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Full Show 9-28-18

Sep 28, 2018|

Transcript - Not for consumer use. Robot overlords only. Will not be accurate.

This is the financial exchange with the very Armstrong and chunks of you're exclusive look at business and financial news affecting your day your city your world. Stay informed and up today about an economic and market trends plus get breaking business news every day. And now the financial exchange with the Barry Armstrong and chuck Exxon. Do you see here arrogant or he is stupid and speaking of mr. Elon Musk to maybe folks CEO quite possibly. Quite possibly. It this story about Tesla and Elon -- you've learned a lot about it the last three hours and talk about it today it's remarkable and if you are. Tesla shareholder. You have my condolences as the stock is down 33 dollars rough going to be talking about a major move that was me as a relates to candidates. And then we have a terrific poll question for hi everybody it's a Friday and it's very truck with you here on the financial exchange. Chuck this story. His evolved that I had a meeting with you this morning at about 840. And we've learned more since then. About Elon Musk let's dial back the clock to yesterday and talk about what we learned yesterday afternoon I believe it was around the work. Fourth thirty yet right around 4 PM the the SEC filed a suit against Elon Musk. Alleging that effectively. He made fraudulent and misleading statements. And that he should be effect with the biggest charge should be stripped of his ability to act as a CEO who publicly traded company and not be allowed to be a director anymore. Pretty much would not be allowed to have any position of control a publicly traded company a draconian action. It is but it you know it's if it's not unprecedented we've seen if things like this before. I think that the big thing here is that what the reverend complain it's 23 page complained he could find on the SEC's website. If you wanna go there and there's not much wiggle room for you on to get. Out of this well they offered him one heck of a deal at 840 and we really knows about to take. Yeah let's talk about because they do it in this park is conjecture. But we've got it from multiple sources that he turned down a deal from the Securities and Exchange Commission. That would of involved in Ream containing his position as Chief Executive Officer. But having somebody come in. And turn take the role as chairman of the board yup and then the SEC also wanted to independent. Board members to be appointed to the airport and frankly. Both of those are things that shareholders would have applauded I might have considered buying that stock can be taken that action. I would imagine that those things are things that Tesla shareholders probably want anyway to this point you know you you figure some adult supervision. But apparently you on mosque backed out of the deal at the eleventh hour. Largely citing that I guess he did not want to have this blemish on his record he didn't feel like you would have been he truthful to themselves but B letting go through like this. And so because of that. The SEC said fine we're gonna go through and we're going to sue you for newbies these issues here in any criminal here. B I heard this morning they're talking about it and on CNBC about. Gee is he gonna go to jail like I. I don't see that but I'm curious from here from you ran. I mean there's not that suggests any jail time doesn't look like they're not accusing him of insider trading or anything along those lines it's nothing in profit from the that he analogy it's certainly doesn't appear that he did. Put pretty much they're just saying look you registered it in you go through to complain again it's it's put together by inexperienced prosecutors you can tell they know what they're doing they said look. You went forward and you registered your Twitter account. As a place that you wanted to publish material. Materially important information. You'd then published. False and misleading information there by saying an August 7 in this is direct from. The SEC complaint. Musk made matier multiple materially false statements on August 7. In taking together his August 7 statements that the market participants with a false and misleading impression that if must chose to take tests and private for twenty a share. The only outstanding requirement to be satisfied was a shareholders vote now. The to be clear that 420 dollar reference was actually a reference to Canucks. That's what you on said yes it does it was really for nineteen and he rounded up because he and his girlfriend. In Julie. Participating in partaking in the key to carry camps now ultimately that there's two things that I've been thinking about when it comes to the future if not just. Tesla but also space X number one button. This the kind of hitting point it just the kind of being that may end up with his security clearance for SpaceX being revoked and here's why. Let's say that you are a foreign country could be Saudi Arabia could be. Great Britain any country to parity in whoever it doesn't have to be a friendly or unfriendly country to the US. You can go to Ilan and say hey look. I'll tell them that we had a deal for twenty but you've got to agree go help us make rockets OK it opens him up for all kinds. Of potential problems or could be fate will tell yes he we didn't have a deal unless you help us build rock lake now there's all kinds of problems there from a security clearance perspective. And then beyond that. You talk about just with Tesla they've got funding needs next week we knows this and now here's the problem. If you are inviting me the hybrid they need to 200 million in November. What the big ones they need a north of a billion dollars in the neck in the first quarter next year. So the big question that I have let's say that your investment banker Morgan Stanley or Goldman Sachs you know whoever it is. Eight if it's a debt deal. How the heck do you go out and say yeah I'll lend you the money known that you're CEOs being sued by the SEC. If it's an equity deal and howdy underwrite that and cell that tier clients. By what. With this huge risk on the table how do you price that so I look at this and I think there's existential problems for Tesla. Just trying to figure hey how are we raise the capital to meet with if your being sued by the SEC. And I think there's problems from mosque in his ability estate SpaceX while this is going on because it creates all kinds of financial incentives for him to be able. Do some pretty unseemly things. Attention the stock down 34 dollars or 11%. On this news now we've seen volatility with the stock I don't know how it's more. Well the thing and I looked at chuck was the blonde holdings and they have these five point 3% notes that are due on 20/20 five yes they're trading yesterday they're treating it EB five cents on the bill. 84 cents today. You know it's you'd go back and in the worst things dot. Earlier this year they were down to around 84 cents but you know you know I look at this and it's just. I don't president. Woody. He wants of the food production ought to test at a business with an eighteen months no really. If out of business of the I write down that you could either out of business of the intellectual properties bought by someone else and eighteen must I don't think they can continue to exist that is it publicly traded company on the don't you think if you are a team different perspective so he got checks their talk to media touting how they raise money. Well here's what I think happens I think he's posturing. And he'll end up settling before post trial minimum. Trial times a year if it did this and Betancourt SECs typically about two years start to finish if you look at the last two big ones they had the rush rotten rock. Roster runs a rotten and trial. That lasted about two years in the march grow a trial lasts for two years as well those are both from there war yes this one's actually simpler. And it and try to senator Eugene of this this one's pretty easy to be honest. I think he's done a few dozen senate I don't know how has raises the money they need if you're CEO is being investing not even invest it viewers you always. Subjectively lawsuit that the guy lacy has pulled rabbits out of the hat. Her five yours. Now with people. Not with people and and I. Question that he has pulled rabbits out of hats every product he's made he's been late in slow he got the government to give him it would with the US government 500. Mercedes invested in I mean it like to think about what everything he's delivered has been late. And generally hasn't worked when they first made it monitor deeds you know like remember the thing with the model X where the doors wouldn't open and stuff like that people are stuck in the cars on you know the new one the model three they've got you know bumpers that ball off because they would if he shows up in court with a document back dated. It says. Who's gonna pay a news sixty million dollars for the company and wide and they submitted here. Like why would you know. What is that guy loves the heat he seems to love that term this is in turmoil. This is that it is an an SEC lawsuit is not turmoil. That's potentially career and no turmoil has turned down a good deal that the seed that thing it tells me there's more to the story. Is he turned down a really good deal for I think he's knots. I eat I eat these I I gave him the benefit of the doubt there are a lot of this thing look like it's a bad look at oak. With that he's he's I think he's knots and I think he is delusional on this. Big boost in marijuana stocks yesterday Merrill on campus what are we want to call it. Let's talk about the struck as I think a lot of people will not understand it I remember interviewing as the years ago I interviewed a mother. Who had a child by the way. Before we get practice I was driving home yesterday and I was behind the Tesla model's three and sit them go where they gonna get that being serviced in the year the use I think here. I think you're scaring people I I don't think they're going to be and it does a worst case and how they fund raise their seats go is sued by the SEC's. Terrific. Yet somebody by why isn't it terrific. Terrific brands are profitable. Coca -- terrific brand Apple's terrific brand Tesla lose the the brand is not actually tussle it's Ilan have you talked to somebody who won their cars that it's like a cult it does they don't make money on these matters if it's. We can't people love their prize but that doesn't matter. How did they boundaries of Elon Musk is not the CEO apple buys them for ten billion that that's eight. That's a 75% dip from where they are today only as I this I I'd. Doubt very much but that's that's the tightness but I said there either gonna go out of business and IPs can get bought for pennies on the doll. That I think VI. It's too good product for two just good news. It's not. It's that they're good products that when that business. Audi and BH BO could get anywhere you to your point one thing it means. Mercedes and Audi coming out there yet at the end of the days just another car. You know it's you ever driven when you as well be right there but what you December there's other cars though like Mercedes can easily replicate the test. And like okay nighter on. I'm not so I'm not saying they don't make great cars but they've never made a profit. Companies figure out ways to make good cars and still be profitable. The guys are going too long in the story wrote talk about marijuana would come back marijuana and epilepsy is our next topic on the financial exchange. We wanna hear from. -- Steward diaries 263566. And let us know what you think about the stories we disguise your team to the financial exchange radio network understanding Medicaid eligibility is critically important to those of you may be retired or nearing retirement age changes to Medicaid occur almost every year and if you're not up to speed on the latest information you're assets could be at risk if you were your spouse need nursing home care Todd lets -- host of the legal exchange radio show and a partner with the law firm of Cushing and Dolan can help to autism expert and elder luck and he has a brand new guide of this month that will educate and inform you about Medicaid eligibility this guide among other things discusses various strategies that are available to save your primary home any rental property and even a vacation home if you have one once the nursing home comes calling. The debate over healthcare remains in the news and Medicaid is a huge part of that discussion so take the time right now to call 8668485699. And get your copy of dogs free guide the 2018 eligibility update that's 8668485699. You can also downloaded by logging onto our website at legal exchange showed dot com 8668485699. Or download it right now at legal exchange showed done John. 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 coach AZ 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. 1190s 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. Hi everybody it's Barry Armstrong NG two Lian we're talking about a program called Z rent. Now this is specifically. Designed for those of you who are landlords and used to collector checks with paper checks are gosh maybe still do. Will zero rent allows you to collect checks electronically. Jail is hoping he could spend a little bit of time explaining how Lizzy grant works and why it's a big advantage for landlords. Absolutely vary so we we develops he rained two out of me the whole race because right now. You know with the landlord when you're getting the rain checks in the mail it's low it's unpredictable. You missing envelope line in the post like a waiting human neck get all the rent until the tenth or fifteenth of the month furthermore if your landlord on vacation in your rinsing your notebooks up to what he does is it really digitize is no. It makes the ranked electronic payments it allows for roomy cheering for multiple roommates and apartments that's great if you're renting out to college student absolutely. It's predictable it comes at the same time every month and it's all on me. So the landlords who have been using assisting huge time savings and ointment do you are you still giving the first six months free for landlords the first six months or free and then in addition to that. If you bank it one of the participating banks he ran is always brief. Those participating banks are meter batons don't test the up and that any bank could sign up breakneck if you at a bank in Vermont to Connecticut. They could sign up and become part is the rent yup you your if you have a community bank that wants to be a member happened Collison will have and sign up and the service will then be free free. All right if you wanna learn more about easy rent. Go to Z rent dot net you give McAuliffe you wanted to 8776917900. If your bank doesn't offer it they can sign up for zero it go to zero rent dot net or call them told free. 8776917900. 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 stock tips. Stuck with the Barry Armstrong and shots it's the financial exchange on the financial exchange radio network. Chuck good drug. Derived from marijuana. This triggered the first federal shift on candidates in half a century and experts are predicting an avalanche effect. This from a financial perspective I'm looking at shares of till rate right now. They're back up to a 138. Dollars a share what they're suggesting. Is that candidates is going to have a legitimate. Medicinal purpose. Yet there seems like that they I hate looking at till rate is it's not a real company. The that that they're like OK it's a real company did not only allow elevation it's not real not a violation. You know to company that was up late at. 900% last week and then down 50% immediately after. So I look at this and this is big bouquet in particular what you have going on here. There is a drug called CBD which is short for. Can't be ideal I think is how you pronounce him not entirely sure but I think that's how you pronounce it in the DEA has changed the way that they are. Looking at this. And this is really the biggest change in drug classification in the last fifty years. They made this change in order to. Allow for the FDA to approve drugs containing CBD yesterday now. Which is not The Who loosened. It is so not CAC is the whose agency BD is another. The by component of of marijuana that has properties that are supposed to be. Beneficial for pain relief and columnists and things like that with anxiety without creating. The high that people typically feel and so pretty much what happened when the FDA approved this drug. Called epic deal Lex back in June which contains you know amounts of CBD. It started a ninety day clock where the DEA had to say yea or nay as to the change class vacation. The DEA said they will we're going to go ahead on this. And so pretty much what they did here. Is your mind they did not reschedule CBD completely. They rescheduled drugs containing CBD that have already been approved by okay. But this is the only one that fits the bill this point what it does mean though. Effectively if you build a drug with CBD. The the FDA approves him it's going to be scheduled in this way and it's going to be awhile and that's why the stocks rally yes exactly so pretty much it's a back door way for. Even though marijuana is not legal the federal level there is now a back doorway for drugs derived from marijuana to start making their way into the pipe. Well that's always been if you talked to canvas proponents. They've always talked for years struck for twenty years they've talked about. The medicinal benefits of campus and I remember of you interviewing the woman who had a young child and six year old Ernie your world. Who they use the CBD four to help with her. Epilepsy it was it was the only thing network worked. And they they could find a cure the epilepsy or to at least keep it habit yen and so this is it's it's a big shift you're still does open the floodgates and in a clear front door path to these drugs being able to get through. What Hamels noses under the tent that's what they say right that's what has that that's the old saying it. Bob backseat driver new car cameras may soon sense driver fatigue texting and other distractions. Way you know this can't get here fast enough that actually. Exists already and General Motors technology you're using their self driving technology in your easy you know gallon on the highway. There's a camera that looks at your eyes to see if you're still paying attention now there's another camera to look to make sure you stop your hands on the wheel. Well this actually believe it or not this is the wave that it's they actually. Teach self driving cars had to drive. Is pretty much what they do their camera facing forward and then one facing the driver. And so the car awards are based on the the near stimuli that come through the forward facing camera. They see what the driver does an okay here's what I do five CXY and Xena. I think this is something that is unlikely to make a real. Difference lies that EU EU said that I I I think. In the end I think it changes you make your truck. Are incremental. And deer lake slight modifications. We still in this company. Called co part and you remember it was a in John Kerry kept operator. And we'll bat and I told our analysts said you know she she looked data from the financial perspective but I said the second. That you start to see decline in accidents are an improvement in technology is when you wanna sell that stock because. Junk yard to pad and and auto part. Resellers have made a fortune over the last five years because of the increased number of accidents. I think this will decrease accidents now. You don't get most people are gonna turn it off just like to do no extra features that you know. We look there's so many cars now that come with lane assist in the you know warnings if you're drifting from one lane to the next season in most studies show that the majority of people who have those features in their cars turn them off because they think their annoying thing. So it's not that I don't think this is a useful piece of technology to it's that I think that most people are going to think it's a worthless piece of technology and turn it our from their car because they think it's knowing. But it would if they would it would if it's required language it would if you're insurance company he knows that you two are turned it off. And says while Pete turn it off or charge you 20% more is freer charts like I would I would use it if it saves me money in my car insurance I would say I would use. There's you know I found there are many features that are really required by insurance companies aside from seatbelts turn signal like he you look at them. Complicated things like this. Are typically it's it's usually basic mechanical things not something like his then you're gonna have OK how do you know which systems better in this lake. I need. I disagree I think this is something I think technology. Is good because accident rates have scope of people turner but think about it people know that texting and driving is bad they still do with what they don't care about accident rates yet they make Turkey in the old days. We didn't have to drive row seat belt and we'll know but then used it to is to deceive at least to disable or seat that's what I'm saying. They're not gonna say that you get used to this technology company. Know if they'll make the Lebanese have seatbelts now you're required to. Now the reason why drunk driver was finally cracked down on was because states we're gonna have their funding pulled if they didn't crack down on it later. Unless you do it at gunpoint pretty much people don't like to change their driving happens well we'll see Lucy I I think you're gonna see more and more cars coming off the assembly line. With Vista they'll have it I'm not I'm not so you just don't think people use I just that again you said people would you take their seat while it's often not yours and I think people gonna turn this stuff off they might in the short term. The Dow is up a point NASDAQ is down eight points and only come back and talk about a new route. That jetBlue just open. Like this on FaceBook and follow us 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 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 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 10. 183 again the number is 781. 862119. 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Critically important to those of you may be retired or nearing retirement age changes to Medicaid occur almost every year and if you're not up to speed on the latest information you're assets could be at risk if you were your spouse need nursing home care Todd lets you host of the legal exchange radio show and a partner with the law firm of Cushing and Dolan can help out as an expert an elder luck and he has a brand new guide of this month we will educate and inform you about Medicaid eligibility this guide among other things discusses various strategies that are available to save your primary home any rental property and even a vacation home if you have one once the nursing home comes calling. The debate over health care remains in the news and Medicaid is a huge part of that discussion so take the time right now to call 8668485699. And get your copy of dogs free guide the 2018 eligibility update that's 8668485699. You can also download by logging onto our website at legal exchange showed dot com 8668485699. Or download it right now at legal exchange showed Don John. Hi this is Barry 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 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 Tenet's -- called the Z deposit teen to get started at 7816418691. That's 7816418691. Or visit them online at C deposit dot net member FDIC leader bank a step ahead. Whether you're celebrating a milestone or diversifying your portfolio precious metals are Smart meaningful investment one -- and 110 ounce silver and gold bullion coins are now available at all -- bank locations bank locally and -- your gold locally -- just makes sense of -- -- -- and learn more call 8776917900. Or -- 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 -- back a step ahead this is a special announcement for all landlords chasing -- -- rent payments and making trips to the bank to deposit checks take a hassle out of Iran today with -- and -- banks all -- rent collection -- he -- automatically -- tenant's -- and deposited into your account visit WWW -- he -- dot -- to learn more we see rent your payments for each unit received regularly on the same day every month tenants pay nothing in the first six months -- free for all landlords visit WWW -- see rent dot -- to learn more or call 7816418691. Time now for Wall Street watch a look at the market's performance so far today the victim Marian jog right here on the financial exchange radio network. Markets are flat it is looking like Cavanaugh is gonna get confirmed would you agree that. Statements what what it seems like at this point yeah. If he did and I think that would cause not panic and it would make a difference not one way or the other markets now. Let's talk about. Job seekers. Credit checks during the hiring process can exacerbate. Already tenuous financial situations so. Quite frequently when you apply for job the employer that your replying to will sing a look if you wanna apply for this job you have to house to check on your credit you don't have to be you could say while not going to play for the job. But it needed job you're gonna say OK yeah go ahead. Yeah and the problem that people ran into his if you have bad credit and a lot of cases you won't be hired. Which kind of ends up making your credit worst is that all listen your outing come for longer bills pile up and so forth. And so what you see here's a case where a lot of people who don't have good credit and a situation where it's difficult for them to get back into the workforce. And as such build better credit. Piling on. Yes it that. The theory on it and you know I can understand both sides of that trade if you're the employee. It is here the applicant you're saying look I just wanted job on the show up and do my job on them to be your best employee. But yeah I've I've got to credit score 520 because I don't pay my bills on time. Not my question is just how does that what is a credit score tell you about an individual and their ability to hold down the job. To me it says more about their spending habits then whether or not they have. Yet viewed the skills to hold a job I know people who are very Smart they're terrible with money you have all the credit now but does that mean that they can't do the job now. Depends on the job and he acute fuel or. You know if you're working at a bank as a as a teller Mary then and you've got terrible credit your handling other people's money. I think you want somebody that you do your credit you do. If you are you applying for retail job. You know when what's what's the point where or sterility of your hand and tell you check in some video you have access to cash why you've got cameras and security. It I'd. I I can tell you as an employer and I would tell you this track it if I was running landscaping business I would check somebody's credit and if I had the choice. Hiring Tuesday had to equal applicants. And you had and they are both good workers hear him both twenty bucks an hour. One guy had really good credit the other guy had bad credit I would hire them if they're they're everything else is equal I still higher than the current. And the reason news you know that that shows punctuality. It should notice so punctuality paces but one time. Devin if he's shown to work on time what's the difference. He pays his bills on time but you see he's not paying works bills you can show if he's warning of the door because they don't pay nine to beat this house that Kenny and cut the grass he's going to be. I don't know if he shows up fifteen minutes early for the interview more concerned about that in his credit. You know I cried scores I think are help out. They're they're lazy you're a stick that we used to try to sail we know something about this person when we don't why do insurance companies use. Well that's a very different situation. It's still about personal responsibility no it's it's talked about the insurance are you you're talking about auto insurance companies using him right auto and homeowners. They'll both come both of those under rating tools. Will use credit. So interment what you're really it is in in those prisoners insurer in those cases a big part of his they wanna know if you're gonna have the ability to actually pay the deductible you say you will mail otherwise pay the insurance company could end up out of money just is that you can't pay that deductible now. I I I think employers. Should deal. To check potential hires credit scores by I've voted on our poll question that is our poll I think they should be allowed to but I don't think they should. You don't. Oh it typing I feel that you cited him I think in financial and businesses I think it's absolutely important I think it should be mandatory and is mandatory in a lot of financial businesses. I think if you're talking about a business that requires security clearance if you work for electric boat or somewhere like that. You absolutely important to your hand you you don't want that to be hiring some new that the potential for blackmail. But if you're talking about hey I'm looking to get a job at you know. Candidate like Parker trying to get a job at Cheesecake Factory I want a job at you know the Ritz is as a dormant or bellhop. About the crime and as a text out of the six or 324 with a 570. Credit. In short to work every day on time or early and Hartley missed time. Bad spending habits the bills are parent time and so well they're not paid on time at these points out that we could just starting out. Right you know your creditors and started 800. They could literally start you know now I need look IE I'm the odd man out evidently I think employers should. Check credit scores I do I wouldn't hire somebody in an I've worked in financial services for my whole careers and maybe I have a different perspective on it. That that is how I feel body you can vote in our poll by visiting our website financial exchange showed dot com or you can Texas or text number 63566. My first name at the beginning of your text message to share your thoughts and opinions on whether or not employers. Should be checking your credit score before they offer you the job jetBlue. Opening up and who route out of Boston. Yeah it's going to be 14. It just gonna run through the winter right now they're adding nonstop service to Palm Springs it's the seventieth nonstop destination between. Boston and other cities and making a lot of flights have Boston it's not it's always going to be operating twice weekly so it's not a daily flight that they operate and it's a short season and it's going to be going through the end of April so it's about four months they've done this historically a lot of these routes that they and in future years they opened up to greater service candidate they'd be test just to see haze there of the demand for this do we have enough you know passengers who want to make these flights to nice area he has ever been on sports once yeah ice on how I unfortunately when you and you have your little young I went mid July rule which like a 115 so exactly so we showed up to a golf course there. And for the only yeah the course to yourself with the so we we we showed up and you know there's a few people there and we walked in and they go. Hey you guys win the bet we're like what what's the bet they're right we are betting on whether or not you're gonna show up today the only team to win. As a guess we are the only people dumb enough to play golf and palms springs in July current but we are no joke the only people on the audible leader. And it's an idiot heatstroke. Probably. You know it if you only tell you you can Eamon might have a year Erdogan visuals is to dehydrated you don't even realize how hot it is you don't sweat just weeks off you sit down quickly because it's not drivable you'll feel like you're sweating. But to dry heat that's what they tell. Well DID the flights are gonna leave Boston on Mondays and Thursdays at five and they will come back to Boston. From Palm Springs in about 930. So some additional routes coming out of Boston and use. Folks are strong advisory group has been helping families like yours with their investment strategy for many years and whether you're working with our team or another advisor. What are giving some free advice finding the right advisor is not easy so Armstrong advisory group. Together free guide to help you through this trying process and by the way this is the last day of the month for September. So while it's not the last day of the month but the last three day of the month. And so that's actually the last time that we're giving this away. The guide is titled the top ten questions that you should ask your financial advisor. Such as he's your advisor fiduciary this year she sell financial products what other fees they charge you. These among other questions critical ones that you need to have the answers to before you make your decision Colby Armstrong advisory group right now at 800. 393. 4001. Request a copy of this guy at the top ten questions that you should ask your financial advisor. Once again this is the last day that we are giving this away. So vehicle make sure you call today educating yourself is very important and it's a huge part of this process so don't delay. Get your free guide today the last day it's available by calling 800. 3934001. That's 803934001. Or download it right now Armstrong advisory. Well. 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. On the affiliated. On our text line 978 writes Berry good credit shows responsibility I agree with you ninths and eight finally right. Very big guy with bad credit as a landscaper is more likely to steal equipment. How do you know why do you know. Guys battled what what Richards has been done on landscaping equipment correlate with credit that credit is not a judgment of character you guys just don't like hearing conflicting opinions I don't know I've great credit most people say in the crappy person and just that the 47%. To carry the man that shot at 8 AM but he's got a great program it. 47 point 8% say yes 52%. Say no. 80000 people die from the flu last winter the highest number in over forty years I will be getting my flu shot during the month of October sometime after. I got mine late last year I don't think I got my until December when but I did end up getting one but I'm gonna move a little bit earlier on this one just because last year spooked me a little bit now it was a really bad year last year again 80000 people dying of the flu or complications from it. Which is the highest death told the we've seen from the flu in this country. Since 197670. Cent what do you say to the nay Sayer the skeptic about flu shots. And then that when Nate Salley while the the vaccines only 40% effective to me yeah. Yes you are you in Arabic anti flu guy in Lusaka and we'll talk very. Doctor you're going to be having a new baby birds he had Charlie should get one now and so I'm gonna guilt you into getting more than anything else I'm gonna target ever really take our inherited all the guilt that was passed on to me by about other I'm gonna last words you know. Lucia on your. Which would Easter which tracks referring to an art is there herd immunity. Getting your flu shot contributes to what's known as herd immunity business insider reported last year. Having more vaccinated people and few were flu cases circulating in the community. Can help protect more vulnerable populations. Like the elderly. Young kids and people who are allergic to pollution. Because there are some people that can't get yeah I'm sure there are so I typically they do the right say you customer why will now. Yeah it rightly so is okay you got me sick that we are having a baby so lead the baby's sake but an elderly person like me. On scurry down a threat that's that's the thought that you call yourself elderly yeah. I'm embracing my old date a bouquet. And I'm. It would come back we're talking about mortgage rates may have hit a seven and a half year high what does that mean to the housing market that's up next on Benito state. This news financial news and what it means if you lose it's only right here on the financial exchange with Barry Armstrong and chuck sawdust on the financial exchange radio network. Hi this is very Armstrong I founded the Armstrong advisory group in 2004 and my number one goal has always been to preserve and protect the assets of my clients so I'm here to give you some free advice finding the right financial advisor is not easy and what do you choose to work with me or not I want you to be educated on how to pick the right person for you and your family Everett a brand new guide called the top ten questions you should ask your financial advisor how often can you meet with that and what other fees will they charge you these among others are critical questions that you should have answers to before you decide who to work call my office right now at 803934001. And request a copy of this brand new guide the top ten questions you should ask your financial advisor horse today by calling 803934001. Or download it right now on our web site Armstrong advisory dot com. Securities offered to securities America incorporated members in SIPC and advisory service is up with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities America companies are unaffiliated. Hi this is bury -- strong 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 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 attendance -- call 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. Hi it's very are strong and potluck eat from the law firm of Cushing and dole were here today with your legal exchange. Quick tip of the day were talking about your mom your dad gets sick legal and to a nursing home. What do you do know planning has been done tot. If a spouse enters in nursing home housing joint bank account or a brokerage account treated. It does acute bats might save my wife's name is on the count my name's on the count. I go to nursing home and nears half a million bucks in that account what happens that. Yes a lot. People thinking in this spot where your head with despair that somehow. How that. Bank account brokerage account is owned and makes the difference. And really it doesn't. So when you are married if all the accounts were in the husband's name in the life gets sick and goes in the nursing home. All those accounts bank or brokerage accounts are at risk not half not non even my hiring. Even your IRA. It's at risk Obama forward cam retired stuntman or one case at risk eight it does in this by and hope some people think all its joint. With me in my wife and one of us get sick only happens at risk. Not true. All at risk but it all on the cable to big pile of money on the table Richard and take out your 123000. Healthy spouse if you're single you only get to. How long did you live on a 123 outs that saved saved up 700000 dollars. The government's gonna take everything you have except for 123000. Dollars how long does your spouse or call right now and get the guys at 8668485699. Or download. Immediately at legal exchange showed dot com legal exchange showed dot com or call and get the darn guide right now 8668485699. To vote on our daily poll question had financial exchange showed John comer what you're there fire of the media player and watch the show while you work. This case the financial exchange radio network. This segment of the financial exchanges brought to you by leader bank if your. Looking to diversify your portfolio precious metals are Smart investment in gold and silver bullion coins are now available. At all leader bank locations call seven no call 877. 6917900. That's 877. 6917900. Or log on to lead back dot com for more information member FD. I see chuck help me understand something here I see the headline where mortgage rates are hitting 87 and half year high. But the ten year treasury. Is only three point 04%. Despite. The fact that the Fed raised rates on Wednesday which part do you wanna go into. Well Ike for as long as I remember. I was told that mortgage rates are tied to the yield on the ten year treasuries so yes if the yield on the ten year treasury was 4% that I could see where mortgage rates would be higher. The yield on the ten year treasury is actually three point 04%. It's pretty low. What's higher than it's been now. So if you look at where it was a week ago on 917 yeah it was a two point 99 so it's moved up five basis points at sent but I thought I saw earlier this week at 310. Well this articles from today tomorrow is mortgage rates are published. It's there's usually about one week lag just is based on what banks having their inventory and can so it's it's usually about a one week lag my guess you'll see a slight down tick next week. You know right now and as you said. We are now at a seven and a half year high right now four point 72% up from four point 65 last week my guess we get back down into the 46 is next week and housing prices are up nationally what 45%. The latest numbers we got from case Schiller were 6% year over year but that's a significant deceleration from the spring we're still growing around 7% so my guess if you're looking at. Can a month to month and how we're moving there right now who probably somewhere in that four to 5% nationally. But that's dragged up significantly by a few key markets like San Francisco and Denver that are of double digits still you. Per year I saw a documentary. On Netflix. Actions had to be couple months ago. Regarding this character named Scott Tucker who was running he paid the loan business got it talker. Scott Tucker Tucker must. Now is last name's Todd goes like Scott and talker noted that the no no. Is actually is guy Andy I think his brother was involved in those in and they were. Running a a payday loan scam as it turns out they would loan people the money but the and they were charged in the user since interest rates. And the government crackdown on sent him to jail I think guys in jail for sixteen years. Yes and to jail and also while mailing back 505. Million dollars of refund checks. To almost one point 18 million peoples of the average checks due to be about 400 dollars which AG. They that's not a ton of money that's about what they've forum yet it's it's about what they borrowed like these were small loans between 3500 dollars and along. Cases they are making payments on these loans was 75 dollars a week or 75 dollars a month I believe it was a week is like in the U it was a knots it would come right out of their checking out and you couldn't stop it it was just awful and and if you're watching argument would the documentary is called no right to know on neckties I know I've seen it there that it once did a really good job disease they put together. I believe they did and it was both sides of the they showed. You know talkers perspective on it and they showed the victim's perspective on it dirty money yet entered money as the name of it it's like a series. No no no yes it is it is that's issues. And I just happen to watch this one episode. Bad described with the spill was due to the example the interest rates were north of 600%. Is it and they showed the ruinous effect. That it had on families. The Tucker by the way is a appealing it sends Scott's got talkers. So confusing for our story our producers not in jail. Yeah the I just. Eight it's good news that people are actually getting some of that money. It and many years it is a media that this is age it's been along time coming in north of a million people getting these checks. John Mooney warned media today that he was concerned about oil prices. And he said Berry mark my words oil Brent crude not don't know west Texans yeah it's gonna hit a hundred dollars per barrel. Right now west Texas is trading at 73 and have a handle Brent it's probably around ED 858250. The what do you think he grade he's concerned about the Iran sanctions. I don't think anyone's gonna follow through on them you know you've had China India Russia and Europe all say yeah we don't know for really you know abide bodies now. So what happened pretty much do they sell their oil and like that Iran doesn't sell the oil costs so you don't think that the the year. Dead or rotten kid because they're the assumption chuck is that. Iran's productions gonna go down. And that that. Loss of production. Will be however the result will be an increase in the principals who here's where we're at the trump administration is said that what what they've said they would do. Yeah is that they would try to punish countries are entities that are buying Iranian oil. That's where the rubber gonna meet the road if they go out they start punishing these other countries then there might be something to this than if they don't that I I don't really think that you get up to that hundred dollar look at your trump administration do to China for instance. I mean in theory could sanction whoever they want to if if they did freeze accounts you would see an instant move away from the dollar the dollar plunged pretty much overnight and you see all kinds of there's all kinds of shifting that goes on. In the world if they do that I think this whole story as it relates to Iran has a lot to do like Tillerson left. You might be onto something there the any you might be on the on the news that was a big part of his reason for departure that any he couldn't get along with prison. The market is up the Dow is up 25 points the S&P is up points and the NASDAQ is up nine points we'll be right back. With a look at the next quarter's GDP. It's not too late to get a great grade and home mortgage leader bank specializes in a wide variety of purchase and refinance loans at some of the most competitive rates in New England a dedicated loan officer will work with you every step of the way and their local decision making means a pastor closing call lead 776917900. That's 8776917900. Or visit leader bank dot com member FDIC's equal housing lender. And MLS number 449250. Subject to credit approval leader bank a step ahead. Understanding Medicaid eligibility is critically important to those of you may be retired or nearing retirement age changes to Medicaid occur almost every year and if you're not up to speed on the latest information your assets could be at risk if you were your spouse need nursing home care Todd lets -- host of the legal exchange radio show and a partner with the law firm of Cushing and Dolan can help out as an expert an elder luck and he has a brand new guide of this month that will educate and inform you about Medicaid eligibility this guide among other things discusses various strategies that are available to save your primary home any rental property and even a vacation home if you have one once the nursing home come stalling. The debate over healthcare remains in the news and Medicaid is a huge part of that discussion so take the time right now to call 8668485699. And get your copy of times free guide the 2018 eligibility up to date that's 8668485699. You can also download by logging onto our website at legal exchange showed dot com 8668485699. Or downloaded right now and legal exchange showed Don John. 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 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 or use 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 781 at 6418691. That 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. It's the money matters radio network WB MW 11:20 AM and W 275 CN FL could cost him the money matters radio network. Hi this is chuck and Mike from the financial exchange were here to talk to you. About the questions that you need to ask a potential financial advisor Mike there's a lot of different types of advisors out there. And one of the big questions that I think people really need to pay attention to is. For your client but they must in fact be in the client's best interests can you give an example of how a fiduciary approach may differ from someone who's just acting as a broker for client. Yeah absolutely so when you take the case of Sam broker they have a slew of different investment options that they can use and let's say you're comparing two different mutual funds and they might both achieve the same objective. But one of them might pay the advisor a 5% commission and one of them might pay the 3% commission. Under those circumstances the broker's fee no free to choose that 5% product because it pays him more. Where has the fiduciary is going to be in a place where they must choose that product that is truly in the message their client and if they don't. Then they stand to face legal repercussions. Folks there's a new guy out from Armstrong advisory group this month that details all of the questions specifically the top ten questions to ask a financial advisor. It's free to get in only have to do is call 800. 393. 4001. Once again that number is 80393. 4001. If you prefer to downloaded on line you can go right now to Armstrong advisory dot com. Securities offered to securities America incorporated member finreg SIPC and advisory services are printer 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 it's so enjoy with 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 safeguard and an educational tools that help you recognize an elder financial abuse and what to do in response does it better values and better banking dot and help us take up the fight to protect seniors everywhere. 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Leader bank a step ahead hi this is very Armstrong I've been helping families like yours with their investment strategy for the last thirty plus years in what you're working with my team or another visor wanna give you some free advice finding the right advisor is not easy so I've written a guide to help you through this trying process it's the top ten questions you should ask your financial advisor is your financial advisor a fiduciary does he sell financial products what are other fees will -- charging these among others are critical questions that you should have answers to before you make your decision call my office right now at 803934001. And request a copy of this brand new guide the top ten questions you should ask your financial advisor educating yourself is a very important aspect of this process so don't delay get your free guide today by calling 803934001. Or download it right now on our website 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 the securities America companies are. And affiliated hi this is very Armstrong and if you're -- 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 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 attendance -- call 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 a step ahead. 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 the economic and market trends plus get breaking business news every day. And now the financial exchange with the very Armstrong and chuck Exxon. He economy is ripping it four point 2%. Is our rate of growth currently were to talk about what the projections are for the next quarter. We also have Aetna selling off their Medicare part. Straight talk about a profession. Where you can make half a million bucks a year by playing video games hi everybody it's Berrian chat with you here it's a Friday morning. The economy is ripping what are we looking at for Q3. Yeah Q3 it doesn't look like we are going to see a deceleration. Here. The Atlanta fed which has been hot the last couple of quarters and is estimating three point 8% they've commit about a half percent a bald. With their early estimates the last couple quarters is that all expect Atlanta. I I thought they were the ones with the conservative estimates are the ones with the higher arrest so that their early ones have not been good recently I give anybody had to pull yourself hasn't. He inland. In what way in terms of a trend where they'd. I don't know the long term of their last two quarters there they thought that second quarter I'm sorry. They thought that first quarter is gonna come in around four and a half in the second was gonna come in around five originally and they were way off wrong. So the idea here is that the tax cuts are getting companies to spend more money on research and development but maybe it's not happening. Mean that the problem is a lot of the company said hey we meaning find out about the tax cuts to late December. What I I think the big got a big additional piece there's you're not seeing a pass through wages right now yet yet not yet been easier. I don't know it's the tax cuts went through in December while not quite a year in 99 months the the I think the thing that will cause we just increase as well the truck will be retirements and you're gonna see. In yet tremendous wave of retirements coming through. At some point you have to pay people to take those replacement jobs just hasn't happened you know wait in literally running 3% wage growth. 2929. Nearly caught three. At selling their Medicare part. I think they're being forced to by the Justice Department in order to go through with there. Plan requiring by CBS can. Our biggest part of that really so. You know in order to make sure that it's not running up against anti trust issues and if it sounds like the Justice Department is neo making sure that. Hey this is going to be too big a deal. And then Tucker this radio thing doesn't work out for him I found a lately can make half million bucks a year now how some. By pulling for night. Supplant them march importantly needed to lose it is how how much you make. I zero dollars and spent zero dollars that's the key thing this guy nick Overton. Is the is is I guess a famous bear night player and he's not even that means he's not. Heard their guys out there that are making a million bucks a month explained it's patently using it are they going into tournaments and you know are the compete like should they pay 500 dollars to enter turn and walk away with 121500 dollars and they win. It could but that's not the main way they make it all there's there's the tournaments are small piece of it. The bigger ones are they get people watched the streams of them playing these games sponsors and those streams are sponsored. So they have sponsors and or the stream you know as a sponsor. And in also a lot of these streams also out ways that people can donate to these people just for watching it and that's a big chunk also fraud these top guys leasing extremely talk about YouTube. It's called twitch Kelly owned by Amazon was bought by Amazon. And pretty much they are the go to place. Four streaming video games if you want to the website that he can go to if you're sitting in front of computers which dot TV. And I can go on right now and and let's say that I wanted to watch a case there's a 145000. People watching people play fort right now there are 57000. People watching people play if beef in nineteen at the moment it is that it's that Sox are soccer. There are 44000 people watching other players play counterstrike which is another shooting game. How old justice be the ones which this whole watching people play video games it's gotten big in the last eighteen months it probably goes back. Five to six years when you when you get your kids is this thing now now this it's in a way I was like why though we do you. He helped me understand why I would watch somebody play knee. Say what you watch someone play hockey. Why did you play hockey you like the sport that's competitive you know now it's it has I I don't understand it. But it's the same thing it's say I've played beef and I can watch the best before players in the world you know that's that's what it is. Keep in mind a hatter a tournament recently I had impetus for nine it. Is that Brooklyn arena and the candidates with a Brooklyn nets Latin Pia and they completely sold it out. Watching people play video we have some and they were cheering like it was an NBA playoff game what area where the plane down on the floor and he got out of their whole lives go different screens up on like the Jumbotron soupy sucks on the Jumbotron sales picture it like it's a concert. And the players are facing out towards the crowd. On their computers. And there but there's a giant screen we watch him play. It is sold out dog IE I hear it I I've I just don't understand. It's new you know it'd guess that's the key thing. But I admit when that they're trying to promote this game over watch would be over lots league which actually is at twenty different teams that's what was struck that it sold out theory was that what it will Nestle in the gala brought involved. I think they are yes and Syria is that the laws don't watch is the Boston uprising yes and the the members of that team like they did call her roster just in case you want to know who's on the Boston over and he wanted to name names or the 6 I am I am so so will go I guess in order of maybe you have numbers. So will this give their height weight two you know I I all over 300. And look out here we yo I'm I'm. And we've got that the main tank for the Boston over watch team. Is goes by the name Gansu. And his name is no young Gian from South Korea. The main support person for the team is Christian Keller for more Ross glide Denmark. He goes by hell acts as his name. And then the off take is Lucas Meissner from Gary candidates with a tanker off tank in the there. So I always hear professional players there yes and a yes scraps a team so Bob Kraft has these guys under contract he passed them. Yet the the Boston the other this is yet teams owned by the Kraft group. And they are 26 and fourteen this year they are in there are better ways to treat her for a third place in the league. And it looks like they won 225000. Dollars in prize money this year they came in east in the playoffs. I've read that they're more people watching twitch men CNN yeah. Oh yeah on right now that's probably close to notice alienate so apparently. The the Boston uprising also have an academy team for up and coming players can. So there are six people on the passing of each of the players played meets he probably book. And I know I know when they were signed so it has all the signing dates and everything like that we check on this one guy this one guy actually has his. He's got his own Wikipedia page is gy gam sue Saudi press gift Suu Kyi 64 years old. He just play games and people watch so they can learn tricks on how chair of the game to get the idea. Yeah it's again I don't do it but this is. Huge now anyone pretty much for maids. 1010. And up is is interest in the stuff. Because he used to be where you would tell your kids not to play video game the cool kids play video games now it's it's weird. The cool it's the cool kids play video games now stripped and then they come into school the next day and it's all you guys so would Jimmie did plane explode like. That's what it is easy. Just boys are no play now it's across the board. So girls aren't too sure yes. And it's a whole new world eight it really is a world. Hey we about poll question today and we haven't talked about yet but it has to do with the employers checking. Credit backgrounds in doing credit checks before they hire somebody do you think that something that employer should be doing. We had a spirited conversation about it the first hour I'm very much in favor I think somebody's. Credit worthiness is a reflection. On their integrity and then on your character. Many of you disagree this and that back most of you seem to disagree perspective on that. Give example like great well actually people are back now give me an example I have I have great credit yeah I quit my first job after today's that in like. 54%. Of our audience agrees with me that you should check credit before our but he. It was already here that 45% saying no you could participate in the poll by visiting our website. Its financial exchange showed dot com or. If you want text that's you can Texas tech's number 63566. When we come back or talk about the fifty million people that live below on why shall fort night during the break actually. Fifty million people in initial load the officials poverty level. And we're to talk about the worst town in your state will cover all the New England states in Florida and we'll tell you which town in your state is the poorest. In your state that's next on the financial extra. Have a question for Berrian jug. Now you can text us at 63566. And take part in the show at any time you start your text through keyword Barrett and join our exclusive club. Days as 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 believes that era law. Unify against bullying once he surgeons know they are far from alone in the air supported by a loving caring community of fellow students teachers parents and Brothers sisters business leaders and others unified against bullying when we stand together. On. Ike and York Armstrong advisory group has been helping families like yours with their investment strategy for the last thirty plus years and where they're working with them or not they wanna give me some free advice finding the right advisor is not easy and some call right now and give their new guide called the top ten questions you should ask your financial advisor if your free guide today 803934001. Or download it right now on our web site Armstrong advisory dot com securities are produced series American corporate remembers him as a PC advisory services are there securities America advisors incorporated Barry Armstrong represented if Armstrong advisory group in the securities American companies are unaffiliated. As senior retirement age it's very important to make sure that your state is in solid shape and if you listen to Todd lets these weekly show the legal exchange you know that he's an expert on elder life in the state planning. The Medicaid rules change almost every year in time as a new -- -- this month to educate you and the most up to date facts regarding Medicaid eligibility there's so much important information to have been among other things this guy will show you what can be done last minute to save your assets when one spouse is entering a nursing home all right now 8668485699. And get your free copy of the 2018 Medicaid eligibility update today let the experts at Cushing and dole and help you protect the assets you've worked so hard to retain their new guide the Tony eighteen Medicaid eligibility update by calling right now at 8668485699. You can also download it by logging onto our website at legal exchange showed dot com Cushing and Dolan has been helping families like yours for more than thirty years and they can help you to call 8668485699. That's 8668485699. Or visit legal exchange showed dot com. Hi this is very are strong and if you're a landlord or property manager I'm sure you've heard me talk about he 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 tennis just call the Z deposit team to get started at 7816418691. That's 7816418691. Or visit them online. C deposit. Dot net member FDIC leader bank step ahead. Are you having problems the blocked sink or dream. 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 that 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. 11971. 8621190. Or you can visit them on line at easy pony MA dot com for more information. Massa master license number 10. 183 again the number is 781. 862119. No. The financial exchange. All murdering an and also now in West Palm Beach, Florida. Check out our website had financial exchange showed Doug come and find the station closest to you. This is the financial exchange radio network. Have you ever had a clogged drain and called a handy manner drain cleaning company with them or they're not licensed to qualify to repair the cause of the clogged. Don't make that mistake call easy plumbing they'll make your drains flow smoothly. And keep it from happening again they're experts in this area and trust me when I tell you there'll never be in need to call anyone else call easy plumbing 71. 8621190. Mass master license number 101. Have you ever heard of new square New York. Now what is that. It's the poorest. Town in the country. In the country highest poverty rate and snapped percent recipient. Recipients. And recipients for simplicity of any town in the United States or 70%. Of the population. Lives in poverty where in New York is it. It is actually easy it's all square itself. Just north it's an iron in US just over the bridge. Captaincy that's not where I would have guessed him me neither. Everybody up near Albany somewhere we have a list of all the states in the country will mantech. Connecticut is the poorest towns in all of Connecticut. Pound median household income is 34000. Dollars. In the town poverty race 29 point 7% to good sized count 171000 people. Yes certainly is continuing down the list of in this is really you know we have one from every state. Florida to Brownsville Florida now tell meaning and median income is only 19100796. State median income is 4942%. Of the town's residents live under the poverty line this new Brownsville. East port Maine you go to east port means the town median household income 33000. Dollars. 18% of the town's population is living in poverty but the town is only 1390. People. Yes you know what these are small towns that you look at some of the ones in West Virginia it's town of 4000 people Wyoming it's town's 3000 people. Webster mass is pretty good size town it is a and that's Webster mass in is that. Has median income of 44000. Dollars. And 16%. Of the town's population lives in pop poverty town population is 121000 people. Gets decent size and he goes through its I want to get through albeit early in New Hampshire I think was the other one on the list you know that has a town poverty rate of 19% 101000 people wouldn't. Did you buy new Vermont I did find the modest towards the back actually. It is. Where the heck is it. Beriault bellows falls in and then central falls Rhode Island is the most impoverished town. In Rhode Island 20000 dollars of income. And that central falls is the when the went bankrupt or they are ultimately has his pension the defaults up. That's the those are the most were towns in the in the country. Follow that story though is minimum wage at New York airports in the nineteen dollars an hour. Yet this is going to be all three of the major airports that serve New York City that's JFK. Get sorority. Oh in new in new work so in New Jersey through and so this is going to apply to while most workers at these airports including baggage handlers cabin cleaners caterers. It is the highest targeted minimum wage anywhere in the country. I would imagine a lot of workers at these places have to be above that to begin with just because. In that New York area to be able to get someone who can pass the security you know checks that you need Norton worked in an airport. Yet you probably have to pay more than just minimum wage anyway is it. Over bridges like losing eat products. Something like turn avoided if at all possible it's crazy it's not York is unity think. New England is that a new York and holed it from being South Florida is bad terms of expense. Is go to New York in and try to go out to dinner meeting here are grew do anything here they get a hotel rumor try to park your car or anything. And currently the war at these airports. At LaGuardia and Kennedy is thirteen an hour but it Newark it's just 1045 an hour this will so again if he or at Newark this has the potential to be game be big increase there. Carolina Panthers signing a free agent named Eric Reid now he was involved with tapper a sneaky one of the protest venues the second data to demean. He was and he actually has an outstanding. Collusion case against the NFL for not effectively not hiring him now if LPGA has also filed a grievance on behalf of him he's a good player. Their yes it earlier and I'm I'm curious what this does to that case you know. Knew if someone's hiring him at this point to go you know as he could still make the case look you know I should have been paid more and so forth based on comparison did you notice who signed. Who was at Carolina David tepper he's there in program he took over member of the all the owner of the Carolina Panthers had to sell the Williamson there because he insists sexually. Was Williamson. But he he had to use a forced sale. Of the team to this private equity guy now tepper used Richardson not Williamson chariots and Richards Jerry Richard. Now tepper they'll get used to own I think 10% of the Pittsburgh Steelers he had to sell that interest. He buys the Carolina Panthers. And I wonder. Music or some kind of a deal here when he bought the team where they said DelHomme look we will assign her greed. Help us out me. I don't know my way and I thought of that reads a good player. I hadn't thought of that. It certainly is possible I mean the other the other possibilities is that NFL owners are so bad things they can't even pollute properly you know you know that's that's the other thing that you could be looking or maybe this guy's just rogue and just said I don't care could be his new owner he could say look I don't care it's not like Wimbledon I what I wanna win. Not from what I heard yesterday isn't this National Anthem protest was team brought up at the negotiating table. With no worries yen noted just purely on football sick so if it airing of the players taken in any future. Haven't seen and we don't know because that meant broadcasting as far as I could see the wood in the media be reporting it if they were yeah they would. I I do I haven't seen it. I heard the first week I think there are a couple of dolphin players. It took a knee is as looking for him but I haven't seen any reports of that in the dolphins play he. In New England on Sunday sega's of the of the find out depth. You know I I haven't seen anything in the last three weeks. I guess they eat and can't predict is still unsigned right nobody will touch him he is he does he still does have a lawsuit out against the NFL at this point. I don't know he wants to play football by the way. A CO part of that. I thought he had a tryout with the Baltimore Ravens and was ready to sign with them and then they told him. If you take the needle point two and he says. A you might be right but I didn't seem now you dial idol Adam no not sure. It it's I see here you NFL ratings Bentley TV ratings are a pitcher that. It's been better games this year like my big criticism last year as the games were awful. It's been better games and just say that this compares they I was surprised how good to try and let us so far in the carrier patriots fan. Even though their better games though. Like I belong blasts and it was all that was Illinois went as all ought to think about like third for patriots fans how many games each year would you be done with by the first half just because you say look like they're up by fifteen points you know where they're gonna lose this you kind of go into them now and it's like. This what you get kind of interest and is going to be it's like it it that is if they about what if they go for twelve. Me think that we're not worked well it's the I guess I would it would if what you think the pace here is that you went on the traditional or what do young what do you think that what you think the patch record's going to be the end of the year. Eaton. Eleven and five. Yeah number 1152. Real parent user optimistic in China goalie the rest of the league is so bad write that down. Donna you sure can write it does what. The Dow is up 57 points when we come back Greg talk about a new law. It seems to make work hours more predictable for employees. That's next on the an extra. The financial exchange is alive on FaceBook so make sure to like your page and watched the guys break down the latest on the market every day beginning at ten on the financial exchange radio network. Understanding Medicaid eligibility is critically important to those of you may be retired or nearing retirement age changes to Medicaid occur almost every year and if you're not up to speed on the latest information you're acids could be at risk if you were your spouse need nursing home care Todd lets you host of the legal exchange radio show and a partner with the law firm of Cushing and Dolan can help Todd is an expert an elder luck and he has a brand new guide of this month we will educate and inform you about Medicaid eligibility this guide among other things discusses various strategies that are available to save your primary home any rental property and even a vacation home if you have one once the nursing home come stalling. The debate over healthcare remains in the news and Medicaid is a huge part of that discussion so take the time right now to call 8668485699. And get your copy of -- free guide the 2018 eligibility update that's 8668485699. You can also download it by logging onto our website at legal exchange showed dot com 8668485699. Or downloaded right now and legal exchange showed Don John. Hi this is very Armstrong I've been helping families like yours with their investment strategy for the last thirty plus years in what you're working with my team or another advisor wanna give you some free advice finding the right advisor is not easy so I've written a guide to help you through this trying process it's the top ten questions you should ask your financial advisor is your financial advisor a fiduciary does he sell financial products what are their Beasley charging these among others are critical questions that you should have answers to before you make your decision call my office right now at 803934001. And request a copy of this brand new guide the top ten questions you should ask your financial advisor educating yourself is a very important aspect of this process so don't delay get your free guide today by calling 803934001. Or download it right now on our website Armstrong advisory dot com. Securities offered to securities America incorporated members in SIPC and advisory services are securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities and our two companies are unaffiliated. Are you having problems the block sink or dream. What 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 that all kinds of trouble trying to get people who can come in and you 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. Cold 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 calming at 781. 862. 1198 at 781. 8621190. Or he can visit them online at easy combing MA dot com for more information. Massa master license number 10. 183 again the number is 781. 862. 1190. Hi this is chuck and Mike from the financial exchange were here to talk about some of the questions that you need to make sure you Astor financial advisor if you are considering hiring one and Mike what are the big questions that I think everyone needs to pay attention to is actually making the investment decisions when it comes to what goes declines portfolio what what types of different situations and be seen as ours who makes the investment choices in portfolios declines. I can vary significantly I mean everything from TO a small independent advisors action running all those portfolios and investments themselves to completely hiring that entire piece of the business out to a third party why it's important that you understand which one it's happening is because you want to make sure a the person that's making the investment decisions has the qualifications needed to do so. Understand the markets maybe has a chartered financial analyst on staff and B if they're not doing it themselves are there any additional costs to using a third party for the service lets talk about that second piece of particular how much additional cost you end up running into if they're outsourcing that management oh well I mean I I've seen numbers as high as in other full percentage point if not more during the case where say you're paying your advisor 1%. And they're using a third party money manager you might be layering on an additional 1% cost mainly double the cost of investing for you. Folks the question of who makes the investment decisions in a client portfolios just one of the questions you need to ask a potential advisor and our strong advisory group has put together a list of the top ten questions that you need to ask a potential advisor all you have to do to get it is call 800. 3934001. That's 803934001. Or if he'd rather get it online you can go right now Armstrong advisory dot com once again that's our strong advisory dot com. Securities are pretty securities America incorporated member finreg SIPC and advisory services are printer securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities American companies are unaffiliated. And include. Barry show can the financial exchange on FaceBook FaceBook dot com slash the financial exchange this is the financial exchange radio network. He may have come across a situation with a family member where. I don't know what's your on your uncle your mom your dad might be your spouse. And they get sick in the go into a hospital in the hospital says G. They're not healthy enough to come home they need to go to nursing home and chuck what happens often times is people are kind of pain they don't days they're so worried about the health of their loved one. They don't understand the financial ramifications of that action. No its key reason why that planning likely should be done well in advance of the you're dealing with that at the same time you're going through you really emotional situation. Joining us now to talk about how to do that planning in advance is talk a lot ski partner with Cushing and dole and Todd appreciate you joining us today. Thomas let's talk first a little bit about just Medicaid in general. What exactly is the Medicaid program and want why is it applies. Two years situations when someone is going into nursing home. Well pick a constant gardener in a moment or try it right it's about. Fourteen and 151000 a month and you know someone's going you're I mean you can't play any. That's quite a big number in the surviving out there and I'm worried about losing all my money in and if there's a way to get. In other governments but hey. Orders a bill then why not and so that kind of talent comes into play it's it's it's the government Oprah. So when you're going through the Medicaid application process is there an amount that Medicaid allows you to keep that this say hey this is money that you can keep. Even though we're gonna take everything else. That's right and and and I think two things are set that are important particularly know art. For the amount here he'll be out but we're talking about a married couple eat it get to keep our 120000. And that there. But it appears single person you'll only get 2000. That's a difference. It that you are prepared a compliment is that expect everything else are what people say oh my gosh I'm gonna do. Everything else and that's true. When I knew what the current. Our goal that. So I think that's true record collector car but I think the thing people don't realize there's. Well we always. It may advance planning that. The best way to go. We know what there's people who are faced with their own situations. Either because they couldn't get past the partner planning roll or. This is thrust upon him accidentally in a bit worried about losing everything I can apparently there are Lara of Spain. That can't be done in fact I have an example of a billion dollar estate where are they are heading in one we're heading into the nursing. Even with two billion dollars in back. It any other city investment. We can get that person on Medicaid right away. And they'd be out as where the hell. Out of it and went and there are some people don't real. So I just wanna make that clear it what you're saying is that look at the best time to do planning is in advance but even if you're not through that five year look back or even if you haven't considered this to this point. You're saying there are a last minute things that you can do. Not that make a difference of a couple thousand dollars but you're talking tens of thousands the hundreds of thousands of dollars and difference. Absolutely you can even get more than that. And that's the important things as that helped ease about the whole thing. It with the rest of my life and I'm worried about it in any critical angle I don't want only single people out there are. On the last minute or single people again advanced planning always the past. But even for single people don't just think that the failure got to right the fact. There might be something to do and that's why we try to put together that got. Very good Todd we appreciate you joining us and thanks for the info on this. That is Todd let's keep from Cushing and Dolan and what we've just talked about was scratching the surface on Medicaid eligibility in ways that you can protect your assets. A cushion in Dolan has put together this guy called the 2018 Medicaid eligibility update. And since this is do you last weekday of the month of September. It's the last day that we're giving this guy away you won't be able to get it after this so you've got exactly twelve hours and twenty minutes to go and get this guy. And the only place that you can get it today is by going to legal exchange showed dot com. Once again as Todd said the best time to do your planning whether it's for yourself a family member whoever it is. This time is an advanced but he gave an example of a two million dollar state that he was able to be able to provide significant protection for as well. Again the guys the 2018 Medicaid eligibility update today's the last day to get it we are not given it away anymore after this. And the only way to get it is to go to legal exchange showed dot com once again that is legal exchange show dot com. The minimum wage that workers earned has long been a matter of public policy. Now some city and state governments chock. Are weighing how employees' hours are set in an attempt. To give shift workers more predictability. And stability this is the first paragraph in today's Wall Street Journal article. Regarding. Employers like mcdonalds for instance. Having just say to their employees okay we're gonna schedule you and we're gonna tell you two weeks in advance what you're shift is going to be what kind of our you're gonna get. You know when I read that first paragraph from sin and don't lose seems a little bit nuts. And then as I start to go into some of the details at okay some this makes cents on giving examples so they are talking. About you requiring companies disk gets to set schedules couple weeks in advance. In particular place where you see this being important. If you have single parent you need to go out and buying care for their kids while they're going out to handle shift. What time's going to be able to do that in advance of McDonald's tells you hey you've got to come in on two hours' notice. You might not be able to find someone or your student. If your student is AGI class gives her meeting with a professor I had this schedule. So I think things like that two weeks in advance make an awful lot of sense. You know requiring rest periods between shifts that someone can't just back to back to back you you know it's a Kagan do three ships in a row. With no rest period between there. I think things like that makes sense why I was nervous this was going was saying hey you're gonna have to require people to work the same hours every day every week. And I think that's not so I don't think that's realistic in a lot of retail environments to do that. But saying hey you can't just surprise and poise by calling fifteen minutes ahead of time as saying we needed to work now and you've got to give proper note. Ironically a study released earlier this year examining stable scheduling practices that gap which is a retailer yeah. Found that labor productivity increased 5%. And sales rose 7%. When managers did things such as keep the days and times of worker shifts consistent. From week to week so. Turns out Yahoo! eat it may be an inconvenience for the managers. But they're gonna get higher rates of sales and happier workforce and a more productive workforce when they do. Human beings like routine. Yup they'll reschedule yes they they they do it's just you look at just about any studies of you know kids growing up in neighbor team is a big factor in in being able. To be successful on a case. Apple incorporated shares headed higher in Thursday's session their flat today elections at their thirteen cents today. That they received one of its most bullish endorsements from Wall Street an analyst at JPMorgan. Says Dick they're gonna sell a lot of these expensive phones I've been in an Apple Store. Three times. Since Sunday why. Well once on Sunday we went to try to get my battery replaced. And and the line was too long so to make an appointment we have and I made an appointment. And then I dropped it off yesterday. And they said OK you've major appointment it's going to be an hour and forty minutes to have it repaired so I left and went to the general some time out and went in and give backs three different occasions since Sunday have been an Apple Store. It was packed has your battered and today if you noticed any improvement I did IE I went for the battery replacement and by battery they do and and they run in an analysis. Yeah on your battery. I minority charged by battery 615. Times. It was 84%. Which is actually pretty good that's up it's still 84% effective yep yep but I was in the high eight. Degradation period meaning bet. If I didn't replace it now is thirty bucks you'll pretty sort of fifty quickly you do and now with the new battery. Heck I'm probably good for. You know another year and a half anyway two years so I'm hoping interest and so on I'm I kept I've gotten old I pulled seven them just keep an. Yeah and am quite happy. Have you upgraded to new IOS yet I have have you checked what year how much screen time using. They send you actually report once a week in not happy about it so I I've been checked I don't unlock that report. I like it shows if you I've been checking up on my I don't like being reminded. We're out here on your phone calls it the only thing I'm really using my phone for significantly. I used by phone eleven hours last week about an hour and forty minutes today that's the half of that rather about two thirds that I'm sorry. Was just safari just browsing Internet stuff. Beyond that Google Maps I used for about 45 minutes messages for about half an hour CNBC for about half an hour mail for twenty minutes and nothing else was about twenty minutes for the week that's great so you said you're averaging an hour and a half. Today. In our 36 minutes today I beat you. Start here it is done nothing to be proud of about Utah or damage time he spends. And on average had. That's amazing thing about you look at your donors are spending 800 going to your settings ya. And down there and go to that it's it's scroll all the way up to the top of settings in the one at the bottom of the screen to screen time for apple to do not disturb right. Click on that yeah and now and what did you try to do use it will not it's it's just for today is duke took click on the name your phone and near the top yeah. And then you last seven days. Minus three hours and one minute via its it's in and out what you think about the societal change right so. I think the average check your well below the average about three to four hours day now and so think about what's happened. In the last night I was watching the football game in my phone. You know balls yet it would and have the time you might be watching a football game on TV in the browsing CNB CN iPhone where are you watching on the phone when you at home isn't bad. They just that wanted to watch ten minutes of TV. They just I was too is to deter. I think that's the as we're saying a societal came up big it's we've gone from no TV in the not into I was two ways to turn the TV in the bedroom on so watch on my phone in the bed but ten years ago we did appease. Fonts. If you have these files now now and I iPhone eleven years old now so we were just you the outs in the first iPhone can do anything close to you watch an NFL football games on your phone my years in my welcome to the big time moment was in the when was it it was in 2013. And from where I was coming back from I was driving from Vegas to. Los Angeles we in the middle of the desert and I was able to watch the NCAA basketball tournament on my phone has medical that's wore I knew that we had made via. There up next word be the end of the world based in in a apple shares trading at 200. And 25 dollars bullish reports coming out. There's so own these expensive phones like hotcakes that I can tell you from my wiggles next month I get why and what's next the ten are. What's that that's the one that 750 bucks. Yup that there are people are buying it the apple consumer so rich they're buying these 14100 dollar phone I just on your way till next month do you think I think it's amid a top selling iPhone. You do I do inched up next we'll be joined by Paula Monica from CNN money we're talking about Bed, Bath & Beyond with Paul. That's next on the financial exchange. Which we have part of the financial exchange in an instant. By texting us and 63566. Started to extra keyword Barry and become a member of our brand new textbooks tell us what you think 24 sevenths right here on the financial exchange radio network. Understanding Medicaid eligibility is critically important to those of you may be retired or nearing retirement age changes to Medicaid occur almost every year and if you're not up to speed on the latest information you're acids could be at risk if you were your spouse need nursing home care Todd let's keep most of the legal exchange radio show and a partner with the law firm of Cushing and Dolan can help autism expert and elder luck and he has a brand new guide of this month we will educate and inform you about Medicaid eligibility this guide among other things discusses various strategies that are available to save your primary home any rental property and even a vacation home if you have one once the nursing home comes calling. The debate over healthcare remains in the news and Medicaid is a huge part of that discussion so take the time right now to call 8668485699. And get your copy of dogs free guide the 2018 eligibility update that's 8668485699. You can also downloaded by logging onto our website at legal exchange showed dot com 8668485699. Or downloaded right now they're legal exchange showed Don John. Hi this is very Armstrong I founded the Armstrong advisory group in 2004. And my number one goal has always been to preserve and protect the assets of my clients so I'm here to give you some free advice finding the right financial advisor is not easy and what do you choose to work with me or not I want to be educated on how to pick the right person for you and your family Everett a brand new guide called the top ten questions you should ask your financial advisor how often can you meet with that and what other fees will they charge you these among others are critical questions that you should have answers to before you decide who to work call my office right now at 803934001. And request a copy of this brand new guide the top ten questions you should ask your financial advisor horse today by calling 803934001. Or download it right now on our website are strong 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 the securities America companies are unaffiliated. Are you having problems the blocked sink or dream. What 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 that all kinds of trouble trying to get people who can come in and do you 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 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. 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. Now. Hi this is very Armstrong and if you're a landlord or property manager I'm sure you've heard me talk about -- 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 entered their information and manage all their security deposits Z deposit also automate many of the compliance headaches for landlords such as generating help disclosure forms and even send out annual interest payments directly to -- -- this call dizzy 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. Security suffered two securities America into member finreg SIPC an advisory services arbiters securities America advisors think Gary Armstrong representatives Armstrong advisory group in the securities America companies are unaffiliated. Business news is constantly break. And we're here to break it down and show what it means to your portfolio it's the financial exchange with Barry Armstrong Jones soda on the financial exchange radio network. This segment of the financial exchange brought to you in part by CU senior safeguard and educational program designed to protect elderly from financial abuse. There are senior safeguard credit unions in Massachusetts New Hampshire Rhode Island and Delaware. Our training and certifying their team members to recognize elder financial abuse and what to do in response you can do your part as well visit better values. Better banking dot com for more information and joining us on the line now. Is Paul Monica from CNN money you'd talk about bad bad. In the mysterious beyond Paul thanks for joining us. Question all this was a company I remember about five years ago. Looking at them and you know they were trading increasingly expensive at that point but our members thinking gee this is the company that even if people were buying new homes that still we renovating in the on the pillows and cushions and rapes in this and then Bed, Bath & Beyond should be decent bet there. And since then it's lost 7576%. So I was clearly wrong and it's a good thing I didn't buy any of it for myself what's easy is it just e-commerce that's the problem for them here. I don't think that the entire problem it's true date at companies like Amazon and wait there are really got into the business and become. Extremely competitive but you either in the African war you look at what. Targeted done in that area Wal-Mart. You know the home goods that business that he yet. Impact. And more actual I think. I rather be a competitor so. I don't think that it became wary and they've that this is just another example. Can't they need depth battered digital strategy you know about the gonna take it that but that's been given for remembered how much they're gonna in terms of revenue from. On line and when Natalie asked about it being ground and stands the CFO a couple of days ago as he got that little bit low. Would guess the part they. So what can they do to turn themselves around you is if you were sitting there in the CEO chair. Where would you be focusing your efforts. Yeah I think they would have to focus. You know war on line obviously. Bite on that. Is that a battle right now because you'd look at but one being that at bat the additionally it's almost become. The joke is the you know 20% off coupon toward I've. Yuppies like that is something that not work he. He did it get revenues. Margins there pretty Winston needed the company's. Quality war. Focus less on the it is counting on not so sure that at bat beyond as we transition itself to archery retail. Site. You know received plenty of companies that. Didn't get it right in Italy that are really struck luck with the bad bet on Beers are JC Penney just yet but you know those are two perfect example. What ultimately can happen view if you don't have much of digital strategies can't get people commit or. So probably for good reason the stock is trading pretty cheaply right now is there anyone who sits there and says G. Two and a half billion dollars for Bed, Bath & Beyond isn't isn't bad forest maybe we make an acquisition or is it beyond that point. A great question I doubt that there would be eight strategic investors that would be mentioned it again always the case. You could have private equity you know come in the side ER book portfolio. Rita to the underperforming stores. In clean up shop if you will and then spin it back out. Couple years at the B you know private equity playbook that act to see that. Potentially happening I'd be really surprised. I know out there. Larger retailer even Amazon. Got more you know broken border aspirations that we do a deal for something. All right very good Paul thanks for joining us what to go enjoy the weekend and we'll see you next week. Paula Monica from CNN money talking about Bed, Bath & Beyond the ticket there's beat BB YM. The stock opened the year at about 2.2 bucks a share now down to 1495 and as I said. You go back just five years ago to the start of October 2013 and the stock was 78 dollars. Share you know they tuck your wife ends you know but just ago there. My wife doesn't either she holds news I decided that she buys an online issue I get stuff like that. It's cumin Dicey coming in it's coming from Macy's Mallorca to home goods she's hooked so she still goes in she'll buy like sheets and towels with. I don't know about sheets and towels definitely grown. My wife was kind of a sheets Nall. No sheets no but towels get great well at any rate I I wonder how much longer that dividend is safe to and it's got a 3.3. U steep. I've shown four point three the current price now. All right well we're wrapping up the week and the market is in positive territory galloped 45 points yes and he is up three. Anything I worry about as you know the price of oil that's open dollar fourteen at 7326. Per barrel. C a Monday race here on the financial expect.