The Financial Exchange Show

The Financial Exchange Show

A talk radio show that provides comprehensive analysis on the economy and the latest breaking business news, while also providing insight on the markets and its impact on your personal finances.

Episodes

Where do interest rates need to be to get housing market moving again?

September 26, 2025 • 38 mins
Mike Armstrong and Paul Lane disucss why millions of Americans are becoming economically invisibile. Mike Simonsen, Chief Economist at Compass, joins the show to chat about the state of the housing market and where interest rates need to be to get things moving again. Costco tops earnings and revenue estimates as warehouse club gains more members. Starbucks is in a big mess. Paul LaMonica, Barron's, joins the show to chat how O’Rei...
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Will the massive spending on AI ever pay off?

September 26, 2025 • 38 mins
Mike Armstrong and Paul Lane discuss the core inflation rate coming as expected. Trump imposing new tariffs on pharma and big trucks. Will the massive spending on AI ever pay off? How many Americans actually have a financial plan written down?
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Why are giant tech firms all investing in each other?

September 25, 2025 • 38 mins
Chuck Zodda and Mike Armstrong discuss the White House going all-in on Argentina. It may not work. Intel is seeking an investment from Apple as part of its comeback bid. Amazon agrees to settle US lawsuit that it 'tricked' people into Prime. A diminished Social Security workforce, and its customers, feel the strain. Delta replaces engine units in effor to address toxic-fume surge on planes. Higher electricity prices aren't all good...
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Something stinks in the auto market

September 25, 2025 • 38 mins
Chuck Zodda and Mike Armstrong discuss initial jobless claims tumble for second consecutive week. US economy grew faster than expected in the second quarter. Too many still don't understand the tax ramifications of the Big, Beautiful Bill. CarMax sees unexpected drop in used-car sales. White House to pursue mass firings if government shuts down. How the H1B visa fee could reshape workforces.
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Does more trouble lie ahead for US jobs?

September 24, 2025 • 38 mins
Chuck Zodda and Marc Fandetti discuss more trouble ahead on the US job front. The Fed's rate path is too cautious to fix housing. Is Nvidia's investment in OpenAI a bad sign for the tech market? Is the diversified portfolio dead? the NFL says is could renegotiate media deals as soon as 2026.
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Is Powell leaving the door open for more rate cuts this year?

September 24, 2025 • 37 mins
Chuck Zodda and Marc Fandetti discuss Powell describing rates as 'modestly restrictive,' keeping the door open to cuts. Do Stephen Miran's rate-cut arguments add up? US stocks resist S&P500 drops of 2% or more in best run in over a year. Todd Lutsky joins the show for his weekly segment, Ask Todd. This week, Todd explains to best way to leave property to your heirs.
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Is the era of value investing over?

September 23, 2025 • 38 mins
Mike Armstrong and Marc Fandetti discuss how Argentina's Javier Milei lost the markets and is turning to the US. Are H1B visas crucial to American productivity? Stocks are expensive. Does earnings growth mean that doesn't matter? Is the age of value investing over? Regional US casinos cash in as gamblers shun prices Vegas trips.
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Is the stock market overvalued?

September 23, 2025 • 38 mins
Mike Armstrong and Marc Fandetti discuss the often asked question if the stock market is overvalued. Miran is contradicting himself on the case for big rate cuts. China floods the world with cheap exports after Trump's tariffs. Nvidia to invest up to $100B in OpenAI. Spirit Airlines furloughing one-third of its flight attendants.
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Why inflation is the lesser evil

September 22, 2025 • 38 mins
Chuck Zodda and Mike Armstrong discuss inflation being the lesser evil. Many Americans can't buy houses, get jobs, or move in a stuck economy. The rush to return to the office is stalling. Cardboard box demand is slumping. Why that's bad news for the economy. Millennials are stuck in an old and lazy story.
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Will the $100,000 visa help American workers?

September 22, 2025 • 38 mins
Chuck Zodda and Mike Armstrong discuss Trump's $100,000 visa targets a $280B India success story. Will the $100,000 visa help American workers? American colleges are going all out to hold to international students. Why it might be time to repeal the Fed's dual mandate.
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Which states are getting hit hardest by unemployment?

September 19, 2025 • 38 mins
Mike Armstrong and Marc Fandetti discuss which areas of the country are being hit the hardest by unemployment. Grocery prices have jumped up. Is it actually the grocery stores to blame? Eversource gas customers face 13 percent rate increase this winter. Reasons why getting rid of quarterly reports helps markets and companies. Paul LaMonica ( Barron's) joins the show chat about the recent IPOs including StubHub.
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If the Fed loses its independence, what happens to inflation?

September 19, 2025 • 38 mins
Mike Armstrong and Marc Fandetti discuss the Fed losing its independence and what that means for inflation. Why the Fed's recent rate cut might be the only one of 2025 despite predictions. Why the Fed can't ease the government's debt problem. Trade relations with China as Xi and Trump talk TikTok and rare earth materials. Nvidia is walking a tightrope between the US and China. 
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How long until Nvidia buys Intel outright?

September 18, 2025 • 38 mins
Chuck Zodda and Mike Armstrong discuss the recent $5B investment by Nvidia into Intel. Chuck wonders how long till Nvidia just buys up Intel altogether. Huawei unveils AI chip roadmap to challenge Nvidia's lead. Congress has no good excuse to keep trading stocks. Start practicing retirement now. It'll make the switch that much easier. Home Insurance as you know it is doomed. You're not ready.
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The Fed has no clue how the economy will look next year

September 18, 2025 • 38 mins
Chuck Zodda and Mike Armstrong break down the Fed's rate cut decision and claim of two more possibly coming this year. Powell and the rest of the Fed have no clue how the economy will look next year. US initial jobless claims drop by most in almost four years. How to handle a job market that's worse than it looks. American Express unveils refreshed Platinum card with $895 annual fee.
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Chuck's prediction for Nvidia in China is coming true

September 17, 2025 • 38 mins
Chuck Zodda and Paul Lane discuss China banning tech companies from buying Nvidia's AI chips. AI is going to consumer a lot of energy. Can it help us save energy? US mortgage rates fall to 2024 levels, fueling refinancing surge. LimeWire is back and buying the Fyre Festival.
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Why interest rates aren't the most important thing

September 17, 2025 • 37 mins
Chuck Zodda and Paul Lane explain why interest rates aren't the most important aspect of the economy. The two-speed economy is back as low-income Americans give up gains. Todd Lutsky joins the show for his weekly segment, Ask Todd. This week, Todd explains beneficiary designations on IRAs.
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Ask Todd: Beneficiary designations on IRAs

September 17, 2025 • 15 mins
This week, Todd Lutsky explains the process and benefits of naming beneficiaries on IRAs and how income taxes are paid when the estate is the beneficiary.
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Hidden Job Strength, Earnings Overhaul, and the Road to Affordability

September 16, 2025 • 38 mins
Mike Armstrong and Paul Lane discuss how the breakeven threshold reveals a more robust labor landscape than stats show. Why shifting away from rigid quarterly filings could free up companies and provide better long-term insights for investors. The inside scoop on Luckin’s bold U.S. expansion strategy and how it's challenging the coffee giant's dominance with aggressive pricing and tech-driven growth. Americans can't stop buying car...
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Retail sales say the economy isn't really slowing down

September 16, 2025 • 38 mins
In this episode, Mike Armstrong and Paul Lane unpack the latest economic headlines shaping markets. From robust retail sales defying slowdown fears to pivotal Federal Reserve updates, we dive deep into what’s driving the economy. What’s on the table?
  • Retail Sales Surge in August – Consumers keep spending, but is it sustainable?
  • Fed Governor Drama – Appeals Court denies Trump’s bid to remove Lisa Cook, while Stephen Miran joins th...
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Elon Musk's $1B Tesla Bet Shocks Wall Street

September 15, 2025 • 38 mins
Chuck Zodda and Mike Armstrong discuss Elon Musk purchasing $1B worth of Tesla stock. Tesla's chair says only Musk can lead Tesla's next phase. 'Underwater' car trade-ins are at a 4-year high. More Americans are stuck with the jobs they can get, not the ones they want. How to build a million-dollar future for your kids.
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