Welcome to the FarrCast, hosted by Michael Farr, president and CEO of Washington DC wealth management firm, Farr, Miller & Washington. The FarrCast brings you up to date news from Washington, Wall St., and Main St., and discusses what it means for you and your future investments. Each week Michael will have guests with insights into economics, policy, personal finance, and the intersections between them all. Listen in not just for analysis of what has happened, but for the forecast of where the markets are going.
Washington is rocked as Gary Cohn resigns! Will markets shudder too?
Tariff arguments are pitting the GOP against itself! How will it affect companies and workers on the factory floor?
There is a lot to move the markets. We have the experts, Kenny Polcari, Matt Leffingwell, and a special guest from the steel industry, Craig Bram, CEO of Synalloy Corporation, to help our listeners sort it out.
Polcari says markets will be nervous about Cohn's departure, and more volatility is likely to be injected into the markets. Leffingwell says the Republicans are furious about the tariffs, and Cohn's departure leaves the White House with fewer experts. Craig Bram talks about what the tariffs mean for a specialty producer, and why a targeted tariff would be a boon for the industry and for Synalloy.
Listen to the FarrCast and learn what the news is on Wall Street, in DC, and in industry. How will they three collide, and importantly: what does it mean for the economy, the markets, and your money?