The greatest concern arises from the possibility of the deceleration in overseas economies. Although overseas economies are likely to gradually emerge from their current deceleration phase, the sustainability of their recovery will likely remain unpredictable.
In the United States, housing investment and private consumption are expected to be the driving force of the pick-up in the economy in the short run; if the recent uptrend in long-term interest rates strengthens suddenly, however, this could adversely affect funding for housing investment and car purchases.