Every Friday, the Daily Caller White House correspondent Christian Datoc sits down with Wall Street guru and CEO of Farvahar Partners Omeed Malik for a new episode of “WALL STREET MEETS WASHINGTON,” the only show that breaks down the beltway’s economic updates for both financial VIPs and everyday Americans looking for market tips.
Both Democrats and Republicans are preventing President Donald Trump from helping people hurting the most under coronavirus. What will happen if Congress doesn’t get its act together soon?(RELATED: Coronavirus Jobless Claims Top 36 Million After Department Of Labor Reports 2.98 Million New Claims Filed Over Past Week)
Omeed also gave a brief profile on the World Trade Organization’s Director-General, who recently announced he’s stepping down at the end of his term. Datoc then jumped directly into a primer on how analysts normally use the relationship between the S&P 500 and gold as a guide under bear markets. This time around, however, the relationship has flipped on its head.
Our Two Economies segment opens by examining why exactly credit card usage has plummeted, even among white collar workers who haven’t lost their jobs or salary before revisiting a thought experiment first broached last week: will coronavirus fundamentally disrupt the higher education business model?
Don’t forget to check out last week’s episode if you haven’t already!
“Omeed Malik is the Founder and CEO of Farvahar Partners, a boutique merchant bank and broker/dealer which invests partner capital into growth businesses and acts as a liquidity provider of private placements on behalf of companies and institutional investors. The Firm also offers advisory, investment banking and capital raising services to its clients.
Prior to starting his own firm, Omeed was a Managing Director and the Global Head of the Hedge Fund Advisory Business at Bank of America Merrill Lynch. Omeed was also the founder and head of the Emerging Manager Program within the Global Equities business. In this capacity, Omeed was charged with selecting both established and new hedge funds for the firm to partner with and oversaw the allocation of financing/prime brokerage, capital strategy, business consulting and talent introduction resources.
Before joining Bank of America Merrill Lynch, Omeed was a Senior Vice President at MF Global where he helped reorganize the firm’s distribution platform globally and developed execution and clearing relationships with institutional clients.
An experienced financial services professional and securities attorney, Omeed was a corporate lawyer at Weil, Gotshal & Manges LLP working on transactional matters in the capital markets, corporate governance, private equity and bankruptcy fields.
Omeed has also worked in the United States Senate and House of Representatives. Omeed received a JD, with Honors, from Emory Law School (where he serves on the Alumni Board) and a BA in Philosophy and Political Science, Cum Laude, from Colgate University.
Omeed is a Term Member of the Council on Foreign Relations, a Centennial Society Member of the Economic Club of New York and a Chairman’s Circle Member of the Milken Institute.”
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