Market Watch with Tom Waitt

January_25th_2012.mp3 Confidence Rising    Uncertainty is waning, confidence is increasing and corporate earnings are up. Nightly news casts are less pessimistic. Consumer Confidence (Click For Larger Picture) Money Multiplier (Click For Larger Picture) Confidence is key, U.S. consumer confidence jumped to 64.5 last month up sharply from levels of low 40's a few months ago. Investors are starting to believe markets will achieve higher levels through increased economic activity. 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. With increased confidence and trust the velocity of money is increasing creating an improvement in economic activity and forecasts higher equity levels for North American markets. There are many opportunities to make money but it requires action on your part, each s