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There was also concern that Integrilin sales might be slowing.
Earlier data, including a report on manufacturing, also suggested as that the economy might be slowing.
Even the suggestion he might be slowing up is dismissed internally.
Technology stocks fell after Dell warned that demand might be slowing.
"In theory, Marion might be slowing down a little bit," he said.
Investor fears of an Irish crisis were heightened by reports that growth might be slowing in China.
The figures, worse than anticipated, agitated some pundits who thought the market might be slowing, and also worried some investors.
Yet Mr. Pandit said cautiously that the rate of losses in mortgages and credit cards might be slowing.
Meanwhile, since 2012, Apple has outstripped both companies combined (even if recent figures suggest this momentum might be slowing).
For Mr. Muhlenkamp, "that was the first sign I'd seen that showed things might be slowing down".
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The "cycle of creative destruction" might be slowed.
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