Market Watch with Tom Waitt

October_19th_2011.mp3 Turning Point: Rates on the Rise    While the media watches Greece burn and U.S. elections over a year away, stocks are bottoming out. 10 Year U.S. Government Note Yield (Click For Larger Picture) Despite Greek riots, "Occupy Wall Street" hurricanes, tornados, and floods, the downgrade of U.S. debt off it's AAA status , along with the political fallout of the messy U.S. debt ceiling debate which adds to recent distraught worries of unemployment, European unity, Mid East unrest and revolution, Oil supply uncertainty, the housing crisis, mortgage foreclosures, bank failures, too big to fail bailouts, Japanese slowdown due to earthquakes and tsunamis and nuclear meltdowns, Chinese accounting, Russian corruption and now ridiculous political wrangling as Democrats and Republicans prepare for Presidential elections in November 2012. See the chart of the U.S. Government 10 year note yield which was as low as 1.696% last month currently 2.176% with money flows mo