Three trading days until Christmas and Santa Claus and his rally are nowhere to be seen. We welcome Jim Iuorio from the CME to talk about the markets. It's an uncertain time, and Jim says the getting tomorrow's Fed meeting in the rear view mirror will help. On the FarrCast, we say "emotion is the foe of the long-term investor" and right now the focus is on Jerome Powell -- and he needs to show no emotion and calm the emotional beast of the markets down.
It's not just Wall Street providing news this week, and Dan Mahaffee joins to talk about Washington, Beijing and places in between. Dan notes that the President's pressure on the Fed puts Jerome Powell in a difficult position -- even if the data supports a pause, it's important to demonstrate independence from political pressure. Moving on to China, Dan points out where China is willing to make concessions, and what their long view goals are. The China story isn't going away, and we'll be talking more in 2019.
It's the last FarrCast of the year, and for our big finale Michael welcomes one of our greatest guest, Jack Bouroudjian, chief economist for UCX. Jack is a trader, an investor, and absolutely the expert's expert. Jack returns us to a theme from the beginning of the year -- repatriation. It's been propping up the dollar and suppressing inflation. Still, he agrees we will see the "dovish rate hike." Jack gives his thoughts what the themes that will govern what moves the markets in 2019.
It's a FarrCast that you can't miss -- our guests don't just read the headlines, they look at what the next headlines will be.
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