reading the report makes me think that the man gets paid for talking a load of rubbish.
yes, the world is in a financial crisis, but things will settle out over the next couple of years. people have short memories and after perhaps 2 years of caution they will continue as they did before. i'm not going to change my clothing or accessories just because Mr Pedraza says we should and i hardly think Donald Trump is going to be bothered about his opinion either. he may be advised to reduce his 'comb over' hair style, but that has nothing to do with finance
i'm sorry, but i cannot believe for 1 minute that watch trends are going to change because of the current situation. historically watches have gradually increased in size since they first started going on the wrist. 32mm was the trend Just after the war and by the 70's 34-36mm was standard. 38-40mm is now pretty much the smallest available in the majority of companies with up to 47mm for quite a few highly respected companies. there are a small minority of high end companies continuing the smaller watch. PP is the main one that comes to mind. very traditional and sold in the main to people who appreciate understated quality. in the 1950's people bought 32mm watches because that was all that was available. as sizes increased the choice got bigger and people wore what they preferred and thats how things have continued to the present day and will continue to do so regardless of mr Pedraza's report.
if, when Pedraza refers to oversized watches he means the Jacob & Co. style diamond encrusted pieces of tat worn by the David Beckhams of this world then i hope he is right as they are IMHO an abomination.
personally i think that people who read his report will, with regard to watches, ignore it and carry on as before regardless.
just my opinion of course which is about as relevant as Pedraza's opinion
Graham