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
Eventful. Well, that's one way to put it. Jim Iuorio joins us from the Chicago Mercantile Exchange and gives us the technical take. It's not voodoo: the levels and patterns technicians watch are reliable predictors of the sentiments of market participants. Jim tells us what he watches to get a handle on what the collective psychological sentiment of the markets.
What happened at The White House today? Really, what was that? Dan Mahaffee from the Center for the Study of the President and Congress joins us and his study really helps sort the political theater. Neither side is winning, and suddenly a government shutdown looks more probable. The only place it seems common ground might be found is spending (well borrowing) more money.
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