The FarrCast is back and thawed out after a week in deep freeze! Michael welcomes Jim Iuorio to talk on the markets: we’ve seen a 16% rise since the Christmas Eve lows. Jim says there has been a lot of good news and we may well drift higher, but there is a China sized (& shaped) roadblock up ahead. He sees positives ahead for 2019 and tells us where he sees potholes along the way.
Dan Mahaffee joins us for an expert’s view on the State of the Union. The President painted with a broad brush, as SotU speeches tend to do, and began to set outlines of the 2020 campaign. Plus, Dan gives his thoughts on another shutdown. There are whispers on the Hill that the White House is considering forcing another to blame the Democrats and “clean the slate” for five week shutdown that just ended.
For our third segment, Michael welcomes Lester Munson, who brings over a quarter century of experience in DC and insight into the state of play. He says Trump needs to think about messaging for the suburbs if he is to sustain his political life. Michael and Les move on to talk about the nomination of David Malpass as President of the World Bank. Though Malpass has been a noted World Bank critic, Les says that ultimately his appointment could be a great boon for the World Bank.
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