Market volatility and tight credit continue to sideline buyers and sellers. In this edition of Inside the Deal, Cravath, Swaine & Moore's Jim Woolery tells Suzanne Stevens that strategics are choosing to wait out the instability and shelving deals that were in the pipeline. He expects M&A to remain sluggish through at least the end of the year. The upshot is that due to pent-up demand, Woolery expects there will be a resurgence of dealmaking when the market finally settles.