Market Watch with Tom Waitt

October_12th_2011.mp3 Shipping in Confidence    Confidence? It is hard to muster confidence in the economy when the fate of the World is in the hands of the Slovakian parliament. But facts are building for an upward turn in Global Equities despite the disarray reported by the media. Baltic Dry Shipping Index - Ten Year (Click For Larger Picture) Baltic Dry Shipping Index - Six Month (Click For Larger Picture) With 24 hour round the clock media reports highlighting European bailout woes for Greece with 16 of 17 countries voting and only the Slovakian parliament voting no. Along with daily accounts of the diverse polar split in the U.S. political arena, unlikely to let up before the November 2012 Presidential elections. The public is becoming very concerned over the financial situation globally with protesters in the streets. Worries soar that the U.S. economy is in a much worse condition than stated. Many feel credit will be too restrictive to support economic growth. Near panic e