Shows
The FarrCast : Wealth StrategiesFasten Your Seat BeltsMichael Farr shares his thoughts on how to navigate the new tariff regime and the instability it brings. Michael discusses the political fallout with Dan Mahaffee, who says the tariffs are in flux, but are likely to stay in some form. For our special guest, Michael welcomes Austin Branson, a small business owner directly impacted by the tariffs. Austin's insight into how his company is affected helps us to understand how the global economy works one company, one worker, at a time.Bringing you insights from Wall Street, Washington, and The World -- It's The FarrCast!
2025-04-0444 minThe FarrCast : Wealth StrategiesGrowing Together (A Thanksgiving Message from Michael Farr)
This week Michael Farr takes a quick look at markets, and a longer look at what we have to be thankful for.
2024-11-2714 minThe FarrCast : Wealth StrategiesNo Storms Yet (But Watch the Cloud on the Horizon)
Dr. Jay Bryson, Chief Economist from Wells Fargo is Michael Farr's special guest this week. From his perch the economy isn't perfect -- but it's chugging along pretty well. He shares the one threat he sees on the horizon, but no storms appear to be approaching. Michael begins with Kenny Polcari looking at the market and a discussion of how beat up is beat up enough to invest? And Dan Mahaffee returns this week and Michael makes an apology.
It's Wall Street, Washington, and The World on The FarrCast!
2024-10-2551 minThe FarrCast : Wealth StrategiesAn American Solution
Michael Farr's travels continue and this week after a quick look at Washington and Wall Street from producer Harry Jennings, Michael delivers a speech on the challenges the American economy, and more broadly, America, faces. Michael argues the exceptional nature of the American experiment gives us the privilege of taking up the mantle of history.
It's a thought provoking FarrCast -- don't miss it!
2024-02-2830 minThe FarrCast : Wealth StrategiesMichael's Thanksgiving Message
Michael Farr shares his thoughts on this Thanksgiving and where treasure lies.
(Recorded as part of the November 22 edition of The FarrCast)
2023-11-2414 minThe FarrCast : Wealth StrategiesMichael's Thanksgiving MessageMichael Farr shares his thoughts on this Thanksgiving and where treasure lies.
(Recorded as part of the November 22 edition of The FarrCast)
2023-11-2202 minThe FarrCast : Wealth StrategiesThe Apotheosis of Debt Ceiling Webinars
This week on the FarrCast we are sharing with you the audio of a webinar recorded live on May 8, 2023. Michael Farr explores what we know, and don't know, about the debt ceiling debate. Michael is joined by FarrCast regular Dan Mahaffee for a look at the policy and politics, and from Wells Fargo, Michael Pugliese for an examination of the possible economic and market fallout.
2023-05-1132 minThe FarrCast : Wealth StrategiesFlaming Timbers Falling from the Ceiling!
Jim Iuorio joins Michael Farr for his monthly insights into the markets and talks about being uncomfortably right about the markets. Jim's view of the future is reasonably sanguine, but he's the first to say, crystal balls are pretty murky these days. Matt Leffingwell joins Michael for our look at DC, and Matt previews a bombshell New York Times article coming this weekend that could change the calculus in the GOP House. Finally for our special guest segment, Michael welcomes Keith Davis and Scott Stroud, Chief Economist and Senior Bond Manager respectively for Farr, Miller & Washington. Keith and Scott...
2023-04-0752 minThe FarrCast : Wealth StrategiesBreak Glass in Case of EmergencyThe markets are chopping about after a strong January -- what next? Michael Farr talks with Kenny Polcari on the cross currents in the data. Matt Leffingwell joins Michael for a look at DC -- and Matt gives a dire warning about tensions with China. For our special guest, Michael welcomes Russia expert Joshua Huminski for a look at where we are one year after the Russian invasion of Ukraine.
It's The FarrCast -- Wall Street, Washington, and The World!
2023-02-2051 minThe FarrCast : Wealth StrategiesI Love It When You Say TautalogicallyMichael Farr delivers a Thanksgiving message and gives his overview of the markets before welcoming Jim Lebenthal for a spirted discussion. Michael and Jim disagree on the likely course of the economy, but both recognize the other may be right. If you've ever wondered how short- medium- term outlooks effect investment strategy, this is a must-listen discussion. (Hint: not much!) Michael then welcomes Dan Mahaffee for insight into policy in the upcoming Congress and the likelihood of gridlock in the House.
On The FarrCast, we are thankful for you, our listeners!
2022-11-2556 minThe FarrCast : Wealth StrategiesAxis of (Obscenity Deleted)The FarrCast is back with an international version this week as Michael Farr sets up the virtual studio in France. He welcomes Kenny Polcari to discuss the latest market moves and the philosophy of conservative strategy. Dan Mahaffee discusses the royal succession -- and how it may impact global politics. And for our special guest, Michael welcomes veteran bond trader and Senior VP at Farr, Miller & Washington for a primer on the bond market, and how it is moving during the latest economic changes.
Always timely, it's The FarrCast -- Wall Street, Washington, and The World!
2022-09-0942 minThe FarrCast : Wealth StrategiesNot a Terrible Political AthleteThis week Michael Farr welcomes Kenny Polcari and they discuss how (and why) analyst's estimates are usually a little off. Dan Mahaffee joins for a discussion from the latest in Washington, and in our special guest segment, Michael is joined by Lester Munson, a Washington insider and foreign policy expert. Les tells us about things happening beneath the headlines that could meaningfully change the geo-political, and economic, landscape in the months to come.
Always bringing you information to help you navigate the changing world, it's The FarrCast: Wall Street, Washington, and The World!
2022-07-2154 minThe FarrCast : Wealth StrategiesA Lot of the Unknowns Becoming KnownWelcome to The FarrCast! This week, Michael Farr welcomes Jim Lebenthal for a discussion on why Jim is still optimistic, even (or maybe especially) because sentiment is so sour. Dan Mahaffee reviews Washington gridlock, and in our special guest segment, Michael welcomes Robert Ourisman, Jr., President and CEO of the Ourisman Group of car dealerships. Robert shares the 30,000 foot view of the auto industry, and how the macro economic situation is impacting what you can (and can't) buy in a dealership today.
Bringing you information from Wall Street, Washington, and The World -- it's The FarrCast!
2022-07-1550 minThe FarrCast : Wealth StrategiesFred Was the AnswerAfter a brief COVID break, the FarrCast is back!
Michael Farr welcomes Jim Iuorio who lays out the baby steps the economy is taking past inflation -- and where the Fed's missteps may come. In our second segment, Dan Mahaffee reviews the outlook in DC and the news from abroad that Boris Johnson has finally resigned. And for our special guest segment, Michael welcomes Robert Frick, Chief Economist from Navy Federal, the nation's largest credit union. Bob has a background in behavioral economics and helps to explain why some consumer behaviors appear to be contradicting what the d...
2022-07-0748 min
The FarrCast : Wealth StrategiesI've Been Punched in the Face BeforeThe markets swoon, but Michael Farr and Jim Lebenthal share their wisdom on how to endure. And Jim says why, in spite of the turmoil, he is still bullish in the longer run. Dan Mahaffee joins Michael for a rundown of, wait for it, bi-partisanship on Capitol Hill.
And for our special guest segment, Michael welcomes Dr. Jay Bryson, Chief Economist from Wells Fargo who reviews his recent call for recession -- and why he thinks it will be relatively mild and short.
Bringing you Wall Street, Washington, and The World -- it's The FarrCast!
2022-06-1753 minThe FarrCast : Wealth StrategiesManaging EscalationThe FarrCast is here to help you negotiate the markets' summer of discontent. First up, Michael Farr welcomes Kenny Polcari for a discussion of the Fed and why patience is a virtue. Political analyst Dan Mahaffee joins and tells us about the bi-partisanship on The Hill, and why it's not time to break out the Kum-Ba-Yah song sheet just yet. For our special guest, Michael welcomes Jenny Harrington for great discussion on investing, with examples of what she looks for in an income stock, and why growing companies aren't necessarily growth stocks.
It's a great FarrCast to h...
2022-06-0957 minThe FarrCast : Wealth StrategiesThe Right Mistake to MakeThis week on The FarrCast Michael Farr welcomes Jim Lebenthal, and they have a deep discussion on the cross-currents in the economy, and how differing outlooks can lead to similar strategies. Dan Mahaffee joins for a discussion of the politicization of tragedy and an update on evolving Sino-US relations. For our special guest segment, Michael welcomes back Greg Economos for an update on the trends in real estate, and how inflation coupled with rising rates dramatically impacts what people pay for housing.
Always bringing you information beyond the headlines, it's The FarrCast-- Wall Street, Washington, and The W...
2022-05-2655 minThe FarrCast : Wealth StrategiesA Lot of Concern -- But No PanicThe rally collapsed in dramatic fashion this week. Michael Farr welcomes trader Jim Iuorio to explain why it's a concern, but not a panic. They review key levels and what to look for next. Dan Mahaffee joins for analysis on President Biden's overtures in Asia which could have longer run economic implications. Finally, for our special guest segment, Michael welcomes Hightower colleague Stephanie Link for a dive into the investing landscape and a discussion of why discipline is so important.
Bringing you information to help you navigate your way in the changing investing environment, it's The FarrCast...
2022-05-2047 minThe FarrCast : Wealth StrategiesImmaculate DisinflationThe markets continue to be volatile, and Michael Farr says strap in -- the volatility will continue. On this week's episode Michael welcomes Jim Lebenthal for a discussion on the emotional discipline demanded of the wise investor. Dan Mahaffee joins for the latest from Washington, including a survey of the economic damage of immigration policy, and for his special guest, Michael welcomes Dr. Jeffrey Lacker. Dr. Lacker is a former member of the Federal Reserve Open Market Committee and while he gives the Fed positive marks for their most recent moves, he says more economic pain is to come.
2022-05-1358 minThe FarrCast : Wealth StrategiesWhen Spinning Your Tires (You Sink)The PPI number came in, and inflation is hot! Michael Farr welcomes Kenny Polcari who makes the case that we have NOT reached peak inflation yet. But he's still constructive on the markets for the year. Our political analyst, Dan Mahaffee reviews the economic interests that keeps some countries dealing with Russia. And for our special guest, Michael welcomes Kevin Simpson for a discussion on what investors need to know in uncertain times.
It's The FarrCast: Wall Street, Washington, and The World!
2022-04-1553 minThe FarrCast : Wealth StrategiesListen to Sister Irene Neither snow nor sleet nor -- microphone feedback failure?
Even technical problems can't keep the FarrCast down for long! This week Michael Farr comes to you with a radio essay on the investing world as we turn the page on a tough first quarter. Michael is productive, but reminds investors not to let desire for a positive outcome cloud the data. The world is not likely to end, but it looks like a bumpy stretch of road ahead, and Michael and the FarrCast are here to help you find the smoothest path through.
Coming to you...
2022-04-0123 minThe FarrCast : Wealth StrategiesNever Be Certain of the ConclusionThe markets are rebounding, but will it last?
Michael Farr invites Jim Lebenthal of Cerity Partners to discuss what the market might be telling us about inflation. Dan Mahaffee joins for the latest on Ukraine, and a quick primer on cyber hygiene. For our special guest segment, Michael welcomes Dr. Jay Bryson, Chief Economist from Wells Fargo for a dive into what we, and what we can't know, about the economy, and what the plausible movements from here are.
Always bringing you information to negotiate the economic and investing landscape, it's The FarrCast: Wall Street, Wa...
2022-03-2456 minThe FarrCast : Wealth StrategiesA Banana Taped to the WallThe FarrCast is back again this week! Inflation is still hot, and Michael Farr and Jim Iuorio give a quick lesson on "demand destruction" and what it means for the broader economy. Dan Mahaffee joins us for the latest on Ukraine and how it colors Sino-US relations. And Michael welcomes special guest Greg Valliere for a look at the current political situation in the US, and how politics may impact policy, and the investment landscape.
Coming to you with experts and insiders, it's The FarrCast: Wall Street, Washington, and The World!
2022-03-1048 minThe FarrCast : Wealth StrategiesWhen There's a Sale at Bloomie'sIt's a scary day in the markets, but The FarrCast is here to help make sense of it (and maybe calm your nerves!)
First up, Michael Farr welcomes fan favorite Kenny Polcari who helps us distinguish between volatility and instability. Dan Mahaffee joins for the political report and teases out the threads of the Russo-Ukraine conflict. And for our special guest, Michael welcomes Liz Young, Head of Investment Strategy from SoFi. Liz is cautious, but reminds us to look for the silver lining if the world doesn't end (and it usually doesn't.)
Navigating a course t...
2022-02-2553 minThe FarrCast : Wealth StrategiesEvery Last Creature on the ArkThis week Michael Farr welcomes special guest Tony Fratto, the insider's insider, for an in depth look at the economy. Tony makes a case for why he thinks a recession is not on the cards. But first up, Michael talks markets with Jim Lebenthal, and we get a Russia update from political analyst Dan Mahaffee.
It the FarrCast! Wall Street, Washington, and The World!
2022-02-1757 minThe FarrCast : Wealth StrategiesTotem MovesIt's a big week in Washington with what could prove to be big implications in the markets. This week on the FarrCast, Michael Farr welcomes Greg Valliere of AGF Investments, one of the leading figures explaining Washington to Wall Street, and Wall Street to Washington.
But first up, Michael talks the markets with Jim Lebenthal. Jim discusses what he's looking for in 2022: a rough year, but ultimately productive. And regular Dan Mahaffee helps decode what's going on in Ukraine and what it could mean for energy, diplomacy, and more.
Bringing you experts and insiders...
2022-01-2050 minThe FarrCast : Wealth StrategiesTop Ten for 2022!It's the end of the year -- so it's time for Michael's Top Ten!
Each year Michael Farr selects ten stocks from our watchlist that he particularly likes due to valuation or potential to benefit from economic conditions. In the Top Ten episode Michael reviews these companies so the listener can better understand his thinking.
Please be aware these are not recommendations to buy or sell, but are examples of the type of deep consideration on a given security. Please be aware that all investment involves risk of loss of principle. Past performance is not a...
2021-12-2827 minThe FarrCast : Wealth StrategiesActually Making Progress! (Not Something You Often Hear in DC . . .)As the Christmas season approaches, logjams are clearing on Capitol Hill, and crises are being averted. Dan Mahaffee joins Michael Farr to explain what's going on behind the scenes, and where the next crisis may emerge.
But first, Michael welcomes the irrepressible Kenny Polcari for a deep dive into the markets. Kenny says Santa has already come -- now the trick is will the markets throw out their presents or hold on?
Coming to each week with experts and insiders, it's The FarrCast -- Wall Street, Washington, and The World!
2021-12-0934 minThe FarrCast : Wealth StrategiesLine in the SandThis week's FarrCast kicks off with Michael Farr and Jim Iuorio analyzing the whipsaws of the markets. Jim tells us that while the pullback is ultimately healthy, there may be a bigger airpocket ahead. Next, Dan Mahaffee joins for a discussion of the hectic week in Washington. Congress wants to leave for Christmas, but there is much still on the table.
In the special guest segment, Michael takes a look at the real estate market with Greg Economos and Frank Saul. Their experience in single family, multi-family, and commercial real estate and construction helps work through the d...
2021-12-0349 minThe FarrCast : Wealth StrategiesHere's the Future!On this week's FarrCast, Michael Farr has an extended discussion with the ever insightful Jack Bouroudjian. It's a conversation not to be missed as Jack peels back the layers of the new normal, discusses what it's like to be an immigrant to technology, parses the structural changes happening around us -- and gives us insight into how it all impacts the investing landscape.
But first, Michael welcomes Kenny Polcari for a discussion on the markets, and why Kenny sees pitfalls in the new year. And Dan Mahaffee gives us the latest from Washington and what the prospects f...
2021-11-191h 02The FarrCast : Wealth StrategiesAnd Another Thing!Infrastructure week has come and gone, but all eyes are on inflation numbers. Michael Farr welcomes trader Jim Iuorio to talk about the effects of inflation on the commodities complex; political analyst Dan Mahaffee discusses the political conundrums facing the Biden administration; and Michael's special guest Jenny Harrington talks about longer run investment strategy, plus Jenny shares her insights into the difference between market speculation and investing.
Bringing you experts and insiders, it's The FarrCast: Wall Street, Washington, and The World!
2021-11-1255 minThe FarrCast : Wealth StrategiesRiot in the Happiest Place on EarthWelcome to another episode of The FarrCast! This week host Michael Farr starts the show by welcoming Jim Lebenthal of Cerity Partners. Jim is bullish in the short term and Jim is bullish in the long term -- but he says the path from from short to long could be rough, and patience is a virtue. Next up, Michael is joined by political analyst Dan Mahaffee for a look at the Virginia governor's race, and what it suggests for the midterms.
For our special guest segment, Michael welcomes Dr. Jeffrey Lacker, Distinguished Professor at Virginia Commonwealth University, a...
2021-11-0553 minThe FarrCast : Wealth StrategiesThe Cal Ripken Jr. Approach to PoliticsListen in this week as Michael Farr brings you another panel of experts and insiders to talk Wall Street, Washington, and The World.
First up is Jim Lebenthal who says the equity markets are easing into another leg up -- but while he's optimistic, he reminds us that normal markets always face risk. Political analyst Dan Mahaffee discusses developments in China that have passed under the radar, and gives his insight into the continuing negotiations on Biden's social spending agenda. He says a deal is in the making.
Michael is joined by special guest Lester...
2021-10-2152 minThe FarrCast : Wealth StrategiesDevil Is in the DetailsThe noise from Washington has been deafening on Wall Street and across the World -- and the FarrCast is here to help you sort through it all.
Michael Farr welcomes Jim Iuorio and he tells why he thinks the correction, shallow though it is, might not be done. He shares his targets, and great advice on keeping discipline whether you are a short-term trader, or long-term investor. Dan Mahaffee joins to explain the latest horse trading and what the next step in DC dealmaking will become. Though the heat is off for now, the debt ceiling madness...
2021-10-0752 minThe FarrCast : Wealth StrategiesKabuki Theater of CrisisThe fights on Capitol Hill are widening, and effecting more and more of the economy. On this week's FarrCast, Michael Farr welcomes Greg Valliere of AGF Investments, and the consumate inside analyst to explain what headlines are just noise -- and what is going on behind the scenes that can hurt investors (and the broader economy.) While an agreement appears to be in place to keep government open, the debt ceiling changes everything, and the various factions within both parties are from agreement.
But first, Michael welcomes Kenny Polcari to talk about what's worrying the markets at...
2021-09-3054 min
The FarrCast : Wealth StrategiesThe Pendulum Swings BackOn the final summer FarrCast episode, Michael Farr and Dan Mahaffee take a look beyond the headlines at China. The CCP has made a calculation that money is more important to western democracies than principles, but the tables have turned and many of the same questions are now being asked of China.
But first, Michael welcomes Kenny Polcari for a discussion on the softness of the markets this week, and why no one should be surprised at seasonal volatility.
Wall Street, Washington, and The World -- it's The FarrCast!
2021-09-0949 minThe FarrCast : Wealth StrategiesI Never Stop Hand WringingWe've made it to September, and the FarrCast is bringing you another special before we begin Season Five later in September.
Michael Farr welcomes Jim Lebenthal of Cerity Partners and CNBC for a discussion on market. Jim reminds us as the markets climb to new highs: don't confuse a bull market with brains. Investing may seem easy now, but it's not.
For the second segment, Michael is joined by our regular political analyst, Dan Mahaffee, who breaks down last night's Supreme Court non-decision on the Texas law that creates a new civil vigilante reward system...
2021-09-0258 minThe FarrCast : Wealth StrategiesWhat Is the Stop Digging Plan?August is supposed to be the month the headlines slowdown -- but we always keep an eye on them on the FarrCast and this week bring a special summer episode with Dan Mahaffee and Jim Lebenthal.
Michael Farr discusses the political impact of the Afghanistan debacle with Dan, and what that impact could mean to the Biden domestic policy agenda moving ahead. Michael and Dan segue to China, the second largest economy in the world: will market forces send a message that the CCP can't ignore?
Michael then welcomes Jim Lebenthal for a wide ranging...
2021-08-1937 minThe FarrCast : Wealth StrategiesBe the Dog Walker, Not the DogThe FarrCast comes to you with an abbreviated edition this week, but still an episode packed with insight into Wall Street, Washington, and The World. Michael Farr begins with a state of the markets, and they are pretty good, in spite of Monday's sell-off. The rumors of the end of the world proved to be exaggerated. Dan Mahaffee joins with insight on the standoff in the Senate on the infrastructure bill, and tells us that the bill is still alive, and passage still likely -- just not quite yet.
In the third segment, Michael is joined by...
2021-07-2241 minThe FarrCast : Wealth StrategiesManaging the ChorusThe summer continues and markets keep inching upwards. Listen to the FarrCast for what is appearing on the horizon!
Michael Farr welcomes Kenny Polcari to talk markets and Kenny says the Fed has done a remarkable job managing the shock to the economy so far -- and it never pays to fight the Fed. He expects seasonal weakness, but the economy is rebuilding and the markets will ultimately reflect that.
Political analyst Dan Mahaffee joins for a lightning round of all of the topics flying around DC. It may be summer, but it's certainly not...
2021-07-1548 minThe FarrCast : Wealth StrategiesRe-flation Re-happensWe hope you enjoy this episode as much as we enjoyed making it -- we truly believe this is one of our best!
Michael Farr begins by welcoming Jim Lebenthal who gives us sage counsel on navigating the emotional pulls of the market. He reminds us that corrections always come, and when we are in a correction, it always feels like something much worse.
Dan Mahaffee joins for a rundown of the latest from China. Dan tells us the Communist Party's crackdown on capital markets isn't about capital at all -- it's about data, and...
2021-07-0859 minThe FarrCast : Wealth StrategiesThere's Always Something to BuyOn this week's episode, Michael Farr welcomes special guest Jenny Harrington for a discussion of how to buy in a market at all time highs. It's easy to buy low and sell high -- but when stocks are expensive to begin with, buying high and selling higher is tricky (but not impossible!)
But first, Michael begins the show with Kenny Polcari and a look at markets facing rising inflation, but piles of cash on the sidelines. And political analyst Dan Mahaffee outlines what could be the nightmare summer for both the Dems and GOP.
Bringing...
2021-06-1051 minThe FarrCast : Wealth StrategiesStill Bullish-ishThe summer doldrums have come to the markets, but does it mean it's time to sell and wait? Michael Farr welcomes Jim Iuorio from the Chicago Mercantile Exchange who says he remains constructive on the markets as the recovery continues. Political analyst Dan Mahaffee joins to discuss the latest news from the MidEast. Is Netanyahu's dominance of Israeli politics coming to an end? Plus, he and Michael discuss who may be the most powerful person in the US Senate -- and it's not Joe Manchin.
For our special guest segment, Michael welcomes back Dr. Jay Bryson, Chief...
2021-06-0356 minThe FarrCast : Wealth StrategiesDon't Lead with the OpinionThe markets are beginning to hit the summer doldrums, but that's not a time for investor complacency! Michael Farr welcomes guest Jim Lebenthal of CNBC and Cerity Partners for a dive into the markets. Jim says the markets can expect some choppiness, but he expects another leg up before the end of the year that will reward the patient investor.
Political analyst Dan Mahaffee joins for a look at DC politics, and the policy compromises that are likely to be made. He sees three trains coming down the track but the Congress may only have room for...
2021-05-2750 minThe FarrCast : Wealth StrategiesSending Cryptic MessagesThis week has seen volatility continue, and wild swings in cryptocurrencies. Michael Farr welcomes Kenny Polcari for a dive into what's going on in the markets. Kenny says the choppiness is likely to continue, and he's not worried -- but you have to do your homework. Process is boring, but boring can yield results.
Dan Mahaffee joins Michael for a discussion of the state of the GOP organization. Dan says Biden still has a lot of triangulation within his own party, and as the rhetorical temperature heats up.
In the third segment, Michael delivers one...
2021-05-2055 minThe FarrCast : Wealth StrategiesPotential to Spook the HerdThis week on The FarrCast, Michael Farr welcomes special guest Andy Keiser for a dive into cybersecurity, and the big picture implications of the Colonial Pipeline hack. As we've seen this week, cyber risk is a national security risk -- but it's a business risk as well.
First up though, Michael welcomes top trader and regular guest Jim Iuorio. The markets reacted badly to the inflation data this week, but Jim tells us that inflation isn't really what the markets are worried about, but what the Fed might do in response to inflation.
Plus, our w...
2021-05-1357 minThe FarrCast : Wealth StrategiesThe Price of a Dalliance on Wall StreetAfter some choppiness, the Dow reached new highs this week -- Michael Farr and his guests are here to divine what may be ahead!
First up is Jim Lebenthal who reminds us that the second year of a recovery is usually harder in the stock market than the first, and that more choppiness is normal. Michael and Jim talk about how some companies are shifting their outlooks, and what it can mean for the long term investor.
Next, Michael is joined by political analyst Dan Mahaffee who points out similar changes in national economic policy t...
2021-05-0648 minThe FarrCast : Wealth StrategiesYou Don't Get a Hangover While You're Still DrinkingPresident Biden and Fed Chair Jay Powell delivered important speeches this week, and Michael Farr turns to the ever-insightful (and truly nice guy) Jack Bouroudjian to help explain how the economy, and investing landscape, are evolving. Jack helps explain why the Fed isn't as worried about inflation as some might think -- at the end of the day we know how to fight inflation, but deflation isn't as easily solved.
But first, Michael is joined by the ever-ebullient Kenny Polcari. Who gets excited about the dollar and foreign currency fluctuations? Kenny Polcari does! And we are joined...
2021-04-2952 minThe FarrCast : Wealth StrategiesBlue Meat for the BaseThe FarrCast this week comes to you recorded as news was leaked about the new Biden capital gains tax proposal. Kenny Polcari joins Michael Farr to parse the market (over-) reaction. Kenny says he doesn't think it's the beginning of a correction, but if there is anything markets hate -- it's uncertainty.
Dan Mahaffee gives his insight into the political strategy involved, and the (low) chances of passage. As a matter of policy, the actual revenue predicted to be raised by the increase is little more than a rounding error.
Michael welcomes Sarat Sethi for...
2021-04-2351 minThe FarrCast : Wealth StrategiesThe Usual UncertaintiesEvery time is different -- but the economic landscape is looking more familiar and the uncertainties more recognizable. But that doesn't mean investors can become complacent!
This week, Michael Farr is joined by Jim Lebenthal to talk about the beginning of earnings season and Jim says that the bank earnings have broad implications beyond those stocks. There are plenty of long term concerns to watch -- but nothing approaching crisis level (yet.)
Political analyst Dan Mahaffee joins to talk about the wheeling and dealing in the Senate as well as geo-political tensions, all of which...
2021-04-1549 minThe FarrCast : Wealth StrategiesBottoms Are Events -- Tops Are ProcessesThe first quarter of 2021 is complete and The FarrCast is with you to help you navigate what's next.
Michael Farr is joined by Jim Iuorio for a look at the markets. Jim sees the distortions of inflation in the markets, and says that markets are the place to be. The market action of the last couple of days indicates a significant turn to Jim, and he shares what indicators he's looking for, for confirmation.
Our political analyst, Dan Mahaffee joins for a discussion of the new approach to China and why the competition matters in so...
2021-04-0155 minThe FarrCast : Wealth StrategiesThe Most Difficult Thing Is to Make the TurnOn this week's FarrCast, we come to you with a slightly different format -- Michael Farr is joined for an extended discussion by both Jim Lebenthal and Steve Weiss from CNBC. Though they have differing strategies, they see the markets in much the same way. Michael, Steve, and Jim have a lively discussion with some arguments, more agreements, and lots to learn.
We close the show with an in depth discussion with Dan Mahaffee on the current state in DC and how it may impact the economic landscape. Dan says he doesn't expect tech legislation -- it's...
2021-03-2656 minThe FarrCast : Wealth StrategiesMaybe We're Going to Overdo ItIt's the day after St. Patrick's Day and the day after Fed Chair Powell says inflation isn't a problem. The FarrCast is here to discuss what happens if maybe we overdo the stimulus a bit -- for overdoing the Guinness & Jameson, you're on your own.
First up is Jim Lebenthal from CNBC and Cerity Partners to talk with Michael Farr on what sees in tech, travel, and the other sectors in the markets as we digest the inevitable higher rates of the reopening. Dan Mahaffee discusses DC and the new trade representative, Katherine Tai; everyone in Washington...
2021-03-1857 minThe FarrCast : Wealth StrategiesSailing Closer to the FallsThis week on The FarrCast, Michael Farr's special guest is Dr. Jay Bryson, Chief Economist from Wells Fargo. He says that for all of the instability of the economy, the outlook is constructive. The Fed and the Treasury have gone big in their solutions, and thus far, going big has worked.
Opening the show, Michael welcomes Jim Iuorio from the floor of the CBOE. From the floor, Jim has a similar outlook to Dr. Bryson in the research halls and boardrooms -- constructive, but wary of threats.
Our regular political analyst, Dan Mahaffee, joins us f...
2021-03-0851 minThe FarrCast : Wealth StrategiesExceeding ExpectationsThis week's episode of The FarrCast opens with Michael Farr talking markets with Kenny Polcari. All of the data is beating expectations, but Kenny reminds us that long term investing isn't haphazard: you can't just buy everything. Michael welcomes Dan Mahaffee for a quick spin through Washington and the policy, and political, arguments that matter. Finally, special guest Stephanie Link joins, and she and Michael have a spirted discussion about investing through the remainder of the year. A diversified portfolio is always important, but Stephanie believes the current rotation is more than just a head fake this time.
2021-02-2546 minThe FarrCast : Wealth StrategiesFormer Fed Pres Sees 2-3% Ten Year On the HorizonOn this week's FarrCast, Michael Farr has an extended discussion with Dr. Jeff Lacker, former President of the Richmond Fed, about the state of debt, the monetary experiment, and what it means for the economy, and markets, moving forward. Dr. Lacker says rates are hard to predict, but 2-3% on the ten-year by the end of the year "isn't out of the ballpark." He gives a clear, plain-spoken explanation of some of the forces at work and while Jeff is skeptical about the current path of monetary policy, maintains disaster is not inevitable.
But first, Michael welcomes...
2021-02-1849 minThe FarrCast : Wealth StrategiesKeep Your Hands On the WheelFlexibility is the key word in this week's episode of The FarrCast.
Michael Farr welcomes Kenny Polcari to the show to talk markets, and Kenny talks about the importance of flexibility in your risk management to realize profits. Dan Mahaffee joins to talk about the showdown in DC on COVID relief, and the lack of flexibility many GOP members face between the prospects of radical right wing challenges in primaries and moderate Democrats in general elections. In our special guest segment, Michael welcomes back Jenny Harrington, CEO of Gilman Hill, and one of the brightest, clearest voices o...
2021-02-1149 minThe FarrCast : Wealth StrategiesThere's Going to Be a Lot of AsterisksMichael Farr welcomes Jim Iuorio from the Chicago Mercantile Exchange to give his opinions on the wobble we've seen in the markets. Jim says the technical indicators are telling him that the last few days have shown a consolidation, and he's looking for markets to begin moving upwards again. Dan Mahaffee joins for a discussion of the new Congress, and how the reconciliation process the Senate is exploring works. Expect some grandstanding, but Dan says a big stimulus package will work its way through in the next two months.
In our special guest segment Michael talks to...
2021-02-0448 minThe FarrCast : Wealth StrategiesCan We Vote for Amanda Gorman Now?The United States has a new President, and we bring you a new FarrCast!
Michael Farr welcomes Kenny Polcari to talk about the next step for the markets. Kenny says the markets are frothy, but not a true bubble. He expects a pullback sometime in the first quarter -- which he sees as healthy, and an opportunity.
Lester Munson, longtime Capitol Hill insider, joins Michael for a discussion of the agenda for the Biden Administration, and what it could spell for the economy. And Dan Mahaffee talks with Michael about the temperature in Washington coming...
2021-01-2147 minThe FarrCast : Wealth StrategiesThere's Still Some 2020 Stuck to My ShoeIt's a tumultuous first week of 2021. Michael Farr welcomes Jim Iuorio to talk markets -- don't be surprised if there is a pullback, but the outlook through to the medium term is good -- and Dan Mahaffee to discuss the unprecedented assault on the Capitol.
The United States has faced other crises before, and the Republic endures. Michael finishes with a positive note and a word on his faith in the American Way.
2021-01-0738 minThe FarrCast : Wealth StrategiesThe Top Ten For 2021!Every year, Michael Farr selects ten stocks that he follows as his picks for the coming year. Listen in as Michael and producer Harry Jennings discuss the stocks, the companies, and what drives an investment thesis for the coming year.
Thanks to all of The FarrCast audience for listening in during 2020. We will be back to you next week as we continue season four. The FarrCast: Wall Street, Washington, and The World.
2020-12-3040 minThe FarrCast : Wealth StrategiesWhen Everyone Expects SomethingRumor has it that 2020 will come to an end in two weeks, and The FarrCast is here to look ahead. Michael Farr welcomes Jim Lebenthal from CNBC's Halftime Report to talk markets. Congress is finally close to a stimulus deal after seven months, will it be a "sell the news" event? Jim and Michael agree with the pain that much of America is feeling, the stimulus is necessary as a political as well as economic item.
Dan Mahaffee joins for the latest from DC and the hints of a powerful center rising in the Senate -- but...
2020-12-1745 minThe FarrCast : Wealth StrategiesThe Drunken Sailor's Path to RecoveryThis week's FarrCast kicks off with Michael Farr and Kenny Polcari looking at the markets -- with the big November rally, the Santa Claus rally might not have much legs. The two of them revisit some of the structural changes that have occurred in markets over the years.
Dan Mahaffee joins for a look at the Biden cabinet as it comes together, and what it tells us about policy.
And finally in our special guest segment, Michael welcomes first-time FarrCast guest Tory Newmyer, National Correspondent for The Washington Post and primary author of the regular F...
2020-12-1045 minThe FarrCast : Wealth StrategiesNo Stimulus, No Problem?Markets have welcomed vaccine news moving to new highs. Michael Farr welcomes Jim Lebenthal who says that markets are now finding a new normal. Investing for the long term is difficult in an expensive market, but Jim says the path of least resistance is now up.
Political analyst Dan Mahaffee joins for a discussion on the polls, the Senate races in Georgia, and why stimulus appears dead until the new Congress is convened in January. And in our World segment, Michael is joined by Dr. Jay Bryson, Chief Economist for Wells Fargo who forecasts healthy GDP growth...
2020-11-1950 minThe FarrCast : Wealth StrategiesThe Election Reveals -- A Rising Bull MarketThe election has past, and while there are still question marks, disputes, and the odd law suit, the markets don't seem to care.
Jim Iuorio joins Michael Farr for a look at the markets today, and Jim makes a case for the surge that began this week, "having legs." He sees the tech trade as not just a "stay-at-home" play, but also being driven by balance sheet strength and a store of value. It might not be all clear skies, but Jim sees more reasons for optimism heading into 2021.
Our senior political analyst, Dan Mahaffee...
2020-11-1248 minThe FarrCast : Wealth StrategiesThe Election Limbo EditionThe election is over, but the counting continues. Michael Farr welcomes political analyst Dan Mahaffee and markets expert, Jim Lebenthal, to help untangle the threads and make some sense of what we know -- and examine what we don't know yet. Jim and Michael agree volatility will increase as the election count saga continues, but the plausible end results look to likely be positive for the long term investor. Dan Mahaffee joins the conversation with a look at what we do know, don't know, and when we might know more.
Wall Street, Washington, and The World have...
2020-11-0423 minThe FarrCast : Wealth StrategiesTRUMP WINS!!! (Experts Weigh in: It Could Happen)On the FarrCast, we bring you insight into Wall Street, Washington, and The World. This week, the three are speeding together on a collision course. Will they feed off each other and spin away with new energy? Or will it just be a train wreck?
Michael Farr welcomes market expert Kenny Polcari as his first guest to look at the market wobble. Kenny says it shouldn't be a surprise, and their may be another leg lower -- but the smart investor can find opportunities in the pullback.
For our special election week analysis, Michael turns...
2020-10-2946 minThe FarrCast : Wealth StrategiesOff Again, On Again StimulusThe news is coming fast and furious this week, and The FarrCast is here to help separate what investors need to know from the noise.
Michael Farr welcomes Jim Lebenthal this week to talk about Wall Street. Markets appear to be comfortable with the idea of a Biden presidency, but not with the idea of killing stimulus. Jim says the turmoil will continue -- but investors have to look forward to 2021 and beyond, and he's constructive on long term prospects. Political analyst Dan Mahaffee joins to talk through some of the political ramifications of this week's events...
2020-10-0749 minThe FarrCast : Wealth StrategiesFarr Flash: Special EditionThe President has tested positive for COVID-19 and the markets have tumbled -- but is the move lower one more shout in a noisy room, or a fundamental shift? Michael Farr and producer Harry Jennings discuss the morning's news and what the long term investor needs to look for as news develops.
Exploring the intersection of Wall Street, Washington, and The World -- it's The FarrCast!
2020-10-0207 minThe FarrCast : Wealth StrategiesOptimism Is a Matter of TimingWall Street has hit a speed bump today, but the economy is facing much more than a bump in the road. Why the disconnect?
This week on the FarrCast, Michael Farr welcomes Jim Iuorio to talk markets, and Jim says a correction could happen anytime -- but he's not expecting one imminently, and explains why (and how the resignation of the Prime Minister of Japan effects his thesis.) Dan Mahaffee joins to talk about Washington and the US political scene. Racial wounds have been exposed in Minneapolis, Kenosha, and elsewhere. How are America's fault lines opening in...
2020-09-0353 minThe FarrCast : Wealth StrategiesA Bumpy Ride (An Economy on the Brink & Market Nearing a Bubble)Season Four of The FarrCast begins now!
We've cut our summer hiatus short because there is so much to cover, and so much we want our listeners to know. To begin the season, Michael Farr welcomes Jim Lebenthal to talk about the markets; (maybe not a bubble yet, but "bubblicious") our senior political analyst Dan Mahaffee on the elections; (investors need to consider what policy arises from politics) and Tony Fratto, former Deputy Press Secretary and Assistant Secretary of the Treasury in the Bush Administration. Michael and Tony have a wide ranging conversation on the pandemic, the...
2020-08-2859 minThe FarrCast : Wealth StrategiesBonus Edition: What Will It Take to Get Back to Normal?Michael Farr and Dr. Jeffrey Lacker, former President of the Richmond Federal Reserve Bank, continue their conversation from this week's FarrCast episode. In the bonus edition, Michael and Dr. Lacker discuss the limits of the power of any central bank, the reasons the Fed will always remain solvent, and why we aren't seeing widespread inflation.
Every week The FarrCast brings you experts and insiders and sometimes their conversations can't fit into a single episode, so we bring you this week's bonus edition. We hope you enjoy listening as much as we enjoyed making the show!
2020-08-0625 minThe FarrCast : Wealth StrategiesDid the Fed Do Too Much or Too Little? (Maybe Yes & Yes)The markets have consolidated near their pre-pandemic highs, but the economic data on the recovery is leveling off. In Washington, progress on a new round of stimulus is slow at best, even as extended unemployment relief expires. The future is always uncertain -- but there is more uncertainty now than ever.
Don't worry, get informed! Michael Farr welcomes Jim Iuorio to explain the distortions in the markets, and where he sees opportunities. Dan Mahaffee explains the logjam on Capitol Hill, and the forces that each party are facing within their own caucuses. Dr. Jeffrey Lacker, former President...
2020-08-0550 minThe FarrCast : Wealth StrategiesA Red Wave? (Not the Chinese Kind): America Will AdaptWall Street's eyes turn to Washington this week as The Fed meets and the Senate tries to pass a stimulus & relief package. On the FarrCast, Michael Farr invites some of the best minds on both Wall Street and Washington to help us all understand what is happening -- and what may be coming next.
Jim Lebenthal of CNBC joins Michael for the first segment discussing the wobble the markets have taken as they reach new highs. For our second and third segment, Michael welcomes Lester Munson, former Chief of Staff of the Senate Foreign Relations Committee, and...
2020-07-2951 minThe FarrCast : Wealth StrategiesWhich Part of the Handbasket?Markets strive for new highs & Michael Farr welcomes back Kenny Polcari for another discussion of where Kenny sees the market opportunities -- and where he see threats. Dan Mahaffee joins with the latest from DC and says the next round of stimulus isn't a guaranteed pass -- it might take another crisis to get it over the finish line.
For our third segment, Michael welcomes Lester Munson of BGR International, and a FarrCast fan favorite. Les has a long career on Capital Hill and decades of experience in foreign policy. He says the relationship with China is...
2020-07-2251 minThe FarrCast : Wealth StrategiesI Think It Adds Clarity & MaturityThe markets wobbled a bit this week, but then pushed higher. On this week's FarrCast Michael Farr welcomes Kenny Polcari to talk markets. Kenny agrees there is a disconnect between the markets (doing great) and the economy (not so much), but the economy can rise to the markets. Dan Mahaffee joins for the latest in DC, including the prospects of the next round of stimulus/relief. And in our special guest segment, Michael welcomes Mark Hamrick of Bankrate for a deeper look at the damage to the economy and the hard work of the recovery.
It's The...
2020-07-1546 minThe FarrCast : Wealth StrategiesYou Have to Respect Both Sides of the EquationWe are coming to you with another great episode of The FarrCast. First up, Michael Farr welcomes Jim Lebenthal of Cerity Partners and a contributor on CNBC. Jim says the markets aren't quite making sense right now, but with the liquidity of the Fed -- and cash on the sidelines -- a floor is likely in. Jim's sense is the market moves largely sideways this year, but thinks buying opportunities will arise and gives great practical advice on how to take advantage.
Jim says he heard a rumor there is an election this year, and for that...
2020-07-0948 minThe FarrCast : Wealth StrategiesNothing Is More Real Than NothingWe come to the close of the first half of 2020, and it seems like we’ve had quite a decade in the last six months. As always, The FarrCast is with you to provide insight into Wall Street, Washington, and The World!
Michael Farr gives his outlook on the markets – we are seeing good news, but not great news. The markets are acting like the news is great though. And Farr says that ultimately what pulls the economy up will be demand – and supply side solutions don’t help with demand side problems.
Dan Mahaffee joins to...
2020-06-2455 minThe FarrCast : Wealth StrategiesBonus Segment: Is There a Day of Reckoning?Michael Farr and Heather Long continue their conversation on the economic recovery. There will be consequences for the stimulus & relief packages, but as Kenny Polcari said in the previous FarrCast episode, "There is No Playbook." Michael & Heather explore what the fallout may be -- and when it will come.
Bringing you experts and insiders every week, it's The FarrCast: Wall Street, Washington, and The World!
2020-06-1712 minThe FarrCast : Wealth StrategiesThere's No PlaybookVolatility is the watchword -- in the market, in the economy, and in the world.
Michael Farr welcomes another fabulous lineup of guests to help you make your way through the threats and find the opportunities in today's turbulent environment! Kenny Polcari explains the sudden breaks in the markets as prices get away from fundamentals. There are no good historical models for what the markets are facing, so changes in sentiment produces whipsaw movements. Dan Mahaffee helps explain the disputes in Asia -- and why China finds itself on the side of helping smooth things over for...
2020-06-1749 minThe FarrCast : Wealth StrategiesThey Never Know When to Leave the PartyUnrest in the streets, discord in Washington, economic data tanking . . . and the markets are up?
Michael Farr welcomes Jim Iurio to help decipher what is going on. Jim says the markets will continue to rebound -- but the path won't be straight up. And he has a hopeful message about the current unrest in the US. Dan Mahaffee gives a DC perspective and what the handling of the pandemic and the death of George Floyd could mean for US politics, and geo-politics.
For this week's special guest, Michael is joined by Jeff Saut of Saut...
2020-06-0346 minThe FarrCast : Wealth StrategiesHow Long to Cross This Valley?The markets continue to move higher while the economy teeters on the brink. Confused? The FarrCast is here to help!
Michael Farr begins with a quick look at the markets, and the strategy he is following to help navigate the turmoil. Dan Mahaffee joins for look at the motivations behind the crackdown in China, as well as the politics of the restart here in the US. For our special guest segment, Michael welcomes Dr. Jay Bryson, Chief Economist for Wells Fargo Investments. Jay shares his perspectives on the economic outlook -- the third quarter may look great...
2020-05-2849 minThe FarrCast : Wealth StrategiesBonus Edition: "We're Not Going to Find Out Until We Get There"On the May 20 episode of The FarrCast, Michael Farr and Dr. Jeffrey Lacker continued their conversation after the show wrapped, and we kept the tape rolling! We are happy to bring you this extended bonus segment of the FarrCast.
Dr. Lacker says the current market levels are plausible -- even in the face of the economic storm. He says the Fed may have gone too far too fast in the response to the pandemic. And in spite of the turmoil, he (like Michael) remains fully invested, looking through to the other side of the storm, even though...
2020-05-2115 minThe FarrCast : Wealth StrategiesA Collision CourseThe United States is beginning to re-open as the spread of the pandemic slows. Michael Farr welcomes guests Dan Mahaffee and Former President of the Federal Reserve Bank of Richmond, Dr. Jeffrey Lacker. The markets, economy, and politics appear to be on a collision course, and Michael and his guests talk through it. Michael lays out the numbers -- there is a lot of stimulus, and a lot of debt, and that will not be without consequence. Dan Mahaffee outlines the gridlock, and the failures of government to prepare for the post-lockdown world. Finally, Dr. Lacker joins to discuss...
2020-05-2146 minThe FarrCast : Wealth StrategiesSchroedinger's CongressPlans are being made to restart the economy, but the markets are already well ahead. Are markets getting ahead of themselves? Michael Farr discusses the threats yet to be defined. Dan Mahaffee joins for a look at the policy debates in Washington, and how the lines are being drawn for the next fight.
For this week's special guest, Michael welcomes Greg Protiva of Intercoastal Mortgage Company. In spite of the pandemic, Greg is seeing the busiest month of his long career. He explains how the Federal Reserve's policies have impacted the mortgage market "at ground level" and...
2020-04-2946 minThe FarrCast : Wealth StrategiesI Never Thought My Introversion Would Save LivesMarkets continue to climb off the lows, now back within 15% of the record highs. Yet, forecasts are for 30-40% drops in GDP -- one of these numbers is out of place. Michael Farr takes a look at the markets and where he sees the disconnect.
As we continue to examine the impact of the pandemic, Michael welcomes another guest from the front lines -- this time the owner of a small business facing a cessation of revenue, Capt. Dave Ramsey of Park Shore Marina. Capt. Dave discusses how the shutdown is effecting his business, the uncertainties he f...
2020-04-1549 minThe FarrCast : Wealth StrategiesWe Have to Be FirmThe curve is flattening: this might not be the beginning of the end for the pandemic saga, but may be the end of the beginning.
On this week's FarrCast Michael Farr welcomes Steve Weiss for a look at investing through, and beyond the coronavirus. Steve shares the developing he sees and he is investing in, and while there will be a rough road, he believes the economy and markets will ultimately emerge stronger. Political analyst Dan Mahaffee joins with a discussion for the political pitfalls that the restart of the economy will face. We have placed the e...
2020-04-0854 minThe FarrCast : Wealth StrategiesNot Without ConsequencesMark Hamrick, one of the most experienced financial journalists in the country joins us this week. For all of the ups and down he and Michael Farr have seen over the years, from the crash of 1987 to the Great Recession and all points in between, there has been nothing quite like what we've seen in the past few weeks. The last time Mark was on was on, the markets were at all time highs, and talk of possibility of recession caused by coronavirus was laughed at -- what a different world we live in six weeks later.
...
2020-03-1855 minThe FarrCast : Wealth StrategiesWrap Yourself in Chaos & Wait for the Fog to ClearUS markets have officially entered a bear market, and Michael Farr is with you on the FarrCast to help you navigate through it.
This week, Michael talks about the importance of looking through the numbers and coping with unknowable unknowns. Dan Mahaffee joins for a discussion on the government's response to the coronavirus crisis, and the possibility of further fiscal relief and stimulus.
For our third segment, we have the great Robert Frick, Chief Economist of Navy Federal Credit Union, and an expert on behavioral finance. He gives us sound advice on staying the course fo...
2020-03-1247 minThe FarrCast : Wealth StrategiesLeopards Don't Have StripesMarkets are at all time highs and no one seems worried. That worries Michael Farr. He shares the potential headwinds he's seeing, but while the music is playing, we keep dancing (but stay close to your chair!)
Dan Mahaffee joins Michael to talk about the New Hampshire results, and the increasingly possibility of a brokered convention this year for the Democrats.
Journalist Mark Hamrick is with us for the third segment and talks about his concerns over the markets' reaction to Coronavirus, and why the Fed won't bail us out every time something bad happens. (It's not...
2020-02-1249 minThe FarrCast : Wealth StrategiesAre Markets Scared of Nothing?Coronavirus, economic slowdown of the world's second largest economy, disruptions in the bond markets, political chaos, Brexit, impeachment . . . and markets keep rising!
On this week's FarrCast Michael talks with Jim Iuorio on what Wall Street is looking at -- and the difference between politics and assessment of policy.
Dan Mahaffee joins to talk Washington and The World as we face the end of the impeachment saga, and what the disaster in Iowa means moving forward. Coming to with experts and insiders to help you navigate Wall Street, Washington, and The World -- it's The FarrCast!
2020-02-0537 minThe FarrCast : Wealth StrategiesThe Ides of January Are Upon Us. . . and for all of the risks out there -- the economy and markets are pretty good.
This week Michael welcomes Jim Iuorio to talk markets to explain his bullish call on the markets. Dan Mahaffee and special guest Lester Munson are in studio to beyond the headlines: Iran, Phase One, Iraq, Impeachment, Debates, and now breaking news from Russia. Where are the threats? The opportunities?
Listen to The FarrCast as Michael Farr brings you experts and insiders to help you navigate Wall Street, Washington, and The World.
2020-01-1550 minThe FarrCast : Wealth StrategiesThe Year End All-Star Review!The US markets have posted a stellar year, and on the FarrCast we have had a stellar lineup of guests. We've talked to some of our top guests to get their thoughts on 2020. No one can know the future -- but these are the experts' experts and their foresight can help you navigate the year ahead!
Featuring:
Dan Mahaffee from the Center for the Study of the Presidency and Congress, Jim Iuorio from the Chicago Board of Trade, Mona Mahajan, US Strategist, AllianzGI, Martin Barnes, Chief Economist of BCA Research, Jay Bryson, Chief Economist of Wells...
2019-12-261h 21The FarrCast : Wealth StrategiesMichael Farr's Top Ten for 2020!In the first of our year-end specials, Michael Farr shares with you his Top Ten for 2020!
Each year, Michael selects a list of stocks that he personally purchases with the intention of holding for one year. He invests an equal dollar amount in each position, then re-invests the following year in the new list.
This week, Michael shares the stocks that make the list for 2020, and a bit about the investment thesis and outlook for each.
A special reminder for the Top Ten List: The FarrCast is...
2019-12-2128 minThe FarrCast : Wealth StrategiesA Bi-Partisan Marshmallow FailureMarkets reached all-time highs this week but there is still cash on the sidelines. The initial GDP read for the third quarter was released this morning and it's a little better than feared. Meanwhile the investing world awaits the latest from the Fed.
It's a special pre-Fed FarrCast this week as Michael Farr breaks down why the economy is ok -- and while it's difficult finding value, ok is still ok.
Dan Mahaffee joins for a discussion on conservatism in the age of Trump, and the latest on impeachment. Politics shape policy, and Dan and...
2019-10-3031 minThe FarrCast : Wealth StrategiesGetting All Dolled UpIt's the beginning of earnings season and Michael Farr welcomes Kenny Polcari to talk about what the market sentiment is, and how the investor needs to think about the sudden moves that the computerized trading produces. It's been quite a week in DC, and Dan Mahaffee helps break it down, and reminds us that when the ground shifts beneath the Presidency, it moves quickly. Finally, Michael welcomes special guest Stephanie Link of TIAA/Nuveen. Stephanie talks about what she is looking for in earnings season, and that the trade detente is meaningful for the markets -- things might be...
2019-10-1650 minThe FarrCast : Wealth StrategiesWas There Anything in the News This Week?Boy was there!
Michael Farr talks with Dan Mahaffee to break down the President's approach to Ukraine, the opening of impeachment hearings, and the potential political fallout. Our special guest this week is Heather Long of the Washington Post, the top journalist covering the Federal Reserve in the country and she shares her insights on the decision making engine of the Fed, and thoughts on what comes next.
BUT FIRST! What's repo, and why does it sound scary when they talk about it? Andy Mathes helps Michael break down the credit crunch in the repo m...
2019-09-2549 minThe FarrCast : Wealth StrategiesFarrFlash -- Your Summer Update from The FarrCastIt may be our summer hiatus, but we are bringing you weekly updates from Wall Street, Washington, and The World. Join Michael Farr as he gives his insight into this week's markets movements. We've backed down from the highs, but this is still an expensive market -- but you can still find value. In Washington, the debt ceiling negotiations have begun and the Fed convenes in ten days. Moving on to The World, the tensions in Iran don't seem any closer to resolving.
Michael Farr shares his reflections on the week -- because even though it's summer, the...
2019-07-1915 minThe FarrCast : Wealth StrategiesWe're Followed By All of the Finest Treasury SecretariesRemember when interest rates spiked upwards? Well, the markets are still trying to find to stability. Kenny Polcari told us that we have to test the lows of October again and then the markets can begin to build again. Rates are rising, and the markets have to decide what the proper valuation is in the new environment. Kenny gives us a quick primer on the fragmentation of the markets, and how that exaggerates the volatility.
Michael welcomes Matt Leffingwell to talk about DC post-midterms. It's been a while since we've heard from Matt, and he walks us through the chatter o...
2018-11-2146 minThe FarrCast : Wealth StrategiesFarrCast Episode 3This week on The FarrCast markets, doom, wealth gap, taxes, and more about the markets. 30th years after the 1987 crash, Michael, Doug Kass, and Kenny Polcari -- all on the ground in 1987 -- talk about what happened, and what could happen to the current bull market. History doesn't repeat itself, but it usually rhymes.
Today's news from DC injects new uncertainty in the markets. Who will be the new Fed Chair? Can tax reform happen? The Republican Whip is working. Does the market care? Matt Leffingwell gives an insider's view, and Michael & Kenny talk about the future of markets in the f...
2017-10-2554 min