Correction Not Crash
Michael A. Yoshikami
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On International Market Watch Dr. Michael A. Yoshikami, Founder and CEO of Destination Wealth Management in San Francisco discusses:
- rising confidence leading to rising valuations
- not a confidence driven bull run
- correction possible but no significant pull back
- new Fed president could pose a risk to market depending on who is appointed
- BOE and forward guidance
- Europe not out of the woods
- Emerging Markets could be good value
- Look for stabilisation in data from China
- local consumption sectors safer than manufacturing and industrial
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