Market Watch with Tom Waitt
GLOBAL SHIFTING TIDES
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November_30th_2011.mp3 Global Shifting Tides It is difficult enough to track our own finances day to day but Global markets and events are incredibly important in this millisecond decision making World. World GDP (Click For Larger Picture) Global events and market fluctuations affect domestic markets instantaneously. Global markets shift rapidly day to day minute to minute but most dramatically year over year. Over the last 4 years we have seen Japan slip from a top 3 global economic force only to be replaced by China. 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 the number 2 position. The most interesting shifts expected is the rapid advance of China which is predicted to overtake to U.S. as number 1. India is expected to surpass the Eurozone which may occur more rapidly than originally thought. The fastest advancement is expected to be Brazil from a non event to 5th pl