How 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 compared to the second, but with 38 million unemployed, we are a long way from returning to the level of activity we saw in 2019. It's the FarrCast! Wall Street, Washington, and The World. To read Michael and Dan's recent op-ed on CNBC.com, "China May Kill Market’s Bullish Recovery," go to: https://www.cnbc.com/2020/05/26/op-ed-china-may-kill-markets-bullish-recovery.html