Michael Yoshikami of YCMNET Advisors believes in the current bull market.He thinks there's still money to move into it.There's some risk in it,but he doesn't think you want to sit this one out.Sentiment is gonna get the individual investor in.Market sentiment is still pretty negative,but the news is not as bad as people think,and that's gonna drive the market.
Mr.Yoshikami thinks unemployment is the biggest risk.If the numbers stay at 9-10% and the stimulus unwinds out of the system,that's gonna hurt.For now,all the negativity is starting to go away.The retail investor is starting to feel panic at having waited so long to get back in.You're gonna continue to see confirmation of the uptrend.
He really doesn't think the Greek debt problem is resolved.He thinks they're just pushing the ball forward.There's not gonna be a default,but,long term,it kicks the can down the road,in Michael Yoshikami's opinion.
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