It all relates back to confidance, to high oil prices, to fear, to spending, to uncertainty, to... it all relates back to consumer spending, to corporation spending, to telecom bankruptcies, to airline bankruptcies, to energy bankruptcies... etc... etc... it all relates back. And there is no hope insight... for now...... we are going to need a miracle me thinks... a big miracle... and I just don't see anyone with the goods for miracles around...
JMHO.