPT will get crushed.
We have got supplies in already, just in case.