This is a John Galt moment.
Many professional investors are afraid the rules will be stacked so they can do nothing but lose, so they've decided that they don't want to play.
Yes and when Obama is crushed in 2 weeks, the market rallies 20% in one day. This country will not have a president with the middle name “Hussein” any time soon.
“rules are stacked”
Bingo! No more deal-hunting here. Now I’m just spooked. If we go down, I just hope the Goldman and Morgan do as well. This whole thing stinks of self-dealing and manipulation.