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Full Show 2-4-19

Feb 4, 2019|

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

And. This is the financial exchange with Barry Armstrong and sharks are down. You're exclusive look at business and financial news affecting your day you're sick leave your world. Stay informed and up today about economic and market trends plus get breaking business news every day. And now the financial exchange with the Barry Armstrong and chuck Exxon. Well it is Super Bowl Monday and as promised I feel like crap today I don't know about you guys. It's days like this where I wonder how in God's name he survived. Coffee but the caffeine at all I just I just choose to feel bad for today it's. You know. A wise man and often told me not often told me guess once told me that in order to appreciate the good times might be up to field the bad times you know. I'd you have to feel the depths of those bad times this morning because I had such a good time last night pitcher. Now I see that obviously I'm huge New England Patriots man. Great night for new new England sports fans in general however let's be honest. Beat the game was kind of boring soul. War like that they amazed are really I mean you're a former kickers that yeah there's a lot of really I vigilance. Bryant Allen was in BP's announcement. Of the there was phenomenal punting but you don't. Spend four hours watching pumping like you granted there's a reason why that's not a sport like. No one pays to watch putt golf it's just it's not as being. I'm new I'm a quote a post that I saw on Facebook's this is non regional but imagine paying 7000 dollars for a Maroon 5 concert in punting contest I think. Yet at that that's pretty much what it's like I mean like. You to any of the other super bulls and patriots have played in and you say OJ yeah there was this play in that wanna know I can't believe that that happen. Q can you name five big plays from last night I got it and go through aka likening him to. There was the grown cats go down like the two yard line now and then there was Gil mortars up. All on me I'm double and I would probably do the pass breakup from Jason McCoy that's why I was gonna snap up as the biggest plant and to get maybe three other than that. Like yeah I had a nice like Julian Edelman a phenomenal game but there wasn't like a signature player anything aren't the entire rams offense decided not to show while her. That is it's just like it was a whole bunch of okay that was nice but. So walked in terms of thumb you don't do it being a boring game if you weren't patriots ran pretty much it was a snooze fest but. In the same breath there was a relief to see that there is some sort of element in defense still in the NFL I'm reading yet. Like 56. To 54 game like we saw the chiefs and rams yeah we had a borderless. An end to put somewhat don't defense to put some numbers to that and into put it in perspective. When you look at how many points the rams scored yesterday. Compared to the average number of points that they scored throughout the course of the season. They scored three points yesterday. Their average over the course of the season was about 32 minutes and they scored less than 10% only about 7% of the there they're points that they average during the regular season which was the lowest percentage of points scored. By eighteen and Super Bowl history. So it really is it tells you the river historically bad the pats defense was historically good one of the two. But that's a big enough Bob deemed talk for fruit today just because he's very curious eatery thanks for that game. First half and second half I would imagine the first half was probably pretty good. And then once Maroon 5 came on I would imagine everything went in the tank there were and there are atrocious. In many expected to doubt it's literally what I expected to guard the choice I was going to I don't know if you noticed so again I only know Maroon 5 because you know here like a few of their songs on the radio and I know nothing about them is people are who they are I only know where they're from can tell wall if you look at Adam Levine's elected seats from California so this where I was going with this so one of the things that I did notice was that every single song that played Adam Levine took off another article of clothing yeah. It's sort and so I was standing or don't care I was thankful that ended that the concert when they did because the only thing left was pants at that point Asia look enough is a monopoly we're and we're not going there hopefully yeah. So I was happy that you know that ended when it did. But I would imagine that the ratings aren't going to be great as everyone came in expecting issued a mean talk you know we're talking is an apology no matter who comes into this. You know this this championship game you're gonna have you know some time you have points in mom wants me great game. If pitchers fans pouring down action and out there I think those are in should come I'm probably later this morning hopefully by the end of the show Wilson so this doesn't just talk a little bit about how much NFL players make because obviously you topping guys Tom Brady's of the world Aaron Donald's the world Brady makes fifteen millimeters in line for a nice raised. Aired on only 22 million dollars a year the average play player in the NFL basement two point seven million dollars a year. Yeah and but I'm a point Jessup and that I think is more relevant to the median salary for NFL players eat sixty. I think that's much more elements if you take out into gotten together twenty million dollar players and talk about the median player pullen and 860. That's you know. Trees have granted that is whole Lotta money more than ever hoped her lifetime but. Significantly less than any other big professional athlete out there. Here here's the other thing that I come back to one a lot of this stuff you know liberal and likes to talk about how pro athletes are overpaid. Compared to other people who are the best at what they do their actually now. You think about if you are one of the top forty or fifty CEOs in the world yeah. Are you making 300000 dollars are you making 10203040. Or fifty million if if you're into like the top forty or fifty of anything in the world. You get paid millions of dollars okay. Barring like being top forty like burping muted does not really a market for that that's not a good job that's a scale. But. They people had to say well athletes are overpaid. Well no relative to the amount of talent they have their specific thing I actually don't think they York. OK I mean I guess I am very glad that we value corporate CEOs that a lot more than reduce top professional athletes want. Just in terms of producing value for. Employees for just general economic growth I think. It's corporate CEOs. I think clearly do a lot more for urges. The public goodness knows. So you know it's it's an interesting way to get to measure the economic. Here we queried about the measure yeah measuring the economic output the CEO has on. The tens of thousand employees that they oversee verses the output of NFL's top of a player like numbers. Here's what's particularly interesting about this though. If you talk about who makes money in the corporate world yeah it's the CEOs from the people who run things are you look at who makes money in the NFL world. It's the employees players. Players our management. Players or in poise they're very highly paid employees owners. Owners do but like again like you look at the people who are making like millions of dollars in the NFL. It it's its players and owners make billions okay I I get that but. Where else do you see employees making millions of dollars it's it's really like it it's kind of an interesting thing to think about. And I've bet if you looked at sage the yet. Top employees at Amazon for instance obviously got Jeff Bezos. You know clearly making well and beyond did anyone else there. But if you took a tailor their top employees a bit on proportionate basis if you compare that Syria Robert Kraft vs Tom Brady might be seen similar proportion focus could be extinct. In a body for further. The sake of argument here an NBA player and LB player making more than NFL player is just crazy to me and I don't think that's sustainable given how popular. The popularity of those sports declining numbers the popularity of NFL punishing the NBA's increasing and I'm talking more about it and I'll be that seamstress. Nuts to. I would I would agree with that especially given the longevity that those players Amber's and Butler also seeming not an estimated seventeen million people are gonna skip work today because they're too long over to what come to our CO I didn't realize it was that high eleven to 12%. Seventeen million people there who. Which is it all the more reason to move this thing to a status or what's that equate to money lines. So let's see seventy million people assume the average person makes 50000 bucks a year you know just as we're talking something like that. Thousand books we 200 bucks days at 200 times seventeen million. We are talking 3.4 billion dollars in lost productivity and what's a all because of a football and that's just today that's not factoring in all the time the people spent you know looking at you know stuff last week yelled at them prop bets and everything that. I mean it's going to match and that we've wasted talking about the NFL and that's I mean there's a lot of lost productivity well okay we'll look to be honest as as rams offensive lineman Andrew Whitworth said you know yesterday regardless of whether you win or lose were all gonna die and none of this matters anyways like that that was his somber and it was it was a little bit you know intense for kind of post game but I I get where he was trying to go with signing. Of the seventy million people were like completely out of work there's another billion to millions of people just. Startled like help restrain Jack's not related to set things stuck to their cubicle whatever I'm just not doing any. Network I'm one of them but you put a microphone and for enemies live to talk for the next two hours we're we're gonna get through this together holding hands and it'll be okay but I'd I don't feel ideal today like that lets you call a spade a spade I respect the person who calls out ahead of time schedules the day off a heck of a lot more than I do the person comes then use the right thing you know I really can't out of my neck I ask is that hey if you wanna call in a week ahead of time I hit a not gonna be here the money accessible. Give a lot of respects comes you'll notice that planets it's like look I can't handle my electors so I'm gonna skip Monday night. It's its shows self awareness as opposed to. Think I can make all my god it feels terrible like it's just that everything hurts that you'd want a little self awareness and let's take a break right now when we come back and talk about the earnings that are coming up this week and also. What Google can do to get back on track this year that's right after this break on the financial exchange. Only this stare at the charts graphs and numbers all day and just listen to us it's the financial exchange with Barry Armstrong and chuck signed up on the financial exchange radio Ned. Our -- with the loss of a loved one is hard enough when it's your spouse and you're not prepared for the overall damage can be severe this is Mike Armstrong and our shark advisor group has written a brand new guide to help you with your investment strategy in your overall financial well being in the case of the spouse's death or several strategies that we suggest you consider including creating a spreadsheet of all assets pulling all wills and estate plans in compiling numerous documents such as life insurance policies mortgages and tax returns all of which will contain crucial information that can help you through this difficult time call right now at 803934001. That's 80393400. Wanna get your free guide today and I'm sure you'll be glad you did that number again is 803934001. Or download it right now and Armstrong advisory dot com. He suffered histories Merck incorporated members and as a PC and advisory services are printer securities America advisors incorporated Barry Armstrong represented at Armstrong advisory group in the securities America companies are unaffiliated representatives of securities America do not offer legal or tax advice always seek the voice of a professional familiar with the loss in your state. If you haven't started in the state plan yet now is the time the state and message protection claiming his critically important to those of you were nearing retirement age or are already retired. Because without a solid plan many problems can arise take the time to avoid that kind of issue by calling talk about ski a partner with the law firm of Cushing in Dolan Thomas an expert in taxation and elder law and he can help you identify the right kind of planned for your family there are numerous kinds of trusts that are available but two of the most common are rev a gamble and irrevocable trusts their major differences between material so before you put pen to paper get some solid advice from some -- notes can advise you and the best way to put together your plan wishing him Dolan is a free guide out this month on the differences between -- -- doable and irrevocable trusts and you can get it by calling 8668485699. This guy can even show you how it's possible to eliminate your state Texas while protecting your assets from creditors and long term care expenses call right now to get this free guide an 8668485699. Or download it right now from their website legal exchange showed dot. Come hi everybody it's very Armstrong from the financial exchange and I'm joined by Jake to Lee who's the executive vice president of leader bank. We're talking about SBA loans you know we hear a lot about SBA loans small business world stray. But I don't think people really understand. How they can be used and why they're so valuable to the small business community. Thanks very yet we had been really focused on providing small business lending to local community and local business owners. And the programs that are available power very helpful so we are preferred SB under the what that means is that. We can quickly make decisions and under rates small business loans in house. And to be used for right purposes for small business owners give us an example. Well one example that recently happened was there was a restaurant in Cambridge and it was growing very rapidly they are always full occupancy. And the space next order then became available. So they wanted to. Take on that space needs capital to sort build out. The rest Ron. And you know was about a 300000 dollar loan about it how many years did they have to pay it back. Typically these types of loans vary anywhere between five to ten years lots of time. So you know we were able to quickly make that. Underwriting decision provide in the capital expanded at rexrodt has grown tremendously them as just wanted one of many examples in what they're landscaper or. Factional services you have loan officers that are available to blog talked a small businesses we have dedicated small business lenders. Folks if you wanna learn more about small business loans cult leader bank there one of the best in the business 8776917. B 900 is their phone number. Or visit them online at leader bank dot com 8776917. B 900 Unita small business banking partner leader bank is the one to think about. 8776917900. Securities offered to securities America each member Sandra SIPC an advisory services arbiters securities America advisors think Gary Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated we have part of the financial exchange in an instant. By texting us and 63566. Starter tell extra keyword Barry and become a member of our brand new textbooks tell us what you think 24/7. Right here on the financial exchange radio network. So far this quarter we've had 46% of S&P 500 companies report earnings we've got almost a 20% this week coming up 97 members. Of the S&P are gonna be reporting earnings including we got some big names here obviously. Disney. Google. Snapped who's not really big name that picture Twitter Mattel and Hasbro Yum! Brands and to pull away. All reporting earnings this week at a whole bunch more to BP GN am Lilly did you say GM opted not to Poland. It's it's Poland America. Yeah ton of names on the street get a 120 last week I think those are where we're getting there one hone in on on Google in part to ouster you know we go ruled that the parent company for Google known as alphabet. Because. I don't know they decided to change a couple of years ago. Pat had a tough year last year me kind of like a lot of tech companies to be completely honest. Google opened last year alphabet open last year about 11100 bucks a share. They closed last year just under there right around I think 10401050. Somewhere in that range though. You know you look at it in it just it wasn't the kind of growth investors have gotten used to to alphabet delivering. I'm curious first of all. What went wrong last year was it just pricing and in their stock where they investors weren't as optimistic or did they have some miscues as well. Well I think. Potentially is just that investors were a little bit overly optimistic about just how much there. Ad revenue can continue to grow you know hey it's getting to the point with a lot of these companies with Google with Amazon. That you're looking to new areas for growth and Google's got a lot of irons in the fire but none of them have really. Come to replace or even doing dance to where all of their 86% of the revenues coming from vigilance and nothing that they are working on his even went on. And I really start to you know wonder if we get away. We've talked about this before right now tech companies tend to. Have cycles and the new ones ten years from now won't be the same ones as today I mean big tech companies right now what we have. Amazon Microsoft apple Google and FaceBook five biggest. Yeah I think that's accurate so a decade ago yet had HP IBM Microsoft Intel and Cisco with a five biggest adapted. There. You know I wonder with with Google it lake here here's the the one thing that differentiates it from some of those older tech companies. Is. If it's more in everyone's household than a lot of those companies were you know IBM to a certain extent was just yet you know the places that architecture out PCs. But the company and of itself. Wasn't really. Our stuff was and they they've clearly stayed in people's in people's own yes it was clear I wonder if consumer facing tech companies are potentially a little bit stickier. If they get the broad adoption that that a company like who was you know. People always a much know like 3COM and Palm Pilot and you know Blackberry. They have hot meal hundreds of millions of people would use him those services that a whole bunch of B you know investment bankers that while blackberries but. That Madonna gets a cup of coffee so I just wonder about the think about a few of the. You know projects that there are kind of high flyers from Google that may or may now come to fruition knew where they Micah he got the self driving car company Wayne though seems like it's making progress is does budget we don't know ray did very well could be the test is light years ahead than we just aren't really sure we've got the Google pixel phone which is just you know. Not really getting any traction yet you've got to Google home product which seems to be losing a little bit too Alexa. What else was enough to have that's out there Agassi absent some health applications that the trying to roll out where the apple Washington to be light years ahead of them as though Alexi use the back in for Google. Like the operating system I don't beliefs maybe I think they for some reason I've I mean that search is definitely Google I think they used Google search but I don't know. But in and here's the other thing Google's had a whole bunch of things that they've tried to do. In terms of your new products. The quick frankly if I have fallen flat on their face in me from anything like their social network Google+ yep which they shuttered last year. They had to Google glass if you remember their eye glass thing that ever once it was you know creepy as heck because it was creepy is tacked they had a whole thing called Google Wave that was going to be. What they've promised was like a new way to talk to people on line will be went absolutely nowhere. So I do think there's a question you know. Google has had two big. Search and Gmail. Yeah that that's what they pad now they're they're two really big hits than their wife their huge white companies worth 800 billion dollars so it's not diminish that. But I do think it's a good question in terms of you know I know that you know that's the primary if if we look at the value Google has its and it is and distribution network. That's that's what it does today's it it distributes and sells ads you know using the content that's around it's no different from a newspaper before. And in that respect I do think you have to look at and say hey if eyeballs go somewhere else eventually. That is something that you do have to worry about in terms of hey newspapers ever Ohno said yep that's that's new young place now that's where you get ago people said the same thing about search engines today. Eventually pay there's going to be something else I don't know what it is I'm not a genius. Exactly I mean it's always it's easy for us sit here and say well you know obviously were indeed more and more searching as more people you know go on the Internet and search for answers to basic things and therefore Google's gonna stand to win all of that but it's really tough to guests. What new disruption is gonna come in here to make search better and easier that may or may not be who. Exactly this does bring us to our whole question of the day it's up right now financial exchange showed dot com. Do you use another search engine other. Then Google for example the use being who well who else is out there in the articles. Is Yahoo! yet they still have a search engine dale okay. So do you use another search engine other than Google answer either yes or no. And even occasionally. Day even if Google still your primary but you occasionally use and like I I'd never use anything. And if you do use a different search engine pleased to Ecstasy at 63566. And let us know what search engine you use just because you know why analog and and Y like do you not like Google do you think another one gives better results. Text us at 63566. And let us know if used in other search engine other than Google and also vote. At financial exchange showed dot com quick question for both you what was the first search engine that either view remembers using. Ask issues. I remembered I used though like groups like because of that that sounds from honor that and Alton Vista aware of the ones that our first remembered using and then I think I switched over to Google around like 03 Euro wars kind of nice to remember was. But you know the dark days of as you say ask jeeves. You never how Blake just. Flat out strange the unit was originally it. Of course it asks you know so but public ask jeeves as an example. Wind when it originally debuted. You could just search a topic you had actually asked any question as it wasn't program delay will that's right you had actually jeopardy I'd actually add like about a list of questions you can ask yet you had to. Asked the question is it didn't have that question program dean couldn't give you an answer actually like wow that's just how strange the unit was people like this and O people come to look for specific questions not just like keywords lake let me look relate recipes for taking pot pie it was. You know you had to be very very precise about it totally forgot about a the Internet was and continues to be a strange please. Let's take a break in when we come back we're actually going to be talking. About a story that just continues to not die Sears. And its potential. Salvation from bankruptcy. One more a big day for them today as the unsecured creditors get their day in court. We'll talk about what it means the company going forward. Like there's something. What was on Twitter. Show breaking business news is always burst right you on the financial exchange radio network. That speaks theory a great family friendly mountain when something for everyone including day and night skiing snowboarding snow tubing aired a special pop. Pay one price program on Saturday night had a pats peak on Saturday nights for one low price from 3 PM to ten via reverse ski. Snowboarding do you think rentals lesson tips and entertainment. That's because one of the largest nights in areas and all of northern New England fans one of New Hampshire most accessible learned to ski and snowboard mountains bring your family and your friends whatever your age or ability level you'll love pats peak. The latest info go to pats peak dot com that's pats peak got a job. Pats peak ski area and had occurred New Hampshire. These are registered as Merck incorporated remembers him as a PC and advisory services offered to securities America advisors incorporated Barry Armstrong represented a strong advisory group in the securities America companies are unaffiliated representatives of securities America to not offer legal or tax advice always seek the voice of a professional familiar with the laws in your state they're driven started in the state plan yet now is the time the state and message protection claiming his critically important to those of you were nearing retirement age or are already retired. Because without a solid plan many problems can arise take the time to avoid that kind of issue by calling talk about -- a partner with the law firm of Cushing in Dolan Thomas an expert in taxation and elder law and he can help you identify the right kind of planned for your family there are numerous kinds of trusts that are available but two of the most common are revenue Google and irrevocable trusts their major differences between material so before you put pen to paper get some solid advice from some -- -- and can advise you on the best way to put together your plan Cushing and Dolan is a free guide out this month on the differences between rev a double lender amicable trusts and you can get it by calling 8668485699. This guy can even show you how it's possible to eliminate your state Texas while protecting your assets from creditors and long term care expenses caller right now to get this free guide an 8668485699. Or downloaded right now from their website legal exchange showed dot com. In medieval times shark says was often the difference between victory and defeat. For skiers and riders at Killington. The end point of pride and admiration. No matter your battlefield the more you prepare for more triumphant. Here's to living more life on the edge save up to 40% on lift tickets when you purchase an advance at Killington dot com. No one wants to deal with the death of a spouse but if it happens and you're not prepared your finances to be severely affected Colby Armstrong advisory group and get their new free guide on how to prepare for the loss of a spouse it'll help you understand the various pitfalls that may come call 803934001. That's 803934001. Or downloaded right now and Armstrong advisory dot com securities are produced series America incorporated members and RS IPC and advisory services are for the securities America advisors incorporated Barry Armstrong represented a strong advisory group in the securities America companies are unaffiliated. Time now for mostly watch a look at the market's performance so far today you don't Berrian jug right here on the financial exchange radio network. It is time now for Wall Street watch brought to you by a leader bank if your need of a purchase or refinance a loan leader back at some of the most competitive rates in New England the dedicated loan officer who work with the every single step of the way. And their local decision making means faster closing call right now for more information 877. 6917900. Or visit the monoline at a bank dot com member FDIC. Mike let's start off first with Clorox SC. That they had earnings that they reported. And looks like the company is about 7% in early trading today. They are so obviously earnings came in pretty solid they earned a buck forty a share for the for their fiscal second quarter that was ten cents a share above estimates revenue matched forecasts. In a Clark is in this pinched in position you kind of lump them into the Procter gamble Johnson & Johnson group where. Yet this company actually a pretty good 28 teen. In terms of you know they dipped a little bit in the spring but then rallied back pretty strongly. Let's talk a little bit about Weyerhaeuser. This company. First what do they do for people who are familiar with them and why are they down about three and a half percent to. Yet they are relatively small company about nineteen billion dollar company there are real estate investment trust but really there lumber and paper company says they're oftentimes a pretty good indicator of where they're real estate market is going. And they have had a pretty difficult few quarters here you're going back to may things were looking pretty solid as. The news real estate in new new home construction seem to be going pretty well but as in straights creeped up at the end of last year that really fell off alleged. And that has really trickled in all the way till twin nineteen even though obviously interest rates have come back down but the new home starts really have not jumped back up so. They report a loss of 93 million dollars last quarter and just kind of disappointed across the board in terms of outlook. Are good and that is Wall Street watch presented by leader bank call now for great rate on a purchase or refinance loan. 8776917900. Or visit the monoline leader bank dot com. Now we have got a couple responses on the text line to people who use other search engines beyond Google. All three of them won from 978. In two from five awaits saying that they used duck duck go occasionally. For privacy so I don't know what tonne about duck duck go. Yeah I've heard of that. I just had never had beat. Desired or. Use it just because I'm always on Google yeah I'd I don't know I know that the principle of it is that they're trying to provide more privacy but I don't just. Know exactly. How they make money at this point and how it works so. I don't know it up they they have three main things it does right on the front of their website which is read block advertising trackers we keep your search history private. And delighted to control their personal data. But it really doesn't explain collectors said how they earn money. But here ago looks like this is according to where's this coming from here. This is a case this is actually from duck duck goes website. And so of the wave that they make money. Is they do still run ads on their site others not targeted ads so podge a lot cheaper. No looks like they are targeted. It's it's it's it well not targeted so they don't track it's based on the key word is what they say rather than the person. A cannot answer they do serve ads from Yahoo!'s network. And let's see they also makes an affiliate revenue. Through Amazon and eBay so few visit the sites through duck duck go they take a small commission often spent so that's how doctor go. Makes their money Sears they went through their bankruptcy auction at it was about two maybe three weeks ago now. Any Lambert's yes cell fund came out on top with a five point two billion dollar bid to try to save the company. And a lot of creditors are particularly happy about and in using some language that. Isn't exactly the most glowing as far as how they describe what ESL has done. To Sears previously. That the quotes that I use here are. Stealing assets years of misconduct in Shakespearean tragedy. Not a great script or of a way to run a company none. The concern that these creditors have so these are unsecured creditors they've made loans that are owed money buys years. And they run the gamut there you know there's some private companies have done this individuals there's also the biggest one which is the pension benefit guarantee corporation so but let's hone in on that what they do. Yeah they're a governmental organization. That backs up I've private pension funds so if series goes bankrupt in the PBGC is gonna have to step in. And insure. Those you know people that are receiving a pension from Sears that they're gonna still gets some sort of pinch in pretty much did the. PGA BC PBGC. Is saying that the most recent. Proposal from Sears. Would take back royalties that are being paid out to the PBGC. And so would potentially put. Taxpayers more on the hook in the event that Sears goes out of business in the future. The CEO of Simon Property Group has also said. That they wanna put seniors in their quote rear view mirror so they're saying look we own we've got a lot of malls that have Sears stores in them. Were ready to move on find other tenants at this point so it it pretty much seems like aside from eighty Lampard. It's kinda hard to find unsecured creditors who were in favor of this deal yeah. Certainly I think the big concerns they all have is look. There is nothing that you have said here that is going to turn around this business it looks to most these unsecured creditors like any interest plan. Is to prop this company up for a few more years drive a lot of cash flow out of it. Yet is sell some more assets get what you can out of it and then it's probably going to end up in the exact same place than it is right now two to three years from now and probably be worse off as they're concerned. Right as any retailer in the last decade gone through a case where they say gee we're gonna close seventy to 80% of our stores. And actually become more competitive. The scales what works at this point in retail and if there's no way out there it's as yell let's get a smaller footprint. It and I'm sure that there are so amended breedlove somebody text and if you think of the successful. Retail based company your restaurant that's closed a bunch of locations and been successful thereafter but it's tough to imagine. How's yours could undergo a big turnaround without. Just being acquired by some and its. It's one thing you know restaurants and other retailers they'll go through things where they say hey we gotta close 5% of our underperforming stores sure it happens. But at Sears is going from a pick at their peak they had like close to 6000 stores they're going down a 400 Brett. You know it's like between Sears and it was like 3000 stores in Sar so you're talking like 7080%. Of your store's closing. I just don't know how you can be competitive there and took it to be honest I think that I continue to come back to. If you are a Sears employee. What are you do win. How were you not looking for another job elsewhere in this job market. Yeah I don't know. Hey it's a it's an interest in question. Take your company has shown they will not be loyal to you they are going to close stores and yours might be one of them. Down so I just I I I just think if you're working at a Sears or Kmart right now. There's so much other retail demand for workers at this point pay go go find something else. By the way for for folks that are not all that familiar with the PBGC and banking arm and a series goes bankrupt Rolen picked up the pensions for all the Sears employees that is not how it works. PBGC is not a federally tax dollar funded organization. Babies they charge all the pension plans a premium to be insured by the PBGC. So rates it's. While there is a potential hypothetically than if a bunch of pensions went belly up that the department would have to step in right now at least it is not a government funded organization is just a government agency. Yet the the big problem is that as you mentioned if more than one of these big plans and of going belly up sure than they've got a huge gap and it's OK and we fill that in its usually the taxpayer money or borrowing which works out to one in the same a taxpayer money. Some news on the on court casino that is scheduled to open in Everett on June 23. Is it news. Well I think it's interesting that there and give them a green light yet. The Olympic. It up it's it's interesting from that perspective so not so much news but it's some commentary on what's going on so. The official approval at this point. He is held up simply because. Of the and you know what he called and allegations because. There's basically that the regulars in Massachusetts are trying to investigate who knew what. About the steep about the Steve Wynn situation yes Portland says they gave the masters regulars basically wanna be able to. Tell the public that a win has cleaned house with anyone that was aware of the situation. News the Steve Wynn harassment issues. Before they happened and they want to be able to ensure that and apparently took to this point they haven't been able to. No it apparently I guess that the the the company has been able to square things away with the Nevada gaming control board and at least put together the framework of a deal there yet which was basically hey here's a bunch of money and hero the employees that we fire right so here's some money and we've governor some peoples have go away and let us you know. Sell our games of chance to the public. That the problem is that in November Steve Wynn sued to block the release of a report from the gaming commission staff saying. That the release would violate attorney client privilege. And so. The state masters hasn't been able to get that report yet. At this point and so it's kind of OK what what the heck do we do since you know we are less than five months away now from the scheduled opening. Bands we don't really. Have any no firm plans as far as okay what are we need to do ignored to being in good standing unique upon Steve Winn Miller look no longer has any vested interest in that Wynn Resorts and don't believe so I think he's as a gel as the tea division tires they did you. Let's talk about another company that has been going through a whole bunch of crap in the last year. And that is Papa John's which may have gotten a lifeline from. The activist investor burned farms starboard value LP. They're making a 200 million dollar investment in Papa John's Tarver is the company it's credited with turning around Darden Restaurants and all of garden chain. I'm curious if they can be successful. With Papa John's though because they're completely different issues that they're dealing with here. They but so they are mania there's a big PR issue that you have to get through with Tommy John origin but they also point out that there are other issues here in the Papa John's is. Yeah overpriced compared to their competitors and they have bad technology compared to competitors so. Hey you know there are other issues that I think star orchid definitely helped with but the big question is. How are you gonna tackle the reputation damage that's been done to Papa John's at this point. Which is maybe not something starboard has as much experience. No and and I just wonder if if that's something that they can turn around rapidly enough. Four you know the Vick the company to be able to be successful and have interview seen all the Papa John's commercial in the last six months that they've been using with the like that that the the owners that the owners and employees hasn't seen them actually I've seen a quick frankly I think that with the good ad campaign and with some public messaging you. You could turn this sort of thing around the problem has been no leadership. At that company for the last what 68 months do you think I guess here's the question that that I wrestle with on something like this if if you're trying to move forward as a company. Did you continue my guests to bring up the issues that you know they had with the former CEO Jones matter. Or do you simply say hey look we need to move on and focus on our product lake at some point. I think you know Domino's had this not not this sort of issue but they had an issue where no dollars at a problem at their pizza there's not doubt that they're not product risen now that's president made racist statement right but they took the approach of saying they were going to apologize pretty heavily for a good period of time and that we're in a move on from and so I think if you can really come out there and say hey we've. Made these changes we have apologized and this is how we're changing our business going forward then I think generally speaking the the American public pretty forgiving about that sort our their somethings that you can't really apologize for though there maybe not I don't know Woolsey I think that's probably Johns. I don't think their dad. Woolsey I guess let's take a break when we come back we've got an update on GM and the layoffs that they are pushing through their company now we'll tell you how many workers and where they're expected right after this break. It's just isn't stunt to quote your portfolio piece. The financial exchange with Barry Armstrong and chuck signed off on the financial exchange radio network. If you haven't started in the state plan yet now is the time the state and message protection claiming his critically important to those of you were nearing retirement age or are already retired. Because without a solid plan. Many problems can arise take the time to avoid that kind of issue -- calling talk about ski a partner with the law firm of Cushing in Dolan Thomas an expert in taxation and elder law and he can help you identify the right kind of planned for your family there are numerous kinds of trusts that are available but two of the most common are rev a global and irrevocable trusts their major differences between material so before you put pen to paper gets some solid advice from some new notes and can advise you on the best way to put together your plan Cushing Dolan is a free guide out this month on the differences between -- able lender amicable trusts and you can get it by calling 8668485699. This guy can even show you how it's possible to eliminate your state Texas while protecting your assets from creditors and long term care expenses. Call right now to give this free guide an 8668485699. Or downloaded right now from their website legal exchange showed dot com. Do with the loss of a loved one is hard enough when it's your spouse and you're not prepared for the overall damage can be severe this is Mike Armstrong and our shark advisor group has written a brand new guide to help you with your investment strategy in your overall financial well being in the case of the spouse's death or several strategies that we suggest you consider including creating a spreadsheet of all assets pulling all wills and estate plans in compiling numerous documents such as life insurance policies mortgages and tax returns all of which will contain crucial information that can help you through this difficult time call right now at 803934001. That's 80393400. Wanna get your free guide today and I'm sure you'll be glad you did that number again is 803934001. Or download it right now and Armstrong advisory dot com. He suffered securities America incorporated members and SIPC and advisory services offered to securities America advisors incorporated Gary Armstrong represented at Armstrong advisory group the securities America companies are unaffiliated representatives of securities America do not offer legal or tax advice always seek the advice of a professional familiar with the loss in your state. That's the Xperia a great family friendly mountain when something for everyone including. Pay one price program on Saturday nights had to pats peak on Saturday nights for one low price from 3 PM to ten via reverse ski. Snowboarding do you think rentals lesson tips and entertainment that's because one of the largest nights in areas and all of northern New England AS one of New Hampshire most accessible learned to ski and snowboard mountains bring your family and your friends whatever your age or ability level you'll love pats peak for the latest info go to pats peak dot com that's pats peak got a job. Pats peak ski area and had appeared New Hampshire. That's speaks seven interest premier ski and snowboard mound is 100% open with day and night skiing and riding close to home fed to the a dedicated loan officer will work with you every step of the way and their local decision making means a faster closing we're bank is the number one purchase wonder among banks in the state they have sixty loan officers throughout Massachusetts Connecticut and Florida who were ready to help you find the best solution for your mortgage needs at some of the best rates around call 8776917900. That's 8776917900. Thing get your great rate on home mortgage call now and they'll mail you a free residential mortgage survival guide detailing the home buying process from pre approval to the closing 8776917900. Is the number to call or visit them online at leader bank. Dot com member FDIC equal housing lender MLS number 449250. Are subject to credit approval leader bank to step ahead. It's our daily poll question had financial exchange showed Doug John. Vote your conscience there heard just vote go to financial exchange oh does come in castaway. To GM moving forward with. Involuntary layoffs for at least 4000 salaried workers in North America that starts to. Day. Ahead of the company's fourth quarter earnings report that comes in later this week. In particular. We're getting some information just on exactly how. This is all going to happen soon GM offered buyouts to about 171700. Employees. In north of in North America who had at least twelve years of service in. November they were aiming for 8000 of those people to accept the buyout to about 2250. Except instead does that surprise you know. I think they were in the connecting at 50% of people to say I wanna retire Earl voluntarily leave the company in this G. I don't know fifty years old and you're getting off heard. Twenty weeks' pay its and health insurance benefits for awhile which is you know pretty common buyout offer he. He's doing his job market. A especially considering you know that there's a big layoff coming if you don't accept. I think that the big thing is in a lot of the communities where these cuts are happening there's now a lot of the job GM is one of the only geeks in town and so it's OK I better take a chance and see if I can stick around as opposed to this. You know we talk about you know the Lordstown plant in Ohio is an example. The areas like that yeah don't necessarily have the same level of economic opportunity. That you see in BO areas right around major cities and things like that so I think that probably plays into the calculus for PO number of folks. Who were considering these offer that's the toughest decisions I've had people didn't try and make it's to take this buyout offer knowing that. If I don't I might be getting a quarter of this fight it laid off. The tendency is difficult decision in in particular you know it's the only way that I think I take it if I mean one of those areas look you've taken pretty much say I'm gonna use a lot of this buyout money to move some. There yeah to improve my prospects which to be really difficult for him. You know folks losing a family member can be a traumatic experience especially if you're not prepared at this is Mike Armstrong Armstrong advisory group and preparing for the loss of your spouse is awful to deal with. But if you don't do it your finances can be severely affected we've got a brand new guide out this month designed to help you avoid unnecessary risks associated pitfalls that can arise when used when your spouse passes. We recommend several strategies for you to employ to educate you on how to best deal with this unfortunate circumstance calls right now at 800. 3934001. Again that number 803934001. And get your free guide today. Make sure that your affairs or in order call 803934001. For your free guide or download it right now and 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. So the United States saying that Americans can by Venezuelan oil until April 28 at which point sanctions are gonna start going into effect. And pretty much all of the oil coming out of Venezuela beat took at least yet which is you know we've done this with a number of different countries most recently ran. But in Venezuela's case so much of their oil goes through the United States that this in the sanctions might actually work for one's. It will it in and look what what's going on here at this point you have a potentially. Kind of ugly proxy fight that's happening now between them US Russia and China effectively yet with. Both of Russia and the US. Continuing to add resource is that tension into this region. As both countries obviously wants. A measure of control over whoever comes to power next. Pending you know whatever the heck happens after. You know this is all sorted out. I think there's there's real questions as to whether the US wants to commit anything militarily down in that region though it's obviously got talked about. But it's. It is it's a real question I think as to where this goes over the rest of the year in this as the potentially be something. That could get significantly disruptive if he continues to escalate the that's all the time we have on this hour of the financial exchanges to get more talk about jobs China in earnings that's coming up in just a little bit. 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 that some of the most competitive rates in New England a dedicated loan officer will work with you every step of the way and their local decision making means a faster 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. That speaks theory a great family friendly mountain with something for everyone including day and night skiing snowboarding snow tubing aired a special pop. Pay one price program on Saturday night's had a pats peak on Saturday nights for one low price from 3 PM to ten via reverse ski. Snowboarding do you think rentals lesson tips and entertainment that's because one of the largest nights in areas and all of northern New England fans want a New Hampshire most accessible learned to ski and snowboard mountains bring your family and your friends whatever your age or ability level you'll love pats peak for the latest info go to pats peak dot com that's pats peak got jobs. Pats peak ski area and had appeared New Hampshire. Pats peak seven interest premier ski and snowboard mound is 100% open with day and night skiing and riding close to home fed to the a dedicated loan officer will work with you every step of the way and their local decision making music faster closing we're bank is the number one purchase wonder among banks in the state they have sixty loan officers throughout Massachusetts Connecticut and Florida who are ready to help you find the best solution for your mortgage needs at some of the best rates around call 8776917900. That's 8776917900. Thing get your great rate on home mortgage call now and they'll mail you a free residential mortgage survival guide. 8776917900. Is the number to call or visit them online at leader bank. Dot com member FDIC equal housing lender MLS number 449250. Are subject to credit approval leader bank a step ahead. The money matters radio network WB MW 11:20 AM and W 275 CM FM group in Boston the money matters radio network. This is chuck and Mike from the financial exchange in Riyadh today to talk about the new guy that we're giving away this month it's titled how to prepare for a spouse is passing Mike and fortunately this is a topic everyone needs to prepare for but. What people don't take the steps because it's a little bit intimidating so let's start from the beginning why. Constable to be at the same time this would avoid probate process for children or anyone else that's listed on the account by the way folks not just your investment account not just your 401K go to the bank you can have pay on death beneficiaries on really basic accounts elsewhere too like what do I have or will or trust in addition to beneficiaries named on an account how does that work well the beneficiaries on the counter actually going to supersede. The wheels in the trust so. Let's say you change your will and say you know but. Something happened and I need to cut my son or my nephew out of mind will I don't want them to inherit anything you must go up to date those beneficiaries on those accounts as well it will not just automatically change because you up teacher will lower your trust the beneficiary designation takes precedence. Folks we have a new guide out this month it's titled how to prepare for a spouse's death in all you have to do to get it is call 80393. 4001. Again that number is 80393. 4001. Or you can also get a Armstrong advisory dot com. Securities offered to securities America incorporated member funeral SIPC and advisory services offered through securities America advisors incorporated Barry Armstrong represented that Armstrong advisory group in the securities America companies are unaffiliated representatives of securities America do not offer legal or tax advice always seek the advice of a professional familiar with the laws in your state. In medieval times sharp was often the difference between victory and defeat. For skiers and riders at Killington. The end point of pride and admiration. No matter your battlefield the more you prepare for more triumphant. Here's to living more life on the edge save up to 40% on lift tickets when you purchase an advance at Killington dot com. If you haven't started in the state plan yet now is the time the state and message protection claiming his critically important to those of you were nearing retirement age or are already retired. Because without a solid plan many problems can arise take the time to avoid that kind of issue by echoing Todd let's do a partner with the law firm of Cushing in Dolan Thomas an expert in taxation and elder law and he can help you identify the right kind of planned for your family there are numerous kinds of trusts that are available but two of the most common are revenue Google and irrevocable trusts their major differences between material so before you put pen to paper gets some solid advice from someone who knows and can advise you on the best way to put together your plan Cushing and Dolan is a free guide out this month amid differences between -- a blender amicable trusts and you can get it by calling 8668485699. This guy can even show you how it's possible to eliminate your state Texas while protecting your assets from creditors and long term care expenses call right now to get this free guide an 8668485699. Or downloaded right now from their website legal exchange showed dot com. Hi this is Rachel from Shawnee peak in beautiful Princeton man. Joni peak profits forty said Kurt trails or boasting gorgeous views of the president to mountains. And lakes region of name comes skiing entreaties we offered stiff and related areas to play and and freight train tracks that range from good enough street expected to. Did you know that Sony deep pockets mean most nights in New England. Nineteen about sales and that six nights a week and the cost of nineteen it's always included in your daily ticket. Johnny PR for his family friends and outs and action packed calendar of events. And fantastic ski and ride programs to get used and you crew on the snow and having fun. Ski pole day and into the night to make plans now it's Johnny. The bases deep in the coverage is fully Johnny peak. Now offering outstanding conditions for all abilities visit China keep dot com for info events enough frisky schedule in blizzard pop. It's pretty hard to find a bank that as a checking and savings account that can provide a decent return and if you're in the market for one I've got to deal that you're gonna wanna check out tie this is Barry Armstrong and I've been doing business with leader bank for many years so if you're in need of a bank with great rates on checking and savings accounts look no further than leader banks Zuma rewards account qualifying customers will receive 1% back on debit charges 10% back at featured businesses no minimum balances required and no monthly fees but that's not all leader banks zug will rewards account has a two point 05%. Annual percentage yield if you're searching for great -- it's time to call leader bank at 8776917900. In addition you'll receive a free information packet featuring a guide to -- businesses that number again is 8776917900. Or visit them online at leader bank dot com. No deposit to opener annual percentage yield is ten dollars to 23% interest rate messrs. insulate these reduce earnings were subject to change without notice leader back a step ahead member of the icy. A minute. This is the financial exchange with Barry Armstrong and chunks of you're exclusive look at business and financial news affecting your day you're sick leave your world. Old stay informed and up today about economic and market trends plus get breaking business news every day it's. And now the financial exchange with Barry Armstrong and chuck son. Okay Monday here on the financial exchange affected the Monday after the Super Bowl which means that. 12% of people are here what percent of people aren't here and the ones that are world kind of functioning and about 75%. I'd say. Which doesn't mean that our show's going to be worse in fact I would actually argue that maybe were kind of alert. Has more approached him. You know if we simplify things maybe we actually put on a better show so. A minute. Tenet work from there is very optimistic future it's this is at six stronger quite strong I OK so I brought this up to bear before interview familiar with the concept of the thinning of the herd usher now that this is something that did you say yes my yes so yes it's it's. For those of you are familiar with the thinning of the herd theory of and having a beer to the theory it's it's kind of like. House in that when you have cows that are out on the open plains which ones are being killed by wolves first the slow ones so in theory. If you you know having a beer to kind of the same way. Wouldn't the slow brain cells be the first ones to go meaning you actually get faster. Each time you have a beer I don't think that's nation look at how that might W how you should look at how I do look at it and it's a whatever it takes to get up and get to work in the morning. Big week of earnings this week and I think no bigger company to watch in Google specifically. It's the biggest company that's reporting earnings worth about 800 billion dollars what what are some of the big things that we're going to be looking at how to Google this this week about the the. Constance big question is where is how much is the ad revenue is it increasing or decreasing and is it still. The vast majority of where all all the revenues from I can tell it's still going to be where the vast majority of their revenues coming from dutchess search advertisements yet but it's always a big question of it would do any of their smaller projects seemed to be gaining any steam does waive those seem to be relief. Did they mention Wayne audited does it seem to be gaining traction are they doing anything in the Google home space. Of these other projects that they're working on that aren't really doing much in the way of production today. But also does cloud computing begin to you know step up to a bigger portion of there and as well. And in particular one of the projects that they seem to be working on they have a subsidiary of their life sciences on cold barreling. And they they've been trying to build. You know more of a foothold in that area and one of the things they've been working on recently this is according to a story out of CNBC. Is they're trying to build health tracking shoes. They can measure movement weight in falls and things like that the and I. Think this so very early is a very inching company that they where I've seen them doing in releases on things like. Yeah special treatment of mosquitoes to treat malaria lay it really some inching ground breaking work. I think this is an inching space especially for the growing. The aging American population. Not concede something like this being pretty successful in being able to. Yeah keep it is that's they've got a 75 year old pop parent who's still living at home but. Might be having some physical issues is a way to note for the doctor to monitor whether or not they can really be. Living at homer or whether or not there a danger in tripping and falling down the stairs this this could potentially come and play. In terms of I guess you know wearable technology and things like that one of the the ways that it in theory. Provides ways to cut costs in the health care space by providing a whole bunch of data just on what's going on yup. As far as again whether it's you know heart rate monitor whether it's shoes that track your wait whether it's you know. What whatever it is. One of the questions that I think needs to come up during this is who has access that data and who owns that of course and I hope I hope not do. This is where I was going with this. Google does not have the best track record when it comes to protecting data. And you know limiting who has access to it so. I think it's all well and good for one's ahead yet we're building shoes that we can track how many steps you take in your weight to let you know. You know if you're getting close to the danger zone on this show or find come up with a good idea. What do we really expected to wasn't necessarily just gonna keep that internal and not say. Oh well this person's taking this many steps in that means of their shoes are wearing outlets sell that data in ninety. Yeah and see if we can get them to buy more Nike shoes with the Google in light implant there would you know they that's. As a person who uses Google everything there Google phone the grew home I I to a trust apple with that inspirational lob went trust Google. Have the privacy issues with Google made any dent in the in the kind of you're. Use of Google products. I'm considering. Scaling back demise in specific home products. And I have made changes to a bunch of privacy settings on a lot of different Google applications savvy. So as to some degree I think. I think what's important call out here though on the barely story is that. I believe of the next few decades there's going to be huge push in the way of technology. To find a way to keep. Our aging population independent in their own homes for longer. Adding that's you know one area of technology that clearly is going to be coming out of the next few decades because we see. The cost of care once somebody needs to move into institutional care that's I think that's going to be a very big drive for big tech companies to figure out of the net fees. So what do you think the biggest. I guess the the biggest. Issues the biggest hindrance system moving more in that direction are right now like when we talk about you know trying to develop technical technological solutions for different problems. If we're talking about developing your technology for a long term care we talking. More things to make here cheaper once you're in a long term care situation or to keep people away from long term care situations in Italian. I think it's trying to keep people away from those long term care sinners because those are really it's tough to make. Personal care cheaper you know we're not to go to some retain nurses last and there's not a sir bought that's gonna suddenly do what most of most things in nurse does earlier serving it's really about. Preventing that next fall monitoring blood pressure and monitoring it sugar levels a little bit better. And providing transportation is a huge issue in today's seniors not being able to move around on their own Indian losing driver's licenses that's going to be a very big solution to sell for the next few years so very early alphabet so lifesciences subsidiary trying to make some inroads in this area. Apple's trying to get in the space are. Am I think Apple's head. Apple clearly with their apple watcher I think is they are making inroads here faster than any other companies and what would you like more about it is it just that they are to have products on the table that you say that you CIA it's the fact that they already have products out there and they are. Working I believe some maybe it was Johnson & Johnson has our yes partnered with apple to you know push outs and studies that they're trying to do on again the aging populations. They've already got the inroads that the product out to people right now. Wanna talk a little bit just about where we see the economy as a whole going. As we. Get deeper into the first quarter you know much of the fourth quarter was you know that the talk of slowing growth we had you know we we saw pretty much a two over November December. No slowing numbers in the number of areas now we got some data on Friday and a couple key areas. That they're kind of pushed back against that story that could be in developing a little bit. I SM manufacturing index came in a couple points better than expected consumer sentiment came in a little better than expected construction spending better than expected jobs report that. That the jobs report I don't know what I take from that sale. Good headline Nadia but I I don't know what the heck was going on their edge because none the underlying data make sense. But I think you know. The further that we go now you're starting to see this battle that's setting up between. You know that this slowing growth narrative that this stellar starting to take hold somewhat. And you know companies that are still trying to be a boost earnings in boost sales much possible. And and I think we're we're getting to an inflection point where we're going to see this move in one way or another and I think they're still just uncertainty about. Where we go from. Yup hey the big concern has to be coming from international growth I don't think there is nearly as big concern about US domestic growth. We're in a much better spot and pretty much anywhere else in the world. But. Today there is definitely that spillover effect that people poured out in in by the way to put some of those international growth numbers we got on Friday. Some numbers on German exports to China just is kind of an example here. And they showed the weakest number since 2015 when China's economy was going through. Some pretty near a significant issues of its own in China devalue their currency in order try to move out of it so. That there's definitely some problems and not just in China now spilling over to Europe as a result can say there's one thing that Germany does well export heavy machinery and things like that. And so China's news seeing year over year. Contraction in imports from Germany. It tells you eight times problems now becoming Europe's problems as well now let's take a break and when we come back I I always feel to it to do this tees properly. We got trivia here on the finance every day or given away fifty dollar gas card to make sure you stick around for that. And also going to be talking a little bit more about US infrastructure and what we need to do to fix it right here on the financial exchange. Chicago tour. Everything business and finance page the financial exchange with Barry Armstrong and chunks of on the financial exchange radio network. If you haven't started in the state plan yet now is the time the state and massive protection claiming his critically important to those of you were nearing retirement age or are already retired. Because without a solid plan. Many problems can arise take the time to avoid that kind of issue but calling talk about ski a partner with the law firm of Cushing in Dolan Thomas an expert in taxation and elder law and he can help you identify the right kind of planned for your family there are numerous kinds of trusts that are available but two of the most common are rev a gamble and irrevocable trusts there are major differences between material so before you put pen to paper gets some solid advice from some -- no respect and advise you on the best way to put together your plan Cushing and Dolan is a free guide out this month on the differences between -- able lender amicable trusts and you can get it by calling 8668485699. This guy can even show you how it's possible to eliminate your state Texas while protecting your assets from creditors and long term care expenses call right now to give this free guide an 8668485699. Or downloaded right now from their website legal exchange showed dot com. Two with a loss of a loved one is hard enough when it's your spouse and you're not prepared for the overall damage can be severe this is Mike Armstrong and our shark advisor group has written a brand new guide to help you with your investment strategy in your overall financial well being in the case of a spouse's death or several strategies that we suggest you consider including creating a spreadsheet of all assets pulling all wills and estate plans in compiling numerous documents such as life insurance policies mortgages and tax returns all of which will contain crucial information that can help you through this difficult time call right now at 803934001. That's 80393400. Wanna get your free guide today and I'm sure you'll be glad you did that number again is 803934001. Or download it right now and Armstrong advisory dot com to. He suffered securities America incorporated members and SIPC and advisory services officer securities America advisors incorporated Barry Armstrong represented a Armstrong advisory group the securities America companies are unaffiliated representatives of securities America do not offer legal or tax advice always seek the advice of a professional familiar with the loss in your state. It's 6 AM you don't meet your form. Doesn't matter. My body knows the drill anyway because we do this every chance we get. Like cute Christmas he's going to be the window skis at the door hot cup of coffee in hand if you dream just in time for first tracks of. Clinton January's jump over three feet of snow in lord is wide open with the over 360 acres three mountain peaks trees game six strange part in New Hampshire is only super quiet save on the tickets as loon MTN dot com slash tickets. If -- -- -- -- property manager rent collection can be very challenging especially if you own multiple properties leader bank has a program that can help you it's called -- deposit this is another free program which streamline the opening of -- security deposit accounts -- totally digital experience with -- deposit landlords can open an account online invite tenants to enter their information and manage all their security deposits he deposit also automates many of the compliance headaches for landlords such as generating account disclosure forms and will even send annual interest payments directly to the tenants it's easy to get started just called -- deposit team at 7816418691. -- deposit is a free program to if you're a landlord or property owner call today and make it that much easier to collect and manage your security deposits that 7816418691. Or visit them online at C deposit dot -- member FDIC leader bank a step ahead. And I say no you've probably taken the step that falls out of the sky at grand more wheat feed differently at Kramer's known as a form of art. They crafted the sink at me through it we make it all went through London he never ever stopped looking for ways to make their conditions better. He'll feel honored for less than an hour remaining areas and you see it flying out of our energy efficient snow then. Snow is what leads deal that simply print more inexperienced clincher our way. It at today's conditions and calendar tracing it print more dot com. The financial exchange. His coal or murdering an and also now in West Palm Beach, Florida. Check out our website at financial exchange showed Doug come and find the station closest to you. This is the financial exchange radio network. No little bit of trivia here on the financial exchange last night the New England Patriots have to their six. Championship in eighteen years so we're going to be asking trivia questions about those previous games. If you want to participate all you do is Texas at 63566. And since this was the patriots sixth Super Bowl win let's do the six the right answer. Is going to get a fifty dollar gas card. Of your choosing again text to set 63566. Quest means other than Julian Edelman who was the only patriot not named Tom Brady. To win Super Bowl MVP. Other than Julian cattlemen who was the only patriot not named Tom Brady. To win Super Bowl MVP Texas at 63566. Beat your first time texting us. Text the word battery. And then Tex the answer afterwards that gets you into our little club and give the answer in just a little bit to the question. Other than Julian Edelman who would be only patriot not named Tom Brady to win Super Bowl MVP. US infrastructure. Not good right now crumbling ballpark. And in terms of the amount of money that is needed. To try to get roads. Bridges trains just about everything else back to basic. Functioning condition. We're talking about somewhere in the need somewhere in the range of two trillion dollars over the next decade. Yeah not good at that's pretty serie a deep plus is what they they gave us and today to give you the the run of everything loss pretty bad age you wonder. Well let's get there but the roads gotta DE our bridges got a C plus and our transit got a demonized. No big surprise on the transit. No no real surprise there you compare our public transit to any other developed country and try to think of a developed country that has worst public transit in the states you'll final. What why he's so let's let's dig into that a little bit though why do you think mass transit in the United States is still bat. If I want to conspiracy theory you can employ then you'll sing like that Tucker it's 1121. If you want to conspiracy viewpoint you'll say that hey you know we have some of the biggest auto industries in the country and they have fought. Tooth and nail against any Diego. Public public transit being put into place. That's really conspirators think that's. What happens like I don't think this does not all slate. It's if it would be one thing if you said Blake hit a Ford is deliberately sabotaging public trailer knowledge that they're spending money to try to promote you know the user their products like. It happens like OK I get that. What else is is that the only thing that you think is kind contributing. More I mean we're a much larger country than most other developed ones too is a little bit more difficult more spread out you rate for instance you could say well candidates also geographically huge that's true. But the vast majority of the population is spread out between a few cities right on American borders so pretty much Toronto Vancouver and and really that's it I mean you get on Sylvia. You're not thrills you know fraction of the size when it's all said and on but there's an interesting. Thing that happens whenever you start to discuss. Transportation projects in the US and if you talk about building roads. They were never asked how we're gonna pay for them. No one ever does like if you say hey we need to build a road from here to hear you say okay G will issue Banjul issued debtor will be able papered this way. But no one ever says hey that only that particularly in a broad needs to pay for itself. We talk about mass transit projects all people want to know is haze that and pay for itself. Is the revenue that you get from tickets and pay for itself the answer is no it won't end in here's the thing the roads don't either. The point is not that the the type of transit pays for itself. The point is that encourages and creates enough positive benefits that it offsets that through the additional commerce that you can go through things like that. Interstate highways don't pay for themselves. They they just don't but the fact that we can say and massive amounts of goods across those highways across the country in you know exactly what you're going to get his uniform and consistent. Made it to the benefits are just huge okay asked asked Jeff Bezos you know like he asked though the Walton you know the Wal-Mart family. You can ask all these businesses. And they benefit greatly from the fact that we have those types of projects done. Whenever we talk about mass transit we say gee how it's gonna pay for itself. And and I think it's it's really disingenuous only ask that question for mass transit pay you wanna ask you for mass transit and roads. Go ahead of late it make it an even playing field. But only ask it for. One part of the the equation. I think it is a big reason why we don't spend money on mass transit to present quality build roads and stable those are paying themselves either. This be real way you know I do you wanna see infrastructure spending as a big project that we take on of the next few years. It would be really really difficult from me Weaver perspective. To push this through right now. I'm just trying to think of where you would come up with labor and how much more it would cost right now than it would have cost ten years ago to get a league like. Hundred billion dollar plus infrastructure project on right now. Godly the cost would just be astronomical paerson well and. In in you go back to what we had back in 2009 there is the American reinvestment and Recovery Act. And in you you talk about what went into there and in the whole promise of that was Hayward and to a huge infrastructure plan. You outed to spur spending and spur construction and things like that. And in what did we end up with. We ended up with you know a little bit of infrastructure but it it wasn't you know the significant amount that we talked a infrastructure investment that whole thing I think it was. Was that 750 billion dollar no 800 billion dollar bill. Now okay. A hundred billion that was infrastructure right. You know the rest of it was a whole bunch of you know tax changes in this in that in okayed this group's getting that and you know it's okay you might have needed the money for those other things but. Man that you had this opportunity to actually do like a trillion dollar infrastructure built in instead. Instead we gave bank outposts yeah NC state and gave bank bailouts it's lay out. Now I am with the days that would have been a much in my opinion a much better way to spend that money or just spend additional money. The the opportunity there to put into a huge infrastructure bill. And saved so many construction jobs back in 20082009. Wins I think one of the biggest missed opportunities of both the bush and Obama. Administration's. Start the bit about blood lights Super Bowl ad which I thought was. About one of the most aggressive ads I've seen in recent history going directly against competitor first the fact that you mention their competitors bind the out in second. That they went right after them for what they view as a major problem with their products directly to the threat I action must've been in the bathroom for this one or something because I went Washington after a finger atmosphere it's your ball. Or which one overtime of the team quarrels here a credit cards or that the courts are a one thing I don't understand is doesn't Anheuser-Busch own SABMiller. Now. They might only part of it. Wasn't there was their big acquisition 2016. They might own a part of it in some countries apparent. Does. And how walls would they be allowed to use the branding of the war. So it is partly owned. By AB in Boca. As they be male SEB Miller issues. I mean again like you can mentioned the names of other companies in your act just generally don't than its shots fired. So I'm I'm really curious to see how this ends up. Plant here Rego yes of this is Bakken 2015. Superb agreements. Molson Coors was sold out to pickup. For the the rates to Molson Coors were sold from AB in bow of Molson course also retains the rights. To all of the brands in the Miller course portfolio for the US and Puerto Rico soak those brands were spun off everything else has retained by AB in got you. So that's how it ended up working parents react when shots fired on. So corn producers aren't you happy about that. That's so that corn the corn produces America are pissed now so walk me through this a little. Walk me through. What through what so so court made it it's a court producers are happy about this okay. So what yeah I don't really care you know I looked at oak okay big deal I think if you don't want to be like if you're one of the price he made fun of for including yours in them. Either a make a better product or you know just be quiet actually and I don't really know to say on it and yes let's take a break when we come back more Super Bowl at all. The financial exchanges and live 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. If you haven't started in the state plan yet now is the time the state and message protection claiming his critically important to those of you were nearing retirement age or are already retired. Because without a solid plan many problems can arise take the time to avoid that kind of issue by -- Todd let's do a partner with the law firm of Cushing in Dolan Thomas an expert in taxation and elder law and he can help you identify the right kind of playing for your family there are numerous kinds of drugs that are available but two of the most common are revenue Google and irrevocable trusts their major differences between material so before you put pen to paper did some solid advice from some new notes can advise you on the best way to put together your plan fishing in Dolan is a free guide out this month on the differences between -- a blender amicable trusts and you can get it by calling 8668485699. This guy can even show you how it's possible to eliminate your state Texas what protecting your assets from creditors and long term care expenses caller right now to get this free guide an 8668485699. Or downloaded right now from their website legal exchange showed dot com. 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Doesn't matter my body knows the drill anyway is we do this every chance we get. Like a kid at Christmas he's going to be the window skis at the door hot cup of coffee in hand if you dream just in time for first tracks of. Clinton January's jump over three feet of snow in lord is wide open with the over 360 acres three mountain peaks trees game six strain parks and New Hampshire is only super quiet save on the tickets as loon MTN dot com slash tickets. I've folks this is Mike Armstrong and I'm joined by estate planning attorney Todd lets you with your financial exchange quick tip of the day. They were talking about the differences between revote Kabul and your rebuild Kabul trusts have taught you what is the biggest difference between a revote Kabul verses and durable Coble trust. You know this is probably the most frequently asked questions that that I'd get here richer people just wanna know that and there are really a lot of differences but what I'm gonna do is to tell you what we're talking about the differences between a Medicaid irrevocable trust as folks there's so many kinds of irrevocable trusts out there. I wanna be clear that this is those income only Medicaid. Irrevocable trusts that are designed to protect assets from the nursing home vs. A revote global family type trust. The biggest difference between the two is that. Re vocal trust will never protect assets from the nursing a five years ten years doesn't matter how long your assets are an. But with an irrevocable trust after the assets have been put in there for five years. Then they will be protected from the cost of long term care that's really the difference well let's haired pain attorney to draft I'll trust and it's revote Kabul can I just go and have them change it to and revoke apple trust so many people love to do that you could but no. You actually have to start over the language of the trust itself is key. In making it protected from the nursing homes so you can't just make the word re comfortable irrevocable and the opposite is there not so easy but that's the big difference otherwise control wise I think you're still. About the same. Excellent while the estate planning expert to Christian and don't have written a brand new guys that answer the most common questions that you have about the differences between revote Kabul and irrevocable trusts you can press has brand new guy by calling 8668485699. However folks if you wanna download the guide today just as it legal exchange showed dot com. Once again if you want to guide paper though give us a call 866848569. You might not be able to keep up with all the latest business and finance news but we can fix the financial exchange with Barry Armstrong and chuck soda on the financial exchange radio network. So yes. Breaking news just a couple seconds ago while before we get trivia Super Bowl ratings hit their lowest level in. Ten years. Down about 5% from last year and about 8% for three years ago. I'd be really cares I've not yet seen any splits. But I would love to see these splits from the beginning of the game compared to that and just because. The game was born there must begin the game was not exciting so by. I'd buy it we react also recognized that you have the patriots in there one tenths of noble and Amazon never stopped ratings before. You know the highest run against against the rams who have one of the lowest. I've your ships in the country and this was a pitcher's third consecutive visit to the Super Bowl and get that combination it will all true but. Two of the last three times pats in Super Bowl were two of the best rated as the bulls ever Super Bowl. I don't know what the Roman numeral says but the when he gets the Seahawks OK it was the highest rated suitable for. In the third highest was patriots falcons which was in that historic comeback again yet to teams that. Pre he'd support angered members and just went. I it'd be really curious to see just you know beginning to end of the game is that a lot of people in idols beat you see how many people to turn it off after room 51 on. Oh I know I mean you that's that's honestly that's part of the two is the choice in the halftime show present or there are casual fans out there. You know just relieved wanna see the halftime show believe on. What that there are in in when you talk about you know who's performed in the halftime show historically there I mean like you go back and look at some of the names like. You had ya don't say what five years ago that's a name like you're you're talking Lady Gaga Lady Gaga Justin Timberlake like these these are like France top of the charts yeah people. I have no doubt that the number of five sell some albums but to say whatever late how many people wake up and say. Wow I can't wait to see room finally gets. OK I don't know where budget thirty something year old dudes like me neighbors had a touch on this one I don't think we are now I don't think we are merely. I don't personally love beyoncé. I get why people do you know I don't personally love Lady Gaga but I get why people do. You know you go back and look at some of these and it's just I don't know like from it this is reminiscent of in and I guess again like one of these even abandon likely you are back between fourteen with Bruno Mars that Red Hot Chili Peppers. Now to whatever kind of past their prime at the apple like it was a little like OK what are you what are you doing here and I think it's kinda how it came off so. I just I do think things like this matter and when the best artist you can get is Maroon 5 and by the white by the way what the heck was this whole sponge Bob thing that was in there and nobody understood I didn't understand. All apparently it's related to. The rapper that are blows at Travis Scott. Island some like him or inside joke was on I don't know I nobody knew what I was on I was that you sponge Bob from Italy looks at what's happening out there. Anyways so it trivia so let's let's get back I was just real court and the guys it was a five point 2% dip from last year's comparable. Which is interesting given the fact that we ratings were up this year over the course rest of the year over championship gaze at through the roof. Yet chipped chipped it AFC championship was 27% higher than a year ago. Which tells you the quality of the game matters as well. What we got for our trivia winner Mike the question was other than Julian Edelman who was only patriot not mean Tom Brady to win the Super Bowl MVP the it was Deion Branch back and Super Bowl 39. Whether and it's. Chris from Nash be at or six correct answer series taking home fifty dollar gas card and trivia has brought you by the Armstrong advisory group. With the market still volatile now's a great time for review your portfolio call 803934001. Incident or free. No obligation consultation today again and number 803934001. We had a text and that reminded me that I was wrong about my favorites are bull that. A lot of it was the corn syrup one it was not is definitely the chunky. Ripples that. You didn't see Tokyo. Got beat everyone in my house wanna throw a lot of task no I mean in what would be advertising jumped Mel I think it was a T-Mobile. It was something like anchorman died in 20 by the way I thought had a phenomenal night last night oh yeah Taco Bell Tuesday as the summer palace where they were so many relatable text conversation like there was that there was the war with your dad lake. Trying to Buick you dad the viewers search engine to now. Like they were so many good ones eyes the Hyundai dorms pretty. Check out the junkie no one now is. Utterly disgusting but yeah pretty funny little wanted to get people talking was the bud lite game of the room to cross over at which. I hope this means that they've killed all. I think it's really really I think this is what that means I am and pick it means they they realized it was getting close to the end of its run in debt paid the bud night down all the daily deal is is done. Mean they were just like everywhere is like okay how the hell were you don't like advance our marketing campaign and and dearly dearly. They're like hey wait a scheme to throw its final season let's let's get some opening to other and that's with a dead we can all hope but I would not bank all Arabic on our output on the wall actually. All right do that. Let's on the predictable they don't folks if you haven't started stapling yet now's the time estate asset protection planning is critically important to those of you were nearing retirement age are already retired. He's without a solid plan many problems can arise. Take the time to avoid that kind of issue by calling top Nazi partner with the law firm of Kush mean bill. Taught an expert in taxation of the law and can help you identify the right kind of plan for your family. There are numerous kinds of trusts that are available but two of the most common are rather Kabul and irrevocable trusts. There are major differences between the two some before you put pen to paper gets a solid advice from someone who knows and can advise you on the best way to put together your plan. Crescendo as a free guide out this month while the difference between revoke born your vote trust and you can get it today by calling 866. 8485699. This guy can even show you how it's possible to eliminate your state taxes while protecting your assets from creditors and long term care expenses call right now to get this free guide at 866. 848. 5699. Once more that number 8668485699. I can download it right now from their website legal exchange showed dot com. By the way it was there from five await sending this very appropriate text on you know why ratings were down Maroon 5 is the real reason all of is there an out of opus the real reason but it's definitely a factor just pledged like that text so as them and bring that up. Apple finally fixing a pretty significant. Security bought that it popped up we in their face time map apparently what you could do in this was to us now by multiple. Different. Newspaper outlets is if you tried to make a face time coldest someone. But then hating yourself as a member of that facetime call for group facetime. You could listen in to their phone without them having picked up. The phone at all which is beyond creepy I mean it late. The fact that this existed is we have not good but apple patching this up and apparently a software update is going to be released this week. And so. It's going to be a fix this effectively going forward. And yes somebody brought to me like well this makes apple no different than FaceBook or Google in they they have all these app privacy issues. There's a very big difference when apple has an issue like this vs FaceBook and Google right this was an accident that. Apple identified and repaired the verses. FaceBook Google intentionally. Taking privacy information ought to not users. The one wonders will this be the kind of thing that you would test as your debugging this type of stuff like. I know whip it whenever I'm going through any development of anything new that were were working on its. OK to let me just test Alec all the random case scenarios happen if someone hits just the wrong button or something like that lake. That those the kinds of things that you wanna test in product development. I would think so but not being like a computer programmer and not understanding how. Easy it seems like all the time they push out a patch to something or security update and an impact something weighed on the road that you didn't really understand and it doesn't have to be all that related to the the thing that your trying to repair so. I know that these things occasionally do. Just wonder who found this the first time like you who hasn't the first time that I ever BO had text messages on my phone as an example. Who hasn't texted himself just like Selig only detects China comes back is high like if everyone's done something like that at least once. What do you expect I wonder if I could facetime call myself would would come through. At some point which by the way have tried to do that also and that gets you some interesting results too so just a few looking to want to try something. Amazon reporting record breaking holiday sales and earnings investors are not impressive that's the headline from MarketWatch. What's what's the reason why Amazon stocks struggled in trading after they reported earnings last week. Frankly I don't think we should be impressed they don't get impressed by how much stuff Amazon sells on Amazon.com because they don't make any money doing it. Hey they really are able to do that because they have other profitable businesses elsewhere so. You know you sold about to suffer on the holiday season great that's your loss leader m.'s chairman Richard doing elsewhere. And the reason they're down is because the center hey we've got some really big investments that we need to make into when he nineteen that we didn't make for the last couple of years. What do you think the when when they say hey these big investments where where's the focus for the that's a good question I was gonna ask you that I think there's going to be some big investments probably in the prime video space I think they're gonna invest a lot and content to try and better compete with Netflix going forward I think that's got to be a key area for them okay. But then none that I would think that it's mainly got to be website hosting. So just investments in that AW as required I would think so I mean they're they're starting to you know lose a little bit of ground to the Microsoft and schools who are stepping in their little bits and perhaps they need to fend that off. I think divine more planes trucks. Yeah I think the buy it and those are not things that are cheap. You know I I think but again if they're making that investment right now I'm not crazy I don't like that investment because that's not a business that's profitable for equal it's not this. Early business that's profitable but it allows them to either if they wanna maintain the same profit margin lower cost by saying hey weren't we don't have to go through third party like US or someone like that or. If they can lower cost by bringing that stuff internal. Maybe could become a more profitable business and margins widened from you know one or 2%. To five or 6% perhaps yes that's that's may be what I'm looking out there and I think that could be part of the the calculus is his. Again planes aren't cheap you know you'd you know just walk over to the store it's a regular one of them discount planes. You know it doesn't work like that you gotta buy the real thing at that you know not necessarily full cost but. You're still paying millions of dollars for those planes either upfront or through leases most likely. Let's take a break and when we come back and talk about why big tech stocks don't seem to be. Really caring the market anymore and whether or not that's a trend that's gonna continue over the course of this year quick break and our right back with more. And include. Every child can the financial exchange on FaceBook FaceBook dot com slash the financial exchange this is the financial exchange radio net. We're still with the loss of a loved one is hard enough when it's your spouse and you're not prepared for the overall damage can be severe this is Mike Armstrong and our shark advisor group has written a brand new guide to help you with your investment strategy in your overall financial well being in the case of a spouse's death or several strategies that we suggest you consider including creating a spreadsheet of all assets pulling all wills and estate plans in compiling numerous documents such as life insurance policies mortgages and tax returns all of which will contain crucial information that can help you through this difficult time call right now at 803934001. That's 803934001. And get your free guide today and I'm sure you'll be glad you did that number again is 803934001. Or download it right now at Armstrong advisory dot com. He suffered securities America incorporated members and SIPC and advisory services offered to securities America advisors incorporated Barry Armstrong represented a strong advisory group in the securities America companies are unaffiliated representatives of securities America do not offer legal or tax advice always seek the advice of a professional familiar with the loss in your state. Your dream home is within reach with a Jumbo mortgage loan from leader bank the Jumbo loan program designed for financing in excess of 500000 dollars offers extra variable rates for both purchases and refinances all originations are managed by a leader bank's local underwriting and processing teams traditional cost information call 8776917900. That's 8776917900. Or visit leader bank dot com member FDIC equal housing lender and the lowest number 449250. Subject current approval leader bank a step ahead. They're driven started in the state plan yet now is the time the state and message protection claiming his critically important to those of you were nearing retirement age or are already retired. Because without a solid plan many problems can arise take the time to avoid that kind of issue but calling Todd let's do a partner with the law firm of Cushing in Dolan Thomas an expert in taxation and elder law and he can help you identify the right kind of planned for your family there are numerous kinds of trusts that are available but two of the most common are rev a double and irrevocable trusts their major differences between material so before you put pen to paper get some solid advice from some -- -- -- can advise you on the best way to put together your plan Cushing and Dolan is a free guide out this month on the differences between -- a blender amicable trusts and you can get it by calling 8668485699. This guy can even show you how it's possible to eliminate your state Texas while protecting your assets from creditors and long term care expenses call right now to give this free guide an 8668485699. Or downloaded right now from their website legal exchange showed dot com. 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Or email BBO leader bank dot com for more information member FDIC equal housing one. This is a special announcement for a landlords chasing down only rent payments and making trips to the bank to deposit checks take a hassle out of rent day with a zero and leader banks all mine rent collection tool he went automatically deducts tenant's rent and deposited into your account visit WWW duds he ran dot net to learn more when Z rent your payments for each unit to receive regularly on the same day every month tenants pay nothing in the first six months or free throw landlords visit WWW dug see rent dot net to learn more or call 7816418691. Security suffered through securities America income members finreg SIPC an advisory services arbiters securities America advisors think Gary Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. We wanna hear from you. Thanks Steward Barry's 263566. And let us know what you think about the stories we discuss your team to the financial exchange radio network. Joining us on the line now we actually have teams Stevens from CNET roadshow you talk about the 2019. Honda passport. And Tim thanks for joining us today that it remnants Tim first question I'm not familiar with the passport where does it fit in Honda's SUV lineup. This actually is to return to form for Honda that produced the passport and the wind wave into that into we have seen in quite a while so it's coming into Islam in between them on the security and on the pilot. Your B right now is that the larger more luxurious by passengers should be. The pilot though is their hero is you these two was actually built on the same platform as the pilot. But it gets rid of the rear roll out of the mule the mark cargo space but it also met you a bit more aggressive Lamar of the drive. The looked better off road and on public. So in terms of kind of size and in performance is this going up against you know the Ford explorers into it foreigners and the world is that is that kind of where this fits. Yes definitely things like that in the Jeep grand Turkey's most trying to bring in a little bit more attitude to the Honda as he says things which are generally considered to be very. Bet heavily friendly but not the most exciting suvs on the road there was little bit more aggressive so two and it's got a little bit more like kind of changed or that the non apology for example. And again by getting rid of that eroded to a lower orbit space and again and kind of push is a way that and we friendly mentality a little bit. So what do you like about this what does it do really well. Well it definitely offers a good blend of some off road capability but still looks very comparable to drive on road and it's it couldn't totally appalling as well but doesn't count or rating which is pretty soft this class of vehicle. And really saw technology as well and a double in apple corps played inside the car was on the sensing standard which is you things like automatic reduce U breaking. Adaptive cruise control in the lane keep assist in those moral standard. We're looking at in terms of powered gas mileage and those types of things. So it's got the same engine as the Honda power which is a two. Two between half liter V6 22 and eighty horsepower Stevie about twenty miles per gallon city and 25 and highway if you do with a pro wheel drive model. Go all wheel drive you'll lose one mile per gallon he's so nineteen and 24. What about what when you are inside this thing obviously we you've talked a little bit about some of the the off road capabilities or back creature comforts what we're I have pledges wanna feel comfortable in this vehicle. If it can play a very comfortable and relax in your that they provided and almost identical actually to go on the power which is again a really top shelf and curious we get a good all the technologies that we want but it comes entered auto and apple cart place you can put your own and get taxed only media. All the drivers is that you'd want to have a relaxed drive as well what's really nice materials and overall it's very comparable entered the race. Tim was there anything about this vehicle that eat you looked at in an after get near your hands on for an extended period time he said. Gee this isn't that great about what what are the weak points this. Honestly there aren't that many we've we've only driven the of the pre production mostly haven't done a full review just yet but it'll hold a different back there but that's what I really don't seem to be that many drawbacks. One or basic thing is it's actually a little bit more expensive and on the policy or a couple hundred dollars more. Are you getting less he see inside so if you are you the kind of person who are tied to skiing over. You know maybe a little bit more aggressive opportunity Mecca I think within the parliament unit that would go. I'm that you want some little bit more fresh looking little bit more aggressive drive that's on. So what is what is the price range on as you mentioned that it starts a little bit more expensive. In the pilot actually what what kind of ranged we see on prices. You're starting out at 32000 dollar which is a pretty good job of undercutting an accomplishment that sort of four runner and things like that. If you wanted to add on all wheel drive that we ought to spend another nineteen underdogs on top of that goes to bring you wrote it about 2000 dollar there. Top shelf he he lead trimmed with all the bells and whistles starting at about forty oh. Are good Tim thanks for the time today and we will catch up with the soon. It all right have to go and that is Tim Stevens from CNET roadshow like you've got to CRV at one point you still have to do. Yeah would you look at something that's a little bit big lake for for family like yours you've got three kids at this point. Is this is this car something you look at a do you need that third row. Now I need that their grow. The ad. Would be surprised I did fit the three car seats across and envious collective sigh I I really look for something with a third row and captain's chair seat in easily access that there grows a look at a pretty big cars sharp look and Carla. It it looks pretty nice I'll tell you Honda because in a really nice job with styling their vehicles lately related the new Honda Civic. I remember growing up the Honda Civic was this little box you know. The new Honda Civic looks awesome. The last time we interviewed when tuchman in new sedan that's been raised. Good question very good Russian right it's either been trucks no we had that luxury sedans or suvs. I don't remember ever talk about like a burden on tradition aren't just a traditional sedan something and I don't think that this court about a month or so to go in and did we do the new Toyota Avalon as well which I guess is slightly more upscale sports order number that was the one that had the ridiculous now. He looks like the gorillas like the entire front our guest looks like a mouth coming out with a mysterious physically on a Toyota well yeah. That's yeah it's just not a real I guess it's just not good they've they've made some mistakes and alum but Holland I think there's been really styling their vehicles nicely while you're at Honda. I may like I go back and forth I don't need a new car now. But I am strongly considering switching to a Honda from my pursuit roots bear reliable. And I drive a terror and the there you go discuss. Take a look at markets as we get to the top of the hour Dow was up four points S&P up five NASDAQ up sixty NASDAQ the big winner so far today. Ian markets to this point. All the time we have for this show for the day but we are back at it tomorrow with a whole lot more financial exchange.