It's a contentious FarrCast this week, as Michael Farr welcomes Jim Lebenthal and they disagree on the trajectory of the economy, and the coming steps from The Fed. Yet, for the disagreements, they arrive at very similar conclusions about the path forward for the wise investor. Next up Dan Mahaffee gives his take on the latest in Beijing and Washington, and shares his observations from his recent trip to the Far East.
For our special guest this week, Michael welcomes Kenny Polcari to talk about some of the changes in market operations Kenny saw from 30 years on the floor of the New York Stock Exchange. The way the market operates has changed, but the fundamentals for long term investing remain -- ignore the noise (even though the kinds of noise are different now.)
Helping you distinguish signal from noise, it's The FarrCast -- Wall Street, Washington, and The World!