Treasuries cross 3%! Dow tumbles 450 points! Caterpillar raises the spectre of "peak earnings." Is it panic on Wall Street? Kenny Polcari joins us to say it's ugly, it's uncomfortable, but it's not panic. The markets are testing technical levels and the whipsaw movements are part of the modern automated markets. Michael and Kenny talk about what the fundamentals are, and separate the noise from the signal investors need to be thinking about.
Washington is the gift that just keeps giving. Matt Leffingwell gives us the insider's insight in to the waning of Gen. Kelly's influence -- and who's star is rising in The West Wing. The midterms are six months away -- what are the thoughts from The Hill on how the House and Senate are shaping up for the next Congress.
Confused about the geo-politics of oil? Michael welcomes the leading energy policy expert on Capitol Hill, Daryl Owen. Daryl explains how the Iran deal and the markets influence how the Saudis manipulate production. Rising wages are beginning to impact the potential of US producers. The FarrCast is here to bring all the loose threads together. Download and listen today!
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