Sunday, October 15, 2006

Downturn Theory data support

Part of what will support my thesis (basically tapped out consumer leads to recession) is lower auto sales. My thinking being big ticket items will be the first to show signs of slowing - first being houses then second being auto sales. Check out this link.

I understand the rotation from US big 3 to Toyota and honda etc. But the auto picture in general is lower sales, with Japanese getting a larger share of a shrinking market? Time will tell I suppose.


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