Market Watch with Tom Waitt

June_15th_2011.mp3 Rising Dollar    Riots in Greece, Mid-East tensions, North Africa revolts, disaster in Japan, Global Government spending out of control, massive unemployment, rising food costs, markets are in disarray.   U.S. Dollar (Click For Larger Picture) Several weeks of negative economic news along with Global concerns has brought U.S. equities measured by the S&P 500 Index off 7.7% but still up 192% from the crash low in 2008. Uncertainty and fear rules with global 24 hour a day media reports highlighting the most recent crisis. The public is becoming very concerned over the financial situation in the United States. 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. On top of these concerns, fear mongering over passage of the debt ceiling, has many expecting the U.S to default on its debts. The value of the U.S. dollar has fallen and has near panic emotions for some follower