The Financial Exchange Show

Chuck Zodda and Paul Lane discuss recent economic data releases are pointing to a slowing US economy. What are the ramifications of Trump firing the head of the Bureau of Labor Statistics? Trump is set to name a new Fed Governor. The stock market got a sobering reality check. Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact.

Chuck Zodda and Mike Armstrong recap the market sell-off and are joined by CNBC's Michael Santoli to run through his takeaways and insight from the busiest week of the year. Plus, why did Amazon's stock take such a big hit following its earnings report? Apple saw its devices sales jump due to consumers wanting to get ahead of potential price increases. And, Paul LaMonica of Barron's discusses rece...

Chuck Zodda and Mike Armstrong react to today's market sell-off, driven by Thursday's late tariff announcement from President Trump on several countries to begin on August 7. And, could courts overturn Trump's tariffs? Plus, the July jobs report disappointed, leading to a tumble in treasury yields. Is the economy starting to see more signs of trouble under the hood?

Chuck Zodda and Mike Armstrong recap an interesting press conference from Fed Chairman Jerome Powell at the conclusion of the central bank's meeting, which ultiamtely kept rates steady. Why did two Fed governors dissent and back an interest rate cut? And what does that mean for the rest of Powell's term? Plus, Ford is seeing pain from tariffs. Starbucks eliminates mobile-order only stores to get b...

Chuck Zodda and Mike Armstrong take a deep dive into the impressive second quarter earnings from Meta and Microsoft, led by their AI initiatives. Why does AI continue to push markets higher? And is AI also helping boost the economy? Should the Magnificent 7 stocks be revised? Plus, a preview of more tech earnings from Apple and Amazon.

Chuck Zodda and Marc Fandetti discuss what the Federal Reserve actually does, why dissent matters, and how it will determine the rate cut decision. Companies from A-Z are starting to complain that tariffs will cost them millions. Why stimulus checks to pay for tariffs is a bad idea. Joseph Yoon, Edmunds, joins the show to chat about car loans crushing buyers. Buying crypto with your credit card is...

Chuck Zodda and Marc Fandetti dive into the Q2 GDP data that showed a nice surprise even as Trump's tariffs hit. With a strong GDP does that mean the economy is doing better than expected? Todd Lutsky joins the show for his weekly segment, Ask Todd. This week Todd shares the first step to take if you failed to plan for medicaid till the last minute.

This week, Todd Lustky explains the first steps when planning for last minute nursing home care. Todd also explains why trusts are often too complicated, the value of putting vehicles in a trust, and why you want more than just a will.

Mike Armstrong and Marc Fandetti discuss Trump's fragile trade deals. Inflation vs Unemployment. Which do Americans fear more? Even top earners are falling behind on credit card and car loan payments. Soaring energy costs related to the AI boom are becoming concerning.

Mike Armstrong and Marc Fandetti break down the numbers in the latest JOLTS report. A divided Fed eyes future rate cuts but not likely this week. Companies are starting to complain about consumer stress levels. Trump is winning his trade war.

Chuck Zodda and Mike Armstrong discuss the latest bragging point for CEOs is shrinking their companies headcounts. Inflation is outpacing wage growth for nearly half of Americans. Americans view their 401(k) as more than just a nest egg. ‘Quishing’ scams dupe millions of Americans as cybercriminals turn the QR code bad.

Chuck Zodda and Mike Armstrong preview a very busy week for economic data. Is the US-EU trade deal the least bad outcome? How long can the US economy defy expectations? The Fed hasn't been this divided in 30 years. Are things really changing for the better at Boeing under the new CEO?

Chuck Zodda and Mike Armstrong discuss airlines not named Delta or United are having a very difficult year. Airbnb is looking to redefince travel again. McDonald's has lost its way when it comes to value. Can the golden arches recapture value focused customers? What will it take for robotaxis to go global?

Chuck Zodda and Mike Armstrong discuss the S&P500 and Nasdaq Composite hitting new record highs. Trump says he won't fire Powell despite bout of bickering over renovation costs. Intel to layoff 15% of workers and cancel billions in projects in bid for rebound. Wall Street is challenging the low cost investing revolution. Microsoft CEO says job cuts have been weighing on him.

Chuck Zodda and Mike Armstrong discuss home prices hitting a new record in June, dragging down sales. Ted Rossman, Bankrate, joins the show to share the results of a recent back-to-school shopping survey. Trump to tour Federal Reserve, ramping up pressure on Powell. What most Americans get wrong about Social Security. Thousands of workers feel reduced burnout after four day work week trial.

Chuck Zodda and Mike Armstrong discuss Trump's new trade standard taking shape with 15% tariff deal. Tesla braces for 'rough' quarters as US ends incentives. Google revenue soars on AI boom. Nvidia and AMD CEOs rally behind Trump's AI 'action plan.' 

Chuck Zodda and Paul Lane discuss the magnificent seven companies needing to answer certain questions in their earnings reports. Markets are again abuzz about Meme stocks. Full return to office now required for majority of Fortune 100 desk workers. AI demand drives record electricity supply costs in largest US markets. The billion dollar question looming over college sports.

Chuck Zodda and Paul Lane discuss the US and Japan reaching a trade deal. EU readies no-deal plan to match US's 30% tariff. What should the tariffs rates be? Todd Lutsky joins the show for his weekly segment, Ask Todd. This week, Todd explains how to protect retirement accounts from long-term care.

This week on Ask Todd, Todd Lutsky explains how to protect retirement accounts from long-term care, moving brokerages accounts into a trust, and trust planning vs long-term care insurance.

Mike Armstrong and Paul Lane discuss why stocks are up and why it is such a mystery right now. Corporate America keeps calling consumers 'resilient.' Consumers beg to differ. Banks hate 'buy now, pay later' and may penalize its users. Meme stock frenzy is back. Alphabet earnings optimism outweighs looming anti trust risks. California's $20 minimum wage at fast-food chains has hit employment.

Mike Armstrong and Paul Lane discuss GM's profit falling as Trump tariffs add $1.1B in costs. Coca-Cola beats estimates but feels slightly meh. Bessent says review of Feds building renovations is needed. BlackRock restricts use of company devices for China travel. Does Europe have a secret weapon to use in negotiations with Trump? Canada's boycott of US liquor hits domestic alcohol sales.

Mike Armstrong and Marc Fandetti discuss Bessent making the case to Trump against firing Fed Chair Powell. Is the US riskier than emerging markets? Social Security needs a fix more than ever after the big bill. Could the Big Beautiful Bill prove to be contractionary? After pledging to keep prices low, Amazon hiked them on hundreds of essentials. Will 'smart' restrooms fix America's public bathroom...

Mike Armstrong and Marc Fandetti discuss the busy week for earnings that started off with the ever reliable Verizon. Is the US economy regaining its swagger? How the Fed has learned from previous mistakes. Europe prepares for a US trade fight. What does a late career layoff look like in America? Wall Street want to make private markets a little more public.

Chuck Zodda and Mike Armstrong discuss American Express expenses grow amid investments to keep customers spending. Where are Walmart prices are changing — and staying the same — as Trump’s tariffs hit? Carmakers face uncertainty as tariffs and earnings collide. GE Aerospace investors are unsure of the potential. 

Chuck Zodda and Mike Armstrong discuss housing starts gain but still lag from last year. Consumer sentiment rises in July despite Trump's latest tariff threats. Upbeat earnings send S&P and Nasdaq to new highs. Why does Netflix keep dominating the streaming space? Trump set to open US retirement market to crypto investments.