Market Watch with Tom Waitt

March_2nd_2011.mp3 Confidence Returning    Mid East turmoil, gold at record highs, rising oil prices; media outlets feeding the frenzy with daily reports of further woes of rebellion and coming inflation.    Private U.S. Payrolls (Click For Larger Picture) Recent news reports of spreading Mid East rebellions causing global chaos and uncertainty, instilling fears of food inflation along with minute by minute reports of Gold hitting record highs, news reports of soaring oil prices which are actually down 32% from their peak. Yet stocks in North America are up 97% on the S&P 500 and 89% on the TSX from lows hit in 2009. Is confidence back? Market participants had lost trust in financial markets and politicians. Recently investors are starting to believe markets will achieve increased economic activity. With money supply at an all time high and World Governments continuing to spend at record levels the economy is improving. However it is key that private enterprise not Gove