Same Old Expected from Fed, Alongside Strong Q2

Dr Michael Yoshikami, YCMNET Advisors said it's likely there's an implicit policy that dollar weakness helps economic recovery. He's expecting more of the same from the Fed ie things are getting better etc. QE2 until June, from Ben Bernanke's much touted news conference. He expects the Fed to continue to talk interest rates down. Where instituting meaningful tax increases are concerned, the issue now is excessive government spending. In order to have deficit relief, government would need to cut spending and take a hard look at tax policies. Separately, he expects US corporate earnings to continue strong, for the next quarter though not all will do well. See omnystudio.com/listener for privacy information.