Market Watch with Tom Waitt

May_2nd_2012.mp3 China Growth    Concerns over a slowdown in Chinese economic growth are misplaced. The growth is amazing and is likely to prevent a Global recession. China GDP (Click For Larger Picture) Chinese GDP is currently $7.3 Trillion while the U.S. GDP level is $15.1 Trillion. Chinese GDP growth is about 8% currently the U.S. is roughly 2%. The real eye opener comes when one considers levels 5 years ago Chinese GDP was $3.28 Trillion and U.S. GDP $13.81 trillion. Chinese GDP has more than doubled increasing at 123% while the U.S. is up 9.3%. With 19.5% of the Worlds population compared to the U.S. at 4.5% it is hard to see any slowdown being of concern whereas the fact of the U.S. losing global leadership will no doubt become a paramount concern to Americans. There are many opportunities to make money but it requires action on your part, each stock selected must show risk/reward of at least 2:1. Make the call - let me provide you with a unique perspective on your investm