American people are still reluctant to bigger purchases: We all know why?
Lower income..(Huge losses in inv.)..Middle class families suffer the most bcz they are the ones that take the bitter hit, then small businesses and bla bla…
More and more people are jobless and the ones that are cannot find work….
So, I guess buying any luxury at this moment of time and economic situation is not a right choice to make. People are concerned about falling income, inflation and specially people don't want to invest at the moment….its getting better...(Private Equity options)
Car market/ Industry will see a deeper slump as housing market is already…and soon the financial institutions will will change their tone and strategy for a stronger infrastructure and more of a long term practical approach…If the government have a stronger monitory and regulatory settings in place.
From a consumer stand point both housing and motor industries are in a deep recession….and people connected to these industries are suffering a lot.
From a Investor point of view I think strategic and long term investments in real estate markets are always executed. Private Equity is the new era.. it has been there for the wealthy but I think now the doors to it will be opening for low level investors.
If we need a weaker dollar for Economic (Export, Tourism, Development, Investment and Production ) purposes then we need to control inflation and the infrastructure within need to be stronger. So the middle class can grow and flourish.
We Americans want to work not to just get buy but to have a better/ stronger buying power (dollar) within from a consumption stand point.
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