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Look at today's retail figures - it has to be back on the up within a couple of months.
Yes, people are still cutting but if you haven't already made adjustments to your business plan then you are already looking down the barrel with your competitors with their fingers on the trigger. So those who got in early will be able to benefit as the lag between interest rate cuts and stimulus measures starts to disappear and the results trickle in.
You have a point, but I think it's a bit flawed, a couple of months? Come on, that's hardly enough time to even think the market is going upward. Sure you can be optimistic, but that's only going to take you so far. Let's be realistic here, retailers and hardware resellers, particularly the smaller guys aren't going to have much hope of surviving in this climate with consumer sentiment down at all time low and people's debt through the roof.
Mickey has a point. I don't think the market will start recovering, as such, until the later half of last year, or even next year, but at the same time I don't know if things are tough enough to say small guys have no hope of surviving.
a couple of months is a long time in business and the changing of the market can happen that quick. Just look at China's rapid rise.
I agree with Mickey. There is so much talk at the moment at being positive or negative that the facts are getting blurred. Nobody knows how things will actually turn out, so the only way we can 'go forward' is with the truth - without any spin.