The Financial Exchange Show

Paul Lane and Marc Fandetti preview the upcoming February jobs report. Why will tariffs on Canada make housing much more expensive in New England? Are Americans relying too much on their 401(k) for savings? Are egg companies using real world problems to justify price hikes? Home Depot turns to AI to answer questions for customers.

Paul Lane and Marc Fandetti discuss the White House putting one-month exemptions on tariffs. Commerce Secretary Lutnick says more one-month tariff exemptions beyond autos are likely. With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories. Is the case against tariffs is getting stronger? Why is the government hitting pause on massive real-estate sale? Congress’ proposed c...

This week, Todd Lutsky explains what a life estate is, why it might be right for you, and how you can balance the life estate with other retirement plans. Todd also takes questions from the audience about irrevocable trusts and how to sell property that is in a trust.

Chuck Zodda and Paul Lane wonder why all the focus on tariffs is directed at Canada and Mexico but not China. What is stagflation and are we about to get hit by it? US recession odds are becoming unsettlingly high. Nvidia chart watchers brace for more pain with dip buyers at bay. Tesla sales slump in Europe as ander toward Elon Musk grows. 

Chuck Zodda and Paul Lane discuss how day one of Trump's tariffs played havoc on markets. What is likely to happen to gas prices if tariffs persist? Todd Lutsky joins the show for his weekly segment, Ask Todd. This week, Todd calculates the consequences of a life estate.

Mike Armstrong and Paul Lane discuss Target's warning to US consumers about the impact of tariffs. Is the Fed going to start cutting rates soon? Social Security plans to cut 7,000 workers and most want to know if that will impact benefits. The man who saved Social Security in the 1980's has some advice for today's politians. Walgreens nears roughly $10B deal to go private. Kraft Heinz will make cr...

Mike Armstrong and Paul Lane discuss Trump's Canada-Mexico tariffs take effect today. How will the tariffs impact energy prices for New England states? China retaliates against US with tariffs and controls on US companies. What areas of the consumer sector will get hit first? What are Trump's goals with these tariffs?

Chuck Zodda and Mike Armstrong discuss the Treasury Department's recent moves and the guys wonder if they are intentionally trying to slow the economy down. Sarah Foster, Bankrate.com, joins the show to chat about some of the financial frauds you need to be aware of. Which states are likely to see home values tumble? Are egg producers inflating prices during the bird flu outbreak to boost profits?...

Chuck Zodda and Mike Armstrong discuss the latest ISM Manufacturing data that showed a second consecutive month of expansion. Can the US economy continue to be resilient during this uncertain period? How are luxury brands able to survive over decades? Will the jobs report give us big clues about the near future of the economy? Should we take Ray Dalio's latest economic prediction seriously?

Mike Armstrong and Paul Lane begin the second hour of today's show with a discussion about how more Americans are "doom spending" as a result of worries around tariffs increasing the cost of goods. What could that mean for retailers and the economy? Plus, a follow-up from a previous conversation earlier this week regading two Mag 7 companies in Tesla and Nvidia and their lofty expectations from in...

Mike Armstrong and Paul Lane kick off the first hour of the show with a market update following Thurday's sell-off, driven by concerns over a softening economy and tariff uncertanity. What did the latest gauge on inflation tell us? Plus, is there a chance we see stagflation? And could the Fed even react accordingly?

Mike Armstrong and Paul Lane discuss the Federal Reserve's favorite recession indicator is flashing a danger sign again. Scott Bessent gets his lower bond yields but for the wrong reasons. Why are Americans still building houses in climate danger zones? Social Security Fairness timeline gets pushed up, with lump sums and benefit increases for millions. The number of 401(k) millionaires rose 27% in...

Mike Armstrong and Paul Lane discuss Nvidia's earnings and outlook, which came in much better than expectations. The US economy shows signs of strain from Trump's tariffs and spending cuts. Why would US automakers but the most impacted by tariffs? Weekly jobless claims jump to 242,000, more than expected. From egg prices to housing, US inflation is heating up again. Microsoft urges Trump to overha...

This week, Todd Lutsky explains why you need to understand at least the bare minimum of estate planning before beginning the process. Todd also explains what happens when your estate plan is done poorly and why inheriting is better than buying.

Paul Lane and Marc Fandetti discuss Nvidia facing the most critical earnings day yet. Paul explains the rule of 72 and why you need to know it. American workers are skeptical AI will help them on the job. GM boosts investor payout with new buybacks and a dividen hike. Tesla feels the wrath of anti-Musk backlash. Egg prices are soaring. Bird flu may not be the only culprit. McDonald's resists the e...

Paul Lane and Marc Fandetti discuss the vibes on Wall Street are starting to turn. The economy is still fine. Americans are still gloomy. Americans are expecting higher prices. That could unnerve the Fed. Ukraine agrees to mineral-rights deal with the US. Todd Lutsky joins the show for his weekly segment, Ask Todd.

Mike Armstrong and Marc Fandetti Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak.  Why is your gas bill so high right now? Will the Fed admit it made a mistake? What is the loophole states are using to shelter companies from certain taxes? Egg prices continue to be a problem. Why is Jamie Dimon becoming so much more outspoken?

Mike Armstrong and Marc Fandetti discuss the recent market sell-off and try to explain what could be behind it. February consumer confidence comes in lighter than expected in latest sign of slowing economy. Trump says planned tariffs on Mexico and Canada are set to go ahead. What is driving the S&P sell-off? Nvidia had a rough start to 2025. Could that change post-earnings? Why you shouldn't g...

Mike Armstrong and Marc Fandetti discuss how federal agencies are pushing back on Elon Musk's 'what did you do last week?' emails. Walmart's tepid outlook stirs concerns for retail earnings ahead. Home buyers are finally getting the upper hand again. The US economy depends more than ever on rich people. Everyone hates pennies, except the lobbyist who is paid to defend them.

Mike Armstrong and Marc Fandetti discuss what caused Friday's massive sell-off. What is the biggest problem the stock market is facing right now? The Fed is stuck in neutral as it watches how Trump's policies play out. Warren Buffett defends his growing cash pile. Apple says it will add 20,000 US jobs amid threat from Trump tariffs. Americans are down on the economy, but CEOs are full of optimism.

Paul Lane and Marc Fandetti discuss the DOJ investigating UnitedHealth billing practices. Why is Warren Buffett hoarding so much cash? Americans' average credit card balance hits $6,580, but there are signs that consumers are managing it well. Nvidia's stock has been on a wild ride. Japan to court Tesla on Nissan investment. Trump's tariff wars leave US small business's nowhere to hide. Paul LaMon...

Paul Lane and Marc Fandetti wonder if the S&P500 can keep climbing to new highs. Are global markets look better than US markets? Existing-home sales took a big hit in January. The stock market is expensive. Are analysts still bullish? Musk looks at auding the Federal Reserve. US doubles down on demand that Ukraine sign minerals deal. Bessent says US 'long way' from boosting longer-term debt sa...

Chuck Zodda and Marc Fandetti discuss U.S. stocks are back at record highs. Is it too late to chase the bull market? Will the bond market rein in Donald Trump? What should we make of Microsoft's claims of quantum computing breakthrough? Are the IRS layoffs a bad idea? Delta is offering $30,000 for passangers on the recent flight that crashed in Toronto. Is it enough?

Chuck Zodda and Marc Fandetti discuss the release of the Fed minutes that showed a decreased appetite for rate-cuts. Is stagflation poised to make a comeback? Why is Walmart's stock sliding after the earnings report? The earnings picture for stocks is deteriorating. How worried investors should be? Why are traders ditching America-first wagers?

Chuck Zodda and Paul Lane discuss what kind of clues about inflation we might be getting from the upcoming Fed minutes. The biggest US stocks haven't been this expensive since the dot-com era. Is it making investors nervous? Why did Microsoft admit that AI is making us dumb? Return-to-office mandates cause logistics chaos. Apple launches new, cheaper iPhone. KFC is leaving Kentucky for Texas.