To be honest with you, I am not surprised. With these interest rate cuts, many new credit opportunities have opened up for more retail purchases, for example 0% rates on credit cards for 12 months. This causes people to consume more, but it is a short term gain. Unless we start seeing true growth in the mobile industry’s advertising platform+hiring more people, or clean tech starts to really take off not just headlines about it…This slowdown should continue.
Tags: advertising, clean tech, mobile
