Market Watch with Tom Waitt

October_27th_2010.mp3 Inflation / Deflation    Cotton prices have soared to levels not seen since the U.S. Civil War. Gold has hit record highs; oil remains above $80 a barrel. Commodity prices are rising, forcing your grocery bill higher. Is inflation a problem?   Annual Inflation Rate (click for larger picture) Inflation is described as too many dollars chasing too few goods; inversely Deflation is too many goods for too few dollars. Which environment would you like to be in? If you have the goods people are rushing to buy like oil or gold or I-Pads you're O.K. If on the other hand you are flush with real estate in an oil soiled beach in Florida; not so good. The liquidity crisis had us in a deflationary spiral; recent global government spending has successfully turned the trend back to an inflationary bent.   There are many opportunities to make money but it requires action on your part, each stock selected must show risk/reward of at least 2:1. Make the call - let me pr