There either is or isn't a threat of an imminent terrorist attack. It may or may not be against New York City. You should probably be nervous and panicky, at the same time appearing nonchalant and bored. The alert code may or may not change. That Santa in front of Macy's just might be a suicide bomber. Or it might be Santa. Check to see if it's female. Then again, a terrorist might be a man dressed as a woman, so be vigilant, trust no one, practice extreme caution, but don't worry, be happy and go about your normal lives. The threats are credible but not corroborated; serious but nothing to worry about.
Are we clear on this yet?