The Financial Exchange with Barry Armstrong breaks business news first in New England. The longest running business news host in Boston, Barry reports on the latest business developments throughout the country in New England with heavy hitting interviews from CEO’s, analysts and prominent business media professionals.
American Middle Class is Shrinking. Is that a good thing?
Nvidia saves the day! At least for a little while.
Chuck Zodda and Mike Armstrong discuss the delayed September jobs report that beat expectations. After the shutdown, the Labor Dept. says some data is gone for good. Would the Fed push back its meeting by a week to possibly fit in a rate cut. Nvidia's strong results show AI fears are premature. Walmart reports strong sales growth and raises outlook. What are the best grocery stores in New England?
Is Target becoming the next Macy’s?
Chuck Zodda and Marc Fandetti discuss Target's earnings report showing soft demand. Is Target becoming the next Macy's? Lowe's gets a boost from pro builders. Nvidia earnings are a massive test for markets. Are investors fleeing tech stocks for dividend payers? New Social Security scam uses ‘high pressure’ scare tactics. What to watch for.
Three factors you need to watch closely
Chuck Zodda and Marc Fandettil express their concern for the labor market, private credit market, and AI spending. Wall Street faces a critical test from Nvidia and delayed jobs data. Todd Lutsky joins the show for his weekly segment, Ask Todd. This week, Todd explains the differences between revocable trusts and wills.
Ask Todd: Your personal bank account should never be in your trust
This week, Todd explains the similarities and differences between a revocable trust and a will. Todd also takes questions from the audience about depositing Social Security checks into a trust and managing real estate when heading to a nursing home.
Private credit has some ugly cracks in the foundation
Mike Armstrong and Marc Fandetti discuss private credit's exposed cracks in the foundation. Blue Owl plunges to 2023 low after blocking exit from fund. US probes firms that borrowed $400M from private credit giant HPS. What happens when housing supply is driven by markets and not Main Street. Cheaper coffee and tomatoes won't fix the inflation problem. AI is making us rich and unhappy.
Is sentiment the only reason markets are falling?
Mike Armstrong and Marc Fandetti discuss the market rout intensifying, sweeping up everything from tech to crypto to gold. Other than sentiment, what is driving the market sell off? Home Depot cuts outlook as home improvements slow down. Fed's Waller calls for December rate cut to bolster labor market. Americans could see a big sticker shock for turkeys this Thanksgiving.
Will we get a Santa Claus rally this year?
Chuck Zodda and Mike Armstrong wonder if we will get the usual Santa Claus rally this year. The White House hunts for ways to lower the cost of living...they can't. Sarah Foster (Bankrate) joins the show to chat about the tale of two job markets. Disney and YouTube TV reach a deal, ending the 15-day standoff. Tim Cook could step down as Apple CEO next year. Forgotten 401(k) accounts are costing Americans billions. Layoff tactics keep changing, and the blunders keep coming.
Those wishing for a drawn out bear market are fools
Chuck Zodda and Mike Armstrong discuss what to expect in markets this week. Nvidia helped spark the AI rally. Its earnings could revive it. Those wishing for a drawn out bear market have forgotten how much pain comes with a bear market. Blue Owl private credit fund merger leaves some investors facing a 20% hit. You can't eliminate volatility, you can only transfer it.
What Is the K-Shaped Economy, And Why Is It a Problem?
Mike Armstrong and Paul Lane explain what the 'K' shaped economy is, and why it is a problem. What does our Michael Burry obsession say about us? Fewer burritos, more bargains: Consumers flash holiday warning signs. Here are the new 401(k) and IRA contribution limits for 2026. Here’s how Robinhood will deliver bags of cash to your doorstep safely. Paul LaMonica (Barron's) joins the show to chat about Circle and crypto's recent wild ride.