The Financial Exchange Show

This week Todd Lutsky explains the reasoing behind naming beneficiaries in your IRA. Todd takes calls from listeners about selling rental properties in a trust and the process of step-up in basis after a spouse passes away.

Chuck Zodda and Paul Lane wonder if the soft landing will be a little bumpier than  thought. Massive port strike could have ‘devastating consequences’ for consumers, expert says. What are the holes in Harris's housing plan? A CVS breakup is no easy fix for its problems. Google is working on reasoning AI. Could the recent storms force a change in migration paterns for Americans?

Chuck Zodda and Paul Lane discuss the rise in energy stocks as tensions in the Middle East explode. Has Nike run out of time? Chinese stocks in Hong Kong soar more than 7% on stimulus bets. Todd Lutsky stops by for his weekly segment, Ask Todd!

Mike Armstrong and Paul Lane discuss auto sales idling as prices remain elevated. Rent or Buy? How falling mortgage rates are changing the math. Social Security shortfall could cost millennial couple nearly $1M. Nike's sales are in a funk. Is the brand losing its luster?

Mike Armstrong and Paul Lane break down the ISM Manufacturing survey and the JOLTS report. Fed's Powell says rate cuts can sustain soft landing, but sees no need to rush. Dockworkers launch strike at ports from Maine to Texas. Boeing weighs raising at least $10B selling stock. CVS to cut 2,900 jobs and is reportedly mulling a breakup. DirecTV strikes deal to acquire Dish Network.

Chuck Zodda and Mike Armstrong discuss the potential dockworkers strike that could slam the US economy. Boeing and the union stall on strike talks. Pensions are the latest problem for the company. Michigan nuclear plant finalizes federal loan to support the first reactor restart in US history. AT&T exits pay-TV and frees DirecTV to combine with Dish. What are some of the worst mergers in US history?

Chuck Zodda and Mike Armstrong discuss the market killing it right now, but what could kill the rally? What is going to be the financial impact of Hurrican Helene? The stock market isn't all about AI anymore. A week of shock and awe ignites China's stock markets. China has broken the 'critical materials' market.

Chuck Zodda and Mike Armstrong discuss nuclear power being the new AI trade. What could possibly go wrong? Microsoft wants nuclear power so bad for AI that is is paying double. Boeing's union rejects 'best and final' offer. Sorry, your insurance bill probably isn't coming down much. Why television executives are freaking out over 2029. Paul LaMonica from Barron's joins the show to share his optimism on Nike.

Chuck Zodda and Mike Armstrong discuss the Fed's key inflation gauge came in lower than expected. Wall Street wants more big rate cuts. Fed officials don't agree. Why these two stock-market sectors need to be treated with caution. Turning OpenAI into a real business is tearing it apart. China's market marred by glitches as frenzy grips stocks. Fidelity slashes mobile deposit limits following fraud wave.

Chuck Zodda and Mike Armstrong discuss the difficulties finding a new job but dispute the notion that it is harder than ever. Some economists think this might be a bad omen for the economy. Boeing needs to take a cue from UPS and pay its strikers. OpenAI to become for-profit company. Super Micro shares tumble 12% after DOJ reportedly opens a probe into the company. Raising the full retirement age to 69 won't save the program. Are we finally seeing the end of the cheap burger?