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Strength of JPY Key But Unpredictable

Dr Michael A Yoshikami

09-Oct-13 09:59

Strength of JPY Key But Unpredictable

On International Market Watch Dr. Michael A. Yoshikami, Founder & CEO of Destination Wealth Management in San Francisco joins us to discuss consumer confidence in the US and Chinese and Japanese anxiety over a default on US Treasuries.

He comments on Japan’s Government Pension Investment Fund and its overexposure to bonds, Japan's 64% year on year fall in current account balances possibly leading to a deficit and that the yen's strength will largely determine what happens. 



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Tags:  us consumer confidencetreasuryjapanyenjpyFinancial ServicesEconomy, Markets

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