Is the venture market slowing or did crossover funds just bounce?

As third-quarter venture capital data rolls in, the TechCrunch crew is busy parsing the numbers. We’ve looked at fintech results, we’ve touched on the crypto market, and we have a climate startup venture analysis coming this weekend. We’ve also looked at the U.S. venture market and its global analog. The main gist is that while VC investment in the United States is slowing, it appears that the global venture capital market is retarding more rapidly.
The macro picture is, however, an aggregated dataset. By that, we mean that when we consider all venture capital activity, it of

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