precisely .. its an ELECTION yr. and thats why , the big boys (yeah those with the yachts and blonde trophy mistresses) they are the ones who will make sure "the mkts stay on an upward course" and the "housing mkt stays propped". How will they make that happen?
by "pausing to collect more data". translation: ensuring the housing bubble lives on and grows bigger.
The commodity bubble is in early "denial" stage. Theres still 5 more stages and years and years to go ..