Market Watch with Tom Waitt

May_30th_2012.mp3 Inflation?    Inflation or Deflation; too many dollars chasing too few goods or too many goods with too few dollars. Inflation Rate by Country (Click For Larger Picture) There is no shortage of dollars in the system with Global liquidity near all time highs. Note India's inflation rate of 7.23% leads the pack by double as that country is growing at over 7%; China is growing at over 8% but reports inflation of 3.4%. Most countries are in the 2 to 3% level in growth and inflation. Supply / Demand for products in North America are not out of whack as sales and inventories are in line. Inflation as a concern in North America is relegated to the distant future. Developed economies have not fully healed and consumers are not yet ready to stand on their own two feet, any meaningful inflation is still a couple of years away. Perhaps it is time to reassess ones exposure to Gold's and Oils that are so prevalent in Canadian Stocks and over exposed in Canadian Mutual Funds, With t