A Reminder of What Happened 2015

If we look back at 2015, we had a similar sell off in anticipation of a rate hike from near zero percent fund rate. This pattern looks similar to what we are experiencing in the markets past couple days. A risk off approach and growth stocks no longer being as green as we were use to. Will we see further sell off in the market coming off tomorrows FOMC meeting? My current judgement is no, I do not believe the Feds will allow the market to a full on crash, notably with previous experience tapering steadily. But there no telling if other events could trigger a crash, like a Lehmans type collapse, which is possible especially during such high margin environment.