Welcome to the FarrCast, hosted by Michael Farr, Chief Market Strategist of Hightower Advisors and President and CEO of Washington DC wealth management firm, Farr, Miller & Washington. Each week Michael will have guests with insights into economics, policy, finance, and the intersections between the… read more
Welcome to the FarrCast! Markets moved down! Markets moved up! Well, that's what markets do -- Michael reminds that it's buy low, not sell low, that's the idea. The economy, and the markets, are ok, not great, definitely nervous, but ok.
Dan Mahaffee joins us and it's been another interesting week in the Washington, beginning with a legal loss for the President. Dan walks us through the next steps and how the legal story winds along for some time. But perhaps outside of the beltway, people aren't concerned -- instead they are looking for normalcy and therein lies the story of the Democratic candidates for President.
For the world we have James Pethokoukis from the American Enterprise Institute. From the first days of the Trump administration everyone points to infrastructure for possible middle ground that everyone can agree on. Jim says there has been great political theater, and we can expect more tomorrow when the Chuck & Nancy show arrives at the White House. There is a lot of uncertainty about growth --and there is a chance of recession -- but there is a chance of a productivity improvements and a sustained expansion.
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