This column originally appeared on Real Money Pro at 7:47 a.m. EDT on April 19.

NEW YORK (

Real Money

) -- Below are 12 events that could crater the U.S. stock market:

1.

Politics over here.

President Obama's

Intrade

odds of winning the presidential election in November exceeds 65% --

it now stands at 60.5%

-- and growing evidence that the Democrats will lose control of the Senate. (On

Intrade

, the

probability of a Republican-controlled Senate

now stands at 62%.)

2.

Politics over there.

Eurozone tail risk reemerges. François Hollande wins French presidency and disrupts EU bailout efforts. (Current

Ladbroke

odds

have Hollande at 1/8, Sarkozy is 9/2.)

3.

Interest rates.

The 10-year U.S. note yield drops below 1.90%. (It now is at 1.99%.)

4.

Economic.

High-frequency economic data deteriorate, and odds of a recession grow in the U.S. Signs emerge that China and India will land hard.

5.

Fiscal cliff.

Actually experienced, a fiscal cliff dents the economy, threatens self-sustaining recovery and adversely impacts corporate profits and business/consumer confidence.

6.

Deflation.

Commodities abruptly turn lower, more deflationary signals.

7.

TheStreet Recommends

Strategists grow more bullish.

Perma-bulls Abby Joseph Cohen at

Goldman Sachs

(GS) - Get Goldman Sachs Group, Inc. (GS) Report

and Binky Chadha at

Deutsche Bank

(DB) - Get Deutsche Bank AG Report

raise their year-end

S&P 500

targets. (Remember their ridiculously optimistic

prognostications

of 2008 year-end S&P 500 targets of 1650/1675? They were off in their forecasts by a mere 700 S&P points!)

8.

Housing.

Home prices and sales activity move lower over the balance of the year, negatively impacting consumer confidence and spending.

9.

Black swans.

Any number of exogenous events -- a

Fed

policy mistake, crude ramps in price, Middle East tensions escalate, China lands hard and pulls back from U.S. Treasury note and bond purchases (fueling a sharp rise in our interest rates), a large ETF blow up, another flash crash,

Sears Holdings

(SHLD)

is forced to sell more stores (it employees 350,000 companywide) and so on.

10.

Fund flows.

Domestic equity mutual fund outflows accelerate.

11.

The NBA -- nothing but Apple (AAPL) - Get Apple Inc. (AAPL) Report -- market.

Apple experiences a fundamental blip or misstep of execution.

12.

Technical deterioration in the markets.

The S&P 500 takes out its 200-day moving average.

At the time of publication, Kass and/or his funds had no positions in the stocks mentioned, although holdings can change at any time.

Doug Kass is the president of Seabreeze Partners Management Inc. Under no circumstances does this information represent a recommendation to buy, sell or hold any security.