I think there is definately a slow down, many companies are now feeling it start, and there is always a ripple effect. Of course slumpy thinking will make it even worse.
A bank or company may be in fine shape but a few investors think.... yikes I want out of XYZ so sell off their shares, a few more do the same and the prices drop then everyone jumps ship coz they see it dropping, next thing its a sunken wreck of what it once was............
Couple of QF flights last week were not as packed as they once would have been I think. QF 2 for 1 sale is an idea forward bookings are slow.
Does the media have an influence on this, you betya!
J