By Daniel Nevins, CFA : Even as the Fed's decision makers are beginning to worry less about recession and more about bubbly stock prices, we're not yet moved by their attempts to curb the market's enthusiasm. Hopefully, modern geopolitical risks won't explode as they did then, but we can always return to the "WWII bear" if WWIII breaks out (presuming we're alive and blogging). Consider that the Slide defied four fundamentals you wouldn't normally associate with falling stock prices: Inflation was subdued, peaking at 1.3%.