The Economy.. will hi end audio mfgs lower prices?

There is a lot of disinformation out there. The last significant recession in 1981 was marked by 11 percent unemployment and interest rates of 19%. We are currently at 8.5% and interest rates are at .35%. Much of our contraction comes from a false real estate economy that was allowed to foster between 2003 and 2007, the so called "bubble." If you look at the stock market, it has merely reset it prices back to 2002. So the real question is:

0 Will the 92% of gainfully employed people still buy quality goods?

0 Will luxury brands reset their mark-ups to be more in line with the current reality.

I think the answers are both Yes.

Don't get caught up in the fear that the press is spreading. This country had 3 and 1/2 millionaires in 2006 and this country drives 40% of the global GNP.

Yes, that is 3 and 1/2 million out of 200 million Americans. Next to Japan, we have the greatest luxury marketplace in the world.

That is a lot of rich folk.

PS: This comes from a company called IXI that tracks 9 trillion dollars in investible assets.

Who gives a rat's @#$ that the big companies are laying off. That has been a constant for 20 years. The real job growth engine is small to mid-tier businesses, entrepreneurial in spirit. I personally am not waiting around for GM to create me a job here in California.