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Full Show 8-6-18

Aug 6, 2018|

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This is the financial exchange with the Barry 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 and every day. And now the financial exchange with the Barry Armstrong and chuck Exxon. We begin today show with a conversation about oil that's logical the price of oil impacts the economy. Cranberries are in the news we make a lot of cranberry grow like cranberries and new England and so there in the news urban tough year we'll explain why. And then. We're gonna talk about gender selection as a relates to having your next child hi everybody it's Berrian Mike with you here it's a Monday morning and oil production coming out of Saudi Arabia surged 340000. Barrels per day. And that's probably part of the reason that oil prices decline in the. Yeah a little bit they're up to ten point 63 million built her yesterday you know I didn't know that US is averaging ten point 79 and prospered. Outpacing the saudis between ninety were estimated at 211 point eight million barrels per day. Big question here is you know do what is the impact going to be out of the Iranian sanctions and we're wool. Well nobody had saudis knew nothing good on the ground for seven bucks a barrel that's that's a big profit for them. In the. The the Iran situation really clouds the future for oil and you know people are concerned about tariffs and I think. Far too little I parked too much time is being spent talking about tariffs and far too little time. Is being spent talking about oil because if you wanna talk about something to. It would be a 150 dollars per barrel boil. And that is the potential. If sanctions are with upheld against Iran if you have Iran go from. Two point seven million barrels a day down to a 1000000000004. There's nobody else can pick up that slack that's a big change. It is big change a million about a million barrels coming out of the supply would be a pretty significant offset amber were a start seeing what happens with. Production. Indeed it was thought that maybe the Chinese would just step up and pick up the rest of their oil but they can come and said it would reduce the amount there were buying for Marion but we're certainly not pick up all the stuff that's not going the US market so. That's what they say well actually dues that's nurture unity they the speak out of both sides of their mouth so. They could tell us or Leo we're gonna you know we're we're gonna play ball the sanctions and and say you know we're we decided to. Especially in get a good price yeah they imagine if Iran is so desperate they sell for fifty bucks and everybody in the Chinese that they seventy dollars morals are gonna buy it from him in alone would take as much as morons will themselves so by the way as written up in articles bases as is that better days from march of last year claiming that the cost for the saudis to get a barrel oil in the ground guesses. About twelve less than. That now that it's gonna mean they it's we win the president called on them to increase production I think. They were happy to answer the call because I can make a tidy profit do the and that's why I think it let's say that the sanctions on Iran are buried limiting in terms of how much toiling in on the market. I think that may be it if it starts bumping up to 8085 bucks a barrel. There might not be a whole lot more that. The saudis can get out but I think the US could ramp up pretty quickly where are planning on ramping up to eleven point at one point nine differences in cost Michael you look at the cost of those getting it at the ground. If UC and that's where we stumble. Is saudis that nine dollars our cost getting on the ground is anywhere from fifty to sixty so. That's that is where this sweet spot that's why a lot of people lately you know if you talk to trucks oddities and I like oil sixty super idol I I'd like oil. When he talks. I like cheap input costs but. In terms of safety. In in terms you know not being beholden to foreign countries. Having it sixty's so video Earl Watson as. Cranberry business this you'd you'd drive south of Boston in DC a lot of cranberry books via rail on down 95 there you know all over the place. A that's precisely why they're being here at age shouldn't come as a surprise. That they're going after you know large. GOP you know. That politicians that have a lot of input and now even though I mean Ryan's gonna be retired these aren't for elections in August now so. Doesn't seem like it. Should be that David you know in northeast farmers there herb. Feeling because this guy's side S on inching interviewed Larry Cutler did the rumor fingers on Friday or maybe over the weekend back. Now they go. They've been on the show point times and he claims that. Quote there is very little impact almost on measurable impact on GDP specifically rate related to terror so far and I'll be interested to see if he can. Hold true with that comment after the second this year now they leak he via trade or might be over. Today I I still thinking you know you've got candidate in Mexico come under the table at least Max goes on the table. Europe's coming to the table. And I still maintain in the next four weeks China will come to the table I ID it's in their best interest to do a deal. Before Labor Day after Labor Day I don't think he added I think China's stock after labor. Saint c.'s pence having elections go as those. It does. Some families are paying thousands of dollars to choose their baby's sex now both the view have pregnant wives is this ever come up in the conversation it's the millennium now though it's apparently. Is really millennial flying well it's a millennial thing because you're generation and having children. For the most part of those 58 hero when gamble deals have babies but it's it's I think it's an instant if it's a thing it's apparently it's only a thing of the science exists now and didn't for its its common practice now. Where. Do you choose the sex of your word and work yup. I wouldn't. A chance. And let's talk about common practice there are you know of the what four million babies born here 180000 of them were done with the idea that portion of those 180000. Were given the option to choose the sentence in the name of it can cost up to 20000 dollars I'd do personally know someone that has. Don't that's on the that's gone this route specifically because she had four boys and yeah and that situation I'd totally poorly understand it. Yeah but but that's. Let's listen with nature I it is I understand it but I I'm not it. I I understand but it would do you yes they it's not a religious. Just want to make this just seems like mother nature right should be. That's just let mother nature do its thing he did that more of your gonna have a fifth bowl way there's a reason that in modern teachers said they used by the need to watch him. The shortage of boys we need. Mother nature wants to may UA offensive line five boys. The the part that freaks me about it even a little bit more than picking the sex is they've went and talked to this one specific doctor doctor Jeffrey Steinberg where he has Encino California in. He in particular has been. Advertising. And start to market pretty substantially cosmic treats like I collar. Think that leads you down Ares I Ares strange. And I 1930s. Germany. It's reminiscent of stuff like that the same thing comply color the how. Well it's gonna lead to eye color hair I'll order. And that's disturbed I have done height. Our love to invade Tony gray area just for made about a seventh according that's available now what do loved it and six to. Now so I mean on one hand you look at IVF it's allowed a lot of people who couldn't have children to have children completely respect. Byrne who. For whatever reason weren't able to have kids are able to do right now because of this technology but acting forgetting to vary. Maybe action be missed this you know you're you're actually right is I don't see it it's gonna on the show for this conversation. It's like and I know it's weird three men in here talking about you know make selections. For women's but it's it seems is it's something I've just curious as that you're right it as a baby boomer it's not something we talked about. The week he'd never comes up like that come at a barbecue militia Mick Jagger it because it doesn't come up they just not something we talked right. Is it something it actually gets talked about it and a barbecue among Mullen specifically they're Stephen MacMillan it was actually have barbecues. Yeah yeah that's Robert Trout all the craft Beers high rate. About this test this have you ever heard they. Besides here have you ever announced product you know I Michael. Yeah I have with one specific person particularly close with but is not common. It's not common but I would not be surprised if you know as. My friends get in their late thirties and they start. A lot of my friends are still early thirties and you know all that active having. Kids is that we have in the age eighty cancer so differently than average I think the average parent mother knows what. There'd be thirty point 131 in Norfolk County in the Boston area. The average age of Mary there is 31 you're so I think that this will come up more and more and I think it's going to be a varied. Being today that it needs to be a very big public debate as to BO how far down this road we'd go. You can't just be. It's don't mess with nature is another area that's just different and not saying it's necessarily bad but. When I was a kid in high school. And everybody had a summer job it was just EU's like 75%. Today the numbers dramatically different how many teenagers today what percentage of teenagers today have summer jobs Willie answer that question when we return to the funny talks. Have a question for Berrian junk now you can text us at 63566. And take part in the show at any time. Start your text through keyword Barry and join our exclusive club days as the financial exchange radio network. After five years of no movement at all the Fed has raised the federal funds rate five times in the last sixteen months and two more rate hikes are expected this year how will rising interest rates affect your investment strategy tie this is very are strong and my team at the Armstrong advisory group has written a brand new guide about the challenges of investing any rising interest rate environment it's important to not make snap decisions and to always look at the big picture and this guy is chock full of information that you'll need to help educate you on making the right choices for you and your family. Interest rates can affect all pieces of your overall investment portfolio so don't miss out call right now 803934001. That's 803934001. Or download the guide instantly at Armstrong advisory dot com. 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 American companies are unaffiliated. Are you having problems the blocked sink or drain. What a leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently in believe me. I've had all kinds of trouble trying to get people who can come in and do capable. Qualified work I talked easy plumbing in their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices. All easy plumbing. Easy makes it easy they're experts they're knowledgeable they're courteous they will be on time to take care viewer issue and make sure that it doesn't happen again all you have to do is call today in your plumbing problems they're history call easy plumbing at 781. 862. 1190s that 781. 862. 1190. Or you can visit them online at easy plumbing MA dot com for more information mass master license number 10. 183 again the number is 781. 862119. No. Everybody it's very Armstrong and Jay to Jay is the executive vice president at leader bank. And we're here to talk about a brand new product available for landlords it's called Z deposit dot net Jake. What. Barry we created a security deposit product. To really help the problem a lot of land border facing with security deposits which is. You know one it's time consuming to open the small internal security pop number sons now. And yet to go into the branch got signed paperwork in their small dollars and indeed turn. And it's likely to complaints in Massachusetts really tough for landlords and security deposit accounts. You have to give them ten in certain forms when they open up the count and you have to pay interest in you and we should do all this canal through Z deposit all of that you can do through Z deposit it literally takes about forty seconds opened up an account. We handled the automatic form tattered generated in the count number department commission statement all that said lieutenant. And the interest descent to tenant automatically every year. This sounds like something it's going to be very valuable to large landlords it might have 200 tenants and small landlords that might only have five tenths yeah absolutely with a large landlords. It's just a lot of hassle to managed so we make dad very efficient. For the small landlords a lot of them are afraid of nineteen complaints done correctly that some of them some of them don't even like taking security deposits were hopeful that this hope and do that. Folks if he'd like to learn more about C deposit go to their website Z deposit dot net. Or you can call and speak to somebody on disease deposit team it's 7816418691. Or online at Z deposit dot net it helps. Landlords managed care Tenet deposits to great concept you might wanna learn more about 7816418691. Security suffered through securities America income members finreg SIPC an advisory services arbiters securities America advisors think Gary Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. The financial exchanges all over New England to go to financial exchange showed dot com and search for the station closest view this as the financial exchange radio network. This segment of financial exchanges. Are you in part by CU's senior safeguard educational program designed to protect the elderly from financial abuse. Through senior safeguard credit unions Massachusetts New Hampshire Rhode Island and Delaware training and certifying their team members to recognize elder financial abuse and what to do in response you can do your part as well does it better values better banking dot com. For more information. For what three writes I'm 59 years old and my boys are six and one. Cent fit that fifteen blocks that's my. Now measure and compare I I I babysit my granddaughters. Four hours and I had an on what you're spent he's trying when I guess I have. Honest to cut if there is in the fetal position crying. I think it's it's just exhaust that easy this 59 Euro must be I am here yet uses rock star in the ninth symphony rights. Very changed my mind some twenty years old with one kid. And I think and need to bang out two more real quick so that a young I I agree how to kids need more people paying into Social Security by the way. You can comment on anything we talked about by sending us text message. Our text number is 63566. Don't forget my first name at the beginning in my tech your text. And then if you wanna participate in our poll it is would you pay me to choose the sex of your baby. I'm an. You vote did you vote I don't OK it's funny toast of photo. Dot com should you care to vote 18% of us our listeners would be would pay. Yeah I think it's gonna be 910 theme of the day but will say hey you know what that you you know I didn't feel I I don't know anybody. That's dozens but Michael. Though it's you know. If you never know it happens it happens. Out there. So I was a kid me in a it's you know animal magnate and when I was a kid. I was at summer jobs you guys Souza summer job when your like in high school are you every year you had a summer that was that was the worst summer job. I mean I'm glad it that it is part LA. But I totally clean people's cars in addition to that and use assured. CO all the car lots and their cars crossed. Cleaning up after so notes at Dallas those hardest job here in. A target the worst job probably about him but I liked it. Pleasure good to explosives were confused with the back. If worst job I ever had. Was I worked for a furniture moving company you know like when you people would lose I lived in Toronto time. And there are a lot of people. Moving between in Toronto and Montreal so Google pack up their house yeah which is. Really hard work. As furniture. That you are a lot in an extra. Keep in shape but he didn't make much money it does make it and dollar 65. Dollar sixty oh well that's Canadian. And has kidney assets like. Fifteen cents that would that is a disease that I just like I find it unusual. In 1978. 72%. Of teenagers. Were working summer jobs and had a law I I washed dishes. It toward driveways eight I don't want crappy summer jobs today. 35%. Of teenagers. Were in league shock this summer lake with what they do if there isn't working. We must be driving your mother's cores. I don't know I mean there are. So I mean obviously partially to blame has to be the parents of these children here. Iron members dictate from new BO fine job here where it is but heck out of my house this summer job he sister act. Your siblings had summer job route. And in and I tried it. 11 it was a little reticent talker about getting a summer job yet so I arranged for him. Which range ski. You talked about. Tough summer job. This EU needs to be at work at 6:30 in the morning he would be shot at 6:30 in the morning. Never did they get home before seven Pia you know what I had no behavioral problems with those. And they were behavioral problems prior to their behavior problems after that. A never picture troubled middle exudes a lot of trouble during the summer. Yeah absolutely. I remember seeing it you know I think there's a few things that we can point to one. I see a lot of kids in. Development camps weathered the first sports whether it be for her education and I think parents that a lot of focus on that these days and that's got department I mean you know the number of parents are or is it part that trying to make their houses professional hockey player we've had that when I was a kid and and use the dumb kids had to go to summer school because they thought Matt. You have but this is different this is this parents voluntarily paying and paying for their children to go to you know multi thousand dollar summer camps and I think it's. Get them into a better school or get them to be a professional. One ever in good gambler. Professional video game player yeah that and part of it I guess you heard different talk about too I mean seniors and you know other people taking those types summer Johnson. Some of those summer jobs just aren't there anymore you know there's not a lot of kids their date and a paper routes mainly because there are adults during a paper. LEE if you talk to. They have a friend who runs a restaurant down on the tape. And he posts every year for kids local kids to sit very. The the they don't show up. If they they don't even apply. But if they do apply. In and say they're gonna be a dishwasher there Beilein Deborah cook whatever the day the quit after two threes yeah I again I'd I. Tend to agree I don't think it's a there's not enough jobs out there for the team I think it's there's not enough teens. Going to take those jobs Byrd example I was going for babies are this weekend Lawler up in Maine. And reached out to several different people that live up and that no plans. I went through Dave we have multiple people reaching out to kids that support them. We went through seven people before we found some that could come and maybe send our children and or would you pay for babysitters talk you better get race. The fifteen to twenty bucks and so attackers just build that into the budget you're lucky you've got to parents and neighbors via a parent or as a way to go yeah I just see it's it is. They're free Healy the is that not completely for when they're really young and that's when he. And once they're like what's that 67 years old I'm scared him gently Maloney at fifteen they'll get across street and watch cricket that there. When their three month old infant don't want the yeah it in your kid yet tea. Right I think I insist on is that the refrigerator stocked in Stockton slots it when you see when your dreams and a bodily Europe take a and chocolate and and and and you're actually running lowland I thought this might want to who you are the costs a that may be. Partially true. 413 rates dishwasher worst job ever had 47 years I had dishwasher god his term as your cancer does this when you're gonna grossed two in southern. 978 right Barry these kids today don't work it's sad my sister didn't get a job until she was seventeen. And she said that working market basket was beneath her is that is that if things. A little I could see that'll that'll pretentious kids out there some point that button. He played. Is causing costs. To go up for weeks and farm prices we'll talk about it when we return to the financial. Like there's something. What was on Twitter. Show breaking business news is always first right here on the financial exchange radio network. Are you having problems the blocked sink or drain. What a leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently in believe me. I've had all kinds of trouble trying to get people who can come in and do capable. Qualified work I talked easy plumbing and their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices. All easy plumbing. Easy makes it easy either experts they're knowledgeable they're courteous they will be on time to take care viewer issue and make sure that it doesn't happen again all you have to do is call today in your plumbing problems. They're history call easy plumbing at 781. 862. 1190s that 781. 862. 1190. Or you can visit them online at easy plumbing MA dot com for more information mass master license number 10. 183 again the number is 781. 862119. No. If you're landlords looking to find an easier way to collect rent payments than you need to hear about leader bank's online rent collection product called zero and it's a great service for landlords allowing them to collect tenant's rent payments electronically and he rent dot net without the need to collect checks mostly in the reduce local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC if you're a landlord and are interested in having your bank required does he ran technology tell them the -- he ran team at 781 at 6418691. -- 7816418691. Or visit Z Rand dot net stopped chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816418691. Or zero rent dot net many of you listening today your probably retired or getting close to retirement age so have you taken the time to think about what happens if you or your spouse gets sick and needs nursing home care. What would you do if your spouse didn't have enough money to live on because you were in a nursing home in depleting your acids by thousands of dollars a month how long would your money last if you share these concerns and you need to call Cushing in Dolan they've got a brand new kind of this month told the difference between life estates and irrevocable trusts they can help educate you on how to deal with this problem. Your situation will dictate which product would be best for you. So give the experts at Cushing in Dolan called then let them help you create a new state claimed that will not only protect your assets from the nursing home. But will also help protect your family avoid probate and potentially eliminate estate taxes fishing in Dolan has been helping families like yours for thirty years and they can help you to call 8668485699. That's 8668485699. Or download the guide right now on their website legal exchange showed dot com. Hi this is very Armstrong and if you're a landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamlined the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to entered there information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating account disclosure forms and even send out annual interest payments directly to Tenet's -- called the Z deposit team to get started at 7816418691. That's 7816418691. Or visit them online at C deposit dot net member FDIC leader bank step ahead. 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 owned by your gold locally -- just make sense of leader banker called and 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 this is a special announcement for all landlords chasing down only rent payments and making trips to the bank to deposit checks -- -- hassle out of -- today we're zero and leader banks all mine rent collection tool he went automatically -- tenant's rent and deposited into your account visit WWW -- he ran dot net to learn more would see rent your payments for each unit to receive regularly on the same day every month tenants pay nothing in the first six months or free -- -- landlords visit WWW -- see rent dot meant to learn more or call 7816418691. Time now for Wall Street watch a look at the market's performance so far today thanks Joseph Barry and jug right here on the financial exchange radio network. Dow's down and 63 points couple stocks in the news Berkshire Hathaway and Tyson. Yeah Berkshire reported earnings over the weekend they are kinda. Little surprised when they're in direct earnings were up 67%. Compared to last year and well above consensus estimates. Most of this came from gains on their insurance business is over don't know where Berkshire Hathaway as a massive reinsurance business whether ensuring insurers. Losses last year caused by the hurricanes and seeing as much as those losses this year which is helping so far seen him so far this year. There's also a little bit of conjecture that they might be looking to buying back some shares. At some point in the near future outrageous and stipulations in there rules saying they couldn't soon. That could be happening sometime this year as stocks apple but it 3% and right now. Tyson Foods on the other hand last week they preannounce their earnings citing that beef and pork prices raid down which has been drag on the chicken businesses well. They reported their earnings. Which. Investors' interests but your theory is insane it appears to be slightly better then what it thought the stock after being down nearly 10% on the preannouncement. Is up about 4% rate. The global heat wave. He is having an impact on wheat prices thrown. Yeah 33%. So far this year that soon Russia for US commerce yeah good for US farmers Russia Ukraine France and Britain are some of the biggest we. Crop areas. And they're just getting crushed he placement striving a nation my price is 33% this is. Kind of that one of the few shining light for American farmers are written. Soybean firms again had cranberry farmers who talked about to happen. But at least wheat prices are going up which means we're on reprise panel that more for Brad. Yup the next few months. Ago. There's really very little excuse for somebody not having jobs unity in ten years ago. Lot of people didn't have a job and a job like the one we're gonna discuss probably was in of people would have been glad to have it. Talk about 9011. Emergency call senators. The error at the point where they're having major difficulties. Finding people to answer those phones I mean. It's which is all that's scary well it is scary. And it's you know you look at is say one half hearted job can be apparently it's a very stressful job I would think so I mean let's just think about what you have to do is one opera 11 operator I'm sure a lot of ecology take care. Nothing terribly important but the amount of time is now on the phone with people being abused war. The roof hatch act on that turban and bad accident and Scalia and tears that's gonna be very very stressful job. The if it misses across the country in and I mention this because you might know somebody who. Physically is incapable of working construction right I got a text message from one of error listeners who's working as a substitute teacher and making very little and come right in doing that. Clinton do to win each for 911 operator pretty good you know its full time eighteen in our. Pretty common it's it there's benefits associated with the the jobs are available cross country it's stressful and it's shift work you know yet remember if you take a job this. Pretty good chance especially in your early days we all learned so Chia yen a year there is that you start more like 20/20 dollars and twenty cents the average wage for that position which means that if you've been there 510 years and you're working some overtime. It because the average overtime you should see the overtime shifts Hauser as I wanted to be a lot of females do this job yet. In Indy you don't have to have a college degree he frankly don't even have that high school diploma to be able to do this job yeah and you have a criminal background and still get this job. You connect criminal background Ambien and 11 operator now. I guess that you beat the because you know a lot of times people might not think of a job. Ray that that's remembering you know that you know Portland Maine for instance major shortage of 911. Yeah opera. IE and and chances are in the community you live and you could get one of these jobs. All of saying is if say you're 657 years old. In your not gonna be EU can't be going to fetal right because you're married maybe you you just physically got bad hips knees or whatever this is a job you can do there. Just as Joseph Sacco. Erica and I have to turn over Abbott the turner huge. Egg it is that it met up would have try to do is point out jobs that people can take. Because later in the story there later in the show or talk about how. Senior citizen bankruptcy filings are are through the roof of this blatant liar. After years of no movement all the Fed has raised the federal funds rate five times in the last sixteen months and two more rate hikes are expected this year. Howell rising rate interest rates affect your investment strategy call us now and we'll help you find out. This is Mike our strength in our team at the Armstrong advisory group has written a brand new guide about the challenges of investing and rising interest rate environment it's important to not make snap decisions and always look at the big picture. In this guy's chock full of the information you'll need to help educate you on making the right choices for you and your family. Interest rates to affect all pieces of your overall investment portfolios don't miss out called right now 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. Tucker I ever heard the term are rising tide lifts all boats melt never heard that now what does that now you have. I just means that when. The economy's doing well everybody. In the country does better prepare and the economy's doing well I I will tell you he just as an observer in and student of the economy. This is the strongest economies that I can remember. Since 1990. Product for back. And rode in and the and and I would tell you. As well that I think the underpinnings of this economy. Are more solid than they were nineteen and many of us to do in 1999. At least suspected. That there was a ball technology is is this the signs were there. Now idol seat. A tremendous bubble in any case he's nothing that I look at and say well these stocks are overvalued. A not to the degree that they were in 1999. But here are gonna provide some proof. Of that story as a rising tide with Sobel is a lot of people say you well you know these tax cuts only benefited the rage that's not true. In in nineteen. In 2009. Teicher. The unemployment rate for high school dropouts was fifteen point 6% while writes it but at not ten years ago. Ten less than ten years ago. Unemployment rate for high school dropouts was fifteen point 6%. As of Friday that numbers dropped five point 1% model and let's park. We started collecting that data backing into you it's an all time low for that number you know in and I will tell you at bats. That is an indicator you do you can argue. About. You know the way the economies being managed to and you might take exception to something that Larry Kudlow says her unity whoever. At that. I the my point news. The this a statistical evidence. Right five point 1% among people that dropped out of high school not the they in this part of the country that doesn't happen high school dropout rates are very able beat out in other parts of the country in it's it's pronounced. I think what I'm seeing with. And I've heard expressed by a lot of people that I talked to his. You're seeing wage gains on the bottom and you're seeing wage and gains and high and you're not seeing a whole lot of middle class wage gains guys you're seeing some. But I think those people that are. Yeah he's here in the northeast earning sixty today a 100000 dollars a year. As a married couple pulling in that sort of income. That you're starting to see if it you've seen it be a lot slower than what you've seen on the bottom. Denied well it on the on the low end. It's high because. Companies like you talk to kids but he one that's running the service industry. You know ten years ago they were hiring workers for six and seven dollars an hour and now they're paying workers if you want to hire somebody like. Pitching help like it think about your entry level job you're talking fifteen to seventeen bucks and now I have good drive down any highways and look at the signs over at McDonald's right now. Hiring now you know starting job at fifteen bucks an hour. Amazon warehouse workers. Sixty I remember like yesterday drive and on route 91675. An hour. Starting wage and that was in the benefits and stock and use this against a package. So wages are going up when we come back or to talk about unions they're taking a hit after the Supreme Court ruling that's our next topic on the financial exchange. Join our brand new tax club by texting the word ferry to 63566. Send your first and last name and get involved today you're listening to the financial exchange radio network many of you listening today are probably retired or getting close to retirement age so have you taken the time to think about what happens if you or your spouse gets sick and needs nursing home care. What would you do if your spouse didn't have enough money to live on because you were in a nursing home in depleting your acids by thousands of dollars a month how long would your money last if you share these concerns the new need to call Cushing and Nolan they've got a brand new kind of this month told the difference between life estates and irrevocable trusts they can help educate you on how to deal with this problem. Your situation will dictate which product would be best for you have give the experts at Cushing in Dolan called then let them help you create a new state plane that will not only protect your assets from the nursing home but will also help protect your family avoid probate and potentially eliminate estate taxes fishing in Dolan has been helping families like jurors for thirty years and they can help you to call 8668485699. That's 8668485699. Or download the guide right now on their website legal exchange showed dot com. After five year. Have no movement at all the Fed has raised the federal funds rate five times in the last sixteen months and two more rate hikes are expected this year how will rising interest rates affect your investment strategy hi this is very are strong and my team at the Armstrong advisory group has written a brand new guide about the challenges of investing any rising interest rate environment it's important to not make snap decisions and to always look at the big picture and this guy is chock full of information that you'll need to help educate you on making the right choices for you and your family. Interest rates can affect all pieces of your overall investment portfolio so don't miss out call right now 803934001. That's 803934001. Or download the guide instantly at Armstrong advisory dot com. 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 hi everybody it's Berrian Todd with you here with a quick tip from the legal exchange showed doc common. Todd I wanted to talk to you about the five year waiting period for Medicaid eligibility. As it applies to the use of the medic and a light the state so let's say I Cree I give my house away. I give it to the kids. Does that five year clock start ticking if I've done elect the state yes so if you take your house and many people do this if you take in your house and transferred to the children. And reserve the right to live there you know does that create a five year Medicaid out absolutely it and that's the definition of elect's right giving your stuff away give it away but you you do reserve that right to live there so that's at least something that you're keeping which which is certainly helpful to you post paid a property taxes and maintain the property. The property taxes and maintaining is all done by the lifetime and it you know. But I want to stay on the five year waiting period just for minute because so many people think that it doesn't apply either to the life estate arrangement like you mentioned very. And also too when they make it's you hear people I can give 141000 dollars a year away because I I can do that and not pay any gift taxes. That's true. That's an IRS regulation. You'll pay any gift taxes but you will have a five year waiting period for Medicaid eligibility so it does apply to almost all transfer some. Including. A life of state arrangement. So yes it does apply. All right folks Cushing and all and is making a brand new guide available and it's very helpful for those of you who are thinking about giving your house who use like the state compares the advantages and disadvantages. From like the state to an herbal herbal trust the phone number to receive the guy is 8668485699. You can download the guide right now. By going to legal exchange show dot com or call toll free 86684856998668485699. The financial exchanges live on FaceBook and YouTube watch Barry and Joseph discuss the issues of the day and see which one smiles the most. Days who's the financial exchange radio network. December of financial exchanges are brought to impart my leader back it's not too late to get a great rate on home mortgage leader bank has some of the most competitive rates around call 877691. Saturday 900. Or visit that the visit leader bank dot com for more information again 8776917900. Need to make an equal housing lender and member FDIC and and LS number 449250. 978 as it relates to our conversation about wage gains says that wage gains on the bottom are artificial. And I'm assuming they're referring to the increase in the minimum wage right do it fifteen has become. But it is that's minimum wage now in many parts of the country. And that may or may not be true because the fact of the matter is. You still have a high volume of job openings at those levels and the elect. You got eight like I was in our CBS. AD they are big. People to work at CBS and it has nothing to do a minimum wage or paying more than minimum wage most of these companies. That you see the signs on our paying more than minimum wage I think all yeah yeah I I don't see it has artificial. That day did the fact that we had a five point 1% unemployment rate among school dropout speaks to write. If this was artificial wage gains and news. You know minimum wage jobs would be very well sought after but it. Public sector unions are facing steep falls in revenue and trying to prevent the loss of members in the wake of a recent Supreme Court ruling. Got to tell you act I. I think for the country. This is a good thing. If your public sector worker in May not be such. Yeah and this shouldn't come as any surprise the Supreme Court ruled back in June that the public sector unions cannot force. There employees two paid. Effectively use entity they paid. Pretty high dues I was looking at 41 your world. She's making 44000. Bucks a year which is not high wage yeah. In your shoes Payne 4400. Dollars a year in and inches again that's that's. It in a lot of VP of sales you know like I can do I disagree with the position of the union. And yet they're taking money out of my paycheck that's right you know that's not right. Yeah I answered with their call is if you're not actually participating in the union and you pay what's called agency fees and Louis towards the renegotiate them because they negotiate on behalf of you inspire your package you know part of the union. And those those agency fees are often times 90% of the actually union dues. I was surprised to see debt first most unions agency pick here at the most it's of the premiere about 5% of total revenue I thought this would have been a bigger financial hit to the public sector unions that 5%. I mean these genes are gonna be going. After the 1520%. Hit in this public sector unions might actually be in danger of collapse at a I don't think that's the case it's still early though. It is an if you see a lot of people back out of the union because of this. That's where courage you know really particularly impacted a lot of these people are locked into twelve month commitments to yeah the end of the year the week look at the numbers. What a year and a half and then look at the numbers and how many people are still pain dues. And the sniping is on the works on the work site dale really give the non members heart that those in the in the old days the you know if you if you voted eats you need to take out the back of the warehouse and beat the and I made that happen again Tucker kid and I think that's I assault union disputes is easy automatically from. You know he did. You think about it from the perspective of that yet at that point it was part of the union said well I'm going to be paying these dues are part of the union not to minimize well join up. Now I now. And I read true financial decision to make here well and end the unions have to do a better job them. Yeah they have the duty you know and the united you know they have to prove that they're providing about right and I use a lot of workers I I talked to a couple Boston cops. And in the heat they're absolutely despise the fact that they have to pay a union dues in a city guys they do nothing for the men in all the news that the much of a tale it's real tough to justify you know the union and the economy like this where it's easy to find a job wages are going up when it's at 2009. And we just again tried in the union's electing stand between you and massive layoffs that it's people like that union Laporte that. These these cops their gripe was in about wages their gripe was about. Backing them when they got into beef in India say the arrested somebody. You know when when they are arresting them they do use a lot of physical contact meaning they beat him up right to it to arrest them then they said that the union did not stand behind and that's that was their complaint. The hate. I am we've got to talk about the story and and I'm not a guy to beat up on corporations that Wells Fargo. These gonna make an exception for this well I get a tie the big four closed. And through people out of their homes 400 times in a pretty and not hold on not. It wasn't that they threw people out of their homes is that they incorrectly did you know they they unjust the these people were supposed to be eligible. To stay in their homes and Wells Fargo threw them out not once not doing like if it happened once you take a moment gosh that's terrible. Will find you a big dollar amount to never do that again you have to get nature they did it. 400 times before I I think it and I biscuit sound harsh beat you find out who's responsible who's CEO at the time. And throw that son of a gun in jail and Annette net. That EU wanna stop this type of behavior from happening. Imagine that you you get thrown out of your whole match how disruptive that would be. It it's Christmas of 2009. Yet three kids and in your mother living with you and you get thrown out of rural and it's one thing if you get thrown out and you deserve to be thrown out. These people did not deserve to be thrown out Wells Fargo violated the law the arrest six the year there are things that could have been done. To keep them in their homes and they didn't all the procedures and 400 they have police were evicted from their homes it just. Unconscionable there and I don't know what monetary compensation. Can really view the day there's nothing undoubtedly lead to divorces are down that would lead to you know. Children and therapy in all all sorts of you Nagin upsets here that is despicable and I the depth problems. Now right the back at it when this occurred. Probably a lot of the people are already gone from the company yeah right neatly that did this. Oh boy I tell you watch the EU you put laws of the book out when one thing changed was when they started sending C opposed to jail. You know CFOs used to be could cook the books. And you know there there's you know slap on the wrist. Now the CFO cooks the books that garbage it's April supple right EU you lie about doesn't happen very often. And why he does happen program is the reason CFOs. It and they almost operates some would argue that CFO. Is more powerful than to seek Il in corporation. Because that's the old law the CEO it's simple in theory. Reports to the CEO but the fact of the matter is if the CEOs doing something on towards. The CFO has direct access to the board of directors and all of the regulators right and they're not gonna go to jail. That's why they put that lawn place they said CFO if you're going to be the chief financial officer and they make tons a month right. If you're going to be the CFO. You know you might go to jail if you line what's area sad about this is the reason of pride discovered it because there's been so much going on underneath but it Wells Fargo I would copy one bit shocked that this happened and all the active analysts on them to jail to maybe is it just. That would bothers me about it is like if somebody doesn't pay their mortgage and they deserve to be foreclosed on okay Lee you have to do that that's a cost of doing business. When they don't need to be foreclosed on and when they don't need to be evicted from their homes and they get evicted anyway. Fundamentally wrong for. Hey would you pay to choose the sex of your baby that's our poll question today and go to war. Website which is financial exchange showed dot com by the way the cost of choosing the sex of your child 20000. Bucks. Let us know financial exchange showed back up. It's not too late to get a great grade and a whole mortgage leader bank specializes in a wide variety of purchase and refinance loans that 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 means a pastor closing co lead 776917900. That's 8776917900. Or visit leader banks dot com member FDIC equal housing lender and MLS number 449250. Subject to credit approval leader bank a step ahead. Many of you listening today your probably retired or getting close to retirement age so have you taken the time to think about what happens if you or your spouse gets sick and needs nursing home care. What would you do if your spouse didn't have enough money deliver on because you're in a nursing home in depleting your acids by thousands of dollars a month how long would your money last if you share these concerns and you need to call Cushing and Dolan they've got a brand new guide this month told the difference between life estates and irrevocable trusts they can help educate you on how to deal with this problem. Your situation will dictate which product would be best for you have give the experts at Cushing in Dolan called then let them help you create a new state claimed it will not only protect your assets from the nursing home but will also help protect your family avoid probate and potentially eliminate estate taxes fishing in Dolan has been helping families like yours for thirty years and they can help you to call 8668485699. That's 8668485699. Or download the guide right now on their website legal exchange showed dot com. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's online rent collection product called Z rent it's a great service for landlords allowing them to collect tenant's rent payments electronically and see rent dot net without the need to collect checks most landlords used local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank acquired as he ran technology Obama called this he ran team at 7816418691. That's 7816418691. Or visit Z Rand dot net stop chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816418691. Or zero rent dot net. Is the money matters radio network WB MW 11:20 AM and W 275 CN FL could cost him the money matters radio network. I folks it's chuck and Mike from the financial exchange and we're talking today about how to invest in. With regards to say what kinds of sectors performed well. What kind of sector struggled when rates are going up Michael we talk about rate of interest for everything mortgages credit cards. Yes they are technically paying out a little bit more on CDs and it deposits as well but they usually more than making up for that on the on the charges and a when we look on the downside because as much as there might be good news in some sectors there's always another area that ends of struggling what parts the economy what types of stocks might struggle. If rates go up well two big areas tend to be utilities and real estate on the real stateside it's pretty obvious if mortgage rates go up van people are going to be able to afford less real estates that makes sense utilities it's a little bit less obvious but effectively a lot of investors by utilities because they're seen as a replacement to CDs or bonds in some cases because their relatively safe investments when interest rates go up sometimes they sell those safe investments in favor of those CDs and -- folks we've given you a couple of. He has to think about with regards to how to invest in a rising rate environment but there's a brand new guide out from Armstrong advisory group and only after you to get it is call 800. 393. 4001. Or go to Armstrong advisory dot com once again that number is 803934001. Securities offered to securities America incorporated members Jenrette SAP C and advisory services are for the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. Do you have an elderly parent or loved one be suspect is being scammed for their money if so enjoy it was Massachusetts credit unions in our fight to combat senior financial abuse uphold genteel president of the cooperative credit association inviting you to visit better values better banking dot com to learn more about C news senior safeguarded and educational tools that help you recognize an elder financial abuse and what to do in response does it better values and better banking dot com and help us take up the fight to protect seniors everywhere. Precious metals are Smart meaningful investment one ounce and 110 down silver and gold bullion coins are now available at all leader bank locations bank locally and buy your gold locally it just makes sense of leader bank a call and learn more call 8776917900. Or visit leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency god guaranteed by the bank and may go down in value leader back a step ahead. After five years of no movement at all the Fed has raised the federal funds rate five times in the last sixteen months and two more rate hikes are expected this year how will rising interest rates affect your investment strategy tie this is very are strong and my team at the Armstrong advisory group has written a brand new guide about the challenges of investing any rising interest rate environment it's important to not make snap decisions and to always look at the big picture and this guy is chock full of information that you'll need to help educate you on making the right choices for you and your family. Interest rates can affect all pieces of your overall investment portfolio so don't miss out call right now 803934001. That's 803934001. Or download the guide instantly at Armstrong advisory dot com. Securities offered to securities America incorporated member finreg SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated time for bank the pays you would liter maximum reward accounts can 1% cash -- debit purchases and an extra 10% back when you user carted featured businesses to qualify for these and other awards using statements direct deposit 1000 dollars and make a debit transactions each month to learn more call 8776917900. Or visit leader bank dot com minimum to open and -- annual percentage yield ten dollars mass residents only tease me reduce earnings rate subject to change without notice member FTSE. Leader bank a step ahead hi this is very Armstrong and if you're a landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamline the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to enter their information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating account disclosure forms and will even send out annual interest payments directly to the -- -- called the Z deposit team to get started at 78164186. And 91 that's 7816418691. Or visit them online at C deposit dot net member FDIC leader bank step ahead. 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 in. Formed to end up today about economic and market trends plus get breaking business news every day. And now the financial exchange with the very Armstrong and chuck Exxon. Know many investors are concerned about trade war and is concerned about. Valuations. My big concern today on a day where the Dow is down 71 points. Not evaluations and it's not terrorists my big concern is the price of energy hi everybody Berrian might with you here. And I'll tell you Mikey the the thing that's got me concerned about energy. It is these sanctions have gone into force against Iran. And depending on how much oil comes off the market if you say have. One and a half percent decline in the amount will available to us for sale and we know that sale and consumption is up by one and half percent. That's today that's a recipe for disaster I don't know that domestically we can make up that difference. We'll see. It away again if it goes from the right near seventy bucks a barrel right now and I think that that's here in the united steer the testing is it with their pain in your 75 edge yeah. I would think that you can get up Q. 85. Or ten dollars without seeing huge disruptions in terms of you know Purdue where our economy's going. I just think back T and TV video I've about it for me I think back to three years ago I am back in fourteen of the economy was still Goran and also known as we were well over a hundred. At least here in the United States in it is especially here in the United States where you're never. It GDP. Is your view when we were paying. That price for oil GDP was less well under 2% fair. TV you've got our robust economy and other big differences at least now if we have to pay four bucks a gallon for gas. Most of that money staying in the United States whereas in previous years you back twenty years fifteen years. All that money was going overseas. And that's the debt that did that talk about trade him now it's that would create he treated. So anyway that that's a thing I think you should be watching is priced oil is up. One point 75% rate gosh I've seven bucks now that that's that's the thing you keep in town. They our poll question today has to do with the selection of your child's sex and even at an Italian. I didn't really know this was thing that is neither a good idea I don't feel so bad. But there are clinics advertising. Gender selection. To parents. It costs about 20000 opted to up to 121000 so how much would you pay Tucker if you would pay twenty and the traditional and hang on because it would do you wouldn't. Do it why he's in let religion letter in known a religion at all let nature take its course it's a coin flip to. Today. I did you know you haven't by the note await. You're gonna go out there period but you. Korea paint them walls. Something neutral and I don't care. What. My position is that I wouldn't do it but I also feel that if people want to patient. Those. It doesn't yeah I I realize I'm morbid nature meets or else that day I worry about. Genetically modified. Children is that we are doing yeah he's a canal are you in yours selecting actors. Knocking density genetics at the birds and the views of us that's the yeah I don't think it's genetically modified you're not changing just determining which one of that nature decides. But you know Mike's example of who you ran into had four girls and wanted to bored so I understand that. A stone would do it wouldn't duties on buying that is and he bit me. That they were meant that they are supposed to have Bible or whatever yeah five boys five girls whatever I can understand after raising four boys wise on the fifth. But. I still wouldn't do any let our poll question which you pay to choose the sex of your baby. You can participate in the poll by visiting our website financial exchange show dot com financial exchange showed a more incentives attacks are tech's number 63. 566. So Tucker insisted that we cover this next story something about Conor McGregor. Big deal big big deal he two million pay per view sales predicted for that Conner McGregor. USC. Term molest and sock on McGregor was block in a boxing ring with Floyd Mayweather last year and watch that but I did. I watch the history fantastic I did fantastic all right yeah. It was way to do for blocks him but now karma Gregor. Is making his way back to the Europe's hearing and he's the underdog by the way listening in jail like not a month ago for he noted trash cans he had it was a video where he like attacked. Boss of a flight different fighters on this this'll close trying to get the fight. I'm not ruling out a pair you know how to count on now he's got the fight and he's. I've not yet sushi. It's a Russian again I can turn its name. But yeah McGregor is going to be the underdog in a bunch of an interest in the near my gonna record. In his thirties beats his 29. Street. Anyway as that's gonna make a ton of money on paper view and that's going to be in October October SATA stupid things costs the mile is 100 box. I yeah you have sees probably a little less than that brilliantly 59 bucks as mine guess based on nothing good. Members thirty. He just turned thirty in July. That's Donald and lowering nuts to BA UFC fighter it seems pretty old I think. That's. When I get ahead in the fight is going to be in China. Is it yet. Bella here they're the top box market well and and it did the Chinese would dominate that they if they decide to get into these sets of people picked from there. Pop ice chicken. Is moving from Atlanta. To Miami talk about the headquarters moving from Atlanta Georgia where they've been for a long time. To Miami floor and combining all their operations and they're all owned by Jack chemical RBI now happened so pop buys Tim Hortons and Burger King Euro. Is the combining their headquarters into one place which makes a lot of sense it here if you're operating all those different brands the entire idea. Of why you know this company's trying to put them all together in the first place is to do exactly let's combine the operations so. Here's the some more employees in the Miami area that. It is Atlantis optimism too bad news Atlanta economies to it is solace that you did today. Tucker I don't remember if you remember during the show chuck and there are a mind blowing number of pop flies in the Atlanta area I had to figure really amber is is. Some incredible I don't see him around here and I just where there's like Fenway. That's the only one I can think of them right now that is a never had a. 37. States do not tax your Social Security retirement benefits that means that there's thirteen that do. Let's talk about the New England states yet Maine Massachusetts and New Hampshire all non taxing Social Security benefits will surprise you that bad Massachusetts Florida obviously doesn't because there's no state income and Sam and -- is no state income tax in New Hampshire that one's you know fairly obvious yet New Jersey New York also not taxing them. Think of a few pretty high tax states like Illinois does not tax or security benefits they also don't tax pension Connecticut and a rosary. She can attest I talked to so many people spent a lot of time in Connecticut and it's where the second home. And I'll tell you I'm so many of the people that I meet in Connecticut. File their taxes in another state and I've you know they'll spend. Five months in Connecticut in seven months in any other state distant to avoid taxes. Connecticut is just reached that Terri was kind of sad to see what's happening Connecticut. Used to be Connecticut used to be. A very affluent. He knows they need to that a New York to go to Connecticut to go to lower tax state right now it's the now tired and there. Yeah higher tax so the states in New England you'd need to be careful. Would be Connecticut. You know the if you're retiring you eat think twice about retiring Connecticut Rhode Island. Taxes Social Security. In Vermont. Taxes Social Security area that's. Unity you go legislators. Need to think because people who have money. Are usually capable of moving and that's with acting like this state. Legislators. Failed to recognize is that yet you can you can raise the tax and you get have a death tax it Massachusetts has just an egregious death tax. People file taxes than they move out of state before they die and and they as a consequence. Massachusetts not only does Massachusetts. And Connecticut the same vote not only. Do they lose the income that would have come from the state tax but they lose all that. Income tax revenues that they would have been receiving as well rent because those tax returns are now being piled in for. I like there's also a whole list of states that don't tax pension income in addition to Social Security so Alaska Florida Illinois Mississippi Nevada New Hampshire Pennsylvania South Dakota Tennessee Texas Washington and Wyoming that's specifically. You know if you guys don't have. Income taxes in general but Illinois for instance has in income taxes but they specifically carve out pension income topic that's why. White grandmother. Stays in part of it is she's got a big gas or her pension. Would you pay to choose the sex of your baby that's our poll question go to financial exchange showed a com thus far Tucker eighteen point 9% would pay. Yeah seems low obviously in 81% saying no thanks. Up next will be talking about financial exchange showed our counterparts stated cortex a 6356. Sixes or text number. Up next will be talking about AT&T. The overpaid. Some pensioners. And now they want the money back that's our next topic. The financially James. Is Cole a murdering an and also now in West Palm Beach, Florida. Check out our website at financial exchange showed dot com and find the station closest to you. This is the financial exchange radio network. Unify against bullying we pledge to bring an end to bullying through the celebration captured ever sitting there are countless children waging a quiet battles against bullying and many believe that they're alone and unify against bullying once these surgeons know they are far from Malone and they're supported by a loving caring community of fellow students teachers parents and Brothers sisters business leaders and others unified against Italy where we stand together. Unify against bullying dot or. The federal funds rate set by the Federal Reserve is gonna five times in the last fifteen months and certain observers expect additional increases before the end of the year rising rates can have a dramatic effect on your portfolio so Colby Armstrong advisory group right now and get their free guide how to invest in a rising interest rate environment call 803934001. That's 803934001. Or get it online at Armstrong advisory dot com securities are register -- incorporated member of the recipe -- advisory services are the procedures are advisors incorporated Barry Armstrong representative Armstrong advisory group mr. generic companies are unaffiliated. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's online rank collection product called zero and it's a great service for landlords allowing them to collect tenant's rent payments electronically and he rent dot net without the need to collect checks most landlords used local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank acquired does he ran technology to Obama called this he ran team at 7816418691. That's 7816418691. Or visit Z Rand dot net stop chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816418691. Or zero rent dot net after five year. Is of no movement at all the Fed has raised the federal funds rate five times in the last sixteen months and two more rate hikes are expected this year how will rising interest rates affect your investment strategy hi this is very are strong and my team at the Armstrong advisory group has written a brand new guide about the challenges of investing any rising interest rate environment it's important to not make snap decisions and to always look at the big picture and this guy is chock full of information that you'll need to help educate you on making the right choices for you and your family. Interest rates can affect all pieces of your overall investment portfolio so don't miss out call right now 803934001. That's 803934001. Or download the guide instantly at Armstrong advisory dot com. 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 the securities America companies are unaffiliated. Are you having problems the blocked sink or drain. What a leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently and believe me. I've had all kinds of trouble trying to get people who can come in and do capable. Qualified work. I talked easy coming in their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices all easy plumbing. Easy makes it easy either experts they're knowledgeable they're courteous. They will be on time to take care of your issue and make sure that it doesn't happen again all you have to do is call today in your plumbing problems they're history call easy calming at 781. Each seeks to. 119 B at 781. 8621190. Or he can visit them online at easy plumbing MA dot com for more information. Massa master license number 10. 183 again the number is 781862119. No. We wanna hear from you. Thanks Steward diaries 263566. And let us know what you think about the stories we discuss your team to the financial exchange radio network. This segment financial exchanges brought Q in part by easy plumbing the experts that. Help solve your plumbing and heating needs don't let the sound of a leaky faucet shower. Had keep yup and I call easy plowing because easy makes it easy guys he's plumbing or fast especially clean they'll take care of your issue in the your home in pristine condition when they're done. Call easy plumbing at 7818621190. Or visit them online easy plumbing and made dot com. Mass specializes number ones or 183. Weekly trivia every day here on the financial exchange in the way you play fewer new did show the way you play. Is we have text Roberts 63566. We have to put my first name. At the beginning of your text receive open up your phone he go to text messaging. In say OK I'm gonna text but put my name it's Barry BE a RRY. And then the correct answer to this question. 28 years ago this week. President George Bush ordered the organization. Of operation. Desert shield in response to Iraq's invasion of Kuwait five days prior. We will be asking trivia questions today about the Persian gulf war. Which general led Operation Desert Storm this is tough question you know it's tough talker who don't is going to be of the spell. The me. We don't correct bowling all absolutely I had some like I have that yeah the spelling right there with a lot of try to slip in with incorrect spell what number are we doing today. We did to fall on Friday because Tom very different. Breed wolves somber tribute was his birthday I don't know if you heard that idea it. So anyway. We'll go with since we won twelve with a let. All right Drew Bledsoe so. Or settlement. It by the way I'd. Trivia is sponsored by my favorite clamor restaurant you you bake stuff claim goodness you good good arms and in. In east and just leave it that it's the best on the plane. But what is the name of the general bit led Operation Desert Storm. Again the text number is 63566. So AT&T. Screwed up. Shock right if you're Custer a team but he indicated they may AT&T made a mistake. And here's where I picked the date this is I just think this fundamentally wrong. James Bazell retired from AT&T in 2001 he started drawing a pension from his 27 year old career with the company. Fifteen years later he gets a letter saying his benefits were miscalculated. In demanding that he repaid. 32116. Dollars and five cents mr. Zell living in round hill Virginia replied that he couldn't pay. And within weeks he heard from a collection agency. Call me ultra west. But if AT&T. Screwed up. And paid their pensioners. A little bit more than they were entitled to eat it eat it exactly is life sentence. I agree with you from a sentiment standpoint here is the top spot AT&T and various IRS guidance. That suggests these pension plans must pursue rigorous. Must pursue overpayments rigorously or risk losing key tax benefits such deductions for employer contributions and tax free investment returns so the IRS is telling people if you don't go after people you overpaid by accident. Then we're going to avoid the tax that's your entire pension because a lot of these people are broke. And these guys we're just talking about was undergoing cancer treatment as are all the money and by the way your tax on all these benefits. It may income tax on all the stuff seeking out don't want their money again is this a situation where. Isa they have to recoup from the employers that's that's what this says why not go after the guy who CEO at the time his last name was Armstrong. No no relation political after the sea oats it will wheat page view you know fifteen million bucks a year that year. You pay and should you know I I I just knee hit it I it's trying to get money out of some news broke and go to cancer treatments. In chances are you know if the money it's bad and now on the surface I blamed. Utley Amy AT&T until you read through this article and I'm I'm not a tax expert and not us. And a CPA I don't know who lost behind this but if it's true that if you don't go after these people you're gonna lose your and avoid the entire benefit of your pension plan for all of your other employees and AT&T is kind of between a rock and a hard place. Anyway let's move us as seventeen individuals. Totaling over a million dollars overpayment. To go after whoever CEO to targeted by the way. He screwed up didn't administer the plan properly or we paid fifteen million bucks in 1999. UD give it. He's. That's or to talk about another industry that millennium goals are disrupting. That would be the beer industry right we don't like crappy beer feel like today you know like Bud Light you know like. Italy course scorers bug corona would Lecrone Miller despite case. Not only are colonials not drinking those specific brands which they're not they're opting for more expensive different brands but they're also favoring wine and spirits. Pretty significantly over beer pretty pretty stark change back in the ninety's. The go to beverage is sixty point 8% of people choose beer and it's only 49 point 7% in. Supreme pretty big drop in they're seeing it even in order. What's the what's the generation under and Z and she's too young to air. Partner. Is sorry to say younger. So innocent. These companies are facing Agassi take a look at earnings reports and seen it. Drops and we talked about a whole generation of drinkers. That it and I see it in in my kids camera on the house of the need. They bring in very expenses. Date if they drink they drink last that he would be. With a mastery I could say that's too I mean. You know you go out five bucks you can get a craft cocktail here's what you need to understand bear so yes there are drinking less of those cans of beer that your not minding your trashed him anymore but each one of those cans is bigger. And contains twice the man. That's that's stronger so crap you're stronger. She sometimes it's upwards of 1% depending on what you. All so how many of those we give 8232. Unger. 512. Yeah. One area that some of these companies are going after which is not going to be feasible states currency. Constellation Brands as well as Molson Coors. Extra money. They're trying to get into the Kansas infused beverages and might be successful can and that's. Big test market and due to appear in Canada were steadily the right and man and if and when it's dale does come here. That's not surprised the only candidates roll outs have workers that they weren't done. You know there's conjunction liquor stores so yeah liquor industry the border to replace her opening all the stores for recreational camps when it silently or there are idiots on hold licensing thing and they know how to do that they know how to check identification. They gave their IIIRC. Years surprised by the inefficiencies. And dignity of state government have been real surprising to. Silly me that they coming back will be talk about the trade war. The financial exchange is alive on FaceBook so make sure to like your page and watched the guys break down the latest on the markets every day beginning at ten on the financial exchange radio network. Many of you listening today your probably retired or getting close to retirement age so have you taken the time to think about what happens if you or your spouse gets sick and needs nursing home care. What would you do if your spouse didn't have enough money deliver on because you're in a nursing home in depleting your acids by thousands of dollars a month how long would your money last if you share these concerns and you need to call Cushing and Nolan they've got a brand new guide this month told the difference between life to states and irrevocable trusts they can help educate you on how to deal with this problem. Your situation will dictate which product would be best for you have give the experts at Cushing in Dolan called then let them help you create a new state claim that will not only protect your assets from the nursing home but will also help protect your family avoid probate and potentially eliminate estate taxes fishing in Dolan has been helping families like cures for thirty years and they can help you to call 8668485699. That's 8668485699. Or download the guide right now on their website legal exchange showed dot com. After five year. Have no movement at all the Fed has raised the federal funds rate five times in the last sixteen months and two more rate hikes are expected this year how will rising interest rates affect your investment strategy Titus is very are strong and my team at the Armstrong advisory group has written a brand new guide about the challenges of investing any rising interest rate environment it's important to not make snap decisions and to always look at the big picture and this guy is chock full of information that you'll need to help educate you on making the right choices for you and your family. Interest rates can affect all pieces of your overall investment portfolio so don't miss out call right now 803934001. That's 803934001. Or download the guide instantly at Armstrong advisory dot com. Securities offered to securities America incorporated members in SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. Are you having problems the blocked sink or drain. What a leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently in believe me. I've had all kinds of trouble trying to get people who can come in and do capable. Qualified work I talked easy plumbing in their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices. Cult easy plumbing. Easy makes it easy they're experts they're knowledgeable they're courteous. They will be on time to take care of your issue and make sure that it doesn't happen again all you have to do is call today in your plumbing problems. They're history call easy plumbing at 781. 862. 1190s that 781. 862. 1190. Or he can visit them online at easy plumbing MA dot com for more information mass master license number one no. 183 again the number is 781. 8621190. Hi this chuck and Mike from the financial exchange in. One of talking a little bit about how to invest in any rising interest rate environment the Federal Reserve has raised rates twice already this year. The most likely projection. Two more hikes over the remainder of the year and Mike. Let's talk first with bonds when we talk about bonds in conventional US treasuries. How they tend to move as rates go up. Well that they tend to be in adversely correlate the price an abundance embers that correlated to the interest rates prevailing interest rates that are out there in this generally makes cents you know if if interest rates go up and suddenly you can go by that same bond that's paying higher rate of interest that the price of your bond is going to be less valuable this gets. Inflated the longer term than bondage so if you have a ten year bond that price impact is going to be a lot more significant than a five year. So effectively that the part of your portfolio that you typically think to be safe money and most stable. You might have to make some adjustments in order to make sure you know losing principled during this time if you have the intention of selling as rates are going up. That's absolutely correct and if you haven't made those adjustments already this year you've likely seen in impacts to your bond portfolio. Specifically when retirement that you wanna take a look at what's called the duration of your bonds. And make sure that's you know it's just at least in line with the overall marketplace and you understand the impact of rising interest rates on. Folks the Armstrong advisory group is put together a brand new guide titled how to invest any rising rate environment. It is free for you to get and only have to do is call 80393. 4001. Or go to Armstrong advisory dot com again the title is how to invest any rising rate environment and call 80393. 4001. Or Armstrong advisory dot com. 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. Marion Jones can know finances. It's good for you know Barrington judge. Leaving here for the financial exchange on the financial exchange revealing them work. US generals Norman Schwarzkopf. Led Operation Desert Storm which began with a massive bombing that Saddam Hussein's armies in Iraq and Kuwait. And dance from two it had the eleventh correct answer there is spelled. Correctly trivia contest has brought you by Arnold's lobster and clam bar located on US route six and east in Massachusetts their lead chef Susie is when the Cape Cod stuffed clam contest for the third year in a row. Get down Arnold's and check out their great food for yourself call 508255. 2575. Or visit them online at Arnold's restaurant dot com more information. I've maintained. From the very beginning. Then the trade war would be resolved before it could have an impact negatively impact our mid term elections. And I don't think anybody pays attention to mid term elections monitor namely pays attention to them at all. He's the certainly not until. September well September October would you would you guys agree I mean it's yeah it's usually in September sale like that certainly not an August. I would I don't know what better time to negotiated. I eat but I can be missing something here they think the Chinese stock markets down. It's in bear market territory so just to get a written down prediction your prediction is that we're going to have a resolution. Which trade negotiations before the gap before the I say yet I'd say you get something done. On NAFTA maybe not with Canada but certain Mexico which is the is is the bigger issue. In a did you get something done with Europe. And I think. If the Chinese are Smart and here's the problem to Chinese don't really care about the people. Yeah yeah I think you're missing something big here. They it's a fascist government can do it and then I want them but they they worry about things like revolutions and that it would happen in a place like China which is different than units it they'll start assassinating and killing their political leaders. If if they are and if they can't eat and that's what they do the the and that's with the date in China that's what they were about. Here we were about elections and polls there they worry literally. About bear you know there their political leader being assassin did. Man and again. Adam hey I'm not a China expert and I am. But I look at it and you add their stock markets in the tanks and yadda currencies can hit and soybeans and I really expensive in China and all that matters. But I. I'm not sure that there are leaders can look at that and say yeah a moment ago via dominant camera phones are here and on the table with the United States but if he doesn't. Do something with the United States and he waits until after the mid term elections things will get worse present to president will be empowered to really put the screws to him. That I don't know I don't I don't see it getting done so that's that's where we disagree you things I'm done on China before the mid terms I'm not buying and pay. I wanna talk Q does he read it is an on line rent collection product for landlords it's a great service for landlords allowing them to collect tenant's rent payments electronically. And see rent dot net. Without the need to collect checks most landlords that I know use a local neighborhood bank to do their business and now a collection of local banks are offering this unique program. Including leader bank and stowed a bank member FDIC. If you're landlord and you're interested in having your bank acquired disease rent technology. Tell them to called zero team at six 877. 6917900. That's 8776917900. Visit zero red dot net stopped chasing. Late down pain and down payments and running to the bank to make your deposits get your bank to add Z rent. To its list of offerings visit Z red dot net or call 8776917900. For more information 877. 6917900. Or visit you rent dot net. Exactly we do just talking about trade I I do think in the seems to be. Almost a deal ready to be done with Mexico patriots sound. That way and you know their time of the fact that can today still going to be resolved after this I think that if Mexico and United States agree on something candidates probably file. By any candidate can we have a trade surplus with Kenneth AME SI NS and appeal the owners can't understand that and yet that's in Canada saint. We're already getting expert. And if it's. If only they why would we would be willing to get spurred even worse. Canada's one of the few countries that would be the country country answer. I really do serious trading right now ticket in. Padilla looks like the the main issue with that Mexico is you know where her is going to be built and you know what qualifies for the easier terrorists and it'd. Main issue being an awful labor in Mexico had a lot cheaper than domestic waivers those people and catchers here in the states. Well in what the president is insisting on which is ironic is that in the new leader of Mexico's also insisting. Is higher wages for Mexican workers. And is Kennedy. And by doing that by forcing the Mexicans to pay a higher wage. It's this the resolution will be that more of those jobs comes back come active because American workers. Are still force appeared to Mexican workers when you look at their productivity levels in terms of what they mean factor. The stealth pension mortgage on your house so Tucker when you're looking at buying a house do you have assuming yours look and with the property taxes are all here. Absolutely yeah that's a big issue it is you know it varies from town to town obviously but it significantly. Whatever you think the property tax liability is an how's your body and not care whether you're buying a house in Florida. I don't care whether you buy a house in Connecticut Massachusetts. That property tax bill is going to be significantly. Larger twenty years from now. Then what it is today and I'm not talking about two and a half percent I'm talking. Property taxes are going to skyrocket. In coming years it looks that so that lady did studies it's the easiest way. For politicians to get there. Frazier park property taxes you know that they don't care about the value of the property. So it's taking a look at how big the unfunded pension obligation and our from state to state and that it expresses bad as a percentage of homes so while states like Massachusetts and New York have varied being unfunded. Pension obligations. The value of the properties are so high. That these these numbers actually don't look that bad habit for instance. The average. Unfunded pension obligation per house was 180000. Dollars in Alaska. 180000 dollars unfunded pension obligation per house her house that's that's incredible and that's because for the last forty years. People you know they have been put the money away for pensions they take it out of your check they if your copy see that money coming out your paycheck every couple weeks are going to be paid. And your put your money to the plan. But the state in which you live work and in the howdy in the town often times our top the money and that's why there's all these unfunded liabilities and that is why property taxes are going to absolutely skyrocket. In coming on average nationwide on fended unfunded state and local pension burdens represent 20%. A real estate news. Don't understand the house. Now they meet the think they do so why do you think that the property taxes arm so much more likely to go up and say statewide income tax on tentative deal with this issue. Now some states don't have income taxes right of Florida does an avenue income tax New Hampshire is that an income tax to an easy way to get through it. And it's a pass the Brady because if you raise property taxes. If they if they raise the property taxes on my landlord they gonna raise moderate rate they raise the property taxes and house that I own. They're gonna get the money he says it's a very broad based tax yet it's easy autism everybody. That's like the technical. And its attack at the some of these towns and they got to look at the town's two business reports that he indeed find out how BA's the unfunded pension liability town for town racy what kinda house Tucker and a tiny think there is taxes are cheap here. But they haven't paid their they've got the money list for the pension interest. And now him unity that can cause the value of your house to decline. Very he tried selling a house in New Hampshire today. That has a property tax or or in Boca. Right yet property tax bill twenty grand a year themselves don't want to use in only did the first 101000 bucks. You sell the year and have to take a back in order in order to rats for a New Yorkers are a lot of trouble we look at New York City property guys Aron did massive declines. Idea being arrested doctor Florida real estate agent right now about coming near customers grabbed. While evidence they use the EU go to Florida property taxes. Like knowledge New York. You'd you do the math on check your property tax or income taxes and yours city income tax the other new York city new Yorker. I test hails in comparison to get him. And you look at what gold stood for price and handled gold and it's down today despite the fact that Iran is courting. Where hoarding gold not surprise me a tailored. You're here and I Iranian citizen you know about. Hole what you sanctions are not snapping to. Stamp on your current spent here countries that currency and take it Sheehan now. And be really frightening to these countries without a stable currency. Yea see you see it happen and a lot of African nations where you just can't cannot trust the currency that you loans you have to. Yet awkward real goods they have to have real actual assets. In people have been raising it states just can't really fat and yeah the dollar. Is has always been stable it's it's worth its way then that's just not the case in a lot of different countries. On our poll question Tucker they QB relieved to see this. Lose our poll can be participated on going to website financial exchange showed dot com. Thus far. Fourteen point 8% of our listeners would in fact pay me to choose the center of their unborn child. Vs 85%. Would not then I thought it was going to be 9010. It's still easy a time at that to go to it pretty damn close at her. Participant well your prediction. Thank he got beat on either we. If you're still fortunately once cent off he would be he said ten minutes than. But it it fourteen point 8% would pay. In 85 point one would not pay. Not participate in the public vote financial exchange dot com up next will be joined by Tim Stevens from the scene at Roche showed take a look. At the 2019. Lincoln and KC that's next on and it took. During Q can financial exchange on the financial exchange radio network. After five years of no movement at all the Fed has raised the federal funds rate five times in the last sixteen months and two more rate hikes are expected this year how will rising interest rates affect your investment strategy Titus is very are strong and my team at the Armstrong advisory group has written a brand new guide about the challenges of investing any rising interest rate environment it's important to not make snap decisions and to always look at the big picture and this guy is chock full of information that you'll need to help educate you on making the right choices for you and your family. Interest rates can affect all pieces of your overall investment portfolio so don't miss out call right now 803934001. That's 803934001. Or download the guide instantly at Armstrong advisory dot com. Securities offered to securities America incorporated members in SIPC and advisory services are for the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. Are you having problems the blocked sink or drain. What a leaky Foster a shower. These types of minor problems can become big headaches if they're not dealt with quickly and efficiently in believe me. I've had all kinds of trouble trying to get people who can come in and do capable. Qualified work I talked easy plumbing in their professional punctual and thorough and all the work that they do so if you need a reliable plumber. With fair competitive prices. Cold easy plumbing. Easy makes it easy either experts they're knowledgeable they're courteous they will be on time to take care of your issue and make sure that it doesn't happen again all you have to do is call today in your plumbing problems they're history call easy plumbing at 781. 862. 1190 that 781. 8621190. Or you can visit them online at easy plumbing MA dot com for more information. Massa master license number 10. 183 again the number is 781. 862119. No. Many of you listening today are probably retired or getting close to retirement age so have you taken the time to think about what happens if you or your spouse gets sick and needs nursing home care. What would you do if your spouse didn't have enough money deliver on because you were in a nursing home in depleting your acids by thousands of dollars a month how long would your money last if you share these concerns then you need to call Cushing and Dolan they've got a brand new kind of this month told the difference between life to states and irrevocable trusts they can help educate you on how to deal with this problem. Your situation will dictate which product would be best for you so give the experts at Cushing in Dolan called then let them help you create a new state claimed it will not only protect your assets from the nursing home but will also help protect your family avoid probate and potentially eliminate estate taxes fishing in Dolan has been helping families like cures for thirty years and they can help you to call 8668485699. That's 8668485699. Or download the guide right now on their website legal exchange showed dot com. Hi this is very Armstrong and if you're a landlord or property manager I'm sure you've heard me talk about Z rent leader banks tremendous on line rent collection program I'm excited to tell you now about their brand new product called Z deposit this is another free program which streamlined the opening of tenant security deposit accounts three totally digital experience with C deposit landlords can open an account online invite tenants to entered their information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating account disclosure forms and will even send out annual interest payments directly to Tenet's disk call the Z deposit team to get started at 78164186. And 91 that's 7816418691. Or visit them on line and -- deposit dot net member FDIC leader bank a step ahead. Security suffered through securities America ink members finreg SIPC an advisory services arbiters securities America advisors think Gary Armstrong representatives Armstrong advisory group in the securities America companies are unaffiliated. What's hot and what's trending. The world of finance and go from Barry Armstrong and chuck saga on the financial exchange radio network. Diet. We're joined now by Ted Stevens from CNET Roche are talking to a spot between the nineteen Lincoln and KC ten thanks for coming on you know I just got out of the the car market has just shopping for a number of months for a new car looked at it on a difference a suvs. I'd get Lincoln's were a little bit out of my price range I was really looking that area but. What does this it was this car compare to in terms of size it's you know in that luxury crossover market that's really popular right now. And give me some comparison points and terms you know how big discards. Right to this day is on the smaller side for an SUV but still a pretty good sized car we're looking comfortable and like an Audi Q five or the BM WX region in the kind of mid range as he besides. But really what like you're trying to do that this car park on the other's views are really focusing on luxury people Audi and the BMW. And cars like the actor RDX are really focused on trying to beat Chordiant on an engaging. While also being luxuries the Lincoln really saying you know we're not trying to be exported we're trying to beat. Luxurious and comfortable and that's really what this car so. And how do you think it did I mean it's trying to go up against Audi and BMW those are pretty tough competitors. Are they succeeding with this car. Yeah I that I think they are in a lot of ways to get the new corporate nose on the car finally which makes it look a lot like the Lincoln Continental which I think is a really nice looking car so that helps a lot you know. Presence is what this really all about equipment because I think and in the that based. But also in terms of comfort is definitely more comfortable than those other cars again it's not going to be as engaging you'll be having as much on the trip is. But it stuck in traffic or just do in the morning YouTube will be more comparable than those. And I think the big step forward to and pricing also comes out very favorably when compared against Audi BMW so it is hitting a lot of marks. Okay suppression when he time to get into one of these things I mean I guess and give us the base price but you know actually if you're an outfit with some some decent set up front cost. Yeah exactly so base price of looking at about 34000 dollar which is the same cost of the outgoing and his season has gone up. If you want a little bit more well option you're starting at about 41000 or would reserve and the outcome a lot of options that we would recommend. About what you're getting into the mid to upper forties. But if you really have more spending and getting the black label option which is when can I get here are those start at 40000 dollars and into Europe the mid if he's. But that you'll get concierge service and greet our Washington a lot of that I think well they can get over the image that would remark. How does that serve to that price point comparison to the Audi and BMW that's who they're really don't know applicants and beating them on price. During price point it a little bit higher for both the BMW and the Audi but if you want you know if you go option option that Lincoln will command just a little bit cheaper American pretty good job. Today you talk about a lot of you know a lot of what you liked about this car was the interior of the luxury and there I mean is that chewy tape that's me that drove a little bit clunky or is it just not you know not the same to have a drive as you are getting from these other. You know performance type carts. In terms of straight line performance and actually can be pretty quick you can option with the community five horsepower 2.3 liter Turbo the same boat and especially in the eco boost mustang so in terms of straight on diplomacy can get up and go pretty well. The more terms of the handling the cornering more of the cardinal rule that more not be as responsive. But it is going to be more quiet a lot of those carpet are really good job of likely noise using economic inflation things like that meant this very comfortable car much more so than the. Could I put up one of those windows that would you know drowned out my children in the backer does that and I can stand on this. I'm not standard and our darker dark adventure or money summit agreement for a pitcher. Tim appreciate cal and on again that's between nineteen Lincoln and Casey and Tim Stephens from CNET roach into office about the state. Ted Ginn. Students last name to first there's always gets me confused about what happens is here that occur. I do NASCAR I did not end up at the Lincoln and Casey I ended up with the use. Do you strand the used Toyota Sienna which which may Miller's a in 25 Hulu would it have been if you're body. In eighteen. You know brand. 3540. And so what's that for savings 40%. Fifteen over forty. Already miles. 40000. Aka super drive that fur coat 14150. Merit. Maybe more I helps to I I hope that's the current an idea of mine girls for their first. Fourteen years from now but if the well. We'll see look at me it's easy save a lot of money. Buying a slightly used car you deal that's that's what I've found anyway and invite your game you can also I just heard. If you buy the wrong one at that if you do it once and had a bad experience I imagine that can really sour yet. Used car late one of my son's who has seen landscaping business bought it truck over the weekend. And he needs some help finance Unionists and all finance at four. But if you want to finance unit take your cousin who's a mechanic. To look at and you know what mechanic that he took. Found two things wrong with it kid and they're gonna be repaired before he takes ownership of that truck so. And we thank you need more people that's the this thing yet you have to be careful here it is. Is that unity by selling it too cheap rate your all you do is buying a really big repair bill and if you're buying a car that TV program the money to repair. The only thing that had made a little bit hesitant about trying to use one's. Really think the new safety features on these cars are pretty cool yeah do automatic braking between departure alerts that sort of stuff I find to be. Really intriguing technology. That I would like to have a car in my car but I'm not quite well and shot an extra ten to fifteen and I think you'll see too is that technology right now is clunky Lotta people. That have it turn it off yeah it they buy those vehicles in the turn off that technology has yet it's still clunky and not user friendly. Five year from now I think that's the will be there. After the Dow is up sixteen points the S and he's up six NASDAQ up twenty let's take a look at wanna get a price on oil that I think is the I maintain that's the big sticking point oil. Up a dollar 256974. We'll be back tomorrow with another edition of the financial exchange.