I'm not normally cynical to such things, but I have a hard time taking this pause justification at face value. It has too many convenient side effects, and chief among them is cost savings. There's a new wave of warnings that the bubble may be deflating, and of all the things they can't say out loud it's that they're worried about the bubble. That would surely pop it.

I suppose the tell will be if this really just ends up being a 2 week pause, or if it keeps extending.