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.
How much money is the government shutdown costing the economy?
AI stock sell off could be a bust or a blip. What will decide the outcome?
Chuck Zodda and Marc Fandetti discuss private payrolls rebound in October, adding 42,000 jobs. The AI stock sell off could be a bust or a blip. What will decide the outcome? Todd Lutsky joins the show for his weekly segment, Ask Todd. This week, Todd explains the benefits of utilizing revocable trusts.
Ask Todd: The beauty of revocable trusts
This week, Todd Lutsky explains the benefits of utilizing revocable trusts for your estate plan. Todd also takes questions for listeners about capital gains on revocable trusts and switching from a will to a trust.
How common are 10% market pullbacks?
Mike Armstrong and Marc Fandetti discuss how frequently 10% market pullback occurs. Third quarter earnings are indicating a divided economy. Federal Reserve signals December rate cut are not a foregone conclusion. Slump in cardboard sales is stoking fears of lackluster holiday shopping. Yum Brands will review strategic options for Pizza Hut, opening the door for a sale. First Brands' new management accuses founder Patrick James of fraud.
Wall Street CEOs warn of pullback risks
Mike Armstrong and Marc Fandetti discuss Michael Burry's short positions on Palantir and Nvidia. Wall Street CEOs flag high market valuations and pullback risks. Wall Street intensifies scrutiny of fraud after spate of loan losses. Have fraud cases highlighted systemic risks? Dan Griggs, OceanFirst Bank President, joins the show to share what he views is the biggest threat to the economy.
USVI Governor Albert Bryan Jr on how tariffs have impacted the islands
US Virgin Islands Governor Albert Bryan Jr joins the show to discuss the economic advancements the islands have made in the past five years, how they have recovered from recent hurricanes, and how tariffs have impacted the islands.
Is OpenAI becoming too big to fail?
Chuck Zodda and Mike Armstrong discuss scarce chips are just the tip of big auto's disruption. Amazon agrees to massive deal with OpenAI. Is OpenAI becoming too big to fail? Risky loans from housing bust era is making a comeback. Are tariffs going to hammer shoppers this holiday season? Why the future of coffee doesn't belong to Starbucks.
Has the S&P 500 become to reliant on the Magnificent 7?
Chuck Zodda and Mike Armstrong discuss this week's biggest economic events. Has the S&P 500 become to heavily weighted to the Magnificent Seven? Is the recent wave of layoffs a warning sign for the job market? USVI Gov Albert Bryan Jr joins the show to chat about how the islands are avoiding the wrath of tariffs. How the US economy defied doomsday predictions on tariffs.
Private Credit Cockroaches Are On The Loose
Chuck Zodda and Mike Armstrong discuss another big money fraud case coming out of the private credit world. Too much experience is hurting job candidates now? Todd Lutsky explains the benefits of gifting assets as a part of your estate plan. Cities across America are putting robots to work. Paul LaMonica (Barron's) joins the show to chat about Rithm Capital.
AI-led investments are driving economic growth. How long can it last?
Chuck Zodda and Mike Armstrong discuss Amazon shares jump on news of strong cloud sales. How long can the economy rely on AI-led investments to keep driving the economy? Apple expects a big December. Should we be more skeptical about AI’s power needs? Why are more home sales falling through?