Wednesday • May 25
CST 2:40 | EST 3:40 | MST 1:40 | PST 12:40 | GMT 19:40
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Two Differing Views of the Economy
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Today's show is a look at the current economy from the view point of both Wall Street and Washington. I don't ever remember when these two institutions, the financial capital and the political capital, were so far apart. The one is worried that the economy may fall into a double dip recession, while the politicians are sky high working on the latest new reform. Specifically, we'll talk about the Cap and Trade (Waxman Markey) Bill before Congress up today for a vote.

Also we'll talk about the attitude of Warren Buffett, and how his approach helps him navigate bear markets like we're facing today.
Episode Segments:
 
The View from Wall Street
David talks about how Wall Street is viewing the current state of the economy, and why things seem to be trapped in the Greenspan Box. David also analyses how the recession has impacted the highest earning individuals.
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The View from Washington
David reviews the four major reforms that the White House & Congress have enacted since Obama has been in office, and the reforms that are coming soon. We also look at the impact the stimulus bill is having.
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Warren Buffet
In an up economy or down, Warren Buffett always seems to make his money. David takes a look at how Buffet amassed his fortune. He also shares Buffetts view on the economy, and how it differs from Washington.
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