No 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 without stimulus in a base case. Jay looks forward to the next business cycle and sees a return to the slow growth environment of the previous decade. Helping you decipher the intersection of Wall Street, Washington, and The World -- it's The FarrCast!