The Financial Exchange Show

Todd Lutsky shares when he believes it is time to update your estate plan, how taxes work on irrevocable trusts, and understanding marital deductions.

Chuck Zodda and Paul Lane explain how rate cuts by the Federal Reserve impact average Americans. Why this may be the last rate cut for awhile. Warner Brothers' bidders brace for a fight that will last months. Todd Lutsky joins the show to explain how to know when it is time to update your estate plan.

Mike Armstrong and Paul Lane discuss Home Depot sharing a cautious outlook for 2026. Alex Gailey (Bankrate) joins the show to chat about many home buyers finding themselves on the outside looking in due to too high prices and/or too much competition. Married couples need to make sure they are planning together. 401(k)s are minting a generation of moderate millionaires. What is the worst Christmas...

Mike Armstrong and Paul Lane discuss Nvidia getting approval to sell H200 AI chips to China. Why Oracle's earnings is a key moment for AI stocks. Job openings in October rose to 7.7m. Sam Altman's spring to correct OpenAI's direction and fend off Google. Paramount ramps up pressure on Netflix. Options traders brace for wild stock trading off Fed rate cut decision.

Chuck Zodda and Mike Armstrong discuss reasons why investors are feeling good about stocks again. Is AI making us dumb? America gets retirement wrong. Can Vanguard fix that? Could paper checks be on the way out? States are raking in billions from slot machines on your phone.

Chuck Zodda and Mike Armstrong discuss what to expect in markets this week, from Fed rate decision to Oracle and Broadcom earnings. Paramount Skydance launches hostile big for Warner Brothers. The year of America's cranky consumer. Will Australia's 16-under social media ban come to the US?

Chuck Zodda and Mike Armstrong discuss Meta changing course and now targeting areas dominated by Apple. Do we have another ridiculous name for the current state of the economy? Americans’ affordability crisis isn’t tariffs’ fault — it’s something much, much deeper. Should Walmart really be trading like a tech company? Paul LaMonica (Barron's) joins the show to chat about Waste Management.

Chuck Zodda and Mike Armstrong have major bones to pick with the release of the delayed CPE report and those that claimed today would be make of break for markets. Is 2% inflation still the right level to have? What will Netflix do with Warner Bros. movie studio and how do they handle HBO? Studios are already pushing back on Netflix’s purchase of Warner Brothers. What you need to know when doing y...

Chuck Zodda and Mike Armstrong explain why Friday is not a make or break day for the stock market. Ted Rossman (Bankrate) joins the show to share the results of a recent holiday tipping survey. Three year-end strategies that can cut your 2025 tax bill. Rising holiday scams to be aware of. Weight loss drugs for cats?

Chuck Zodda and Mike Armstrong discuss markets viewing weak jobs data as good news and why that's a problem. The stock market rode AI to record highs. What could knock it down? Marc Benioff makes interesting claims about how Salesforce is using AI. Bond investors warned US Treasury over picking Kevin Hassett as Fed Chair.

Chuck Zodda and Marc Fandetti discuss home prices inching up and what parts of the country will be most impacted. Can the home affordability crisis be solved? Anthropic taps IPO lawyers as it races OpenAI to go public. Waymo's self-driving cars are suddenly behaving like New York cabbies.

This week, Todd Lutsky explains how trusts help you avoid estate taxes and managing cash gifts to children.

Chuck Zodda and Marc Fandetti discuss today's ADP jobs report and if the results mean the Fed is more likely to cut this month. Will the Fed act fast enough as potential trouble is brewing in a key corner of the financial market. Todd Lutsky joins the show for his weekly segment, Ask Todd. This week, Todd explains how trusts can help with estate taxes.

Mike Armstrong and Marc Fandetti break down how diversified the S&P 500 really is. OpenAI declares ‘Code Red’ as Google threatens AI lead. Washington must break its promise on Social Security. How sticky is US inflation? The end of the slop bowl era.

Mike Armstrong and Marc Fandetti discuss the divided Fed can't agree the future of rate cuts. Why Kevin Hassett is winning the Fed Chair race before it has ended. Here’s why everyone’s talking about a ‘K-shaped’ economy. Bitcoin rout picks up steam as investors fret over a new ‘Crypto Winter’. World economy surprisingly resilient to tariffs, OECD says. Costco files suit against Trump admin over ta...

Chuck Zodda and Mike Armstrong discuss American consumers losing patience with high car prices. Private credit 'hysteria' will get very real next year. People are ordering smaller pizzas with fewer toppings. Does this mean anything? Americans brace for a surge in healthcare costs. Do we need to Uberize the power grid for AI?

Chuck Zodda and Mike Armstrong discuss what to expect in markets this week. Why Wall Street says December may not deliver a Santa Claus rally. Shoppers, drawn by steep discounts, power through Black Friday. Gen Z shoppers aren't spending like retailers need them to. Fed's beige book shows K-Shaped split deepens among consumers. Trump says he has made his choice to lead the Fed.

Chuck Zodda and Paul Lane discuss Thanksgiving travel set to bring a big test for airlines. What happened to all the great Black Friday deals? Sellers are taking their homes off the market at the fastest pace in nearly a decade. Looming US power crunch to impair AI abilities, Schneider says. Peloton’s New AI-powered bikes and treadmills get off to slow start.

Chuck Zodda and Paul Lane discuss how a divided Fed could come to the decision to cut rates in December. Consumer confidence continues to decline as retail growth cools. Grim retail sales data fuels concerns about health of US economy. Google, the Sleeping Giant in Global AI Race, Now ‘Fully Awake’. How much will Thanksgiving dinner cost? It depends on whom you ask.

Mike Armstrong and Paul Lane share the dumb story of the day...how the S&P 500 could hit 8,000 in 2026. Home sellers who set prices too high and paying the price. Cash can feel safe, but it doesn't grow your wealth, portfolio strategist says. Are you excited to buy a car on Amazon? Turkeys might be cheaper this Thanksgiving, but everything thing else on the table is more expensive.

Mike Armstrong and Paul Lane discuss retail sales finally land but uncovers some red flags. Don't trust American consumers when they say they are going to reign in spending. Powell's allies provide opening for December rate cut. Why Google's soaring stock is defying fears of an AI bubble. Poll finds Massachusetts voters are eager for a change in rent control.

Chuck Zodda and Mike Armstrong discuss the AI bubble causing an 'everything bubble'. Blue Owl is the sum of all investors fears. Is the real poverty line $140,000? How spouses retiring at different times can avoid money clashes. Trump claims California's $20 fast food minimum wage hurts businesses. Is that true? An AI toy bear speaks of sex, knives, and pills, a consumer group says.

Chuck Zodda and Mike Armstrong discuss the wild week of harsh volatility tests support levels across stocks. The AI boom is driving the economy. What happens if it falters? The Fed is fixated on AI, but not ready to make a Greenspan-size bet. US inflation traders to use untested fallbacks for missing CPI. Americans are on a year-end shopping spree. What do CEOs really think about tariffs?

Chuck Zodda and Mike Armstrong discuss global brokerages split on Fed's December rate decision. Treasury yields slide after Fed's Williams suggests Fed could cut again in December. Do comparisons to the dot com bubble hold any water? Bitcoin heads for its worst week since the crypto collapse of 2022. Paul LaMonica (Barron's) joins the show to chat about Deere and its wild ride this year.

Chuck Zodda and Mike Armstrong dissect the wildest trading day since the tariff shock and how it is testing dip buyers nerves. Did Google just position itself at the head of the AI table? Big tech's debt binge raises risk in race to create an AI world. The AI boom has found another gear. Why can't people shake their worries? Amazon cuts thousands of engineers in its record layoffs. Is a global hou...