Storm Warning: Oil, The Fed and China, What Else

Storm Warning: Oil, The Fed and China, What Else

Dr. Michael Yoshikami, CEO of Destination Wealth Management in San Francisco, discusses the ongoing oil price collapse, its effect on sentiment and rising concern over the systemic risk it poses to the global financial system from exposure to the sector.
He also discusses yet another 6%+ plunge in the China market and the destabilising effect of ongoing capital flight.
He then talks about the first US Fed meeting of 2016, its rate hike outlook and the reasons for ongoing strength in the Dollar Index, which remains near 12-year highs.
Lastly, Apple's results are discussed, in terms of the larger economic picture it tells.