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Full Show 3-21-17

Mar 21, 2017|

Full Show 3-21-17 by The Financial Exchange

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This is the financial exchange with the very Armstrong and chunks of you're exclusive look at business and financial news affecting your day your city your world. Stay informed and up today about economic and market trends plus get breaking business news every day. And now the financial exchange with the very Armstrong and chunks. Changes to the Republican health care bill are on the way while truck and I don't know exactly what they are. We've looked pretty good idea we've been doing our homework and doing some research on the topic. And we're prepared to share some what we've learned with you all hi everybody it's very and shock. With you here on Tuesday the 21 of march. And shocked. I it would be I wish we had exact numbers but don't Republican Party has given us exactly what it looks like. But we do have an idea that you involves tax credits tax repeal Medicaid requirements Medicaid funding. Let's try to dig through this and explain what we do know core audience. Yeah what what we do know in and we've talking about the need for changes in this bill in order to try to get it through both the house and senate. That there's really four different pieces of four different mechanisms that are. In flux right now one of which is tax credit's okay and what the house is proposing here. Is too pretty much allow the senate to provide it to 75 billion dollars in tax credits I think it's over the next ten years. In order to try to offset premiums for people aged fifty to 64. That are going to be hit. By higher cost as a result of the text of the original bill. Now what's interesting and that was one of the big criticisms of the original bill correct it is the the older constituents of mr. trump said hey. This is really bad in terms of what you providing us with because there. We had instances where somebody's health insurance was going from 150 dollars a month to 1150. Yet exactly what's interesting about this is the reason that they are punting this to the senate is because once it goes to the senate. It isn't this bill is not required any any changes there. Are not required to be scored by the CBO. Congressional Budget Office which means that you're not going to see any impact. From attack from a deficit perspective showing up in their scoring which in theory would allow more conservative lawmakers say hey we're not changing the deficit even though we are so. I look at that I'm kind of like well. What what. He here's my issue with what these changes do let's run through that the rest of them before we get to. Kind of where we stand today the other thing we're talking about. Repeal of the affordable care act's tax credits or tax repeal the extra taxes but okay which I like right because that would go into effect on January 1 of 2017. Which is it that means that. You know we're sitting here in and it's the end of march effectively break. And people would now be at stake she might tax rate especially here hire your factory's gonna go down your federal tax it's gonna go down by 4% yet. You also would see as a result of this eight Cadillac tax coming into effect but not until 20/20 six to nine years out now. And that would be on health care plans or health insurance plans. With. Really significant benefits that the highest quality healthcare health and should be unions. Exactly what have this there. Also included in the changes. Some new requirements for states that want to while putting requirements for people to work in order to qualify for Medicaid so if you are disabled pregnant her elderly. You would in theory if your state that wants to do this be able to put in these requirements to be working. Or in school or job training just in order to qualify for Medicaid. So don't don't let disarm understand this if your lay about let's a year you're not disabled he just. Don't wanna work in your getting on me you're getting Medicaid in this state would have directory. Correct. That's that's pretty much what I like that too is so so far I'd like to edit the trio like the tax repeal and elect the Medicaid requirement what about the Medicaid funding. So what this is I think where you're going to get dust some push back now okay and and and here's why what they're talking about doing with the Medicaid funding. Is the way that it's done today it's on a per capita basis so if you say hey we've got X number of people on our Medicaid rolls. Federal funding goes based on the number of people. What this is talking about doing is transforming it from that to what's known as they block grant system works not based on the number of people veteran ruled. But rather just a flat number. That doesn't change. Where this plays in is let's talk about situations where the economy goes south and expect okay. And if people in the out of work. And end up on Medicaid there. It's a situation where states don't get the extra money coming to help offset that and as a result you might end up having C states actually raise taxes nordic cover. People on Medicaid at a time when what they should be doing is cutting taxes god so. That's our government. Well I wanna talk about that I want to go back to the been number one item which is the tax credit item yup. Because the freedom caucus which is headed up by mark meadows a Republican congressman. He is saying we don't want any tax credits rate and they got forty congressman that are saying we will vote against this this week. Unless you get rid of the tax credits now that tax credit you get rid of the tax credits. People are going to be screaming bloody murder. Yeah you get rid of the tax credits and you have. Some real problems and when he eighteen and 21 okay because everybody over fifty. Would really be mad as hell oh you've you've got people if you have low income people over fifty. Who all of a sudden go from paying near three to 5000 dollars a year for health care coverage. To sixty out to I think the estimates assault between fourteen and 171000. You know you talk about quadrupling. Out of pocket. Costs. Your generation malign needles are not getting any tax credit effectively and I'm just curious as to. With the thought processes. Among mobile and Eagles as a relates to the tax credits and this whole program because. I look at it and I talked to my peers and I talk to my clients and they say. I you know I voted for Donald Trump by. I didn't think my health insurance was gonna go from 300 a month to 18100 a month and they they want those tax credits how to millennial steal this do they think it will they tax credits should be just wiped out altogether could you guys are gonna get any. What it was a generally used to being. Ignored when it comes to. Anything going through congress at this point or generally. Used as a way to fund baby boomers okay so we're kinda used to being used to. Not Guinea pigs but kind of that the way to make everything work and somehow we get blamed for all of the world's problems. But I just don't vote these notes that the congress kind of feels like they can do anything they want T. Currently they they can't we had to look older people vote historically it's it's just how it is older people always tend to vote in higher numbers you go back and look at the boomers during the sixties they can go right either you know it's just until you get to be forty years old you don't really vote and unfortunately. Colonials or younger so. Here's what's interesting and where I'm kind of starting to come around on this bill where you where UCL these changes that they're talking about. What's the goal. What's the goal. Now that his goal is to to get rid of a broken system I think that at least that was the campaign goal and it. Well obamacare was broken it is but let's let's talk about some of these different pieces here on one hand you're talking about trying to figure out government in health care by getting rid. Of some Medicaid funding adding additional requirements if you want to be on dedicating getting reducing taxes. On the other side. You're talking about adding in new tax credits those are kind of opposite ends of the spectrum when you talk about what's going on here so. I see this what when I look at the changes that are being done here. I see changes not that are trying to accomplish any one gold but rather just trying to get a bill through even if it's not what anyone really want. It's boom is this being approached in the wrong fashion maybe in India its should there be basically. No tax credits and if you're poor and you you can't afford 18100 dollars a month for health insurance. Then you're allowed to go to a state run facility. And you can go for free and music art is there something. I I I almost wonder if we're approaching this and if this is being approached in a fundamentally flawed way. You know you've got people who buy health insurance and have jobs write in neat they can go to the big go to vote the top ranked hospitals. And those who don't have health insurance. Well here here's my question at the end of the day is that any different really from what was going on previously. Yup you go back to pre obamacare. Yeah is it any different and obviously look you know you you talk about what the situation looked like pre obamacare. And you have an awful lot of people without health insurance that simply hey I'm I'm going to the hospital they did you pay. Put taxpayer get any he couldn't get any kind of preventative care and help you but you couldn't go. And it's again got high blood pressure can you treat severe duty. And here's where I ended up costing a lot more here's where I'm going with that I guess is if you're going to do that now. How is that any different from obamacare and to date the only difference is. We know the exact funding mechanism but he's still the paper that care somehow it's still coming out of the pockets of people who are higher earners probably. Well you know what I like though is you're taking the insurance companies out of the equation. And it is a class distinctive it's getting unity everybody's gonna claim class warfare ol' U. You don't like poor people and you're making them go to inferior health facilities that would be and that would be the reality that wouldn't they can indeed be saying okay. You have to go to Boston City Hospital you can't go to Mass. General. Right. It and and that. Eat your oh your having a baby. You can't go to Newton Wellesley you have to go to a state run facility to have your child. And people say well that's class worker but the fact of the matter is if you get to go to Newton Wellesley to have your child is because you've worked hard to get an education you bought health insurance. If you go to happen at Boston's city. We have worked hard maybe or you'd just had a string of bad luck in your going to a state run solely yours that you run so. So what if my dad who for much of his career. Did very well for himself but during a two year period back in the ninety's when the economy fell part but if you had a kid during that time. Yeah you're you're you're you're saying Boston's city she is saying because he had a bad two years. I'd. I don't agree with that or it and that's the whole is not a whole debate go right today relative that's that's where we are in and I'm just saying that I don't think. That you and I think that trying to do that you get into micromanaging situations that are not often black and white because again. Anyone who has worked for 253040. Years they've had times where hey maybe you're not making as much as you were. The year before maybe you're not able to find work immediately because the economy's down. Anyone who says that they've never gone through a rough patch all they've been working he's either lying viewer hasn't been working alone. You know look Eckert yet just. I just question as to whether we're approaching this whole topic in the rate fashion. At any rate that is our poll question today should tax credits be made available for health insurance premiums now. The conservative branch of the Republican Party is forty oval they're saying absolutely gotten zero tax credits. And we're weird you on that debate we'd love to hear from you are faux. Website address is financial exchange showed dot com you can vote there it's should tax credits be made available for health insurance premiums. And vote yes or no the libertarians in the hardcore conservatives are saying absolutely. No subsidies for health insurance. Will be right back with more from our insurer matched up constantly. Barry Armstrong and chuck shot at talking about business financing your wallet. Well about how to keep the green and if you can hear from the financial exchange radio network. Your financial strategy has to include a thoughtful insurance plan insurance exists to protect your assets. Our friends at the insurer manager agency can prepare personalized women get to the best coverage of the best price call insure a match at 84499. Match let's before for 99 match many of our listeners don't know home and one or two cars if that describes you you're the perfect candidate for a free consultation to make sure your property and family are safe and properly covered well so they get all the discounts preferred customers like you can qualify for Collins sure match to compare multiple rates in carriers and 844 and 99 match let's 8449. B nine match insure a match works with the leading carriers in the industry Laker bella Plymouth Rock in more. Their license for all types of insurance and continued time stress the money with just one phone call and one relationship. Gold today 844 of 99 match or go online and ensure a match dot com. Hi this is Barry Armstrong and if you're a regular listener to my show you know that I talked a lot about investment strategy and financial planning my goal is to help you maintain and grow your existing assets and part of my philosophy includes informing you of changes within the investment community that you might not be aware of the Fed has raised the federal funds rate twice in the last two years many observers see more increases coming this year investing in a rising interest rate environment can present challenges so call now for my free guide to help you navigate how rising interest rates could affect your portfolio 803934001. That's 803934001. Ask for your free guide about investing in a rising interest rate environment called now 803934001. Or downloaded from our website financial exchange showed dot com. Securities offered to securities America incorporated members in SIPC and advisory services offered to securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities America companies are unaffiliated I everybody Barry Armstrong here for. The financial exchange them joined by Jay who who's a senior vice president and leader bank. And leader bank has an exclusive. Program for those of you who are landlords here Cora collecting rent from one tenant are under one tenants. Zero it might be something that you wanna look into Jake talk to us about you how long has it been around. We've been offerings he ran for almost two years now two years and has that been successful spent extremely successful we've. 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You have a bank account elsewhere will still provide a service for small monthly charge. And if you ever decide to move your bank relationship over will waive the fees that. Pretty pretty simple it's pretty cheap. And it's a great product currently in order absolutely loving it love it all right it's called see rent and do the website for it is www. C rent dot net. Or you can call leader bank at 8776917900. To learn more 8776917900. Collect your rent electronically makes an awful lot of sense to me the phone number again 8776917900. Or visit. Zero rent dot net. Security suffered through securities America aimed at members finreg SIPC an advisory services arbiters securities America advisors think carry ons from representative Armstrong advisory group in the securities America companies are unaffiliated. On top of breaking financial news by becoming a member club carries per game. Log on to financial exchange showed dot com and sign up today. It's. Obamacare was an unmitigated. Disaster and I'm not sure trouble here is headed in a better direction right now 75%. Of the you're saying yes. We should have tax credits available. To people over the age of fifty to buy their health insurance 45% of you saying no and the text line also reflecting similar sentiment. 978 Wright struck no I want the government helped of my health insurance so that means no tax credits. Yeah I mean look if if you're willing to say that you have to be willing to say look if I'm going to be out on my own I'm going to be paying. 161000 dollars a year in premiums if I am over the age. Of fifty you can also say if you want the government completely out your health insurance. Then you probably also don't want businesses to be able to deduct the cost of which means you're less likely to get employer sponsored plans which means they're more likely to pay. All of those cost yourself. You know we if this is C be careful what you wish for. Coat in it it's been a problem for how long forty years health insurance and they in delivering a health care we spend double. The per capita. Per person we spend double what they spend in most most other countries and yet he continues to be a huge problem yet then and look I'll tell you. What we did the problem that I come back to is that were only addressing one side of the coin when it comes to health care cost. There's two different pieces this coverage which is insurance which is what we always try to deal. What we never tried to address. Is the actual cost of care. We don't try to make it more transparent for consumers to shop around for different procedures we don't try to incentivized insurers to be less you know to the to encourage lower cost options we don't try to incentivizing doctors and hospitals to use lower cost options there is no work that is done. To do that and that's if all you're doing is trying to provide coverage for what ever cost out there. It's not surprising to me. That the cost of care continues to go up because you're only addressing the coverage piece and not the cost. Coverage coverage is one half of the equation if you don't deal with the other half. What's the point. I warned you. Months ago if not years ago that car insurance premiums were gonna go higher. I didn't know they're gonna go this much higher we're we're reading reports chart that dude too distracted driving which by the way. The ears an application that's being used and it's estimating it's called true motion. That 20% of the time that people are in their car they are distracted by their holes that means there either talking on the phone. They're texting or emailing their surfing the Internet on the phone. So the consequence. Of distracted driving news. End up. Bare minimum you're gonna see automobile insurance rates might you know we're talking about that in this particular instance we're talking about Massachusetts that really. This is going to occur because this is the universal problem throughout the country. Every state in the country is dealing with the problems associated with distracted driving. Auto fatalities are up seven point 2% automobile accidents you know chuck it up so much the insurance companies can't even measure how much that are up. Noah who was it about. It was like a mother month and a half ago so it took like three billion dollar write down that far on their auto. Auto insurance coverage unit. On the farm truck in the you're you're right what happened was the estimated there are gonna lose like I don't know three billion dollars they lost seven daily news four billion dollars more. Then with the head in to get paid that's exactly what it was they thought they were gonna boost the rebuilding and they all seven billion and and that that gives you an indication though as to how the into one of the problems after his. You like what your your car hole how many years old a may 2015. I bought in fourteen suits three years old now. Very expensive to repair your car racing you could have a fender Bender yup and you know in the old days might have been 15100 bucks to repair. Now that same fender Bender can cost a whole lot more as a matter of fact you see cars being written off altogether at a much higher rate than they were ten years ago. Oh yeah I have a so I I love the Condo and the the guy who was living in the unit above me they didn't have off street parking. And one day it's minor thing got put just kind of on the side you know on the bumper nothing big just like a couple scratches and in that little dead you know nothing big. It was 2000 dollars didn't want to report it to his insurance obviously just because deal it was a tiny being called to 2000 dollars. To replace the bumper. Is that it is the issue that you run into with plastic bumpers is because there are not made out of metal he gets banged out dense and stuff like that you have to replace the whole thing repaint it. It's it's incredibly expensive to do now it's not for 500 dollars thing like where I'd you know get to my dad's Prius when I was driving it. Briefly you wanted to know Heidi get the the bump out or the debt that the plastic bumper and no secret what do you do you boil water poured boiling water over really. And I did today I learned that you know or learn that was YouTube to melt. And yet poorly because water not milk penalties deal with it and it really UP boil cattle it will kill it and I'm talking about like if you. You Pushkin party your bumper yeah answer. Run run your capital in and take it out and you pour that over and it becomes very pliable and it pops up by itself I didn't know that. You learn something new every day that's a society. Going back to automobile insurance I don't wanna tell you they don't tell people what they should expect. If you've had accidents. Or GW wise were speeding tickets. You're going to be looking at premium increases in the neighborhood of twenty to 40%. If you're a really safe driver like I haven't had speeding ticket or an accident many years yup my premiums are probably an able six to 10%. In that you might cities that stuff white wire my premiums going up by I don't text and drive. I'm not distracted driver right I haven't had a DW I haven't had an accident have an uptick why Mercury news. They're going up because the roads are more dangerous because 20% of the miles being driven by everybody not you know you don't Texan drive. 20% of the miles being driven are being driven by people who are distracted and we've always wondered about that Rachel we've we've speculated. If you vote speculate you see accidents on the street world. And it must be due to distracted driving well now we know the application you'll find it on check it out it's true motion is the name of the application downloaded on your own. It'll tell 20% of the time people are hurt. Victims of distracted driving hey coming up we will have trivia for you along with a conversation about sprouts and hopefully that's next for Mark Sherman. Dot com or phone even smarter. Dell logo mobile labs like surging financial exchange joke in nineteen Jordan who who played story. The financial exchange radio network. This is a special announcement for a landlords chasing down only rent payments and making trips to the bank to deposit checks take a hassle out of rent -- -- zero and leader banks all mine rent collection tool he went automatically deducts tenant's rent and deposited into your account visit www. C Rand dot net to learn more we see rent your payments for each unit received regularly on the same day every month tenants pay nothing in the first six months or free throw landlords visit WWW dug see rent dot meant to learn more or call 7816 or 18691. Hi this is Barry Armstrong and if you're a regular listener to my show you know that I talked a lot about investment strategy and financial planning my goal is to help you maintain and grow your existing assets and part of my philosophy includes informing you of changes within the investment community that you might not be aware that the Fed has raised the federal funds rate twice in the last two years many observers see more increases coming this year investing in a rising interest rate environment can present challenges so call now for my free guide to help you navigate how rising interest rates could affect your portfolio 803934001. That's 803934001. At. Ask for your free guide about investing in a rising interest rate environment called now 803934001. Or downloaded from our website financial exchange showed dot com. Securities offered to securities America incorporated member can SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities America companies are unaffiliated. 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Then click on the mend and catch up on every segment. You'll also find podcasts of all of our full show us just a bunch of them listen button had financial exchange show does come. Tribune is brought do you like Cushing and old leader bank and insurer are three great partners will be joining me and shot. And seasons 52 in Chestnut Hill. On Thursday march 30 or. And educational seminar and remote broadcast will be talking about estate planning tax efficient investing in did the insurance industry. Space is limited so reserve your spot today by calling 80393. Forward zeros or ones that 800. 3934001. Actor William Shatner turned 86 years old this week. We're doing trivia questions about all things related to star track which start Shatner as captain Kirk. What was the name of the starship. The captain by captain James Kirk in the Star Trek film and television franchise. Are tech's number is 68680. The first listener with the correct answer. We end. Two patents. A teacher and to travel coffee mugs. What was the name of the starship captain by captain James Kirk in Star Trek film and television series again. The text number here the studio is 68680. Chuck I saw this story. On CNBC about Albertson's in the air apparently in early discussions. For a merger with sprouts now. I don't I've have you ever been in the sprouts or I'm having to deal they have them up in the northeast. I think hero in the southwest my mom goes to sprouts in its I is near as I can tell them that speaking out of turn here but. In years I can tell it's very similar to whole foods. Coca OK yeah and in this is a company that is as you mention they're based actually out of Arizona. So down in the southwest. Pulling up they were founded pretty recently actually back you not 2002 some sprouts is only. About fifteen years old as of this July they've got 240 stores. At the moment they're not up here in the northeast the closest they come it looks like. It is kinda Georgia and Tennessee that's about as far. Is they get on the East Coast but this merger here. Would be Albertson's trying to get into. A little bit more of an upscale market I think. You know it's a relatively. A small company in the broad scheme of things you know you talked about how big sprouts is that in the grocery market to three billion dollar company whole foods is three times the size by market cap Kroger is about nine times the size by a market cap. But it will be interesting moment I think there's a case to be made that a company like this in that premium market and could survive a little bit better. After being taken private and in the public. Market will and that's what I I wondered about because like Stop & Shop that's not a public company that no private company yup. And I look at whole foods in the trouble they've gone through it means that used to be I think it was a ninety dollars stock at one time and now it's pretty. Barely 29 dollar stock in their same store sales are shrinking immunity just. Whole foods I I'm looking at whole foods and wondering to myself OK if sprouts as the takeover candidate. Is perhaps whole foods they also the takeover candidate to go private to your point or to be taken over by. I I don't know made. Meet maybe well this would be for far flown but. Maybe Wal-Mart buys dual boot. But it just makes it it seems like that business. Is tough to be small in scandal. Even if you look at some of the successful large grocers the biggest grocer in the country's public's okay. Public is a privately held company Stop & Shop as you mentioned there a subsidiary of aid company it's not traded in the US but they're not traded on US exchanges they don't have I think the same. Sentiment towards. Investing. You know and so I think. I think there's a case to be made that you know for the grocery business is that it's a tough business it's lower margin that a lot of spoilage it's a tough business to run the logistics are incredibly difficult. The labor is there's a case to be made it appear grocer you might be better off staying private as opposed to going publicly that's. That's something that I. And I've kind of come around to just because you know you take a look at the companies that are successful in that market. And I'd I just wonder you know hole which was on this whole gross Qichen in. I think they got. Too caught up in that the fact that they they thought there'd be no competition for and you see what's happening now and it's always competition and groceries might take a little while. But it's such a tough business. Well you look at BJ's and he couldn't define him as being grocery store but a lot of people do their growth for shopping LBJ's myself included yep they went private. And you think about a company like PetSmart is grocery store for dogs and in pets right they went right look at Trader Joe's their private. And yet Trader Joe's a private privately held company. So big maybe that's what ends up happening to us of these companies and I just I think that might just be the better platform for the eight quick announcement on behalf of pushing and dole and during the month of march they're making available guide called the differences between revolt global and you're vocal trusts that give you tip. If you have long term care insurance and you get away with a ripple global trust are living trust he you don't have long term care insurance and you're over the age sixty. A what you take a look at and durable global trust because it'll protect your spouse in the event that you forgot sick and went into an arsenal. At any rate if you'd like to get a copy. Of the 2017. 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Exactly the Greek yogurt companies that have had this rise I wonder how much they've beaten into. No pun intended General Mills business. Howland today because that is so popular these ads everywhere. Well he's in millenniums well this I got introduced to probably. Five years ago yup. Expensive. Yeah anyone top of that stuff it's it's literally twice the price more than is it that much. A I. I I looked at my wife would just buy it should throw in the cart. And I looked at this it will what's the regular low fat plain yogurt and it was less than half. I took a tour by Leo put the regular. At the tape if it's good what's like I I'm not a younger guys are really eat it myself what's the what's the difference in Prague. In Greensboro now did the big difference to boundaries based. Is what I'm told the big difference the argument might wait there's more protein so we'll have a date you know they gave it. It's it's it's this race neutral body is a lot more and it's neat it's just made an upstate New York recovered discomfort. Yeah that he had given that Dick Stockton every employee right. Yeah very generous. Owner in you know EP. Terry turn around town in upstate New York city's hero in upstate New York. How much it how much they hinted to General Mills here do you think is people abandoning big brands as well as newsletter now you think ER. There's been a lot of chatter about a mean you see with with millennial consumers they don't like to buy big brands now apparently they make accompany big by buying something else then but. They tend to stay away from some of these bigger brands and I'll tell you. I don't seem anyone else I know. What we saw here wasn't so much breakfast related but I don't see a lot of millennial eating cereal for breakfast. I term on the last ten minutes serial ruined yeah I I do not see a lot of millennial eating cereal maybe high school I don't know. And Obama and his open new count as serial no. Now on they'll mail now but we like considers separate category do see some oatmeal I see you know some mob bananas I see existing things like that. Old and fat the doctor tells eagle. Get your cholesterol down. Absorbs a rating right. I was supposed to it is stocks already up at like that I can code for your heart out that's the first thing here doctor tight that he eagle meal for breakfast and up in noted that Mikey down ten point point. But you know sometimes it works sometimes it does facility he did he kill me on this still go to McDonald's. That's probably true that the fact that's probably true. Apple launching a new iPad. Like who cares they get it I've nobody uses iPad or didn't know it tablets eight anybody's in the OK she's my phone. Yeah and in and I kind of wanna you know some of the other big. Big things at putting quotations that they're trying to roll out a red iPhone seven and an iPhone seven pos and I just. Look I say this is someone who I do Lleyton what apple has done in their niches I just don't like. That they're trying to make big deal that stuff like this I just don't know if it's enough I mean I feel. I do feel a lack of innovation there and I wonder if it's starting to get systemic you know because a lot of. Picks I think their next big thing Tucker did you get that apple gas forming from Bloomberg and I yet. Chuck chuck there's A historian Bloomberg we're trying to book the guest. About. Apple and artifice not artificial intelligence augmented reality. And you know I've been critical of apple because they said they need to get ahead of this and I saw the Samsung product and I loved it. Apple apparently chuck has something goal with augmented reality that is lights out and kills everybody feels. Woolsey I mean I'm I'm always a little bit skeptical of things like that just because you know what when we talk about augmented reality and VR. I've seen this it in look I've I've been on the side where I've been in favor of a lot of these new technologies but I've seen this store before with 3-D TV. And it never got there. I saw this story. You know five years ago with wearable technology it never got there I've seen this story with BR with the ocular thrift three years ago. It's still out there it's it's getting there but it's actually not there. Well you know as well as I do when apple dives into it and they're one of the few companies have the resources to really do it right. Well depending that the users is that about how many users need to expose what you yeah it depends what they're doing again I. I typically give apple the benefit of the doubt that by how much money they waste on the car project before they killed. It's just right I am. I'm not quite off the apple bandwagon. But. I'm detonate what the biggest thing with this new iPad there it's not it's like a brand new technology or anything but the price point it's only 329 dollars where we've seen Chad's. Be on the low end of 600 dollars I think that's that's a big part of the news it is cheap. You know it just don't I don't use tablets anymore always mine every night when you do pressure ties Monaghan looks. He would use it you're surfing why you're watching TV you don't do exactly yes and something like data display catching up on the lives of mail you watch crappy oil watcher. There he is it that. As it is vital that it is the just thirty years younger and that she'll use my when I'm watching crapshoot as a normal country if you let them talk to you what's the bachelor to know god Boca at our. Upper decks and have the answer to our trivia question and then we've got an exciting segment for you we're gonna be joined by Harry boxer. We're going to be talking about. Three Biotech stocks that he thinks have momentum grab a pen and paper. Biotech stock talk and trivia is up next from our insurer match dot com studios. On the cutting edge gym business and financial. It's a financial exchange with Barry Armstrong in chunks on almost financial exchange radio network. Hi this is very Armstrong 47%. Of Americans suffer from bleeding gums and gum disease and in that group but I discovered a new product that has really made a difference in my life it's Libya on accidental jail I brushed twice a day with Libby on ex Libby onyx tastes great and it helped stop my gums from bleeding within one week in fact UC Irvine study showed that Libby onyx reduced plaque more than two and a half times better than a leading brand and gum health was twice as good that's why it's recommended by dentists do what I did and take. Took care of your teeth by brushing every day with live the onyx order rate now and use my name Barry in the promotional code and you'll get 10% off your first purchase live beyond actual deliver the results you need and we'll protect your teeth better than traditional toothpaste order today at best dental jailed dot com and don't forget to use my name Barry to receive your 10% discount that's best dental jell -- dot com. A state. An asset protection planning can be overwhelming where do you start and how do you know what type of trust is great for you hi this is -- are strong and I'd like to talk to you about the law firm of Cushing handle and they'd been creating a state plans for folks in New England for more than thirty years and they can help you too with all the different types of trusts available I can understand the confusion when it comes to a state planning do you need to -- global trust do you need an irrevocable trust and what's the difference you needs an expert advice and -- and dollars put together a free -- that will help you decide the best plan for you and your family you can receive this free guide the differences between revoke global and irrevocable trust by calling 8668485699. They can even show you how it's possible to eliminate your state taxes while at the same time protecting your assets from creditors and long term care expenses caller right now and get this free -- 8668485699. That's 86684856990. Or download it right now from their website legal exchange show dot com. Very our chart here and I'm joined by estate planning attorney Todd what's with the law firm of Cushing and Dolan were talking about the differences between rebel rebel and durable Coble trust. Todd if you've already established a revolt global Lori living trust can you simply go back to the attorney that drafted it and mend it. In an effort to have it become a durable global or Medicaid trust. Yet the answer is the yes you can go back and get an irrevocable trust but no you cannot go back and calm and the old trust. So I think that Barry or require him. It requires the crafting of a new document absolutely in fact. I'm gonna tell you right now if you do go back two year old lawyer to get it changed and here she says Aaliyah. Weekends we can you know. A man this existing trust that you have walked out that because it's a recipe. For disaster these irrevocable trusts are not simply going to take the word revoke evil and make it irrevocable and somehow that fixes it it's the language that needs to be in the document soup to nuts. The guts of the trust that really provides the protection you're looking for. From the cost of long term care and and I might add that just because you've done a revoke of trust in the past. That's not a black thing that you might have been a fifteen years ago. It might be time to say you know what I'm older tax laws have changed their sale has changed circumstances changed. Maybe I should go back just to check in say maybe it's time to switch to the irrevocable trust. Better satisfied my current needs if you don't have long term care insurance it might be a really good time to learn about the differences between revoke global trusts and irrevocable trusts. The phone number to call is 8668485699. Call Cushing and Dolan. And request this brand new guide that describes all the differences between revoke global verses curable global trust the poll number. 86684856998668485699. He stayed on the markets all day long. Our brand new web site financial exchange showed dot com click the on demand includes I didn't follow the markets from pillar to post Olympic financial exchange Joseph Johns John. Captain James Kirk. Commanded the USS enterprise C starship traveling through space during the 23. Century. The winner on this question is Tom from Lexington you take someone of our financial exchange prize packs featuring two travel mugs to pens. And the financial exchange teacher and trivia today is brought to you by the Armstrong advisory groups broadcast on March 30 at seasons 52 in Chestnut Hill. The place for what's good now. Join us for a live broadcast of the financial exchange. Followed by an educational launched with the Armstrong advisory. You'll learn about estate planning and tax efficient investing. As well as providing an overview of the markets in their performance thus far this year. To reserve your spot please call 800. 3934001. Kerry boxer from the tech trader and market lodge joins us now and Harry thank you for joining us. It could appear. Her let's talk a little bit about a couple of these stocks here bluebird bio is the first one that you mentioned in your article can you talk a little bit about this sock company in white highlighted. Well triple a technical analyst that follow a pattern in an internal electrical things of that nature of the following a long time. Very minute that we. The big winner with that in 2014 and it went from under you know eight points and Rachel whip their Canadian as a big winner for a but after came down based out for awhile and Lautenberg got to deal we went back and obviously trade in the fifties mid fifties and the part with 75 we actually hit eighty. And then we you know got people out and took about but an estimate because Celek for a broke out again. Put another going on in the mid sixty or 7585. And 95. We you know hundred. They've got. And then backed off against at that point it pull back to support a look mystical support. And and it actually right now his interpreter break this trend a lot of by a picture quite. All that that level of market. Extremely well put they put a day where I think the market could have a very day where. I support them both and an addict and that the degree of indices. Support level and because you're by epic all over I find that treatment groups that I followed by text in the market and financial split payable let the market up. Technically the market it's what we get a pullback. They use action would be kept up and up to you'll implies that people back pregnant or concession lows is very. Very bad indicator for the market depends of course we're close as we kind of dramatic. The market in the outlook here but it could be the topic mode and yes some people April supports them quite concerned. Perry looking at some of the Al volatility that we've seen in the last year and buyer tax have you seen additional movement just because of all the talk about regulation there is that something that's not really playing into this market. No it actually is certainly could ever ever since the FDA in the cup administration indicated the they have loosening of posture from getting to look at a market quicker. It's really benefited if you take a look at Bloomberg for example I was in November after the election. With 38 under. That pretty damn Smart move in the bluebird alone in the book we have a very very committee earlier he has he or whatever pick. Fifteen to 48. About five weeks. And very very volatile stock but a lot of stocks have done that they've recovered dramatically with that work. Buyer but if you look at where they were a year year ago these were much higher period for example over a hundred dropped on the path in respect opened at forty. Her let's move on to talk a little bit about Clovis oncology what's your read on them right now. A look the company it's in the Great Britain we had been very successful doing trade from the August. Around the 1718 made up forty and then again back there broke out book forty range. To seventy. It took me 494. Actually pull back in the last couple late but very very treadmill supported broke yet neither arbitrary lines. A pretty key stop though in the in the 56. It's eleven points here but it and it should break down there we took the dramatic drop. And that rate target however or 8595. And under fifteen going forward and arguments that the market maintain its stability in the that's not fall apart I think if I continued to quote political leaders. Also slowed talk about a possible panic over there in that group. Padilla. Clark he helped stocks in the oh with quote. Very good hair thank you very much for joining us we certainly appreciate the time today all right. My pleasure or Kerry boxer from the tech trader as well as MarketWatch if you do want to do. Little bit of research on this companies on your own bluebird bio has that ticker. BL UEU Clovis oncology the ticker CL BS the caveat and hear him mention it right off the bat. If you are going to try to buy one of these being prepared for a lot of volatility this is not like owning the utility stock it's not like going at Telecom. These are volatile stock some of the most volatile out there that volatility can go both ways. In the market talk about negative volatility we started up we're up forty points now the Dow's down 84 points the S and he's down eleven even wells down. Oil is trading down twelve cents per barrel than nasdaq's off. 33 points at 5867. Thanks for tuning in to this hour of the financial state won't be right back with more from our insurer match dot cubs did. Hi this is very Armstrong did you know that the federal funds rate set by the Federal Reserve influences all other common interest rates the federal funds rate is the rate that banks use to charge one another to borrow money and while it's one of the lowest rates in existence it is rising observers expect additional rate increases in 2017 the Armstrong advisory group has written a free guide to inform you of the challenges that exists while investing in a rising interest rate environment if you have questions about how these rising interest rates might affect your financial strategy call 803934001. To get this free guide or download it at our website financial exchange showed dot com if you have over 400000 dollars in investor alas that's you can set up an appointment for a free consultation with one of our advisors who can help you navigate this new rising interest rate environment that's 80393400180393400. Once. Three suffered securities America incorporated member finreg SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities America companies are. 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Called strange and we're talking about interest rates we are of the opinion that interest rates are going to rise two or three times during calendar year 27 team the big question is chuck why is the Federal Reserve increasing the federal funds rate now. The other big reason why the Fed bumps up that federal funds rate. Is because they feel that the economy is on pretty stable footing and they simply want to make sure that inflation. Doesn't get out of control if there's too much money floating around in the economy so what they do is they raise that federal funds rate and it has two effects one it makes borrowing a little bit more expensive. It also raises the amount that people were able to get on things like CDs and savings accounts helping them to keep money in the bank instead of spending so. Would we talked about how housing. Is hot in prices are rising in young people millennial they're getting priced out of the housing market people can't afford to buy a house house because prices are rising too fast with the Fed take that into consideration when they're looking at raising interest rates they would housing does factory and all there inflation metrics that they look at. And so is definitely something that factors in. And what you see there is that as rates and the rising mortgage rates go up to makes a little bit more challenging to buy a home focus of the rising mortgage rates would actually depressed housing prices have to know. They folks if you go to get a guide called how to invest in a rising interest rate environment call my office at 800. 3934001. That's 803934001. We are of the opinion. That interest rates are going derives two or three times during calendar year 2017. If you'd like to receive a copy of our guide called coal free 803934001. Securities offered to securities America incorporated member finreg SIPC and advisory services are for the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. Some folks are willing to accept the glass is half full but when it comes to skiing and riding. Well enjoy free Springsteen U Waterville Valley resort we become a new pass holder and get your 2017. An eighteenth season pass tonight with great events in spectacular conditions you won't want to miss out this spring. I've got a full glass of having it all right here and I'm drinking. Forever in Waterville Valley visit Waterville dot com Waterville Valley resort is a proud partner of BMW. -- -- an asset protection planning can -- overwhelming where do you start and how do you know what type of trust is right for -- hi this is -- are strong and I'd like to talk to you about the law -- of -- handle and they'd been creating -- state plans for folks in New England for more than thirty years and they can help -- -- with all the different types of -- available I can understand the confusion when it comes to a state -- do you need to -- global trust you need an irrevocable trust and what's the difference you need -- expert advice and -- -- dollars put together -- free -- it will help you decide the best plan for you and your family you can receive this free guide the differences between -- -- and irrevocable trust by calling 8668485699. They can even show you how it's possible to eliminate your state taxes while at the same time protecting your assets from creditors and long term care expenses -- right now and get this free -- 8668485699. That's 86684856990. Or download it right now from their website legal exchange -- dot com. Whether you're celebrating a milestone or diversifying your portfolio precious metals are Smart meaningful investment one ounce and 110 ounce silver and gold bullion coins are now available at all leader bank locations bank locally and buy your gold locally we just make sense give leader banker Coleman learn more call 8776917900. Or visit leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency on guaranteed by the bank and may go down in value leader bank. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- This is the financial exchange with Barry Armstrong and chunks of you're exclusive look at business and financial news affecting your day your city your own. Stay informed and up to date about economic and market trends plus get breaking business news every day. And now the financial exchange with the Barry Armstrong and chuck Exxon. Stocks have been rallying since the trump election in November. But they're selling off today stocks are down more than half percent as a matter of fact they're down about there are approaching down 1%. NASDAQ off forty points the Dow's down. A 135. Point it's only than usual because we started off in positive territory hi everybody it's very and truck with you here. On what's turning out shock. To be kind of a tumultuous Tuesday I don't think anybody really expected this C I certainly didn't when I was looking as the futures at 5:30 in the morning aero. Yes kind of sour Tuesday at this point you've got you know looking on a sector by sector basis. But this is a full shift in the risk off mode that's what you're seeing here. Two sectors in positive territory utilities and consumer staples that's it that's all that's up right now. Your biggest losers on base so far materials industrials. Financials so this is a move towards risk off you've got the ten year treasury. As you would expect in a situation like this yield down from 2.5 percent to 2.4 five so you are seeing a little bit of a shift here. For whatever reason I can't quite put my finger on. Why it's happening I mean being you know obviously there's some uncertainty about Health Care Reform that might be going on here but. I didn't get got to be around W I I think there I think what investors are doing track as they're saying. She's big game get healthcare done did not gonna get tax reform act on it because the two were tied together yeah I think that's probably what it is some looking at any of the other data that we've gotten in so it is saving big that's come out today you know there's there's nothing else that will be pushing it down so. I think it's just some uncertainty on the political side take what are they gonna be able to get done here and what does that mean in terms some of the other things we expected. Coming later in point seventeen. Because I think the tax reform is big into stock prices agree look at the you know the Dow trading at 21000. I I look at that check and say what they are counting on at the very minimum a 20% corporate factory I agree. And you don't get that you could be set up here for a major stock correction and I know you thought that would not be in usual we hear you wouldn't be surprised if we saw. A 10% pullback and and 10% is really. Not that much but it's a lot in point you know you think about a 10% correction this happened pretty regularly but that would take us down to some 191000 on the Dow. Yep at. What percentage and look you know you talk about where this market's gone over the last. Thought what four months now since the RB election you know this was a market that prior to the election you look at where the Dow was. How was well below 191000. You know the Dow at that point you go back to him pulling up right now November 4 OK that was at 7888. I don't think you are trench all the way back there. No Kendall yeah I don't think you necessarily do that just as I still think even without some of the change on the tax side. Agencies can still just regulations independent of congress so I still think that you get some things done there. But what this is a market Vick as he said there could be no 10% correction looming out there and I've said all along that pay the biggest uncertainty. From day one you can go back and play the tape the day after the election the biggest uncertainty hey you've got everything you want you've got all of all of controlled congress you've got control of the executive branch can you execute that is the question that's the one that I think the markets asking right now can congress and the president excuse. We will see what the market is up but shares of target are down. I'm looking at target shares that 52 week chart on target is ugly in the five year term on target is ugly but it their retail is very. It all retailers seemed to be suffering from the Amazon effect symbol for target is TGT. India re doing their stores in an effort to try to get customers to come back in and shop and traditional fashion can they be successful. Thumb. I don't wanna say no but I'd say it's tougher than it was 1015 years ago you're not going back area. Probably not its place. No it's it's it's unlikely the only sit there is they're really your wife wouldn't go to target has yet option not a target canceled home goods but not target. What are the marshals. Marshals goes to every now and then but she is she's been home on defense. The target not so much and we've got one right down the street from a second term for the last time either a step foot it's probably two years now. Is it is that target story simply. And Amazon effect or is there more to it. I think it's a combination of some different. Pieces there's certainly a part that Amazon. Any bit political you know there they had the tip last year I think part of it's probably political I think there's part of it that was related to the data breach from a few years ago there's definitely a new customers that were spooked by that. I think they've had. A number of things in the last few years that kind of have worked against them on in some cases and unfortunately. You know. I don't think toward its never gonna go out of well I'm not gonna say that is no one ever thought Sears would be where they are today but and in a target might survive but it might be a much smaller much different company than it is today. So I'll change their shopping after they knew he would do you do to it to. To get consumers back in it target store. I think they need smaller stores better locations the days of needing to go into a target superstore where they have everything are dawn. They need to men's. What does that mean we see that when I go shopping with my wife which you will one day do. And then you're done right so you need a place for the minute ago while the women take the rest of the hour of shop positioning data bar. Well that that would work until the TV section with Wi-Fi. Right you need a bar a bar would be great for. You know you sit down for a few and all of a sudden it's OK that TV. That that actually 250 bucks why not it doesn't have to be a big bar very. This. Yeah I mean look I think it. You know we we kind of joke about it but something like that actually isn't the worst idea I've ever heard. You know it's like it's the kind of thing that actually it's more rate in the story that we don't write guilty you know I think. Stuff like that you you need to have different little things to get people. Wanting to go out instead of just sitting on their couch and buying whatever you sell anyway it's. I don't think target can do it on the products like having. The products they offer largely bic what is even if it's not quite the same brand name then but I do think they can do it from experience perspective. You look at who's been able to do that let's talk about Jordan's Furniture always come back to them what he has done with their stores you've got there aren't they. Tucker do you know there are no IMAX is do they serve alcohol I doubt they do. Doubted. They know actually one of the money that they put you look at what they've done. In the one in not dandruff but somewhere people like to go they've got to plod rockers in one they've got Achilles roast beef and another. You know those the kinds of things that get people and it's hey we're gonna make a day out of. Would now your scene these things called to hit the activities centers that they didn't have these when I was raised in the family. But malls and it's a Mexican company. And bear what they're doing is they're taking these empty mall you know how we're talking about JC Penney closings years closing in yeah sees those eight everybody's clothes store right. So with this company does. Is they come and they take over or a portion of the mole in real high ceilings and the turning into a cutie activity setter where you take your kid. Could be for your soul could be twelve years old and you drop them off and drop your kid off for four hours at these kitty activity centers that supervise look for cost. Like thirty bucks. Cheaper than a baby sitter. Yeah I mean I guess I I don't have kids so I can't speak to it sounds weird to me but. Maybe down the road now all understand better very popular. Maybe they're doing it and other parts of the world and you're gonna see them coming to the United States will start off on the left coast. But they usually do very date did try it out out there in the middle come east. But the this is the this is what mall operators like general properties in in different reefs are doing they're saying hey we've gotten emergency our house is on fire right we have to figure out how to stop. The bleeding. And this I think if you want the young families are big consumers need yet to be my age. You know I'm not gonna buy any more suits for awhile in I drive my car. You know 250000. Miles on it so. You know we when you're in your late fifties you know the consumer you guys are big consumers by weddings Dubai vacations by closed. We do you have kids EP UBU eat your whole paycheck will be going encourage your kids. You're you're trying to encourage me to have kids right yes I guess would be very very good. This is the this seems to be. You know it's called did Xenia if you want to take a look at the business model Ford. It's. Icy ball and I don't have kids it's it's too much for me to think about right now he can't do it. It's as I get when I think about that the last place I ever wanna spend my time it's animal. If it changes your life changes when I don't I'm we have Amazon I think we can kind of get around this. Well leave you baby UB one of those families of those hiking. But I'd rather I'd rather do that and spend time at Catania. You talk to anybody who's got young kids in the thought of dropping off their kids for four hours on Saturday is pretty appealing to grant programme are for the up next we're talking about the sweet sixteen how many people. Play in the turn and you know it enough talking about. Fill out a card and gamble on on the on the big basketball tournament. We've got some stats might surprise used to just how do you people even make it to the sweet sixteen. That and more coming up from our insurer match dot com studios. Business news is constantly break. And we're here to break it down and show what it means to your portfolio is the financial exchange with Barry Armstrong and chuck it's not a on the financial exchange radio network. Hi this is Barry Armstrong and if you're a regular listener to my show you know that I talked a lot about investment strategy and financial planning my goal is to help you maintain and grow your existing assets and part of my philosophy includes informing you of changes within the investment community that you might not be aware that the Fed has raised the federal funds rate twice in the last two years many of your receive more increases coming this year investing in a rising interest rate environment can present challenges so call now for my free guide to help you navigate how rising interest rates could affect your portfolio 803934001. That's 80393. For a 001. Ask for your free guide about investing in a rising interest rate environment called now 803934001. Or downloaded from our website financial exchange showed dot com. Securities offered to securities America incorporated members and SIPC advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities America companies are unaffiliated. Hi this is very Armstrong 47%. Of Americans suffer from bleeding gums and gum disease and in that group but I discovered a new product that has really made a difference in my life it's Libya on accidental -- -- I brushed twice a day with -- -- -- -- -- -- tastes great and it helped stop my gums from bleeding within one week in fact UC -- study showed that Libby on -- reduced -- more than two and a half times better than a leading brand and -- health was twice as good that's why it's recommended by dentists do what I did and take better care of your teeth by brushing every day with -- -- order rate now and use -- buried in the promotional code and you get 10% off your first purchase live beyond -- deliver the results you need and we'll protect your -- better than traditional -- order today at best dental jailed dot com and don't forget to use my name -- to receive your 10% discount that's desk dental -- dot com a state. An asset protection planning can be overwhelming where do you start and how do you know what type of trust is great for you hi this is very are strong and I'd like to talk to you about the law -- of Cushing handle and they'd been creating a state plans for folks in New England for more than thirty years and they can help you -- with all the different types of -- available I can understand the confusion when it comes to a state planning do you need a -- global trust do you need an irrevocable trust and what's the difference you -- an expert advice and -- and all has put together a free guide that will help you decide the best plan for you and your family you can receive this free guide the differences between revoke global and irrevocable trusts by calling 8668485699. They can even show you how it's possible to eliminate your state taxes while at the same time protecting your assets from creditors and long term care expenses caller right now and get this free -- 8668485699. That's 86684856990. Or download it right now from their website legal exchange -- dot com. Your financial strategy has to include a thoughtful insurance plan insurance exists to protect your assets. Our friends at the insurer match agency can prepare personalized plan that gets you the best coverage at the best price call insure a match at 84499. Match let's 844 and 99 match many of our listeners don't know home then one or two cars that that describes you you're the perfect candidate for free consultation to make sure your property and family are safe and properly covered walls of the get all the discounts preferred customers like you can qualify for call insure a match to compare multiple rates in carriers and 844 and 99 match let's 8449. B nine match insure a match works with the leading carriers in the industry like your bella Plymouth Rock in more. Their license for all types of insurance can continue time stress the money we've just one phone call and one relationship. Called today 844 and 99 match or go online and ensure a match dot com. Helping you understand how to best manage your portfolio. Feeds the financial exchange we've Barry Armstrong and chuck signed up on the financial exchange radio network. This segment of the financial exchange has brought to advise you. If you land. Or take advantage. It's a fully automatic on line rent collection tool. That is free for landlords with an account at any participating bank and always free for tenants. Sign up and have rent checks deposited directly into your account. Call 8776917900. Or visit this he rent dot net. So this whole basketball. Thing I'd I did have no idea that. Basketball was so popular that it was a big business and this this is huge. The other bracket yet the whole sweet sixteen think the there's the story came across in the Hartford current friend of mine damn hard. Wrote it he said. Brackets with this whole sweet sixteen just one in one million Eddy SP and so I guess ESPN has program where you can go. And play a bracket you'd like gambling orient when you go to the SPN's take Torre. You don't you don't put any money up there is a up prize they can be one on the back and some believe it or not if you are an NCAA athlete you can't play in these competitions. And all the so he could be a soccer playing you couldn't play in the media sweet sixteen win when I was playing football I was not allowed to compete any of these brackets OK so. They have these brackets it ESPN they have what eighteen million people play almost nineteen yeah and out of those eighteen point eight million people. Eighteen of them. Eighteen people not 181000018. Out of eighteen point eight million. Have a perfect sweet sixteen left at this point. Knees and obviously there's still four rounds to go. That that it isn't that something they gave it just shows you how hard it is. To pay your talk about one person had one million. Is getting it right yeah I know what no one's gonna have a perfect bracket Warren Buffett for a number of years. Put up a billion dollars of someone's got a perfect bracket and no one did. A billion or million he put up a billion dollars no kidding yeah. He obviously covered with his own insurance companies have used him against an ice premiums in there. Odds of that is like one in a quadrillion or spinning and I mean notre quadrillion the odds of a perfect brackets. Let's take a look. I've got to Doug operate here the odds of filling out a perfect bracket. Are who. They're not good. There so. This is this actually kind of amazing even for. The first round of the figured this is amazing 22015 the first round. 273. Out of eleven point six million were correct after just one round. The audacity just like getting to the 32. Yet the odds of actually getting a perfect bracket. Or one in nine point two Quinn Tilly. So you're saying there's a chance. Of now they can they queen Tilly and just to put it in perspective. Is. It looks like if I'm doing the math right on the number of zeros it appears to be a billion billions. It's either a billion billion or million millions of not if it's a lot of zeroes okay there's a lot of zeros on this number you're not gonna do them. So who are the teams that are still alive they have the best chance of making. I'd say probably Tucker you can correct me I'd probably go UNC didn't actually killing you hear objective fact UNC still hurts a little bit especially since they almost lost Arkansas and then Arkansas. Kind of threw the game. UNC Inzaghi Arizona. Organism decent chance that things only got organ team it's a UNC can zag in Arizona are probably the three teams that I Kansas there I'd never trust cancer. Never trust Kansas team in the tournament. This next segment truck is going to explain to us how we can free up iPhone space with a few tricks in this is actually bigger problem. Then you might think is this happens to my daughter. And it happens to my wife where they wanna go take a picture. And their phones are full and there are things are little things you can do to your iPhone to tweak them. To create more space but he knew what would you do that no one is deleting all pure text messages right. Get text messages take up a yacht ton of space actually I'm gonna go on to my phones were doing this and see exactly how much. I'm chewing up here text messages chew up a whole line of space on your phone so the first thing you can do is clean that up because they let you do that the coupon. Sample my phone Pete would need to go to settings. And so there's a couple different ways that you can do it depending on the the type of mess is pretty much what you do is who go to your settings and then messages. And then you can choose to delete messages that are a year or thirty days old so you know keeps up for too long ago now okay. I've heard that on the idea Pate. Among my mess. Well those are messages guesses so it's it's not investors you have to do when you're settings I am into semi and it's as I message at the top show contacts photos of a problem for the U wanna go to key messages. Key messages. OK got it yet and then you wanna set it to delete messages that or are either a year or thirty days old. Thirty days. I don't do that in I have eaten half gigabytes of messages whoa big shock or other things that to a lot of space so let's hit. Hope no one you remember some of the people are like meat that are listening right so small that held them fully. So I I'm the worst tech support person ever message history. In its as key messages in my announces thirty days that I just saved myself a lot of space on my yeah you you did in so if you only to keep for thirty days pay and save you a lot of space but you also can't go back and look at all I don't care. What you're talking about something important. And I don't do that. And I talked about is that you still haven't even seen the snapped and I sent you two weeks ago I happen I don't know how to open for epic epic. So getting rid of by some of those old messages helps to clean things up. Photos and videos. Huge huge pieces as well. One thing that you can do is if you go and apple photos. There is a an option for optimize iPhone storage that you remove the originals from your phone once they're uploaded to the iCloud so you know you hold on again places you go to new photos again. On my phone yet still going to photos. Okay and then you're gonna wanna go and I'm just kind of trying to play along with a little bit so you gonna go in the photos and then you want to select optimize iPhone storage. And found photos. Yeah I've been either. That makes two of us. Sorry that's why not get a tech support what I do know I moved there too quickly and what I don't know I pretend you know so it doesn't work out very well. We found this article in the wall street journal of a sudden he could post on our web Slater yeah sure at the pretty helpful walker went through and did a couple things myself one thing that we didn't mention his music actually. You can just read download whatever music you've. Purchased in the past and I had one point nine gigabytes. Of music taking up space in my fonts I just deleted all my music. But I can go back and get a mama iTunes or it's. So does this make our phones faster or is it just an acre full storage story improve the story correct if you post can. Lately Fuller will make it a little faster because when drives are filled up that much they do suffer a little bit of slowdown but in general it's not gonna make most people's phones faster. With this third party apps files would we do there. Yes so a lot of your big guy apps your Twitter FaceBook snap Chad they save a lot of images and things on to your phone crap. Yeah a lot of crap pretty much and so what you can do is you can choose. And this is gonna take a little while to go through so we might not have time right now. But pretty much you can go through the settings on each of those apps in clean out the media storage that each one of those out. Hats. Why are stocks selling off it's it really good question right now the Dow's down 160. Points we've only been talking about this for 2030 minutes and the market is down almost 1% when we come back. Shops auto will give us some possibilities as to why the stock market is selling off today. It does not nothing to panic about but the nasdaq's down more than 1% that and more coming. From our insurer match dot com studios. You've got to barrier and stronger financial exchange. From the financial exchange radio network. Whether you're celebrating a milestone or diversifying your portfolio precious metals are Smart meaningful investment one ounce and 110 ounce silver and gold bullion coins are now available at all leader bank locations bank locally empire gold locally that just makes sense of leader banker Colin learn more call 8776917900. Or visit leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency not guaranteed by the bank and may go down in value leader back. A step ahead hi everybody very Armstrong here from the financial exchange them joined by. And leader bank has an exclusive. Program. For those of you who are landlords your corrupt collecting rip from one attendant or under one tenants. Zero it might be something that you want to look into. Jake talk to us about your calendars have been around we've been offerings he ran for almost two years now two years and has that been successful spent extremely successful we've. Offered this product to really target hardly in the hours were still collecting checks in paper form in this day and age. And the purpose of zero needs to really bring everything on the line between electronic but more importantly. How BP said it and forget it so what's a landlord hazard and set up. I'm really there's nothing that needs to be done until beliefs is over. The rent is automatically drafted from the Tenet's account can you choose the date of the month is it always the first of the month or could it be that there there that's a sign tenant on the fifteenth could be the fifteenth of every month yup absolutely so landlords cites the initial date. Whatever day of the month that is. It will be that same date every month penalty collected how much does it cost the landlord to set this whole lot so it's absolutely free if the wayward banks with OK so if you're a landlord you have your bank account leader saying you get this is Secret Service were we get a reprieve. You have a bank account elsewhere will still provide a service for small monthly charge and if you ever decide to move your bank relationship over waive the fees that. Pretty pretty simple it's pretty cheap. And it's a great product are lame or perhaps the league club while they are right it's called see rent and the website for it is www. C you rent dot net. Or you can call leader bank at 8776917900. To learn more. 8776917900. Collect your rent electronically makes an awful lot of sense to me. The phone number again 8776917900. Or does it. Zero rent dot net. 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A state an asset protection planning can be overwhelming where do you start and how do you know what type of trust is -- for you hi this is very are strong and I'd like to talk to you about the law firm of Cushing handle and they'd been creating a state plans for folks in New England for more than thirty years and they can help you too -- all the different types of -- available I can understand the confusion when it comes to a state planning do you need a -- global trust do you need an irrevocable trust and what's the difference you -- an expert advice and -- -- dollars put together -- free guide it will help you decide the best plan for you and your family you can receive this free guide the differences between -- global and irrevocable trusts by calling 8668485699. They can even show you how it's possible to eliminate your state taxes while at the same time protecting your assets from creditors and long term care expenses caller right now and get this free -- 8668485699. That's 86684856990. Or download it right now from their website legal exchange showed dot com. Your financial strategy has to include a thoughtful insurance plans and insurance exists to protect your assets. Our friends at the insurer match agency can prepare personalized plan that gets you the best coverage at the best price call insure a match at 84499. Match let's before for 99 match many of our listeners don't know home and one or two cars if that describes you you're the perfect candidate for a free consultation to make sure your property and family are safe and properly covered well so they get all the discounts preferred customers like you can qualify for call insure a match to compare multiple rates and carriers at 844 and 99 match let's 8449. B nine match insure a match works with the leading carriers in the industry like your bella Plymouth rock and more. Their license for all types of insurance and can save you time stress the money with just one phone call and one relationship. Call today 84499. Match or go online and ensure a match dot com. Mean this there's the charts graphs and numbers all day and just listen to. Us it's a financial exchange with Barry Armstrong in chunks of on the financial exchange radio network. Trivia is brought you by pushing him little Peter. Bank and in Germany and there are three great partners will be joining me and shot at seasons 52 in Chestnut Hill on Thursday march 30. For an educational seminar. To which you are invited. We'll talk about estate planning tax efficient investing in the insurance industry space is limited so reserve your spot today by calling 800. 3934001. That's 800. 3934001. Which leading Star Trek actor was born in Boston Massachusetts Rhode entry today. Because it's William Shatner birthday we're doing trivia based on star track. Our text number is 68680. In the first listener with the correct answer to the question. Wins a prize pack that includes a T shirts to pins and to travel coffee mugs. Which leading star track actor was born. In Boston Massachusetts and I think that may be too easy is an easy one question is also its its Star Trek not track. It is knowing candidates start track. Now we'll have gotten it that's where I watched our track. The at any rate I went over the market I I'm gonna speculate as to why I think stocks are selling more often than chuck you can either confirm or deny my speculation. I think that President Clinton met with congressman Republican congress this morning. In with the idea being he's got to close the deal. For Health Care Reform. And I think the conservative branch led by mark meadows in the freedom caucus. Told him to pound sand that he did didn't like the idea of the tax credits for people to buy health insurance. I he's got a problem with the conservative branch of the party. And that is why I think the Dow is down 184 points. I tend to agree I think that's that's what you're seeing here in mark meadows actually came out with another us statement this morning. And mark matters came out and he said this is a quote from him that I served the pleasure of the people of western North Carolina and when you serve at their pleasure. It's only those 750000. People that can send you home. So what time was that I don't know I'm reading this on now the hill right now so I don't know when it came out. But it was odd this morning this is Tuesday right yes it was this morning. And you know that's that's. That's a pretty bold statement to make that's pretty much saying you're not my boss my constituents are which while technically right. Is a pretty aggressive way of saying it. Bogey and there's but there's forty guys just like him death. These forty guys that are in this freedom caucus truck and they made it very clear when they were running elect for election. They would vote for repeal of obamacare but they won zero tax credits in the problem we have is. You know eat your doctor and get this through the senate in less you have major tax credits for people who were fifty to 64 day and those that. Those people voted for Donald Trump paid big he did very well fifty plus voters. Yep I do. What's interesting is I do know that there's been a little bit of weakening in the the freedom caucus in the opposition to this bill overnight. I know that obviously on medicine Jim Jordan both said that they're still opposed. But I do wonder if some lower ranking members of freedom caucus. Are going to end up voting for this based on the change that happened from Monday coming into law Tuesday this morning. The F quick announcement on behalf of zero rent. You know as he rent is a program. It's the it's a website that allows you to collect rent from you worked and it uses its that you loan. And he you'll three family house and it's near college and you're renting it out and you've got. Eight different tenants paying you ran it every month for that three family house does that tell college students were they they share an apartment. Well if you have zero rent you can collect the rent from those eight different tendency have or 88 different and it's that matter. And have a go directly. From the college students account into your business checking account it doesn't matter with you banquet debate with bank mayor three would be with stolen bank he could be with credit union. You could still use the C rent dot net to collect your rent. And it's a beautiful thing I've got clients have done this and they rave about it the better back to fuel them it said. See red dot net has allowed me to spend the winter in Florida. While like paradise to have to stay. In New England to collect my rant because that rats would be physically mailed to me I don't do that anymore I insist that might tenants sign up receiver dot net if they wanna rent the apartment. Anyway it's a really good deal. Zero rent dot net is the website you go to duke doesn't matter which bank you're working with you could be with any day. And they can license zebra dot net collect your rent. The phone number you'd like to talk to somebody about it is 8776917900. That's 8776917900. To learn more good as he red dot net. To take a look at the website and see how that spring collection tool actually works. There's a debate brewing. And it has to do with whether or not the United States so should raise the need for mandatory hiring withdrawals and I know chuck is you work as a financial advisor this is something comes up pretty regularly what people say. Gee do I have to take money admire a disk as it turns at Mina. Yeah and what you're what you're seeing as you mentioned right now the age at which Americans have to start taking money out of their IRAs is age seventy and a half that's when the government comes in and says look you have to start taking a portion of this out. Pretty small first about three point 7% in the first year and it gradually gets a little bit bigger. There are number of people that are saying hey look. Americans are certain to live a little longer we're not just living to age 7879. You're seeing ages you know into the eighties in a lot of cases. People living in the ninety's okay. And so a lot of people are saying look. While seventy and a half is still certainly you know it's it's a more advanced age and forty or fifty yeah. It's also potentially putting Rupert position. We have these forced withdrawals for point five or thirty years and in doing so. It really hurts your ability to take this money. At your leisure and when you want to. Which on one level makes some sense. Obviously you know I think I've seen people who have you know struggled I think with trying to figure out when they're gonna pay it you know take these distributions to get all because of all doubt and so forth. Larry so it's it's tough for a lot of people. But it's. If you have a 41 K though you can continue to contribute to your 41 K. We'll always logical working and hit an oversight and have the dignity should make the rule that if you're still employed even if it's part time. You don't have to take money out of your diary. You all that'll happen is if you wait to eighty write the you'll have to take out a lot you ought to take a broad 10% a year. What you get TJ. Yeah I think I'd certainly want there to be some. Bottom and limit on the you know a number of hours worked or something like that so what someone who works for hours and you're saying all part time and not having to take it. I guess that I could see that being an easy abuse but something if it's say you work you know 50700. Hours a year. OPEC I can get behind that if you're working a couple days a week you know that that makes sense. But that's kind of where I'd say the rubber meets the road. I'd be completely in favor something like that is as you said right now look if you're a company with a 41 K. You don't have to pull this money out if you're still contributing but if you are at a company that doesn't offer won't but he still contributing to an irate even though you're working. You don't have that same benefits so I do think kind of streamlining and getting everyone on the same page. It makes some sense I I'd I do like that idea. During hey speaking of filing your taxes in the next segment were we talking about that very thing filing your taxes could be free and simple. But each and are blocked indeed to it are still lobbying against that you'll be amazed at just how much money. Is spent on lobbying to keep your taxes really complicated and they are really complicated I don't know but you the day I get frustrated as heck. Around tax time and everybody gets cranky I noticed around tax time. So we're talking to Jessica Houston. Next about why and how your tax filing could be a lot simpler and tree that's next for march or match dot com studious. Making more than send some of the world of finance we're helping you to make some dollars as well there's the financial exchange with Barry Armstrong and chuck Exxon on the financial exchange radio network. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Your financial strategy has to include a thoughtful insurance plan insurance exists to protect your assets our friends at the insure -- -- agency can prepare personalized plan that gets you the best coverage at the best price call insure a match at 84499. Match let's before for 99 match many of our listeners don't know home and one or two cars if that describes you you're the perfect candidate for a free consultation to make sure your property and family are safe and properly covered -- -- the get all the discounts preferred customers like you can qualify for call insure a match to compare multiple rates and carriers and 844 and 99 match let's 84499. Match insure a match works with the leading carriers in the industry -- bella Plymouth rock and more. There relations for all types of insurance and can save you time stress the money we've just one phone call and one relationship. Call today 844 and 99 match or go online and ensure a match dot com. It's not too late to get a great raid on a whole mortgage leader bank specializes in a wide variety of purchases and refinance loans at some of the most competitive rates in New England a dedicated loan officer will work with you every step of the way and their local decision making music faster closing call 8776917900. That's 8776917900. Or visit leader bank dot com. Member FDIC equal housing lender and MLS number 449250. Subject credit approval leader bank a step ahead your dream home is within reach with a Jumbo mortgage loan from leader bank they're jumble loan program designed for financing in excess of 500000 dollars offers fixed or variable rates for both purchases and refinances all originations are managed by your bank's local underwriting processing team additional information call 8776917900. That's 8776917900. Or visit leader bank dot com member of the -- equal housing lender and the Miller is number 449250. Subject to credit approval leader bank a step ahead. Hi this is very Armstrong 47%. Of Americans suffer from bleeding gums and gum disease and in that group but I discovered a new product that has really made a difference in my life it's Levy on accidental jail I brushed twice a day with Libby on -- Libby -- tastes great and it helped stop my gums from bleeding within one week in fact UC Irvine study showed that Libby onyx reduced plaque more than two and a half times better than a leading brand and gum health was twice as good that's why it's recommended by dentists do what I did and take care of your teeth by brushing every day with live beyond -- order -- rate now and use my name buried in the promotional code and you'll get 10% off your first purchase live beyond actual deliver the results you need and we'll protect your teeth. Better than traditional toothpaste order today at best dental jailed dot com and don't forget to use my name Barry to receive your 10% discount that's best dental gel dot com. Security suffered through securities America each member finreg SIPC an advisory services arbiters securities America advisors think carry ons from representative Armstrong advisory group in the securities America companies are unaffiliated. Even your money and you're in your way here. Could the financial exchange with Barry Armstrong Jones soda on the financial exchange radio network. Leonard. Was born in Boston Massachusetts in the year 1931. And Deborah from force the right answer Deborah takes someone of our financial exchange prize packs featuring two travel mugs to pens. And the financial exchange teacher in tribute is brought to you today by the Armstrong advisory groups broadcast on March 30 at seasons 52 and Chestnut Hill. The place for what's good now. Join us for a live broadcast of the financial exchange. Followed by an educational launched with the Armstrong advisory group you'll learn about estate planning tax efficient investing and will provide an overview. Of the markets and their performance thus far this year to reserve your spot please call 803934001. Our rate I saw this article on business insider and Jessica Houston wrote it. Great piece about taxes and other very complicated I just go welcome to the show power. I get thanks so much for having me appreciate that. We're glad to so are you suggesting. That our tax returns are artificially complicated. I am suggesting madam back yet that they do not have to be a complicated they are and they are in fact not a complicated and many other western countries. Can you give us some examples. Church fell on an NN several European countries they do what's called return pre filing and have the government take the information that already has about you for example it as I'm sure your listeners out there employer than their banks already have quite a bit of information about and that money that we are taking in has been constitute the ire at the ire at. Probably yeah. Exactly how much tax that we should pay that's probably natural for people whose fate. Run their own small business or have a lot of investment perhaps particularly difficult. HL and come just sort app for the majority American's that pretty much we get a paycheck. To paycheck to the bank and an app. That's it at the end of the day and Ira at that exactly how much those people wrote that and so I mean European countries. The era tax agencies and the little slip and it does look at how much we think you'll attack as. Back at them and you pay your taxes picked up by an. Don't have to hire and account and you don't have to you do a lot of complicated math you'd have to use complicated tax software and using at least they. About we can't do that in the United States even though several bill had been proposed that would allow the ire at the information that already had to do it. Or act because. Pack organization like about tax which is neat bite into it and each are a lot. Are we would have their entire business model threatened by such a move and they spend millions of dollars sloppy. Not to mention the society of CPAs are right we will be right back. So how the U mich and H&R block and intuit now into it for everybody's edification is. They manufacturer. Turbo tax rate to which they. Lot of people used Turbotax to to do their taxes. So it's in the interest of H&R block in this society of CPAs to keep taxes complicated right. It hit and and the weight that they've decided that that they can get away with that as bad. Your program called free file. That. That's managed by the IRS now an important issue at thirteen different I attacked. Operation top. And that program is technically available to 70% of the tax paying public if you make I'm. Something under 8000 dollars or less eerie. All of bite to process your tax it's a spree using one of these private agencies. The problem being. That theory few people actually now what about the program or you bet that in 26 left and 2% of people who help their taxes. Used to brief filed even though it's supposed to be available at the extent of the tax paying public and if you ask the free file alliance the group at their company they will tell you that they get my article that the reason no one knows about it. Because the ire at that Kelly what about. And act because the marketing budget for the ire at the priest I'll program is zero dollars. So that's primary interest of well Q not yet but later that assist for free that's free file alliance. Has now actual address in and picking that up are making us aware. Making more people we're they're option to file their practice for free. Apple didn't win any of these. What do these firms actually charging like H&R block the IC I think I've seen ads in when I walked by one their storefronts in the day I thought it's that free file. I and and they do or advertise that the program to chew on there on. They they well advertised at or or they'll say. But piling it we just want small light. Here is another way that they get in the door that filing itself that breed back. But if you get a return. All of Ike or actor turned in one percentage of whatever. It oh at the end of the day you're likely they'll spending a little bit of money and then even if you do successfully used their free file program helped a lot of people and there are agreeing to to think on my biggest check all boxes at the net. These pro you can opt a lot of people I've spoken to accidentally. Two. Get advertisements from companies in the future and that will happen if you'd agent are free file program that would truly free through Ira to. The next year I'll advertisement that says. Hacked but again we already have all year. And at a redirecting you back that free file program they'll redirect you to eat there at and most people are overwhelmed by the idea. Hacked that they just like it. It's about and and but in reality could be our work well. And you go to great lengths to demonstrate. That a lot of our congressman. Are receiving donations some would consider them to be bribes but will call them political donations in this instance. To kind of keep it complicated and. Exactly you know that two people who sponsored the street I'll act that. Which would have made permanent the free file program which marked the IRS which in addition operating. Pre service that the companies also are higher at from offering a compare them compare it wilfried service but they're all would've made it permanent those who sponsor of each received more than 30000 dollars. Frowned into it or intuit employees in the last several years and anything like a small amount of many bad if it. It's kind of daring them at that point and and that they continue to on parity bill and also. Especially need that republic and congressman and that monster that bill like that they things like. It's an inherent conflict of interest for the higher at Q. Huge profit attack is or is maybe they won't. And look at all the deductions that you but that ignore it a lot. Common ten. You know cause and effect that you get your filings they tell a lot about you. You review them or send them back they don't automatically charging money and you want you have your own counties that despite that. I'll let them out and figure more than. More than that well here earlier more than happy under under any epilogue that apartment. It would just good night's work on the article and I thank you for joining us to. Tucker will post this on our FaceBook page if you must take a look at folks but he did it. Goes to great lengths. To show. You know the money going from H&R block to congressman and then the type of legislation. Introduced by that particular congressman to block free tax filing to me just it's. We we've said before we have the best money that congress can. One of the things that I find that you you've often mentioned that you've been nine favour of you know you simplify the tax system by moving to a back. And the benefit of going to bat is at the end of the year is not yet to do. No filing a return you don't either of them don't have to filer turn it's all based on that subject if it's all done. It's all done and so. I think you know. I would love to have that system word old as you say hey look you know I did all this you putting your income and maybe get like a little lock kickback if you don't have a whole lot of income. But again late that systems too easy to ever actually happen it is to eat at a at a house and. For as long as I've been alive job that has made sense and and we've talked about it not had a fair tax people on the show and eight. And I got all to see aspect that we're in make progress but India after a member congress is populated with crooks and politicians and most of them are lawyers for. That is that they made a fortune on these tax laws and making sure that it's complicated. So the result is we're always going to have a very complicated. Tax code to keep your CPA closely here and beat him two weeks. The market selling off today he goes down a 149. Point. We lick our wounds and what you know what happened during tomorrow's show I want to thank you for doing it today from our insurer match dot com to.