I do not reject on your total idea of fear being a factor in causing the market to go into recession. It can surely be related and as a group fear and withdrawing from the market, others will follow. Our market is still in the process of recovering and building confidence back in spending. But the recession and crash in U.S. markets were due more towards debt, job loss, increase gas prices, war cost, etc. (not saying 9/11 created no fear). But I highly doubt such tragic event from 2003, will help remove the fear already caused. Because of such event, the fear of terrorism will always be there. Airline Industries will take a longer time to recover since no one can guaranteed there will not be another 9/11. In fact, I was reading some articles elsewhere stating that U.S. officials urge U.S. citizen travelers to not travel anywhere w high alerts of Al Qaeda terrorism in case of revenge/hatred due to the death of Bin Ladin. Will this world be any safer? Maybe a few percentage more now with Bin Ladin being dead but fear will still be there....
So I do not think tomorrow's market will be relevant to Bin Ladin's death, but if any, it's more of other circumstances. Anyways...LKEN or any other pinkies will def not be relevant.
-GO LKEN
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