Nothing Is More Real Than Nothing

We come to the close of the first half of 2020, and it seems like we’ve had quite a decade in the last six months. As always, The FarrCast is with you to provide insight into Wall Street, Washington, and The World! Michael Farr gives his outlook on the markets – we are seeing good news, but not great news. The markets are acting like the news is great though. And Farr says that ultimately what pulls the economy up will be demand – and supply side solutions don’t help with demand side problems. Dan Mahaffee joins to talk DC & politics – the President is focused on his base, and the policies the base wants to see have distinct economic consequences. For our special guest segment, Michael welcomes Robert Frick, Chief Economist from Navy Federal Credit Union. Bob talks about the optimism at the beginning of the recovery – in the absence of fact, we choose to believe in the best outcomes. There are dangers however: Bob says we’ve added back the easy jobs, and it’s a long struggle from here to get the economy back to pre-COVID levels. Coming to you every week with experts and insiders, it’s The FarrCast!