We have new consumer to serve

Wow....after a long time smile on people's faces encouraged me to write this blog. Job data is looking positive, hikes are re-installed and more over stock traders are making some good money. Though a small jolt hit the markets in the form of Dubai crisis, the insulation of many firms from the investment in building Dubai didn't affect much. Those who got affected from this are still lurking in the market. Now it seems the power to swing the economy is shifted from west to east. China has a major portion in this, followed by India and then Russia.
As i did look back at the consumer market, it's not the west that is dominating. Now, the major exporter in the world (China) has turned into significant consumer without reducing it's production business. Now small is big for many firms. Take an example of auto industry, how many Ferrari's will be sold in a year ? compared to large small car consumer market in Asia, the revenue earned by selling small car will be much more. Many auto industry giants are capturing the market by releasing newer small cars. At the same time, the expensive car market has picked up very well in Asia. BMW and Mercedes are competing each other in India, Audi joined the race followed by Jaguar which has an Indian owner now. Most in west are saving their money in banks instead of putting it in stock market and in east the stock market penetration is increasing day by day as people investing in stocks from which they had freezed till years in their bank accounts.
Aftermath of the crisis, we can conclude that we have a new costumer to serve. The shift of consumer market. Hope this new consumer will never cause another crisis. I love crisis as it teaches how to survive in tough times but unlike me most people hate it. Asian market will never cause mortgage crisis that's for sure and let's carefully watch other things that might cause the havoc. So stay awake !!!!