The Financial Exchange weekdays from 10AM - Noon on 14 stations across New England.
The Financial Exchange is the only daily business and financial show in Boston and New England. Mike and Chuck tackle the top stories in the business and financial sector each day, while you updated on the trends in the US markets and the global economy. Plus, they'll talk to the biggest names in the industry for expert analysis.
More Info: financialexchangeshow.com
How have mortgage rates impacted the spring housing market?
Has there been a signal shift at the Fed?
Mike Armstrong and Paul Lane open the show to discuss what they anticipate from the Federal Reserve at the conclusion of their monthly meeting tomorrow afternoon. Will they cut rates at all this year? Is a rate hike possibly in the cards? Also, do only the final 10 minutes matter for markets? Mike and Paul address this, citing a recent Bloomberg article. Plus, McDonald's first quarter results and consumer spending evidence, and more.
Are younger people struggling more in this economy compared to previous generations?
Mike Armstrong and Paul Lane jump into a recent WSJ article detailing the economic struggles of younger Americans. Are they seeing more challenges than previous generations? Also, a chat about some steps that could be taken to help improve housing affordability and inventory issues. Plus, how relying on online sources to help retirement anxiety could be a major error for most.
Are investors starting to fear the Presidential election?
Mike Armstrong and Paul Lane preview the week ahead, including a big Fed meeting, more first quarter earnings from the likes of Amazon and Apple, a jobs report on Friday and much more. Also, are traders beginning to show concerns about November's election? And Tesla finally scores a significant win in China.
Has Google and Microsoft left Meta behind in the AI arms race?
Mike Armstrong and Marc Fandetti discuss how Google and Microsoft left Meta in their wake with the latest earnings reports. China will pay consumers $1,400 to replace their old cars. How economists could make themselves more useful. With inflation this high, nobody knows what the dollar is worth anymore. Paul LaMonica joins the show to chat about why big banks are taking a risk on fintech.
Should the President have power over the Federal Reserve?
Mike Armstrong and Marc Fandetti react to the release of the Fed's key inflation measure which rose 2.8% year over year. Inflation worries are impacting investors. Should the Fed remail independent from the execuvite branch? Do the GDP and Dow reflect American well-being? The dream of Fed rate cuts in 2024 is slipping away. The thrill is back for retail investors.
What is TikTok worth?
Mike Armstrong and Paul Lane discuss why the Fed could cause housing to get more expensive. US White-Collar job growth stalls, even in pandemic boomtowns. TikTok ultimatum puts a target on the backs of US companies operating in China. If a sale of TikTok is forced, what will it sell for? About 1 in 4 US adults over 50 say they expect to never retire. US fertility rates drops to a record low. Companies are already finding work arounds for the non compete ruling.
GDP comes in well below expectations. Is it time to raise rates?
Mike Armstrong and Paul Lane react to the GDP rate coming in well below expectations. Does this report show the need for the Fed to raise rates? Why is Meta's stock tanking after posting record revenue? Microsoft and Alphabet have the hopes of the Magnificent Seven on their backs today. Biden issues new rules for airlines to require automatic cash refunds for cancellations and delays. Southwest is exiting four airports as Boeing troubles impact the entire industry.
Ask Todd: What should go into your trust?
Todd Lutsky, Cushing & Dolan, stops by to share his expertise on transfering assets in the event that inheritance plans change. Should you add a safety deposit box to your trust? How can I protect my rental property from divorce? What is Schedule A listing?
Why are so many Americans taking on debt for a summer vacation?
Paul Lane and Marc Fandetti discuss traders adding bets that the Fed will skip interest rate cuts this year. Visa profit surges 17% as consumer card spending climbs. Ted Rossman, Bankrate.com, joins the show to chat about how many Americans are taking on debt to go on a vacation this summer. What does Boeing need from its next CEO? The FTC bans noncompete agreements that restrict job switching. Gold has gone gangbusters. Retirement savers shouldn't get carried away.