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.

Private credit has some ugly cracks in the foundation

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.

Are we headed for a repeat of the dot com era?

Mike Armstrong and Paul Lane discuss investors dumping tech shares as shutdown relief evaporates. What is going to shift sentiment back in the positive direction? Are we headed for a repeat of the dot com era? Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts. Walmart CEO Doug McMillon to retire in January after nearly 12 years leading retailer. U.S. to cut tariffs on bananas, coffee and other goods from four countries. Nearly 900,000 new homeowners are underwater on their mortgages, signaling a troubling shift in the housing market. Amazon and Microsoft back effort that would restrict Nvidia’s exports to China.

When will consumers get the streaming cord?

Chuck Zodda and Mike Armstrong discuss Disney saying film studio expenses weigh on current quarter. Streaming prices are soaring, and consumers are still paying. The Nasdaq whale's Nvidia sale smells desperate. Sundar Pichai is Google's AI wartime CEO after all. Toyota doubles down on hybrids in the US. Michael Burry shuts down Scion.

Is another shutdown on the horizon?

Chuck Zodda and Mike Armstrong discuss Trump signing the spending bill and ending the government shutdown. Is another shutdown on the horizon? There is no inflation data to report today. What are experts saying about inflation right now? The IRS announces 2026 401(k) contributions and savings cap. Boston Fed President advocates holding rates steady. There is a new phone scam targeting utility bills.

Who will be the winners and losers of the AI boom?

Chuck Zodda and Paul Lane discuss why you should treat the stock rally with skepticism. Luke Kawa (Sherwood News) joins the show for a discussion on AI valuations. Car loan delinquencies hit record for riskiest borrowers. Airline problems will linger even if shutdown ends. Will a 50-year mortgage make homes more affordable?

The Middle Class Is Unraveling

Chuck Zodda and Paul Lane discuss how Americans are anxious over affordability and jobs. The Fed is increasingly torn over a December rate cut. Massachusetts' middle class is unraveling. Boston is one of the most expensive cities in the country to live. Disney's battle with YouTube rages on.