The FarrCast : Wealth Strategies
Business:Investing
The market soared! Well, Kenny Polcari says hold on -- the Dow was up 400 points (and 250 of that in the last hour and a half today!) but we are still off 2000 from the highs. Kenny says it's not over yet, but the market is trying to build a base, but don't be surprised to see another test of the lows as the market digests the midterms.
Is civility dead? That's the question Michael poses to DC expert Dan Mahaffee. The midterm campaigns are (over) heating, and we are one week from the election. Dan goes underneath the headlines and says there is some encouragement that civil discourse and debate might rise again in the Republic.
For our third segment special guest, Michael welcomes Stephanie Link, fellow CNBC contributor and Head of Global Equities Research at Nuveen. This has been an extreme earnings season -- Stephanie says it's been "sell first and ask questions later." If you think long term (as Stephanie does) there are opportunities and the big picture, the fundamentals, are still good. We have to get through the midterms and the markets could find their feet.
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