The Financial Exchange Show

Chuck Zodda and Mike Armstrong discuss AI valuation fears grip global investors as tech bubble concerns grow. Jim Blake, Regional Manager for Eastern Propane, joins the show to share his experience in the military, how he got involved with the DAV, and how Eastern Propane gives back to those that served. Flight-cancellation plans prompt scramble across travel industry. Bob Barlow, President and Ow...

Chuck Zodda and Mike Armstrong explain why you don't want tax payers backstopping the AI industry. UBS to liquidate funds with substantial exposure to First Brands. 'Jenga Tower' US economy teeters as middle class pulls back spending. Job cuts in October hit highest level for the month in 22 years. Paul LaMonica (Barron's) joins the show to chat about Robinhood.

Chuck Zodda and Mike Armstrong discuss Jensen Huang's comments about China winning the AI race and why Chuck thinks that comment might have to pierced the AI bubble. Is China really going to win the AI race? US to reduce flight traffic by 10% at 40 airports due to the ongoing shutdown. Supreme Court's skepticism on Trump tariffs means uncertainty reigns. Builders are offering mortgage-rate discoun...

Chuck Zodda and Marc Fandetti discuss the longest shutdown in history is costing the US economy about $15B each week. The Supreme Court is hearing arguments about tariffs. The Fed can't fix the "K" shaped economy. McDonald's sales rise, but the CEO expects low-income diners to spend less into next year. Burger King braces for the demise of the penny.

Chuck Zodda and Marc Fandetti discuss private payrolls rebound in October, adding 42,000 jobs. The AI stock sell off could be a bust or a blip. What will decide the outcome? Todd Lutsky joins the show for his weekly segment, Ask Todd. This week, Todd explains the benefits of utilizing revocable trusts.

This week, Todd Lutsky explains the benefits of utilizing revocable trusts for your estate plan. Todd also takes questions for listeners about capital gains on revocable trusts and switching from a will to a trust.

Mike Armstrong and Marc Fandetti discuss how frequently 10% market pullback occurs. Third quarter earnings are indicating a divided economy. Federal Reserve signals December rate cut are not a foregone conclusion. Slump in cardboard sales is stoking fears of lackluster holiday shopping. Yum Brands will review strategic options for Pizza Hut, opening the door for a sale. First Brands' new managemen...

Mike Armstrong and Marc Fandetti discuss Michael Burry's short positions on Palantir and Nvidia. Wall Street CEOs flag high market valuations and pullback risks. Wall Street intensifies scrutiny of fraud after spate of loan losses. Have fraud cases highlighted systemic risks? Dan Griggs, OceanFirst Bank President, joins the show to share what he views is the biggest threat to the economy.

US Virgin Islands Governor Albert Bryan Jr joins the show to discuss the economic advancements the islands have made in the past five years, how they have recovered from recent hurricanes, and how tariffs have impacted the islands.

Chuck Zodda and Mike Armstrong discuss scarce chips are just the tip of big auto's disruption. Amazon agrees to massive deal with OpenAI. Is OpenAI becoming too big to fail? Risky loans from housing bust era is making a comeback. Are tariffs going to hammer shoppers this holiday season? Why the future of coffee doesn't belong to Starbucks.

Chuck Zodda and Mike Armstrong discuss this week's biggest economic events. Has the S&P 500 become to heavily weighted to the Magnificent Seven? Is the recent wave of layoffs a warning sign for the job market? USVI Gov Albert Bryan Jr joins the show to chat about how the islands are avoiding the wrath of tariffs. How the US economy defied doomsday predictions on tariffs.

Chuck Zodda and Mike Armstrong discuss another big money fraud case coming out of the private credit world. Too much experience is hurting job candidates now? Todd Lutsky explains the benefits of gifting assets as a part of your estate plan. Cities across America are putting robots to work. Paul LaMonica (Barron's) joins the show to chat about Rithm Capital.

Chuck Zodda and Mike Armstrong discuss Amazon shares jump on news of strong cloud sales. How long can the economy rely on AI-led investments to keep driving the economy? Apple expects a big December. Should we be more skeptical about AI’s power needs? Why are more home sales falling through?

Chuck Zodda and Mike Armstrong discuss the job market possibly being at a tipping point. Michael Santoli (CNBC) joins the show to chat about big tech earnings and Fed's rate cut decision. It's sample-sale season. Cue the professional line standers. Chipotle stock plunges as chain lowers sales forecast. How the potato became a coveted prize for trick-or-treaters.

Chuck Zodda and Mike Armstrong discuss Trump's meeting with Xi and the declaration of immediate cuts to tariffs. Fed divisions reveal new caution over continued cuts. Google revenue soars to record as AI boom lifts cloud business. Big tech test investors' patience with $80B AI investment spree. Is a $100,000 salary enough to raise a family in Massachusetts?

Chuck Zodda and Marc Fandetti discuss home prices posting weakest gain in over two years. Five AI signals we should all watch this week. Big layoffs look scary. Why the job market is still holding up. Credit cockroaches are being held at bay - for now. Oracle bond risk jumps on concerns over AI spending spree.

Chuck Zodda and Marc Fandetti discuss Nvidia becoming the first $5T company. Trump set to cut Fentanyl tariff and discuss Nvidia with Xi. Is the Fed's inflation target still 2%? Todd Lutsky joins the show for his weekly segment, Ask Todd.

This week, Todd Lutsky examines when it is important to add gifting to your estate plan. Todd also takes calls from listeners about protecting assets in an irrevocable trust and sheltering assets from estate taxes.

Mike Armstrong and Paul Lane discuss the ongoing issues in the private-credit sector. Martha Gimbel (Yale Budget Lab - Executive Director) joins the show to chat about AI's impact on the labor market. PayPal reaches deal to put digital wallet into OpenAI's ChatGPT. This is how the AI stock boom plays out. Google and NextEra to revive major Iowa nuclear facility.

Mike Armstrong and Paul Lane discuss the good vibes being back on Wall Street. $100B stock swings expose 'fragility' beneath Wall Street rally. Amazon lays off 14,000 corporate workers. The Fed's $6.6T test. Americans face a retirement confidence paradox. UPS jumps after sweeping job cuts push profit above estimates.

Chuck Zodda and Mike Armstrong discuss AI spending boosting the economy but their are many companies are still in survival mode. Austin's housing bust is just what America needs. Ray Dalio says America is developing a 'dependency' on the top 1%. There's a reason electricty prices are rising. And it's not data centers. 

Chuck Zodda and Mike Armstrong discuss this week's massive earnings reports. Milei wins mandate for free-market revolution in Argentina's election. Latest US-China truce leaves fundamental issues unresolved. Why the Fed may lower rates slower than expected this year. More big companies bet they can still grow without hiring. Bill would limit number of self-checkout kiosks at Massachusetts grocery...

Chuck Zodda and Mike Armstrong discuss inflation expectations needing to come down. Has Argentina really learned their lesson? We'll find out soon. Beef! It's what might be no more dinner as prices rise rapidly. Intel surges after first earnings report post government investment. Paul LaMonica (Barron's) joins the show to chat about Microsoft's upcoming earnings.

Chuck Zodda and Mike Armstrong discuss the long delayed CPI report that showed inflation coming in lower than expected. Mike is tired of reading stories about companies shielding buyers from tariffs. Decent earnings satisfies investors starved for data. Why is Trump terminating trade talks with Canada? What’s at stake as US and China trade negotiators meet ahead of Trump-Xi summit? Ford profit dou...

Mike Armstrong and Marc Fandetti discuss hotter CPI unlikely to deter rate cuts and the S&P 500 rally. Mark Hamrick (Bankrate) joins the show to chat about Social Security concerns. Fed lost access to private jobs data ahead of government shutdown. The maximun you can borrow from your 401(k) hasn't changed in 40 years. Should that change now?