It's a snowy FarrCast! 2019 is off to a good start in the markets -- there's plenty to make up from the dive at the end of 2018. Michael reviews the markets as they've found their footing. Things aren't great -- but they aren't bad. We welcome Mark Hamrick, veteran economic journalist, former head of the National Press Club and currently chief economist at Bankrate.com. Michael and Mark have a free ranging conversation on Brexit, the market outlook, and a dive into a new consumer survey from Bankrate. Seventy percent of the economy is driven by the consumer, and what the consumer thinks and feels is an important barometer of where the economy is going.
In our second segment, Dan Mahaffee joins to talk DC and the World. He discusses the pendulum swings in politics, and the decline of the middle ground -- and the concern that also can diminish the middle class. We move on the Mueller investigation; the turn the investigation has taken is more to counterintelligence. Dan outlines the trajectory of the climax of the investigation.
Finally, the Brexit deal was rejected by British Parliament. Dan says Teresa May will survive the no-confidence vote, and that a second referendum is becoming more and more of a possibility.
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