Market Watch with Tom Waitt

October_3rd_2012.mp3 Debatable Outcome    U.S. Presidential debates begin tonight, television news reporters have pulled out all the same old supposed zingers from past U.S. presidential debates to warm up the audience for the imminent round of face-offs and gaffes. General Election: Romney vs. Obama (Click For Larger Picture) With 24 hour round the clock media reports highlighting differences between Republicans and Democrats often at polar opposites. The diverse polar split in the U.S. political arena is unlikely to let up for years to come. Some positive economic news is starting to filter out but the market lacks confidence It is hard to muster confidence in the economy when the fate of the World is in the hands of feuding politicians. Last month we posted a poll showing Obama and Romney virtually tied. Media reports in the last 24 hours show the gap closing once again. The uncertainty and lack of confidence is prevalent among many voters as well as current markets. Pessimism is