No. of Recommendations: 15
You're not alone in deciding to sit on your hands for a while and see what happens, but that means a lot of potential economic activity is on hold for a while.
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Are cargo ships that were headed for the US now turning around in mid-ocean?
Think more about investment decisions, M&A, hiring plans, that sort of thing. Buyer interest in very expensive houses has apparently fallen off a cliff, according to a friend in that business. If I were thinking about starting a business, I'd certainly be holding off to see how the cards land. When the big money sits on its hands, the regular folks feel it.
Jim
