The FarrCast : Wealth Strategies
Business:Investing
It's another week and another fabulous FarrCast. On the FarrCast, we believe that emotion is the enemy is enemy of the long term investor, and it has been an emotional month in the Markets. Kenny Polcari joins Michael and tells why he thinks the correction was too quick, and the markets are still under pressure.
Matt Leffingwell joins us to catch up on what is going on in Washington. Congress is in recess, but the Administration sideshow continues -- Matt picks out what could be serious and what are just distractions.
The FarrCast special guest tonight in Dr. Albert Simmons, and Michael discusses another third-rail issue in American politics-- the economics of healthcare. No one wants cut-rate service for healthcare, and the pressures put on doctors to managed care increases costs. As the population ages, more and more of the nation's GDP is devoted to entitlements and puts even more structural pressure on the system. There aren't simple solutions, and on the FarrCast, we look at the granular, complex questions.
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