The fights on Capitol Hill are widening, and effecting more and more of the economy. On this week's FarrCast, Michael Farr welcomes Greg Valliere of AGF Investments, and the consumate inside analyst to explain what headlines are just noise -- and what is going on behind the scenes that can hurt investors (and the broader economy.) While an agreement appears to be in place to keep government open, the debt ceiling changes everything, and the various factions within both parties are from agreement.
But first, Michael welcomes Kenny Polcari to talk about what's worrying the markets at the moment: Kenny says the stock market isn't worried about the debt ceiling yet, but the continuing trifecta of inflation, rising interest rates, and the impending Federal Reserve taper. Dan Mahaffee joins to provide insight into the negotiations (and lack thereof) in Washington.
Taking a deep look beyond the headlines, this week's FarrCast looks at the debt ceiling and its impact on Wall Street, Washington, and The World.
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