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Never Underestimate the Foolishness of Politicians

Michael A. Yoshikami

02-Oct-13 10:15

Never Underestimate the Foolishness of Politicians

On International Market Watch today Dr Michael A. Yoshikami, Founder & CEO of Destination Wealth Management in San Francisco gives us his views.

He addresses the US government shut down and the even bigger issue of the debt ceiling - bringing into question the ability of the US government to meet its future financial obligations and the likelihood, and impact, of the government inflating away their way out of these debts.

Michael also talks about the blue chip stocks he would buy in this uncertain times.

Finally, we discuss Japan. Their apparent policy of taking from consumers to give to corporate, likelihood of sustained growth and the factors that will move the Japanese stock market.


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Tags:  us budgetdebt ceilingjapanFinancial ServicesEconomy, Markets

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