The Financial Exchange Show
A talk radio show that provides comprehensive analysis on the economy and the latest breaking business news, while also providing insight on the markets and its impact on your personal finances.
Episodes
May 10, 2024 • 38 mins
Chuck Zodda and Marc Fandetti discuss Biden's tariffs on EVs coming from China. Carmakers are back to betting on hybrids as EV sales stall. How to lend family money without wrecking your relationship. Why are new college grads going to have a difficult time landing their dream job even in a hot labor market? Paul LaMonica joins the show to chat about Robinhood becoming much more than just an online trading platform.
Mark as Played
May 10, 2024 • 38 mins
Chuck Zodda and Marc Fandetti discuss the recent University of Michigan sentiment poll which showed a drop well below expectations. The S&P 500 is tracking back towards its all-time high. Why higher Fed rates are not totally off the table. Bumble predicts the future of online dating is AI. Why has oil been climbing over the past couple of days? Why is the Dow Jones a terrible index? How are some homebuyers beating high mortgage...
Mark as Played
May 9, 2024 • 36 mins
Chuck Zodda and Mike Armstrong explain why we actually need to build more luxury homes. Mike Simonsen joins the show to share how the housing market is shaping up around the country. The great wealth transfer has started, but millennials and Gen Z may not inherit as much as they anticipate. Tim Cook can't run Apple forever. Who's next? Disney, Hulu, and Max streaming bundle will soon become available. Southwest's preboarding line i...
Mark as Played
May 9, 2024 • 38 mins
Chuck Zodda and Mike Armstrong discuss the weekly jobless claims that jumped to its highest level since last August. Corporate America is on a spending spree, buying back shares. Arm slides as tepid outlook fuels concerns over AI slowdown. Billions in chips grants are expected to fuel industry growth. Lenders are seeing a bottom for consumers.
Mark as Played
May 8, 2024 • 35 mins
Chuck Zodda and Marc Fandetti disucss why Gen X is going to get screwed the most by the current mess that is Social Security. The US 30-year rate mortgage dropped for the first time since March. Uber drops on the market despite rising revenue. Will the alliance between Uber and Instacart be able to challenge Doordash? Corey Adams, Regional Manager for Robert Half, joins the show to share some ideas about education vs skills based h...
Mark as Played
May 8, 2024 • 38 mins
Chuck Zodda and Marc Fandetti take a look at how booming corporate profits are shielding the economy. Walmart is the next test for traders worried about consumer spending. Wall Street can't track Americans 'phantom debt'. Pandemic-era winners have lost $1.5 trillion in market value. Mnuchin is changing his tune about the strength of the US dollar. Massachusetts is seeking ways to retain young workers that are fleeing the state.
Mark as Played
May 7, 2024 • 35 mins
Mike Armstrong and Marc Fandetti react to Disney's less than impressive earnings report that sent the stock tumbling. Apple unveils its latest edition of the iPad. Apple is developing AI chips for data centers in hopes of gaining an edge in the arms race. At $2M per minute, Treasuries mint cash like never before. There are signs that the US consumer is still spending, but it appears to be on experiences. New York is set to charge d...
Mark as Played
May 7, 2024 • 38 mins
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.
Mark as Played
May 6, 2024 • 35 mins
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.
Mark as Played
May 6, 2024 • 38 mins
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 lon...
Mark as Played
May 3, 2024 • 35 mins
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.
Mark as Played
May 3, 2024 • 38 mins
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.
Mark as Played
May 2, 2024 • 36 mins
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.
Mark as Played
May 2, 2024 • 38 mins
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?
Mark as Played
May 1, 2024 • 15 mins
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.
Mark as Played
May 1, 2024 • 35 mins
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.
Mark as Played
May 1, 2024 • 37 mins
Chuck Zodda and Paul Lane preview the upcoming Fed meeting and Jerome Powell's speech and wonder if the Fed is going to make a repeated mistake. Why are companies suddenly finding ways to cut debt? Todd Lutsky joins the show to discuss common mistakes people make when starting their estate planning process.
Mark as Played
April 30, 2024 • 38 mins
Mike Armstrong and Paul Lane open the second hour of today's show diving into the latest data from the spring housing market in terms of the impact of mortgage rates. Are home price cuts on the way? Will inventory improve? Also, more new graduates are becoming victims of new job scams. Todd Lutsky of Cushing & Dolan checks in. And of course, stack roulette.
Mark as Played
April 30, 2024 • 40 mins
Mike Armstrong and Paul Lane open the show to discuss what they anticipate from the Federal Reserve at the conclusion of their monthly meeting tomorrow afternoon. Will they cut rates at all this year? Is a rate hike possibly in the cards? Also, do only the final 10 minutes matter for markets? Mike and Paul address this, citing a recent Bloomberg article. Plus, McDonald's first quarter results and consumer spending evidence, and mor...
Mark as Played
April 29, 2024 • 38 mins
Mike Armstrong and Paul Lane jump into a recent WSJ article detailing the economic struggles of younger Americans. Are they seeing more challenges than previous generations? Also, a chat about some steps that could be taken to help improve housing affordability and inventory issues. Plus, how relying on online sources to help retirement anxiety could be a major error for most.
Mark as Played
Popular Podcasts
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Anna Sale explores the big questions and hard choices that are often left out of polite conversation.
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
If you can never get enough true crime... Congratulations, you’ve found your people.
A straightforward look at the day's top news in 20 minutes. Powered by ABC News. Hosted by Brad Mielke.