A 'Meaningfully Slower Contraction' Defined
from Market Watch Hosted by BFM Media
Michael Yoshikami, founder, president, and Chief Investment Strategist at YCMNET Advisors, talks about forecasts by the International Air Transport Association (IATA) for a bumper year ahead for airlines, how the U.S. has fallen behind emerging markets in Brazil, China and India as the preferred place to invest, news that the US economy has lost more jobs than it has added since the recovery began over a year ago, and statements by BlackRock, the world's largest fund manager, that it expects a "meaningfully slower pace" of global economic growth in the second half of this year.
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