The Financial Exchange weekdays from 10AM - Noon on 14 stations across New England.
The Financial Exchange is the only daily business and financial show in Boston and New England. Mike and Chuck tackle the top stories in the business and financial sector each day, while you updated on the trends in the US markets and the global economy. Plus, they'll talk to the biggest names in the industry for expert analysis.
More Info: financialexchangeshow.com
Disney may not have a fairy tale ending
Social Security gets extended but could still run out of money in 2035
Mike Armstrong and Marc Fandetti discuss how the Fed is shifting expectations on interest rate cuts for the second half of the year. Social Security gets some good news as expectations are the administration has enough funds to cover till 2035. Massachusetts eyes a mansion tax to fund affordable housing. The Fed's reluctance to cut rates is making it harder for emerging markets.
The simple solution to reduce the cost of housing
Chuck Zodda and Mike Armstrong explain why weak currency and deflation are the rocket fuel behind China's shock 2.0. Reclassifying marijuana could unlock billions in tax savings for cannabis companies. Want to reduce the cost of housing? Build more of it. Capital-gains tax hits more home sellers. Consumers fed up with food costs are ditching big brands.
Should we embrace the recent economic slowdown?
Chuck Zodda and Mike Armstrong react to Warren Buffett's comments about AI from the annual Berkshire Hathaway meeting. Are we finally experiencing the long awaited economic slowdown? Is the Fed right to bide its time on rate moves? Could the Fed do a better job explaining the moves they make? The 401(k) match change could have 'unintended consequences' at tax time. Equinox launches a $40,000 per year membership to help you live longer.
Gen Z is frustrated and this time they have a point
Chuck Zodda and Mike Armstrong discuss why Gen Z is frustrated and why they might actually have a point this time. The treasurys market is getting squeezed from all sides. Bill Gross says 'total return' strategy he pioneered is 'dead'. The new math of driving your car till the wheels fall off. Paul LaMonica joins the show to preview Berkshire Hathaway's first annual meeting without Charlie Munger.
How are markets reacting to April's jobs data?
Chuck Zodda and Mike Armstrong discuss April's jobs data that came in well below expectations and how the markets are responding to the data. Apple rallies most in 18 months on upbeat forecast and the announcement of the largest buyback in US history. Backdoor Roth IRAs are promising and perilous. Dave & Busters to allow betting on arcade games.
Peloton's dramatic decline from pandemic highs
Chuck Zodda and Mike Armstrong discuss why Peloton went from being a pandemic darling to nearly irrelevent four years later. Why megacorporations shouldn't overestimate their monopoly power. Why your financial advisor may not be giving you the best advice on when to claim social security. Tesla is pulling back from EV charging, and people are freaking out. Portland, Maine retains its top position as a luxury US hot spot.
Why are some financial media members rooting for recession?
Chuck Zodda and Mike Armstrong react to the optimistic comments made by Jerome Powell about inflation and the future of interest rates. What does the Fed's moves mean for mortgages and credit cards? Labor market data says everything is great, for many looking for a job that isn't the case. Google's antitrust suit is set to conclude this week. Will Big Tech get another victory?
Ask Todd: Problems when inheriting a home
Todd Lutsky shares some common mistakes when creating an estate plan. How often you should review your plan. Which accounts should be used for paying bills. Avoiding unnecessary taxes when inheriting a house. When to shift from revocable to irrevocable trusts.
How much more money can Americans spend at Amazon?
Chuck Zodda and Paul Lane take a look at Amazon's earnings and find some surprising details. The guys wonder how big can Amazon get. Why China is worried about a potential second term for Trump. CVS's latest big miss comes from their bet on Medicare. Why is Starbucks losing ground? The latest trend in vacationing is not for everyone.