FarrFlash -- Your Summer Update from The FarrCast

It 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 markets don't go to the beach.