On International Market Watch Dr. Michael A. Yoshikami, Founder and CEO of Destination Wealth Management in San Francisco discusses:

- Sell off in equities and bonds, where the money is going now

- preparing for tapering

- Emerging markets still important element in portfolio 

- Focus on JP Morgan not unfair

- Possible further slide in JP Morgan's share price

- positive view on US financial stocks

- Impact of cheap central bank funding on lending

- monetary easing good for economy in short term

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Tags:  us,  tapering,  financial stocks,  eurozone