Investors were cautious to begin with this year, and the hurricanes are causing them to second-guess themselves even more.

We've been through quite a few. We're very aware and cautious with hurricanes,

The U.S. has been a graveyard for U.K. retailers, so investors are a little cautious. It could be that it wants to a get a flavor for the market through a small operation and then make a massive acquisition to get instant size.

With increasing signs of a slowdown in housing, the Federal Reserve and investors should still be cautious about over-indulging their hopes for economic growth or fears of future inflation.

Equity valuations are still appealing. We think investors are too cautious.

Investors are becoming cautious after shares have performed so well.