with Michael Farr, CIO – Farr, Miller & Washington
Michael Farr, prolific guest speaker on investment forums and reputed money manager, discusses market volatility, including the recent 10% correction, and delivers sound advice on how investors should prepare for a potential downturn given Ebola, ISIS attacks in Syria and Iraq, and troubles in Ukraine. Farr believes announcements from the Federal Reserve are trumping corporate finance and major global economic threats. He shares unique insights on the impact of consumer spending, wage stagnation (stuck at 1996 levels) and the 2% interest rate on 10-year Treasury bonds. Farr also shares his strategy on what investors should focus on to get through this period of high volatility.