This overly simplistic analysis, without more, is misleading. The U.S. needs to cut the deficit; curb significantly, the expenditure spending; and initiate true tax reform before anything in the U.S. economy will change for the better. Analysis based on monthly car sales or new home sales just cannot be trusted as predictors of the true state of the economy.

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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