By the same "Idiocratic logic", the odds of being hit by a car are extremely low, unless you jump in front of one. And then they're slightly higher...
Currently, real world crash risks have never ever been higher, and in broad daylight:
Profit decline for four quarters straight
Liquidity at all time low
Interest rates stuck at 0% for seven years straight
The Fed in fake-believe "tightening" mode
Global debt levels all time high
Emerging markets tanking
The stock market flat year over year
Every other risk asset class has rolled over
Brewers, cigarettes and guns the last sectors making new highs
Complacency rampant
Short-covering due to non-existent recovery
An overnight Flash Crash due to carry trade unwind already occurred and was completely ignored...
We're not "owed" any more warning. Anyone who doesn't see it coming wasn't meant to see it coming...
