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
It's the holiday week edition of FarrCast! Kenny Polcari calls in from the floor of the NYSE and tells us how the markets are distorted by the low volumes on the holiday. Tariffs are to take effect on Friday -- Kenny tells us what to look for depending on how the news breaks, and what the tone is. It's a new quarter, and we look to other side of the tariff news: have we seen a peak in investor sentiment?
Dan Mahaffee is Michael's guest for the second segment, and he gives us a preview of the fight for the Supreme Court, and how that may effect the midterms. Mitch McConnell refused a Senate vote for a year on the Merrick Garland nomination. Will there be blowback from the Democrats in the Senate? Can it be done before the election?
Returning to join us as our special guest on the third segment is Andy Keiser, foreign policy expert. It's less than a month since the Singapore summit between the President and Kim Jong-Un. The heat has come off the rhetoric, but has anything really changed? Andy tells us we are just on the first steps of the marathon and Secretary Pompeo has a lot of work to do. There are plenty of other hotspots investors need to watch, and Andy helps us frame the world.
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