Everything's in limbo. We're basically kissing 2006 goodbye. |
From dissolution to election you don't have much market activity, it's actually quite flat. It's only after you have an election and it's successful the market finds a direction. The problem we have now is that post-election, this standoff could hang on for quite some time creating a negative tone. |
The combination of those two factors is probably weighing on the market. It's a confidence issue. |