Market Watch with Tom Waitt

May_16th_2012.mp3 Global Money Supply    Uncertainty rules, media moguls seize the opportunity to stress the worst case scenarios; Greece withdrawing from the Euro, falling off a Fiscal Cliff, China slowdown, plunging commodity prices. Global Money Supply (Click For Larger Picture) Despite news reports there is solid growth and earnings coming out of recent data releases in the U.S. Pessimistic attitudes prevail influenced by media sensationalizing the negatives. Confidence is key, market participants have lost trust in financial markets and politicians. If investors can envision and start to believe markets will achieve increased economic activity. Yesterdays game is ending and tomorrows game has started. Money supply is at an all time high with World Governments spending at record levels to stimulate the economy but the multiplier of money had fallen to post war lows. The turn of a dollar had slowed from three times a day to less than once a day and only recently climbed back