Saturday 4 October 2008

Positive Views Start to Emerge

Business Spectator - Toyota expects auto market to recover

I feel the worst is behind us. It was probably last week when the fall-out ended with a bang.
Now some optimistic views start to show in the news. There are positive forecasts for auto industry, that suffered a lot in the past couple of months, in the above article.
There are also some views that mortgage owners in the US are going to be better of as a result of the bailout package. The US housing was one of the underlying causes for the current slump and there are views that the situation in that sector has to improve to form a basis for the recovery of the rest of the economy.
Expect the next couple of months to represent a "cleanup". Whoever survives in the market will have a strong base and will be a solid target for investment.

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