The Financial Exchange with Barry Armstrong breaks business news first in New England. The longest running business news host in Boston, Barry reports on the latest business developments throughout the country in New England with heavy hitting interviews from CEO’s, analysts and prominent business media professionals.
What has gone wrong for Tesla and the Cybertruck?
Ask Todd: How to change your beneficiaries
On this week's edition of Ask Todd, Todd Lutsky shares the best practices for leaving assets to your beneficiaries, how to change your beneficiaries, and how to protect your assets before leaving them to your beneficiaries.
Jerome Powell dials back rate cut expectations
Chuck Zodda and Paul Lane discuss why Jerome Powell is changing his expectations for rate cuts this year. Should the 2% inflation target be updated? How strong is the US dollar right now? Todd Lutsky joins the show to share his expertise on the best practices for leaving your assets to your beneficiaries, how to change beneficiaries, and how to protect your beneficiaries.
Is $100,000 per year really not enough anymore?
Mike Armstrong and Paul Lane discuss why Wall Street is betting on OPEC keeping oil prices below $100. EV sales are slowing, and Tesla is get beaten down. Why does a $100,000 salary not buy the American dream anymore? Americans believe they need $1.5M to retire, but experts have another idea. When is the best time to buy a house? Iconic Disney characters are making their way into the public domain. Will the Justice Department beat Live Nation in court?
How higher rates are going to impact important sectors
Mike Armstrong and Paul Lane discuss the impacts on markets if rates stay higher for longer. Does the markets reaction to the Iran/Israel conflict mean they are not in a bubble. Are China's factories driving an economic recovery? Why did Bank of Americas shares drop after the release of its earnings report? Are there overlooked threats to the global economy?
Apple is dealing with the worst iPhone slump since the pandemic
Chuck Zodda and Mike Armstrong discuss why Apple is facing its worst iPhone slump since covid. What does retirement look like for those with less than $1M saved? Why is Hawaii becoming a leader in EV adoption? Samsung gets a $6.4B boost for its Texas chip plant. A huge number of homeowners have mortgage rates too good to give up. Deepfakes are coming for the financial sector.
What does higher for longer mean for the stock market?
Chuck Zodda and Mike Armstrong react to the retail sales data that came in much hotter than expected. What does higher for longer mean for the stock market? Oil prices are retreating after Iran attacked Israel. Gold is back, and it has a message for us. What are some of the things Chinese economists are watching to see if the rebound is real?
Common misconceptions about gold as an inflation hedge
Chuck Zodda and Mike Armstrong share why they believe gold is not a good hedge against inflation and the notion that it is is outdated by a few decades. The US had a chance to lead in chipmaking tech, and missed it. Apple plans to overhaul its entire Mac line with AI-focused M4 chips. Top Amazon executive says it is a 'myth' that robots actually steal jobs. Paul LaMonica joins the show to chat about Netflix pushing its way into the Magnificent Seven.
Interest rates have investors concerned. Will profits give them some comfort?
Chuck Zodda and Mike Armstrong dive into the earnings from JPMorgan and Wells Fargo. Why did the banks drop when they beat forecasts? Interest rates have investors worried. Profits give them comfort. Home buyers lose hope for lower rates. Renters are enjoying cheap rent, but it won't last. Why car insurance costs are skyrocketing and leading to higher inflation.
How the DAV helps disabled veterans
Dan Stack, Dept. Adjutant - DAV, joins the show to discuss what the DAV is doing to help disabled veterans in Massachusetts, how volunteers are impacting the lives of those veterans, and how to register for this year's DAV5K on Castle Island, November 9th.