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.
Apple is dealing with the worst iPhone slump since the pandemic
What does higher for longer mean for the stock market?
Chuck Zodda and Mike Armstrong react to the retail sales data that came in much hotter than expected. What does higher for longer mean for the stock market? Oil prices are retreating after Iran attacked Israel. Gold is back, and it has a message for us. What are some of the things Chinese economists are watching to see if the rebound is real?
Common misconceptions about gold as an inflation hedge
Chuck Zodda and Mike Armstrong share why they believe gold is not a good hedge against inflation and the notion that it is is outdated by a few decades. The US had a chance to lead in chipmaking tech, and missed it. Apple plans to overhaul its entire Mac line with AI-focused M4 chips. Top Amazon executive says it is a 'myth' that robots actually steal jobs. Paul LaMonica joins the show to chat about Netflix pushing its way into the Magnificent Seven.
Interest rates have investors concerned. Will profits give them some comfort?
Chuck Zodda and Mike Armstrong dive into the earnings from JPMorgan and Wells Fargo. Why did the banks drop when they beat forecasts? Interest rates have investors worried. Profits give them comfort. Home buyers lose hope for lower rates. Renters are enjoying cheap rent, but it won't last. Why car insurance costs are skyrocketing and leading to higher inflation.
How the DAV helps disabled veterans
Dan Stack, Dept. Adjutant - DAV, joins the show to discuss what the DAV is doing to help disabled veterans in Massachusetts, how volunteers are impacting the lives of those veterans, and how to register for this year's DAV5K on Castle Island, November 9th.
Home prices are sky high and so are the costs of owning a home
Chuck Zodda and Mike Armstrong discuss why the costs of home ownership are skyrocketing. Dan Stack, Dept. Adjutant - DAV, joins the show to talk about the amazing initiatives the organization engages in to make disabled vets lives easier. Dan shares the details to register for this year's DAV5K on Castle Island. You still have time to make an IRA contribution before tax day. There is a new fashion trend taking over across the country, and it's horrible.
Forget cuts, we might get rate hikes instead
Chuck Zodda and Mike Armstrong react to the PPI data that came in better than expected. Fed rate cuts are now a matter of if, not when. We expected multiple rate cuts this year, but we might be getting rate hikes instead. The job-market looks solid, but there are signs of weakness, or are there? Is the boom-or-bust cycle dead?
Ask Todd: Building a successful gifting strategy
Todd Lutsky, Cushing & Dolan, shares his expertise on building a successful gifting strategy in your estate plan and why your beneficiaries need you to have a plan. Todd takes questions from the audience about their personal retirement needs.
Wall Street hopes earnings season helps the market rally continue
Chuck Zodda and Marc Fandetti discuss why there is a widening divergence between the Fed and the ECB. The price of gold, seen as a hedge against inflation, soars to new heights. Wall Street hopes earnings propel defiant stock rally onward. Delta's outlook tops estimates on revival of business travel. Boeing engineer says company used shortcuts to fix 787 jets. Despite recent rulings, the 6% commission is likely here to stay.
How does the CPI report impact average Americans?
Chuck Zodda and Marc Fandetti react to the March CPI report that came in hotter than expected and sent markets down. What is happening in the bond market post CPI release? Todd Lutsky joins the show to share his opinion on how to build a successful gifting strategy in an estate plan. Todd also takes calls from the audience about their person retirement plans.