Fund Flows Seen Reversing on Fed Rate Delay
from Market Watch Hosted by BFM Media
Dr. Michael A. Yoshikami, Chief Executive Officer of Destination Wealth Management in San Francisco, discusses 'the three things that clients want to know at the moment': what the Fed will do, what the ECB will do and what effect that will have on emerging markets. He also talks about Peter Schiff's view that the September jobs report was indicative of a weaker-than-expected US economy, and that the US is actually nearer a fresh round of Quantitative Easing than a rate hike. He also offers a view on fund flows into Emerging Markets, given the dimming view of a US rate rise in 2015.
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