Market Watch with Tom Waitt

April_18th_2012.mp3 Record Earnings    U.S. equities are strong while Canadian markets can not surpass last year's highs. It is time to diversify at least half your positions south of the border. S&P 500 Earnings (Click For Larger Picture) Despite European woes and political infighting there are pockets of strength in U.S. markets. Indeed earnings of S&P 500 stocks are at an all time record high. Global positioning is changing right before our eyes, the once mighty Eurozone which was a contender for the number 1 spot pushing the U.S. economy out has slipped rapidly and China is now threatening to take out their number 2 position. India is now set to challenge the Eurozone at a pace more rapid than originally thought. Canadian stocks despite high oil prices are lagging U.S. equities. The Canadian TSX is 15% below the highs of 2011 while the U.S. S&P 500 has surpassed 2011 highs and is approaching all time highs set in 2007. When investing it is important to realiz