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☆ Fed doesn't seem open to rate hikes, says Hightower's Michael Farr
▼ + stars: | 2024-05-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed doesn't seem open to rate hikes, says Hightower's Michael FarrMichael Farr, Hightower Investments, joins 'Power Lunch' to discuss the markets, the Fed and the Dow reaching 40,000.

Persons: Hightower's Michael Farr Michael Farr, Hightower Organizations: Hightower Investments, Fed, Dow

☆ Caution is the rule and complacency is the danger, says Hightower's Michael Farr
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaution is the rule and complacency is the danger, says Hightower's Michael FarrMichael Farr, Hightower Advisors chief investment strategist, joins 'Power Lunch' to dissect the recent market downturn and what investors should be looking out for moving forward.

Persons: Hightower's Michael Farr Michael Farr, Hightower Organizations: Hightower Advisors

☆ Three-Stock Lunch: Meta, EQT & Valmont industries
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Meta, EQT & Valmont industriesMichael Farr, Hightower Advisors chief investment strategist, joins 'Power Lunch' to discuss stock plays for three stocks, including Meta, EQT and Valmont industries.

Persons: Michael Farr, Hightower Organizations: Hightower Advisors, Meta

☆ Inside a prison healthcare company's ownership shell game
▼ + stars: | 2024-03-05 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +22 min

Sen. Elizabeth Warren has criticized Corizon successor company YesCare for its opaque corporate structure. Yet Geneva's track record is scant; it only incorporated in November 2021, six months before it got the YesCare contract. AdvertisementOnly one agency with a YesCare contract told BI it was aware of the extent to which YesCare had outsourced its operations. AdvertisementAn October 2022 YesCare bid document, submitted to the Alabama Department of Corrections, says PharmaCorr will dispense all prescription medications for YesCare. AdvertisementThe agreement between Geneva and prison healthcare provider YesCare requires YesCare to pay at least $500,000 a month to Geneva.

Persons: Sen, Elizabeth Warren, Corizon, YesCare, —, Dick Durbin, Raphael Prober, Prober's nonanswer, Warren, Christopher M, Lopez, Robert Green, Corizon —, Green, Lori Mayer, Aaron Kaufman, Chris Atkinson, Joel Landau, Tehum, Martin Horn, Alabama Department of Corrections YesCare, Thomas Mailey, Bryan Baker, Isaac Lefkowitz, Perigrove, — Lefkowitz, Lefkowitz, David Gefner, Gefner, Storm Harper, PharmaCorr, Jeff Sholey, Steven Weiss, Atkinson, Sara Tirschwell, Zalman Shapiro, Tirschwell, Michael Farrier, Jeffrey Sholey, Judge Lopez Organizations: Service, Corizon Health, Business, Getty, YesCare Holdings, Justice Department, Tehum Care Services, Geneva Consulting, Genesis Healthcare, BI, Geneva, American Correctional Association, . Maryland Department of Public Safety, Correctional, CHS, PharmaCorr, University of West, of Health, Allure, New York State Department of Health, Public, New York City Department of Correction, Alabama Department of Corrections, Alabama, New York State Department of Corrections, Community Supervision, Doña, Okaloosa, LinkedIn, YesCare, YesCare . Alabama Department of Corrections, Gefner, Court, Western, of, Corizon's, Florida's, Florida's Hillsborough County Sheriff's, Tehum's Locations: Missouri, Houston, Texas, Geneva, Florida, Alabama, New Jersey, YesCare, University of West Florida, Connecticut, Massachusetts, Riker's, Doña Ana County, New Mexico, Okaloosa County , Florida, Wyoming, Maryland, Colorado , Florida, North Carolina, Suffern , New York, YesCare's Alabama, of Missouri, Florida's Hillsborough County

☆ Valuations are important when knowing when to sell stocks, says Hightower's Michael Farr
▼ + stars: | 2024-02-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValuations are important when knowing when to sell stocks, says Hightower's Michael FarrMichael Farr, Hightower Advisors chief investment strategist, joins 'Power Lunch' to discuss when to take cash in on your investments.

Persons: Hightower's Michael Farr Michael Farr, Hightower Organizations: Hightower Advisors

☆ Opinion | Speech and Antisemitism on Campus
▼ + stars: | 2023-11-13 | by ( ) www.nytimes.com time to read: +5 min

And he rightly suggests necessary limits on a culture of free speech, including prohibitions on harassment and targeting based on ethnic or religious identity. We can build our bastions of free speech on the foundational layers of moral clarity and intellectual integrity. To the Editor:Re “What Is Happening on College Campuses Is Not Free Speech,” by Gabriel Diamond, Talia Dror and Jillian Lederman (Opinion guest essay, Nov. 11):Protecting free speech on campus requires bravery and intellectual honesty, not partisan definitions. As Jewish students, we share in the real fear surrounding the rise of violent threats against our communities. Upholding free speech requires empathy and consistency, and we must understand that intimidation and fear on campuses are real, and they are not felt only or even primarily by Jewish students.

Persons: Jesse Wegman, Wegman, Rabbi, Ari Berman, Gabriel Diamond, Talia Dror, Jillian Lederman, ”, Eliana Blumberg Rita Feder Michael Farrell, Rosen Providence, Lawrence D, Platt Los Angeles, Joshua Rosenbaum Brooklyn, Joe Manchin, … Organizations: Hamas, Yeshiva University, Holocaust, Israel, Jewish, Brown University, College, University, Touro University Locations: Israel, Chicago, R.I, American, Europe

☆ Fed won't hesitate to hike rates if the economy keeps outperforming, says Stifel's Lindsey Piegza
▼ + stars: | 2023-11-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed won't hesitate to hike rates if the economy keeps outperforming, says Stifel's Lindsey PiegzaMichael Farr, Hightower Advisors, and Lindsey Piegza, Stifel chief economist, joins 'Power Lunch' to discuss the main takeaway from Jerome Powell's latest comments, if Powell's comments will have far-reaching implications, and much more.

Persons: Stifel's Lindsey Piegza Michael Farr, Hightower, Lindsey Piegza, Jerome Powell's Organizations: Hightower Advisors

☆ Corporate America weighs business impact of new weight-loss drugs
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +4 min

Walmart (WMT.N) expects revenues from its health and wellness products to increase in the second half of the year, mainly due to the popularity of weight-loss drugs. PepsiCo (PEP.O) Chief Financial Officer Hugh Johnston has said the company is "not seeing any impact" yet from the popularity of weight-loss drugs. Coca-Cola (KO.N) CEO James Quincey said the company was monitoring what impact, if any weight-loss drugs will have. Abbott CEO Robert Ford has said diabetes patients could end up using glucose monitors with the weight-loss drugs in the long term. DRUG DISTRIBUTORSCencora (COR.N), formerly called AmerisourceBergen, Cardinal Health (CAH.N) and McKesson (MCK.N) have flagged potential boost to revenues this year owing to the growing demand for weight-loss drugs.

Persons: Victoria Klesty, Eli Lilly's, Eli Lilly's Zepbound, Hugh Johnston, James Quincey, Michele Buck, Dr Pepper, Robert Gamgort, Johnson, Joseph Wolk, Robert Ford, Michael Farrell, Bhanvi Satija, Ananya Mariam Rajesh, Mrigank Dhaniwala, Arun Koyyur Organizations: REUTERS, U.S . Food, Drug Administration, Walmart, PepsiCo, J, Abbott Laboratories, Insulet Corp, Boston Scientific, Cardinal Health, Thomson Locations: Oslo, Norway, Victoria, U.S, GLP, Bengaluru

Such forecasts have prompted a sell-off in a wide range of companies from makers of bariatric surgery devices to companies whose products address the health issues created by excess weight, from diabetes to sleep apnea. "The market is in a shoot-first, ask-questions-later mood when it comes to weight-loss drugs," said Nicholas Anderson, manager of the Thornburg International Growth Fund, which holds shares of Novo Nordisk. By contrast, the iShares U.S. Medical Devices exchange-traded fund has lost more than 22% in the last three months. Injectable weight-loss drugs, known as GLP-1 receptor agonists, are considered highly effective but are also expensive, costing more than $1,300 per month. "Overall, we'll see an increased interest in bariatric surgery, but that will get delayed in the short term."

Persons: Doctor Thomas Horbach, Wegovy, Nicholas Anderson, Eli Lilly, Kenneth Stein, Margaret Kaczor Andrew, William Blair, Michael Farrell, Jeff Jonas, Johnson, Myriam Curet, Ann Hynes, Hynes, David Gaffen, Manas, Michael Erman, Caroline Humer, Sonali Paul Organizations: Novo Nordisk, Healthcare, Growth Fund, Medical Devices, Boston, Gabelli Funds, Johnson, Reuters, Mizuho Securities, Manas Mishra, Thomson Locations: Germany, Munich, Danish, U.S, Boston, GLP, New York, Bengaluru

☆ 3-Stock Lunch: JNJ, GS & DLTR
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: JNJ, GS & DLTRHightower Advisor’s Michael Farr, joins ‘Power Lunch’ to discuss three stocks: Johnson & Johnson, Goldman Sachs and Dollar Tree.

Persons: Hightower, Michael Farr, Johnson, Goldman Sachs Organizations: Johnson

☆ Michael Farr says investors should look at 'beaten up' stocks like Disney and Medtronic
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMichael Farr says investors should look at 'beaten up' stocks like Disney and MedtronicUBS’ Jason Draho and Hightower’s Michael Farr, join 'Power Lunch' to discuss how investors should position in a volatile bond market.

Persons: Michael Farr, Jason Draho, Hightower’s Michael Farr Organizations: Disney, UBS

☆ Three-Stock Lunch: Shopify, Microsoft, and RTX
▼ + stars: | 2023-09-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Shopify, Microsoft, and RTXMichael Farr, CEO at Farr, Miller & Washington, joins 'Power Lunch' to discuss his investing take on three stocks: Shopify, Microsoft, and RTX.

Persons: RTX Michael Farr Organizations: Microsoft, Farr, Miller & Washington

New anti-obesity drugs have the potential to transform public health, while obliterating demand for products and services from the medical, food and fitness industries. Drugs developed by Novo Nordisk (NOVOb.CO) and Eli Lilly (LLY.N) appear to be the first truly effective diet treatments. In one clinical trial, patients taking Eli Lilly’s soon-to-be-launched weight-loss drug lost about 50 pounds (23 kg). Only about a third of those who started taking the drugs for obesity were still doing so a year later, according to one analysis. Yet even as Novo, Lilly and others see their addressable markets expand, some companies will see theirs shrink.

Persons: Lilly, George Frey, Eli Lilly, Eli Lilly’s, Novo, Wegovy, Kraft Heinz, Burger, LSEG, Michael Farrell, Zimmer Biomet, Smith, Peter Thal Larsen, Sharon Lam, Oliver Taslic Organizations: Novo Nordisk, Pharmacy, REUTERS, Reuters, TAM, Drugs, Alpha, Reuters Graphics Reuters, Cadbury, Mondelez, Fortune Business, Burger King, KFC, Yum Brands, Centers for Disease Control, Milken Institute, BMJ, Novo, Inspire Medical Systems, Novo Nordisk’s, WW International, Fashion, Thomson Locations: Provo , Utah, U.S, New, United States, Lilly, England

☆ Investments in China are becoming political for Apple and others, says Michael Farr
▼ + stars: | 2023-09-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestments in China are becoming political for Apple and others, says Michael FarrMichael Farr, CEO at Farr, Miller & Washington, and CNBC's Steve Kovach join 'Power Lunch' to discuss political headwinds for American companies doing business in China, and boosting portfolio ownership in Apple on weakness.

Persons: Michael Farr Michael Farr, Steve Kovach Organizations: Investments, Apple, Farr, Miller & Washington Locations: China

☆ How much is a good night's sleep worth? A lot to these stocks
▼ + stars: | 2023-09-04 | by ( Michelle Fox | ) www.cnbc.com time to read: +13 min

In fact, some 63% of U.S. adults sleep less than the recommended seven to nine hours a night, according to the National Sleep Foundation's Sleep Health Index. There are a myriad of products in the sleep arena — from mattresses and sleep supplements to sleep apnea devices and tech wearables that track sleep. Treating sleep conditions Health conditions can also impact the ability to get a good night's rest, like insomnia and sleep apnea. Obstructive sleep apnea causes breathing to be interrupted during sleep. About half of those surveyed in its obstructive sleep apnea patient survey in July said they had never heard of Inspire.

Persons: Anna Pione, they'll, Seth Basham, Basham, Tempur Sealy, " Basham, It's, Stefano Natella, Natella, it's, Ollie, Seamus Fernandez, Philip's, Philips, Eli Lilly, Eli Lilly's, Guggenheim's Fernandez, Michael Farrell, we've, Fernandez, Novo, wearables, Gene Munster, Jason Ware, Ware, Pione, Michael Bloom Organizations: McKinsey, International Sleep Products, Sealy International, Mattress, Sealy, Centers for Disease Control, Guggenheim, CDC, Unilever, American, of, Care, American Medical Association, Bank of America Securities, Medical Systems, Bank of America, Inspire, Novo Nordisk, Garmin, Apple, Deepwater Asset Management, Apple Watch, Albion Financial, Munster Locations: U.S, dreamland, Mizuho, Novo

☆ Op-Ed: Less affordable homes don't just ruin American dreams, they're a threat to the economy
▼ + stars: | 2023-08-25 | by ( Michael Farr | Keith B. Davis | ) www.cnbc.com time to read: +5 min

The National Association of Realtors said earlier this month that its housing affordability index fell during the second quarter to its lowest level on record. Not coincidentally, the first quarter of 2021 turned out to the be peak in housing affordability. The consequence has been the massive drop in housing affordability to new lows. But still, housing affordability is as low as it's been since at least 1986. Given its importance to the wider economy, a robust housing market will likely be a precondition to achieving a relatively seamless transition to long-term economic expansion.

Persons: It's, Freddie Mac, Justin Lahart, it's Organizations: National Association of Realtors, Fed

☆ Three-Stock Lunch: Tesla, Lowe's, and Comerica
▼ + stars: | 2023-08-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Tesla, Lowe's, and ComericaMichael Farr, president & CEO of Farr, Miller & Washington, joins 'Power Lunch' to discuss Farr's investing take on three stocks: Lowe's, Comerica, and Tesla.

Persons: Comerica Michael Farr, Farr Organizations: Comerica, Miller & Washington

☆ We can't keep racking up debt without a plan, says Michael Farr
▼ + stars: | 2023-08-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe can't keep racking up debt without a plan, says Michael FarrMichael Farr, CEO at Farr, Miller & Washington, joins 'Power Lunch' to discuss Fitch's downgrade of the U.S. debt rating and more.

Persons: Michael Farr Michael Farr Organizations: Farr, Miller & Washington

☆ Farr: Given the tremendous rally this year, a reversion makes sense
▼ + stars: | 2023-07-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFarr: Given the tremendous rally this year, a reversion makes senseMichael Farr, President & CEO of Farr, Miller & Washington and Chief Market Strategist at Hightower Advisors, discusses the market rally and which stocks are high on his radar.

Persons: Email Farr, Michael Farr, Farr, Hightower Organizations: Miller & Washington and Chief, Hightower Advisors

☆ Farr: The best advice for the second half is to stick to your discipline
▼ + stars: | 2023-07-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFarr: The best advice for the second half is to stick to your disciplineMichael Farr of Farr, Miller & Washington and Hightower Advisors discusses whether investors should carry on or try to cash in some of the profits they enjoyed from the huge market gains in the first half of the year.

Persons: Email Farr, Michael Farr, Farr Organizations: Miller & Washington, Hightower Advisors

☆ Three-Stock Lunch: DAL, WBA & LOW
▼ + stars: | 2023-06-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: DAL, WBA & LOWMichael Farr, Hightower Advisors, joins ‘Power Lunch’ to discuss three stocks: Delta, Walgreens and Lowe's.

Persons: Michael Farr, Hightower Organizations: DAL, WBA, Hightower Advisors, Walgreens

By comparison, less than 5% of companies mentioned AI in analyst calls held during the first quarter of 2016. Big Tech mentions jump AI has been a growing theme in Big Tech as companies try to capitalize on the wave following 2022's selloff. In calls from Big Tech companies alone, AI was mentioned 265 times. Executives at real estate company UDR said its AI chat has a 10% higher closing rate than normal call centers. Interpublic Group of Companies CEO Philippe Krakowsky noted the advertising company brought on a chief AI officer two years ago.

☆ All eyes on jobs: Economy showing 'worrying signs' ahead of Friday's jobs report
▼ + stars: | 2023-04-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAll eyes on jobs: Economy showing 'worrying signs' ahead of Friday's jobs reportHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Tyler Goodspeed, Council of Economic Advisers, and Michael Farr, CNBC contributor and president of Farr, Miller & Washington President, join the show to discuss Friday's jobs report.

☆ Investor Michael Farr: Why Wall Street should not be hoping for rate cuts
▼ + stars: | 2023-04-03 | by ( Michael K. Farr | ) www.cnbc.com time to read: +4 min

Wall Street is desperate for the Federal Reserve to stop raising rates and begin easing, and Wall Street couldn't be more wrong. I liken this error to delivering cardiac drugs to the patient suffering from a dangerously high heart rate. I've been privileged to know many members of the Federal Reserve over the years. The Federal Reserve's Open Market Committee will not cut rates because they want to help the S&P 500 climb to new highs. Some on Wall Street are calling for three rate cuts before year-end.

Possible outcomes for under-pressure regional banks could see a stronger rival take over a weaker, or cash infusions from investors such as private equity, the industry sources said. Reuters GraphicsUNDER PRESSUREInvestors voted with their feet on Monday, putting bank stocks under pressure around the world. So investors think it’s a relative gamble staying around owning regional banks before knowing what will change in regulation," said Brian Levitt, global market strategist for Invesco. Regional bank stocks are "an incredible bargain now," billionaire investor Bill Ackman said on Twitter on Monday. "There’s value in these banks, they are not all alike," said Michael Farr, chief executive of investment advisory firm Farr, Miller & Washington who owns banks stocks including PNC and Truist.

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