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CNBC Anchors and Reporters

Michael K. Farr

Michael Farr
President and majority owner, Farr, Miller & Washington LLC

Michael Farr is CEO and founder of Farr, Miller & Washington, LLC. He is Chairman of the Investment Committee and is responsible for overseeing the day to day activities of the firm. Prior to starting Farr, Miller & Washington, he was a principal with Alex, Brown & Sons.

Mr. Farr has appeared on The Today Show, Good Morning America, NBC's Nightly News, CNN, Bloomberg TV, Reuters, and the Nightly Business Report. Mr. Farr is heard on Associated Press Radio, CBS Radio and National Public Radio. And he has been quoted in The Wall Street Journal, Forbes, Fortune, The Washington Post, Businessweek, USA Today, and many other publications. His market blogs can be found on HuffingtonPost.com and Politico.com.

He is a member of the Economic Club of Washington, DC, National Association for Business Economics, The World Presidents' Organization, International Atlantic Economic Society, and The Washington Association of Money Managers.

Mr. Farr is an award-winning author of three books. The first,"A Million Is Not Enough," was published by Hachette Book Group USA in 2008. That was followed by "The Arrogance Cycle," released in September 2011 by Globe Pequot Press. His third book, "Restoring Our American Dream: The Best Investment," was released in March of 2013 by Headline Books Inc. and received a Finalist Award from the Next Generation Indie Book Awards in the Current Events/Social Change category.

Mr. Farr is currently Chairman of the Sibley Memorial Hospital Foundation and a Trustee of Sibley Memorial Hospital and of Sewanee, The University of the South. He is a current Director of Goal Financial, LLC and Atlas Financial Services Group, Ltd. He has formerly served as Vice Chairman of the Salvation Army, Chairman of the Travelers Aid Society, and Trustee of Ford's Theatre; Nation's Capital Progress Foundation; the Paul Berry Academic Scholarship Foundation; and Neediest Kids.

Mr. Farr is a graduate of the University of the South in Sewanee, Tennessee. He is married and has two children.

Follow Michael K. Farr on Twitter @Michael_K_Farr or contact Farr on his website.

More

  • us_capitol_flag_200.jpg

    Despite President Obama's optimistic words, an eleventh-hour breakthrough in deficit negotiations using the so-called "Gang of Six" plan doesn't seem to have a chance.

  • US Capitol Building with cash

    On Thursday afternoon, I appeared on CNBC with my friend Rick Santelli to discuss the debt limit and what may happen when it is reached sometime in early August. If you saw the piece, you know that Rick became fairly passionate about his position that there should be no compromise on increasing the limit and that the government absolutely has to solve this issue by cutting spending.

  • Treasury Building

    China raised interest rates today. The European Union has raised rates and is preaching austerity. The US has ended QE2, the Fed has become quieter, and Congress is wrestling with spending cuts and austerity plans of our own.

  • european_bank_teller_200.jpg

    Greece is the bad penny that keeps cropping up at inconvenient moments. We’d desperately like to forget Greece. Farr has been writing about it for 18 months with all of these depressing comments, and it seems to be among the things blamed for market down days.

  • american_flag_200.jpg

    For America to return to better days we have to start by thinking better of ourselves and hold ourselves to a higher standard.

  • What's Next?

    On Wall Street, as in all places, the truth will set you free. The opposite may be occurring. The un-truth may be trapping us. I'm hearing almost universal consensus on two theories that strike me as possibly fallacious.

  • A tour bus passes the Wall Street bull in the financial district January 22, 2007 in New York City.

    We think that by late fall, the Fed will find some new disguise to renew asset purchases in an attempt to help along our baby biker.

  • Wallet

    The US is facing a double tightening of both fiscal and monetary policies. Europe has raised rates twice, and they are nowhere near seeing daylight in dealing with Greece and her sister sinners. China has raised rates and bank reserve requirements. Global tightening is not a backdrop for economic expansion

  • for_sale_signs_AP2.jpg

    Existing home sales, mortgage delinquencies, and MBA mortgage foreclosures data released Thursday were disappointing. The data continue to suggest that we are undergoing a very slow, unbalanced, and tenuous economic recovery.

  • New York Stock Exchange

    This is what a market turning point looks and feels like. We won’t know for sure whether it is a significant turning point until it unfolds. This is another way of suggesting that a storm is upon us and we can’t assess damages until it has passed.