WRKO>Audio & Video on Demand>>Full Show 2-5-19

Full Show 2-5-19

Feb 5, 2019|

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

I mean. This is the financial exchange with the Barry Armstrong and sharks are now. 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. This country is sick of watching the New England Patriots in the Super Bowl we've got some viewership numbers that we'll share with you. We also learn just how much these guys earn playing England game of football soccer so we'll tell you it's not nearly enough. Hi everybody it's a Berrian Christine Dunn with you here on a Tuesday morning. Where we're reviewing the audience numbers. Pretty poor numbers in terms of viewership I don't understand why. Yeah I mean it PM they were saying Elson is saying that there at the lowest since 2000 need about ninety point two million people turned on the TV to watch New England Patriots on Sunday doesn't sound that bad to me it doesn't sound that bad but I guess the readings that decline for the fourth year and routes and the patriots clearly not attacked in the audience that's that they would otherwise have now the aid they've been in the last three years turned me exactly exactly and meanwhile you know. Four for a network like CBS then it's really important to keep an illness because they're trying command more and more you know places where those. For this 32 ads of Leo lives and they did write that mean he charged it was a record amount. I'm point 25 million this year which was up slightly from last year even though viewership was down. Even though viewership was down so it's going to be interesting to see what happens with advertisers who might you push back then I know there are several companies that are trying to you. Position advertising around that time privacy provoke rather than buying ads during receivable itself. In the and you also solid the famous egg did you see that egg trending on social media and on which end is that though there was there was this campaign. And it is by Hulu is actually a mental health awareness campaign. And and it just put out a picture of an vague and open. There and Brian with the aunt with the egg and then slowly so easily it started to crack synthetic crack day. And then it cracked in the shape of a football than everybody that there is going to be an unveiling its Preval. In any net being a mental health awareness had been. But that and that actually cause I think more commotion from an advertising standpoint than one audiences here. Tucker to get the favored add. Not stuck out to me this year I am just stunned with the all the plate in the old players aria and no one is at and for our viewers the NFL. That's all laws it's pretty much a gallows all the greatest NFL colors or whatever arm highlights but light finally taken out the blood night. Yeah doctors it never liked delete delete that seems like it's via official and it. I don't really tell but at night. Ali. The my favorite commercial was the one with the Belgrade Franco harris' and then and then there's a whole lot of great players in the we'll just it just record and the ratings thing idling is just the patriots. I think it was a kind of a boring game. I mean I've. I've found at the same interest as the secret that I yeah I'd did you find it boring. The fact it could if I was a casual observer of the NFL yes I would think that game his. Very bored very important is we are watching it and you know we didn't turn it off at all that we we like I found it very interesting to watch the defense that if you like because you're old school and you enjoyed defensive battles and competitiveness liked to have but the casual fan likes all the points they like. What we saw from the chiefs and rams back and what we week eleven hours like in the fifties you know they let all their fans appoints him like that. So it's at a casual fan yet that was very important to you don't think it's they can do it too big markets Boston's top eight the top ten in Italy's top two victory yeah I I. I didn't. Give enough fought to the fact that the LA market really wasn't a factor in this because there really aren't many LA rams fans. I mean because they did just sold recently I'd switch from Saint Louis to LA. And it's just not a great football city and beyond so I mean we're talking about last week overall for the regular season. LA market got a ten point six which is really low was one of the worst in the NFL terms TV ratings and from me and that's do you plan to teams. Yeah exactly so pale Arabs only got a ten point six on the year and we'll see. Players get paid me in in for some of them it was a meaningful amount of money. Yeah I mean. Aren't for the patriots the total bonus when you consider the entire offseason news about 201000. Dollars per player that they received so let's go through that then and then how much did they get just. For the super. So just the Super Bowl it was a 1181000. Okay. And then after the science on each player up for the rams and the patriot named it earned 83000. In policies in place that's 29000. For the divisional playoff season. 54004. That conference championship. So that deed that pats players seized a total of 201000. In the rams walked away with a 142008000. That's right but it was curious about Mercury news. If a guy that was on the roster for three games. Even if there in actively Josh Gordon got paid care yet he raised an orange. You'll get a range of Jirga he is I mean you know I know he who left the team late in the season but. 740 yards and a couple touched on something like value was a contributor quote I I don't doubt that a is in early oh yeah he's concerned yeah. For some of the players. Jonathan Jones who's a defensive end and appease any quarterback. Was a quarter. Got a pretty good. He only makes 543000. Dollars yes which I say only that buy in a standards at the Boston yes so this bonuses. You leave. It is a factor for somebody like Jonathan Jones. It's it's big money and just as a Soledad calm this was before the NFC championship game Sean Payton actually brought out. Column that apple has laws but it NFC championship game he brought it out in his locker room. Cash. And put it in front of the team's latest what you're playing for pretty much knows that lol okay what was the coach is the I'm sure they get some sort of us that it now he's not like the players. I don't think so I'm sure all checks a bit more but yet the other thing news doesn't address the news contractual bonuses that players. In what capacity what does Donald players have a bonus that says you know and yet sentenced yet depends. Like somebody like Jonathan Jones is gonna have any incentives aside from the NFL. Once you've just boats can be like gronkowski. Or re a pro at some sort of incentive for reaching the Super Bowl. In morning at an instance that this as he cracked. XID thing in China and India separates it and if it is. I think it's going to be given that the whether it's probably gonna set our Boston record. Well I think you'll the record is from the Berlin parade and believe crime when he eleven. Worked two million people showed up for the parade. On and that would have been in June hacker correct but today's you know sixty degrees since the patriots in the college kids are gone and call it. Colleges in the area camps closets. That out now because it they can't get to there classes you know simulate Emerson I think they can't classes and whoever else is in the area there. The real problem is I schools. Yeah. Yeah you week tell you hear me tell you seventeen year old high school senior I have a feeling a lot of high schoolers to the tail off absolutely parity in college are you a lot of them you know party you know if you're definitely seniors took the don't got a senior writer is this the tick off the senior yes exactly. Right. Anyway a certainly a big celebration going on in Boston to. Google parent shows the cost of branching out still growing 20%. Yeah I mean quite a bit of growth but the act capital expenditures those investments that alphabet the parent of Google is making in and other technologies. On definitely impacted margins mean just investors were a little bit concerned about the rising costs bit sound. In other trying to invest in more cloud based services which of course you know Amazon has been very very successful at not things that they're trying to catch up. In other things like and I end and driver analyst vehicles. The day if they are the eventual winner in driver Lewis technology. Can you imagine the financial impact on the company. You know whoever gets there first if there will be very big impact because the if you get there first. And they are there first legacy as you can hire a ride. In Phoenix Arizona today over the drier taxi. If you can get yours today in certain parts of Phoenix you can. In in in what happens there Christine is. They keep accumulating mileage so your your Deans are exponential because you're getting that experience in real life traffic. Rain. That you can then use to further answer technologies. The two players from what I've read. Continue to be. General Motors with their technology and cool but in General Motors technology was really really good. Their stock price would be much higher. The it is obvious to all that coming up or talk about what it looks like. To be a full time driver for Hoover. And lived in New York City but these same thing can be said for the market that your. How much do you make in what kind of hours you have to work to make a decent living. Driving for Hoover or lift that is next on the and talks to. Me. This very good charts graphs and numbers all day 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 a spouse's death or several strategies that we suggest you consider including creating a spreadsheet of all assets pulling all wills -- 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 SN BC and advisory services offered to 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 laws 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 -- Kabul and irrevocable trusts there are major differences between material so before you put pen to paper gets some solid advice from someone who know 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 -- 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 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. But I don't think people really understand. How they can be used and why they're so valuable to the small business community. They spare yet we had been really focused on providing small business lending to local communities and local business owners. And the programs that are available power very helpful so we are preferred SBA lender you know what that means is that. We can quickly make decisions and under rates small business loans in house. Andy to be used for right purposes for small business owners give us an example. Well one example that recently happened was there was a a restaurant in Cambridge when I was growing very rapidly they are always full occupancy. And the space next Jordan became available. So they wanted to. Take on that space needs capital to sort build out. The restaurant. And you know was about a 300000 dollar loan. About it how many years did that 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 that rexrodt it's grown tremendously them as is one of one of many examples when they're landscaper or. Factional services unit loan officers that are available to blog talked of 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 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 ain't 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 text club tell us what you think 24/7. Right here on the financial exchange radio network. 77 forest telling us they're going to be three million people. Let the parade today. Now we're shocked them when shots when the weather's just too perfect to temper now. 413 says that the viewing audience to channel four in Boston reached an all time highs that truth we know I answer Boston numbers but amidst all the sensible world. Now concerned the teachers are so evidently he did and other games very that would about last year you were I mean. It's. Yeah that six championship. And we lost last year I think that was a factor too you know they'll bring that type of sure don't want. All right let's talk about Hoover in lift drivers. News that Serbs captured. Probably where I use it very I duplicate it and going to the airport or something else and taken its cheaper than parking at the airport the and indeed and very convenient way to you and you know when I'm traveling around these embers that. I didn't and number of people that very increasingly turning to lift. And I competition is definitely see a lot more of their vehicles now which is interesting there are a little bit less expensive. Generally speaking there you know maybe 2% less expensive than exports. And peppers had a little bit and it's halftime to pass. Rain the reputation only think about your lift isn't guilty of some of the scene yet you know the atrocities and just minutes stay at the press it. Ray ray. Did the Eddie it's interesting to look at the way did the unique Asif here in cart we are and when last night and he's talked to a driver's single mother and one of the things that she really liked about it was. She can work whenever she wants him and I guess she'd been working this is that last night. She picked us up at the airport at 5 o'clock and she had been working since five via. So she is she's made a good bag of money rain during that time drive and all over. The city and but the knee the thing that the drivers tend to like is you get paid immediately. Rain so you know the ending your shift if you say if you're out of money. Right let's say you're running your household as a single mother right. TV checking accounts little low I've got to jump in the car makes him and ray ray and that she can go out there and do that and you know some of them can can pull and you know upwards of my 6700 dollars in debt is now depends on you were. To get at that. You eat it looks like for nine hour shift. You know you can make two to 300 dollars of it but then their bonuses that you can hit as well. In some of the bonuses are pretty substantial so a good driver for whoever left might make 70000 bucks a year race but that doesn't include their expenses. Well and I was gonna say with the maintenance and everything in the land here in your car. In now on again I mean gas and assuming they captives interpret the terrorist camps. Be babes or absorb all of the expenses. If you're driving. And and Vancouver and lift take 30%. And the not to really be to think about that rate you get a fifty dollar bill which is a high bill. Right now and that's that's a fairly long ride if you get fifty dollars and they're only 35 that fifty dollars. In nanny and that she tipped it and the key to spray. That the he the he now serves credit card fees as well because it means you're being paid by credit card knowledge that Clinton. And that is that part of the 30% do you think that it in the tape I don't know. Made any idea it's a good question IEA I don't know the answer to that Ollie knows that the never lift both collect. 30% there's a new one I've if you use this thing called Juno the guys are never good to have I've never heard of it it's a it's less expensive one. And it the date company Juno and and download their app is the daily takes 60%. So the cost to the consumers glasses well. And that's just in the just piggybacking on the technology trade but people in certain parts of the country using June there's a lot of tips that there are a lot of bonuses that the drivers can hit. Admit I was a little bit surprised. Only 20%. Of the rides. Given gratuity. Yeah I was surprised about that as well you know began to mean. You may think that they lead. That they would include it but I guess people are feeling like they're paying enough with it than that they're not our or is it the transactional they were with the credit credit to stagger it's done and you know. Need to get anything more it's you don't is you get out of the car. And they send you an email saying you want to your driver. And rate your driver I ain't so I was rate my driver five stars and I give a gratuity in me and I democracy this give you suggested amount like 101520. What that dollar amount would be made but still only 20%. Our giving gratuities to their track product like they can slip away right in need to be an ever see him again is exactly when you're facing the person you feel more inclined to give them something you know and when you're not wearing it at that party. We'll keep them on them like when Hoover first cam out those one of the like marketing things was like hey if you read on that took the driver really just all the pitchers take much. And Overton at tipping to their capital. June of two when he seventeen. Was it to really become an option. I'm so now you like you said and it pops up when your rights complete if you want gratuity. I asked our audience and that is our poll question today on the financial exchange. Website financial exchange or dot com do you tip your who burned the driver night. Said yes 57% of our listeners to their burned the driver 42% say no. Do we favor participated in that poll because I'm curious as to whether the numbers we're getting because our source was was it CNBC. Yeah our source said only 20%. Tip there who burned the drivers they seem low doesn't seem to be you give them something right EU might. Two bucks I. You know you always should. Tip these guys got their work and I'm usually tipping between two and five books and yeah depends on your high rate down and what does mr. I'm in now and knowing 30% taken out the top plus expenses and yeah that's that's quite as consumers you want them to do well. Then because you want it you don't get to the airport and find out you have to wait thirty minutes for cart picked up. You want them to be competing for your business and you want that show up and indeed you're right that's always the big judgment call win do you forty car cost of it's a science. CK speak easy can't you could ordered as you're getting off the plane up and there on the tarmac okay right eat you risk having to pay the extra Mexican athletes something. Right yeah. Well with the new look and changes coming it's going to be harder to get those points and run and well because they. They re configuring. The airport so that you can no longer get rides right in front of the term whore that's terrible yeah and I think with those story that we did something all right but I think news supposed to improve things they are injured traffic overall that basically they're removing him righteous and it rained because they're saying it's clogging things and I came into terminal B and it was pretty well. Yes the guys that Russia is on I'm not going to be able stow your. Friends and the American view account via pick and the new gas. Now that's right that's right yeah yeah you're gonna have to take Nancy immaterial to opt again physically to be no. That's terror premier rush cardinal Rashard they should meet that Claude ever in just a zoo complete zoo yeah Logan's airport. He had markets are up written Dallas rallying 116 points the S&P 500 is up eight points. Russell 2006. NASDAQ is up 46 points. Will have Wall Street watch when we come back. Crude oil trading down 26 cents a barrel at 5430. Gold's down a buck and half announced that thirteen 78. We'll be right back. It's very Christine and Tucker on the financial exchange. Like there's something. I was on Twitter. Show breaking business news is always first break you on the financial exchange radio network. That's. 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 two things rentals lesson tips and entertainment that's because one of the largest nights in areas and all of northern New England fans when 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 a job. Pats peak ski area and had appeared New Hampshire. Pats beat -- interest premier ski and -- -- is wide open for day and night skiing and -- close to home there -- three terrain -- with plenty of park features the snow tubing park is open on Friday afternoons and weekends and holiday periods for the latest info on conditions photos -- news and events go to pats -- dot com if -- -- and -- property manager rent collection can be very challenging especially if you -- multiple properties -- bank has a program that can help -- 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 -- to enter their information and manage all their security deposits C deposit also automates many of the compliance headaches for landlords such -- generating account disclosure forms and will even -- annual interest payments directly to the -- it's easy to get started just called -- deposit team -- 7816418691. -- deposit is a free program to if you're a landlord or property -- -- today and make it that much easier to collect and manage your security deposits that 7816418691. Or visit them online -- -- deposit dot -- member FDIC -- -- a step ahead -- to. 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. He suffered securities America incorporated members and SN BC 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 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 by calling talk about ski a partner with the law firm of Cushing in doling out as 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 Kabul and irrevocable trusts there are major differences between material so before you put pen to paper get some solid advice from someone who knows 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 -- a double 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 downloaded right now from their website legal exchange showed dot. Come. In medieval times sharp 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 download it right now and Armstrong advisory dot com securities are protestors America incorporated member of generous 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 there are still buried in jug right here on the financial exchange radio network. Wall Street watches brought you by leader bank if you're in need of a purchase or refinance loan leader bank has 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 close call right now for more information. 8776917900. Or visit them on line at leader bank dot com member FDIC. Christina markets are rallying overall the Dow up 132 points I would think that bowling airlines is contributing to that route. Absolutely. I mean this shares have been hitting records. You know the company is saying hasn't really strong backlog of aircraft orders and you know it's one of the companies that actually sees a benefit knowing what's happening in China no union the company is seeing that China's air air. Airlines market is basically growing in its C to become the biggest airline market in the world overtaking you last. What they're grow it to the growth in Chinese air travel is greeted in the growth of the rest of the world absolutely because UCC a whole kind of rising middle class that is strange travel. You notice the Chinese didn't put tariffs on American planes turned pro. At it they didn't need it. Exactly so and it's not just yet traveled to and from China within China itself domestically. So that's definitely benefiting borrowing which. In his is seen very very strong demand there. When the Chinese or any foreign country. Buys a Boeing jet Saturday you'd be probably knew this and make its logical. They buy it ended the terms of the year purchase earned American dollars. In the little blanket they borrow the money. Those loans are an American and sciences which really constrains them be as it relates to their currency. Because if they you know the Chinese and other countries have been accused of currency manipulators will doesn't help you. When you borrow in American dollars I received by one of these jets from Boeing where the year China or India. You're still paying him back in American dollars even though your you might think all Smart the ball to die or currency that and help because you still have to pay back. The Boeing back. Is seven years yeah yeah it if you called bowling today seer Air Canada and you say we think we're gonna need new object. Nearly seven years. In years very I mean that's that's this strong positive for Boeing for sure but. Yeah I mean they're saying that the Chinese market they're gonna had about a million passengers in the next twenty years now. But he is rising middle thoughts absolutely. See gamble their schools with a unique they'll come to school over here. It folks if you haven't started in the state playing it now is the time the state an asset protection planning. Is critically important to those of you who are nearing retirement age war are already retired retired because without a solid state plan. Many problems can arise take time to avoid that kind of the issue by calling Todd what's key. Partner with the law firm of Cushing handle Todd is an expert in taxation and elder law and he 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 roof portable and durable their major differences between the two. So before you put pen to paper get some solid advice from someone who knows and can it buys you the best way to put together you're plan. Cushing and Dolan has a free guide out this morning. On the differences between revolt global and durable global trust in you can get it 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 caller right now to get this free guided 8668485699. That's 8668485699. Or download it right now from their website legal exchange show dot com. So I understand. Connecticut residents are not paying their Massachusetts polls taco. Well it looks like since Massachusetts install of the electronic polls they're relying on the on a few drivers to pay if the driver goes through and how one of those electronic. So I guess Connecticut drivers of about five million dollars total to the seat in mass chaos at. Exactly Massachusetts has agreements with New Hampshire in the mean in my throat islands. To enforce. That situation where those trapped drivers in those states they can't. You know up there registration and everything until they paid him mast is skulls and Massachusetts does not have any kind of reciprocal arrangement Connecticut's been negotiating right now. CA and for the life of I've never understood like genetic it abandoned tunnels and the talk about easy money if they about all the commerce between New York City. And Massachusetts it has to go through Connecticut and you can avoid Rhode Island right there you go eat it for me and and avoid Rhode Island but it. I and I don't understand why Rhode Island is that tools they gave it an an odd an advocate for tolls. But in terms of easy money for a state to collect rain moment aid and a lot of it's from out of state because what you can do. And her New Hampshire still does this or not but what New Hampshire used to do was if you're an in state resident the tolls were lower then you're an out of state. Or I didn't realize yet so I pay in that you you could do that as it does there's a lot of resistance to the tolls in Connecticut says there should be everywhere. But if you wanted to sell that to your population he could say it was. Well it's gonna cost a Massachusetts resident fifty cents to go through it till it's going to cost you 25 cents. Did they did based on me when it's me and you even when it was electronic. That's a good I'm going back to mean you've seen he's been edited yet remember it. In New Hampshire used to buy a package. Tokens. Choose to get through the New Hampshire tools and there are different prices based worry. Anyway that's the yeah. But today I I think Connecticut. Towards tolls. Yet certificate talking about it now two things that Connecticut will dues that put tolls on their ways in the legalize. Their one. Your prediction but that on the board and I are talking on the market in nineteen recreational marijuana for sale. In black eight course are not posted its I don't. I don't know if they'll actually be first it'll be for sale that they are illegal so as will Rhode Island New York State's going. Everybody eighties the whole country so what was the date. Now in terms of being able to piety kinetic yes it takes a long to get the regulations. That how many stores are open in Massachusetts. While I know those 21 and Leicester one in north. And want to Salem to Salem there's three but I knows a few more opening. In the near future so one in north and root cause problems. Traffic traffic indicating. To you. Here you can even drive yet if the walk. Use it it's I think they'll line up with more stores opening overtime alone oh well you know and the prices. The even the dealers are cutting prices the dealership. If I mean. I I I do a show today address and Ochoa. A path to reduce their prices. Just give it now. To gauge the health of the global economy look to purchasing managers this is true. India and it makes a lot of sense to me is there at the answer really seen transactions happening. They're controlling you know. What's been ordered in and what's being manufactured in Sina I mean they were talking about this report they're talking about one. Clothing manufacturers. That. Is being so conservative about it that even though his forecast was taxis only ordering 75% of expecting that forecast actually. Ran down well and that can cost you money. If you're wrong. That's true because that's a you reduce your order by 25% to 75%. Range but then the demand is there. That means that the the in you have to go back in order again rightly acting the same price. Yeah and you have to wonder what's in his thinking that that he's making that bad I mean presumably he's seen something in the market before it actually you know coming to pass it's telling him a. I sealed a lot of the you know one night Dubai or reading it still see a lot of negative sentiment but then I'll look at some like the jobs report I mean he's just so. It's so bar built race so on one hand you look at the economy in a measurement of it. And you seem like I think things are just cranking raided the economy's just on fire it's ripping. But then you'll read a PMI report saying what she had that looks pretty negative. You know those reports are based on historical information so now we're trying to figure out what can happen in the month to coming. EC we have I think coming in and add up and coming story the fact that. They're ramping down significantly in Q1 earnings forecast yes. And very very significantly small businesses are sank back you're seeing everybody start to tighten things around and PMI is there than it if I can almost be self fulfilling recessions. That's true patriot everybody's nervous about it he's nervous that he you know had their nervous because things are good. I think they're nervous because there's a lot of uncertainty out of these trade resolutions. Lack of trade resolution blew it what do you think country indeed I think we get a trade deal about it and we were down to the last month. Dad I think it's a question I think the question is still have you talked to somebody informed. Who you might know personally what does he think. You know I mean the people that I've been speaking Lance and have unit they all expressed hope. Yeah optimism might be ten connect an apple more of pessimism and optimism and so far it's the balance and I've been hearing movements. I've policy guy I I don't know what happens there and eat it's almost like the two countries have to do a deal. Because they both did damage being. Tremendously if if the good marks for its march 4 as a dead right right Eddie Herrera a deal by march 4 there both countries are gonna get hurt. Quite dramatically site I logic would tell you where they're gonna do some kind of a deal but as to whether or not gets done. That's a whole different story. So it's a style isn't I mean you may use me there's so much rhetoric that gets done about many fewer. If if you're doing if you're doing an unannounced another business transaction it's not on the global. Political stage. I can see posturing. Minority chided drive to the deal but when dealing went. A political climate. And and you have to maintain relationships in the kind of posturing it causes this much anxiety yet. We've seen it and it would seem to have a negative impact overall even if he'd get to the right. Re great day that it changes sentiment. It changes sentiments it to your point about the self filling prophecy you're actually shoot yourself in the flatten if you continue all the rhetoric in the past chain that is the deal even if you get to the dealer everybody want to get everybody is Michael what can trust. Yeah. He coming up will be joined by Lee in all didn't. Schwartz or from seeking alpha we've got to stocks are going to be talking about grab a pencil paper stock talk is next on the financial exchange. Just sits in stunt done. I know you're portfolio keeps the financial exchange with Barry Armstrong in jokes done well 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 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 revenue Google and irrevocable trusts their major differences between material so before you put pen to paper get some solid advice from someone who know 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 -- 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 caller right now to get 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 in 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. He suffered securities America incorporated members and SIPC and advisory services offered through securities America advisors incorporated Barry 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 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's had a pats peak on Saturday night's 41 low price from 3 PM to ten via reverse ski. Snowboarding two things rentals lesson tips and entertainment that's because one of the largest night skiing 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 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. Pats beat southern interest premier ski and snowboard mound is wide open for day and night skiing and riding close to home there are three terrain parks with plenty of park features the snow tubing park is open on Friday afternoon to weekends and holiday periods for the latest info on conditions photos videos and events go to pats peak dot com hi this is Barry Armstrong and I've been doing business with leader bank for many years it's not too late to get a great rate on homework leader bank specializes in a wide variety of purchase and refinance loans at some of the most competitive rates in New England. A dedicated loan officer will work with you every step of the way and their local decision making means a faster closing we're bank is the number one purchase slender 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 cold 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. Subject to credit approval leader bank a 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. What can and change. To believe. It is time reverse stock talk we're joined by Lee in olden Schwartz or from seeking alpha to talk about two stocks one a pretty good dividend Payer Lynn welcome to the show. A study about Enbridge. Five point 9% dividend yield. One of the largest they companies in North America there about the deeper and crude oil on and national gap in the world of Canada. Is this an LP. They used that they've righted up he'd be on and Bridget now that the court and maybe the consolidated. Multiple their partnership and their. Okay I'm looking at it and their earnings are 73 cents a share but their pain out to dollar and 21 cents how can they do that. Because an eighteen companies the more important metric is typical cash flow. Though off. Art art and earnings are affected by depreciation. Read the actual digital cash flow is much higher. And trying to hang out they're targeted less than you are spent but it is built as well as the big dividend and economic and if you want and. And it you know at a rate that broke twenty years and expect to read and edit and and year. So by paying antibiotic to campaign in college 3738. Dollars a share. What do you think this thing's gonna be worth in five years. I get immediately over its. At it's nothing major step back. And how's the security of the dividend because at the you know somebody might bias say they might put a 100000 and I think a while and get five or six grand a year and cash. I moderately higher they have. He credit rating it's what I credit rating in the midstream industry electorate and their belong tracker. A growing their dividend. Tiny panda bear cash flow had contacted you resistant to commodity break into it but. It's all about her vacation and going to let you know the bulk of their portfolio and it happened that the good for you know maybe it's read our an allocation well. Right right. It and I guess the risk would be Boyle went back down to 27 dollars a barrel would be in trouble. I'm not immediately nobody gave Taylor raised their data in through multiple. Decline in oil prices. Because they make their money from transporting the oil and then look at rather than selling it directly. I mean there needs. Metre long term then there. Or production opportunity Kris girl all year long period of time you do accurate all commander cooperate is. Back event they expect their growth rate there you know and pipelines. In nature late pipeline. But their credit is due on temporary oral ration even lasting you know year to year. Really big east Regina Saskatchewan as at their headquarters and dollar okay. Micron Technology no dividend here but it's trading for 39 dollars a share of the symbol for his and you what do you think. That they wanted to three major global predicted. You Graham government backed up everything in computer data better. A mark on. The other Q are both in and South Korea they actually want now abruptly at three. We dump it on nine are anabolic. Lot of any industry consolidation in the past a decade now. They outdoor wanted to pick metre something that would be. Flash Memory. And so the it's 39 woody gee do you think that stocking go hire you bear shot. All I originally are recommended at least amber went live you know low of just under thirty not met. And when he and it is it was over sixty EP disparity because this is the hardly typical cyclical industry. So the last downturn with and when he came it ain't yup because you ramming and despite expected spare. Married and they're very commodity like most gamers don't care what brand they're there for amber there don't. Last name it know about your. Yet it not written power the ball about buying demand accurate if not why that long number of players in be important that the outdated they're buried the goal by Mori will. So I ask you same question on Micron Technology by holed it for five years tournament looking. I would expect you to. Comic. Eager you know at. Purdue that -- thank you very much free time we appreciate it. I lean Alden. Schwartz are two very distinct stocks that we're talking about one an energy stock relief transporter of energy. That was and urged the symbol for Enbridge was he and B now that stock had a dividend on it. Of five point 9% per year which is you know quite remarkable when you think about it. Because what you could end up with news you know nice cash flow from the dividend and a rising stock price or straight can go the other way as well. See at Enbridge energy ENB in the and you have Micron Technology the symbol for that stock is and you know no dividends. On that stock Christine but she thinks it could be worth seven bucks a share in a mere five years right right now I'm wrong that. I'll take that. All day. We knew look at the market. It doubt right now we're up a 163. Points the NASDAQ is up 57 points the S&P is up twelve points just a the broad based rally even the Russell 2000 is crude oil is trading down two cents a barrel at 5454. Gold is down forty cents an ounce at thirteen eighteen silver's down three pennies it 1586. Euro trading at 114. And here's something interest. The ten year treasury note yield is only two point 69%. That kind of confirms what you're talking about earlier in terms of anticipation. Of a slowing economy that ten year treasuries that wonderful barometer. For trying to figure out what's gonna happen in the economy going for just trading to 69. When we come back we'll be talking about the Federal Reserve that's next on the financial expert. It's not too late to get a great grade and home mortgage leader bank specializes in a wide variety of purchase and refinance loans at some of the most competitive rates in New England a dedicated loan officer will work with you every step of the way and their local decision making means a faster closing calling 8776917900. That's 8776917900. Or visit leader bank dot com member FDIC 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 stance 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. Fil -- info go to pats peak dot com that's pats peak got a job. Pats peak ski area and had her New Hampshire. Pats beat southern interest premier ski and snowboard mound is wide open for day and night skiing and riding close to home there are three terrain parks with plenty of park features the snow tubing park is open on Friday afternoon to weekends and holiday periods for the latest info on conditions photos videos and events go to pats peak dot com hi this is Barry Armstrong and I've been doing business with leader bank for many years it's not too late to get a great rate on home mortgage meter bank specializes in a wide variety of purchase and refinance loans at some of the most competitive rates in New England. A dedicated loan officer will work with you every step of the way and their local decision making music faster closing we're banking is the number one purchase slender 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. 8776917900. Is the number to call or visit them online at leader bank. Dot com member FDIC equal housing lender MLS number 449250. Subject to credit approval leader bank a step ahead. The money matters radio network WB MW Lemmon William and W 275 CML. 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 guide 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 ever when needs to prepare for but. Lot of people don't take the steps because it's a little bit intimidating so let's start from the beginning. Opens to both 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 soap. 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 real warrior 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 803934001. Or you can also get it Armstrong advisory dot com. Security suffered through securities America incorporated member finreg SIPC an advisory services offered through securities America advisors incorporated Barry Armstrong represented their 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. And 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's 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 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 get 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 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 downloaded right now from their website legal exchange showed dot com. Hi this is Rachel from Shawnee peak in beautiful Princeton man. Johnny peak profits forty imperfect trails or boasting gorgeous views of the president to mountains. And lakes region of the name. Come skiing entreaties we offered stiff and related areas to play and and free spring practice range from begin tenth street expected to. Did you know that Sony deep pockets mean most nights he 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 full at Shawnee peak now offering outstanding conditions for all of abilities visit China keep dot com for info events enough Christie's schedule and blizzard pop. It's pretty hard to find a bank that as a checking and savings account that can providing 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 very 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 two point 05%. Annual percentage yield if you're searching for great rate it's time to call leader bank at 8776917900. In addition you'll receive a free information packet featuring a guide to sigma businesses that number again is 8776917900. Or visit them online at leader bank dot com. Minimum deposit to opener annual percentage yield is two dollars two point 03% interest rate messrs. insulate these reduce earnings re subject to change without notice leader bank a step ahead member of the icy. And me. This is the financial exchange with the Barry Armstrong and jokes are. You're exclusive look at business and financial news affecting your day you're simply too. World stay informed and up today about economic and market trends plus get breaking business news every day. And now the financial exchange with the very Armstrong and chuck son. The Dow is up 470. Points the S&P is up thirteen points but in the interest of public safety. We have identified a few things to be concerned about hi everybody it's very Christine Dunn and you know Ali hits it. Economy. Just seems to be ripping. But there are warning signs of Federal Reserve survey shows that tighter lending standards. And weakening credit demand that's the headline from the Wall Street Journal. That's right I mean banks are expected. To tighten standards for a variety of loans including all categories of business clients. As well as credit card loans and Jumbo mortgages. So there are kind of anticipating a decline in loan performance for me all of these survey categories. What do you think they base that it would it be what would they rubbing on their crystal ball that makes them. Nervous is just too long and I mean the economy's been going strong since. March of 2000 and right were goal that we're approaching ten years. Right that they're taking a look at things like. You know orders demand moon and the manufacturing the fact that you know we're seeing a slowdown young in you know demand for manufacturing. I think people are wondering a little bit about the housing market as well you know. On you know construction and land development loans are things that that the banks have are ready Easter it's taking on and so. So I worry about. The small business owners because they're the ones that really drive. Business activity you know we all. We we tend to focus on companies you were talking earlier about Google and Bolling air lines and eBay in Micron Technology and those are companies in play. Tens of thousands of workers right. But the fact of the matter is most of us work for small companies and the vast majority of Americans and world global work for small companies to you know. Five employees to have any police dia. 55. I mean I take the Izzo is that's where we live no we we always talk about bowling great tennis you know tens of thousands and. Exactly and and but small businesses are saying attain that they're getting worried there not making as many investments. And there it is adjusting their hiring plans to think that they plan to your point very. The DVR. But here's the difficulty is. Anything that is survey. Related is awfully tough to gates is in gaelic if you're looking at an earnings report you can look at he said okay well did you grow revenue vs last year. Did you grow your earnings vs last year you know what is the interest rate on your dad but those are all things that are quantifiable. The thing that always broad bothers me about sentiment surveys. And make it has a small business owner sentiments are diesel we laugh at myself you know. If somebody could wake up on the wrong side of the bed. And just answer the questions. A little differently rename my normal parent you voted in I don't know AF. I don't worry too much about surveys I I I do worry about earnings reports. And that's that's something that Iowa's track the other thing I track often. Is marginal comment how much stock is being purchased with a borrowed money. Right right and we are assigned to see that. People are coming back then after cutting back in December at the January Rowley definitely encouraged people to start using arguments again. He's saying he would come back there yeah BA yet margin loans on the increase. That. You know that the problem margin calls I I've never been one to buy a lot of stock. On March. Just because I'm afraid the negative consequences now. If if you're probably should have a ten years ago I shouldn't you know borrowed everything I could and bought stocks. But it didn't. And that maybe you know that slows down your performance has been a rising market for ten years. When things go sideways the people who really got hurt. Back in seven eaten early nine. Where the people that have a lot of markets may company called them and they your losses or double right there double that you're gains are doubled your losses or double. And that it's that's problematic. But you are starting to see. You know a little bit of a revival. In in in marginal so on a day where the Dow is up a 162 points. Formal O'Neal's cancer is fueled by obesity. Are on the rise Tucker you gays serve with fat and lazy this process. This surprised me is that normal meals a pretty health conscious so negotiator he's kind of no surprise there heaviest on record you know it is very and Tucker you guys opposite yes you were fat kids in naivete out fat adults. Yeah I mean as a generation I'm not speaking useless right right now writers in in I wonder Christine if it has to do with the week. The race because they were the first ones raised with. You know all 24/7 online tax rate the Indy be would play on their if they were watching TV. Their plane on the computer and on AOL instant messengers like you guys grew up differently than previous generation junior the first generation. Today to have access to all the technology and what that a lot of it is in technology base I mean yeah I think it's definitely a factor. They just not moving as nuts there I mean in general reliving a much more sedentary lifestyle if you think. It houses and he can think houses during the baby boomer generation isn't and houses during the millennial generation. If you think about where people aren't literally building. To their maximum capacity and the properties. Which means there maximizing the usually our taste yeah is to play more right all the kids are inside now more than their outside and then they go outside they get in the car and they get driven depleting its they're not outside plane was I studies you were driving through neighborhood they're out their please street. Nodded to you don't see it often. Yeah I mean. I not glad active very fortunate that in my neighborhood we still maintain that we have so we have kind of a natural just the topography of the area amateur island but I would say on average you don't see it. You're six obesity related cancers they showed startling increases. Among younger adults. They work Colo rectal cancer endometrial gallbladder kidney pancreatic and multiple myeloma. Cancer. And cancer of the bone marrow that pink ticked paying creating. Cancer for example. Typically diagnosed in people over age 65. He now says found that the average annual increase for pancreatic cancer was four point 34%. For people talker 25. To 292. Point 4%. In people for ages thirty to 34 and one point 3%. For 35 to 39. So if it's legally now. Among mole and not go eat that dramatically eagle on board 5% among millenniums it's not increasing dramatically on older generations. It is that it's the obesity. We've talked about it before I mean it's what 40% of our population. And it's forecast to be 60%. Of the American population within another ten years. In the problems if yet if you re using children that are suffering from obesity. It's am more likely to be pieces that it. We're in attendance yet they're not necessary is gonna outgrow it as male particularly if they're living a pretty sedentary lifestyle that's for sure it's really tough to. It's a suit and it's tough to beat you know it's a tough it's not something. That people you know people seem like there serial. We lose and are always and so on a gimmick director Randy you know some way to. Magically lose it there is no easy way to to lose it right it's increased exercise. And decreased. Calorie into and change in the technicalities. Yeah it's oh yeah I Baghdad that's not cup. I have to keep disciplined no it's like it eight. And it worked out more and eat last that's seems to be the idea. The the magic. Method of losing weight. Becoming upward be joined by an old friend war animals there. Is gonna join us for conversation regarding modern monetary theory M&T. All over the place will be talking about an empty and modern monetary theory next on the financial exchange. One short little tour everything business and finance future of 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 by 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 drugs 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 get 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. 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 there are 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 two 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 statement. It's 6 AM clear as a bell and winter quiet I'm watching my breath turn to steam. If I turn left out of the driveway there's a mountain of paperwork on my desk if I turn right there's a mountainous snow at loon. I am turning bright yeah. Work will still be there tomorrow January delivered over five feet of snow and lose a wide open. Three mountain peaks tree skiing award winning terrain parks and New Hampshire is only super fight to save on tickets at loon NTS dot com slash tickets. If your land border 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 stream lines the opening of -- security deposit accounts -- totally digital experience with Z deposit landlords can open an account online invite tenants to enter their information and manage all their security deposits C 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 have Euro 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 net member FDIC leader bank a step ahead. And I say no you probably think that the step that falls out of the sky and more we see it differently at Kramer's known as a form of art. They crafted saved at improvements 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 we 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. Is Cole a brutal England 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. The study of economics is an inexact science at best. We're today joined by Warren moser who's considered the global father of modern monetary theory good morning warm welcome to the show. So let's talk about a daughter modern monetary theory. How was it differed illegally letting you make we've all heard of Kenya and economics what are some of the other economic theories that exist and are prevalent in the in the world today. Well what narrow it via our skeptic Allred and retreating into yet barks again. Currently expect according to try to do what's important about adult. Book. Cut and satellite and extreme congressman talk about it and so they're borrowing it so it's because before. Destined to this way when the government. Clearance as a deficit. Or two problems of public. Number one it could cause. He spent too much money you could chart a price that you can run out of supplies. Then you trying to bite me it is not a go Yugoslav crisis to. That doesn't go where they are still. The other problems to worry about is or BitTorrent agreed. Default or Argentina Venezuela hoping that air. Appointment created debt is gripped our attitude because that is currently. It knock it out potential problem carpet on your total. Or Qatar before we start with the that was kind trillion. The debt is arc between the problem. Gupta what you can. Bet the got a trillion dollar tax cut in supporting candidates that are probable to play against Oakland down so. Important think that it would be great artists. I get a putted the potential problem that's dark and we show a debit and credit should the public expect it to what our. We need to worry about parties there were about borrowing of agriculture and you. Do all the focus on the first problem. Which is what should you look up your capacity in Europe. Apart. Period. It's all about what the real capacity the RB is. Utterly. But warned that it's counter he beat the difficulty would modern unitary theory is it's counter intuitive. And politicians from both the right in the left all we promise along and pay off the deficit right Obama's that it. President trump said it George Bush set an eagle back in time to run every politician in the history. For the last fifty years and said I'm gonna pay off that 21 trillion dollar deficit. Rig it against minority billion world didn't know Africa because what we're saying is. There are two totally different port and so they're sort of being recognized and largely isn't that topic. You. You know to that question at our local support such Eckerd and treasury officials are brick. Private sector hedge fund managers or body or failed Tuesday or Wednesday. Dayton where. Our problem okay but it probably happened quartet which. Is going to be a problem that jumpstart order parceled our power to adjust edited out attributed. And I think. Raced into or out the article down again. But what are you would if you're China and your borrowing American dollars to buy Boeing jets. Will dole here isn't doesn't that change the quickness I think we you're talking about his domestic spending where is not a. So what our respect and target by. Medicare fraud could we afford to greet deal could we afford. It's not about the body about whether these programs and RC palatial accessible to assist you to under state to be used to be about the bar. We can't afford their check local programs that are to Greece it is critical. Outlook yet we are and what do you expect. That that is true that's important I think it would yeah. Yes we have to worry about what is credit crisis we're gonna do but he kind of what could go to work every day because after alarms. Don't have to worry about. All these proposals. Are coming to congress could go to do a war to stop that it is not critical broke. Could drive up interest rates and not think could be there. There's everything to do with little older and think our support. What capacity is superb approach to shift where there are these programs that are required support it. That big a term they are that they're gonna show what you gonna do their candidate doesn't. So you don't marketing tactic. That the bigger look at China. Enrolled are suited to that have been so what percentage. I did and stayed out and get that they've never got programs opposite problem. Purchased opened and 3%. Evidently had trouble. But come back let's go back to the the discussion about. When your China in your borrowing money in American dollars that have. There. Are a lot of basically do law. Getting big trouble do you are a W a person that fit their. Career record it hurts our inaudible and it paid an Arabic as props. Opposing net. So howdy nearly if you're country. Like in the United States. And you're running a deficit to the death of a trillion dollars we've that was our deficit last year and we're gonna run another trillion dollar deficit this year. How are you know as a central bankers say your general Powell Heidi you know that are our deficits rising too rapidly or too slow. He's got here you know. 750 Ph.D.s on out we'll tell you. Whether it's content editor and producer inflation forecast missed CPL abuses in inflation port. Although what your firm produces and we are treasury indexed. Arms that forecast inflation the real estate market the torture some sort of you can see it they are forecasting that whatever going it is going to carts in. The next the real problem people called it. So it it croatians run here. 5%. That means your government spending too much money. Well if you think our inflation is too are yes they got people who drink one or two person has departed should be it is a political choice. You know in the texture trade do we want to do what we're doing and allow our present like that one or 2% the World Series. PM the questions are going to be. Coming up front and center as the understanding that by monetary theory art. Experience so he's is out now so that's what happens. The me let me ask you wore these deficits spending. A better method of throttling inflation and interest rates they are just right now the Fed. Is in theory there they're in charge of of inflation. But which is dipped into tax policy a better method of managing inflation levels. Okay private equity placements coming in push is coming from overspent yup. That interest rates are good work there governor there were. In that I haven't seen much history by skiers at the church actually do it to. The predicting their dark which spot. If it placed its commitment overspending then you have to cut back to government and last attack more. To stop it apparently but what can buy an extra barriers all the important years of markets to. I've never seen him play overspent. Always something else in the seventies. That that that intelligent capable as far and setting the price of oil. It jacket or support of the hour to forty hours in a ten year period. No I thought if Castro. In the chase opener could advertise it that coveted place that it had nothing to do a little bit. It was all on the car sides talked cost push inflation costs for a price is sort of what happened at nothing to do with excess of it's still. Too much. We can make it certainly happened what our corporate I'd guess it's better. Suited our studio and our other countries. Look at Turkey now with 20% inflation. There are troubled that they have departed employment at debts only thirty of our strategy be it it's from a democratic. Normally way to protect complacent is to go after these other day in a barrel or about interest rates are supposed art could sit up across. Lauren was named outlook. The seven deadly in some parts of economic policy its history art and how do you more popular and what's your Twitter handle. Okay W people sort. And it's awaken to bear in Mario web site is. Mosul or economics dot com and you can get a free dare you wanna know it's going out of Washington now this is all outrage at its coming its political. There's not just the single workers disputed it and he'd keep it orbits a particular part created an hour ago though everything about what's happening in Washington. We weren't we gotta run but thank you very much for your time appreciate it. That's worn Mosul economist joining us today on the financial exchange and we're not gonna run out of money. It's an I was concerned about it. Hey when we come back we'll be playing some trivia will also be talking about Tesla they need an acquisition all of that and more coming up. On the financial. The financial exchanges alive on FaceBook so make sure to like your page and watched the guys break down the latest on the market every day beginning at ten on the financial exchange radio network. 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 by calling talk about ski a partner with the law firm of Cushing in -- Todd is 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 trusts that are available but two of the most common are rev a doable and irrevocable trusts their major differences between material so before you put pen to paper get some solid advice from someone who knows 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 -- 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 taxes while protecting your assets from creditors and long term care expenses call right now to give this free guide an 866845699. Or downloaded right now from their website legal exchange showed dot com. And 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 your land -- 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 tenant 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 C 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 net member FTS -- leader bank a step ahead. It's 6 AM you don't meet your form. Doesn't matter my body knows the drill anyway as we do this every chance we get. Like accused Christmas he's going to be the window skis at the door hot cup of coffee in hand that you dream just in time for first tracks of Linux. January delivered over five feet of snow and lute is wide open wheel. The three mountain peaks trees game award winning trademarks and New Hampshire police who provide a save on tickets at moon MTN dot com slash tickets. I 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. Today we're 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 global trust. You know this is probably the most frequently asked question that that I get here richer people just wanna know that and there are really a lot of differences but what I'm gonna do is just tell you when we're talking about the differences between a Medicaid irrevocable trust has folks there's so many kinds of irrevocable trusts out there I want to be clear that this is those income only Medicaid. Irrevocable trusts that are designed to protect assets from the owners now verses. Eight re vocal bull family type trust. The biggest difference between the two is that. Revoke Opel 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 it's fair to pay an attorney to draft time trust to revoke and I just go and have them change it to a year of a couple trucks 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 probable irrevocable and the odds are 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 don't answer the most common questions that you have about the differences between revote Kabul and irrevocable trusts you can press has brand new guide 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't fix the financial exchange with Barry Armstrong in chunks not a on the financial exchange radio network. It's time to play a little bit of trivia. As we do every day here on the financial exchange don't forget to text your answer to a 63566. Is our text number remember to put my first name it's very at the beginning of your message George Herman Babe Ruth or Babe Ruth for short. Was born 124. Years ago this week. We will be asking eat trivia question about the root. What minor league team did Babe Ruth start his career with before being sold to the Boston Red Sox right. Tucker I'm a pretty big baseball and I have no clue accident on the spot here you didn't know I feel better now better. Our text number 63566. What minor league team did Babe Ruth start his career with before being sold. To the Boston Red Sox again the text number 63566. The winner will receive knee. Fifty dollar gasoline gift card user revealing. Tesla making uninteresting acquisition which makes a lot of sense if this technology actually holds. Right they purchased. On Maxwell Technologies. For about 218 million dollars in this company makes. Ultra capacitor is now. You know I can't claim to be did you know the best engineer in terms of understanding these things that my understanding is that's. On it it's and more on energy efficient can store and rapidly deliver surges of energy better which is better for electric cars. And you know. Tesla of course is moving towards a more sustainable energy model with its with its. Vehicles and when that's the way narc on electric cars yes you're right that title by one. Because he's concerned about range and time charge in and even if you have the you know the the fast chargers now. It still takes hours right you know this vehicle that if you have a Tesla. And you run it all day and you run the battery and you're fully charges it made it takes a long time in less you have one of those super chargers but. You know the. Right and that's why they're hoping that this is going to be kind that break here for. Electric vehicle technology much better than the batteries that are around right now the one or their stock still consider they need their stock price to pop while. Stocks up 2% three point. Makes sense too because not only does this represent a breakthrough technology. But Maxwell also has a process for making the electric battery components for more efficient than those typically used in in the industry so this could also reduce the cost him. Test is really benefiting on both sides of the equation. The limit. You data according to Wall Street Journal preliminary data shows a jump in Florida home purchasers. By buyers from high tax states. This is one of the results of the change in the tax law that went through. They caps that deduction that you can take off your mortgage you look at. Neighborhoods in the northeast I'll give you one day in particular. Think about Governors Island. Allen in the state in New Hampshire the highest price DD. Zip code in in New Hampshire. At least he used to be here young people have property tax bill a 100000 bucks a year. We can't deduct. Can't attest to anymore because capped at 1010101000. Dollars is with the cap is so. What's happening is you've got people from high tax states like Massachusetts like New Hampshire like California like New York State. And where they go on. They're going to a low tax state position. Think about just by moving to forty say 5% on your income tax may see your income tax rate goes from forty to 35. And then your taxes or war in Florida as well. Well and you know the states are really complaining about this demean the new Jersey's Department of the Treasury said last month they had a 35%. Drop in income tax revenue for December compared with the previous year because of this tax policy. And in Connecticut they're saying that going forward they're expecting revenue is tax revenues I have. Suggestion for Connecticut managers in new York and Massachusetts. Lower your property to certain. Right yeah I mean they the they're complaining about it. But that is the answer is you don't you know the peers they got away with racing property taxes because people say OK well I can deduct. Right and I don't care my property taxes or 151000 dollars because I can deduct them now they can deduct the right and lo and behold and graduate student high in property market. Right well Manhattan co op and Condo sales last year fell 12%. From 2017 to the lowest level since 2009 that's right around the Great Recession. People are trying to find the bottom of Manhattan real estate prices they have done is still decline. You have a son who's. Geist asked of the city in a bye have a place in new York and he said niceties you can't. It's still hasn't dropped enough to make it worthwhile the marketplace because you talk about high expenses. You first of all your purchase price you know only deduct up to 750000. Dollars in the mortgage and now I can only deduct. 101000 dollars in the property taxes. There's not much in New York that you can buy adolescents are at fifty brain that has property tax bill. Of less than 101000 New York City right now so it's really hurting the New York City market. Profit in the first quarter is expected to decline is companies' outlooks fall short well you know the promises he go a year ago. We got tax cuts. But I am here right we still have the tax cuts we don't have another round. But even so EE. Do you think about rapid change in forecast missed a few months ago I mean back in September analysts were expecting first quarter profits to rise by six point 7%. The fact that we're gonna pound the first decline. Since the second quarter 2016 of the first decline in a little bit more than two years. Mean that's that's gonna just add to that uncertainty that he's feeling. So the first quarter not looking good if you own shares in Amazon. Be aware of this one small factor I saw the story in CNBC and had to read it right away. Has to do with the way they're going to be treated in India. And. India is basically not allowing them to. Excel third party products is that it is that it that make it in by summarizing that accurately. I think it's just to go with the way Amazon and it global competitor flip card. Go about negotiating with companies about how to solve how to sell these products and who gets favored on the site. Rain and in India at least they're saying that this is kind of an anti competitive practice the way they're going about doing this isn't there are trying to put limits around it now. You know worth noting that it is India is an election year so there's a lot of posturing going on. By Ian Amazon a flip card did ask the government to at least delay the impact of the changes. And they when he can do that it is the hit. Here's the thing would Amazon will do let's say your selling a widget on hands on your third party seller of that which. Would Amazon will do is they'll take your product and bill manufacture that which it themselves. Veiled and sell it at a discount to they know what you are so they know cost you thirty cents to make that widget. They'll sell it for twenty cents to put out of business. And then what's your at a business that sold for thirty cents again that's that's really would India. Is is being in an Italian is it is as a business person I look at that policy. Assailant is unethical rightly liquid news they just life if we weren't looking at it. From a consumer perspective it's great for the consumers drive stock prices in the short term and that eventually you end up with a company like Amazon having a monopoly. And I've seen them do with products that I consume so I do I know what they're capable by. It like I can see what people would be. Nervous about. Amazon because it will cut into Amazon's profits in the long term good doesn't B seem to be hurting today as the stocks up one point 4% 23 dollars a share. Coming back we're going to be talking about Bill Gross will also have the answer torture of a question all that more coming up on the financial extra. Every child can the financial exchange on FaceBook FaceBook dot com slash the financial exchange this is the financial exchange rate you'll never. 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 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 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 voice 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 fixed or variable rates for both purchases and refinances all originations are managed by a leader bank's local underwriting and processing teams for additional cost information call 8776917900. That's 8776917900. Or visit leader bank dot com member FDIC equal housing lender and MLS number 44950. Subject current approval leader bank a step ahead. 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 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 gamble and irrevocable trusts there are 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 and Dolan is a free guide out this month on the differences between rent a -- 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. If you're real estate property management company you need to banking partner that has all the right tools to keep your operation efficiently to bank is one of these premier banks in the property management and real estate space offering a suite of unique products and cash management services helping collect rent managed Condo association payments and digitize paper checks hi this is chuck Zelda -- to bank utilizes state of the art technology to offer convenient banking services to which real estate clients such as a CH payments mobile banking promote check scanners -- its innovative -- rent payment platform leader bank has a team of business bankers that are on -- to help you -- come to your place of business to make it as easy as possible number to call your interest did is 8776917900. That's 8776917900. Find out why many of greater Boston's premier property management and real estate companies choose leader bank is their banking partner call 8776917900. Or email BBO leader bank dot com for more information member FDIC equal housing one. This is a special announcement for all landlords chasing down league rent payments and making trips to the bank to deposit checks take a hassle out of rent today we're zero and leader banks all mine rent collection tool he -- automatically deducts tenant's rent and deposited into your account visit WWW duds he ran dot net to learn more would you 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 dogs he rent dot meant to learn more or call 7816418691. Security suffered through securities America income members finreg SIPC an advisory services arbiters securities America advisors think Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. We wanna hear from you. Thanks Stuart Barry's 263566. And let us know what you think about the stories we discuss your team to the financial exchange radio network. Our trivia question asking what teens Babe Ruth started his career with the before being sold to the Boston Red Sox. In early 1914. Babe Ruth signed a contract with the Jack Dunn. Who's the owner and manager of the minor league Baltimore Orioles of the internationally. On July 4 of the same year. Done sold Ruth's contract to the Boston Red Sox of the American. That's great and our winner today of the trivia is rich from Belmont New Hampshire. That's rich from Belmont New Hampshire who has today's correct answer and he has won a fifty dollar gas card congratulations rich. Trivia today is brought to you by the Armstrong advisory group. With the market still volatile now's a great time for review of your portfolio. Call 803934001. And set up your free no obligation consultation today. That's 803934001. Last night we got news of Bill Gross and his retirement one of the most celebrated careers in the history of money management. Is coming to an unremarkable. And you know he was the king of bonds. Back in the 80s90s. I mean he just rocked it in any the wheels came off about 45 years ago. Yup I mean at its high eight. The fund that he ran had a reported 293. Billion dollars in assets Pimco right now that was when he was that Pimco. He did Janice and down by the time nine he retired his flagship fund there controlled less than one. Definitely had declined there. That you're seeing you've seen in general I guess the decline of managers who promise that they can be. The market these it's got it's hard to a he he used the foundry media desk are pretty badly when you're the founder of the company. To be asked to leave that's what app government and he just couldn't get along with the other executives at that company. So Bill Gross retiring he 74 years old I'd say it's well deserved and he's he's I'm guessing he's got a few dollars. You know folks it's pretty hard to find a bank that has eight checking and savings account that can provide you with a decent return. And if you're in the market for one I've got a deal for you that you're gonna wanna check out. Bury our shark here and I've been doing business leader bank for many years so if you are in need of a banquet great rates on checking and savings accounts. Look no further than leader banks Zuma rewards account qualifying customers were received 1% back on debit. 10% back on featured this is is no minimum balances are required and there are no monthly fees but that's not all. Leader banks Zubov rewards account has the 2.3. 5% annual percentage yield that's 2.3 5%. And a great perk presume both customers. If you're searching for great rate. It's time to call leader bank and 8776917900. That's 877. 6917900. Or visit them online leader bank dot com minimum deposit to open. And earn annual percentage yield is ten dollars 2.3 52 point 33 interest rates. Mass residents only these may reduce earnings rates subject to change without notice leader bank step ahead. Member FDIC. Why are my prescription drugs or expects. That drug manufacturers now are blaming the middleman. And that would be CBS. The pharmacy benefit managers now there. They negotiate on these pricing a good health plans as well account. Yes Italy you you and you look at the cost of health care. And you're an employer you you've EU you must look at this pretty regularly and say. And lord how much is costing me to provide health insurance I think about. You know my wife and I are relatively healthy we never use or insurance. Yet we spend twenty grand a year right bank. And for families now you spent twenty grand a year 24 grand a year on health insurance for a family. In the U look at the values you receive in exchange for points now it is definitely an element that herald the answer is either I just all I know is. That it's unsustainable. And it's current law. Well it's me taking a look at you know how there are trying to shift the blame is just in general how he. The system yes they do so many people their hands in the pot right in nightly. The drug companies yet the insurance company's streak is. The the benefit managers not the insurance companies have no idea just the ones that decide which drug Christine should take which drug Barry should. And then then you've got the insurance companies the doctors wanna get paid the nurses wanna get paid every everybody's got their bare handed it. And the end result it is you know people families are spending too grand a month. To provide to have health insurance and if you don't spend two grand happening get sick you go bankrupt the tip it seems that an industry ripe for. Moved towards greater transparency and mean one of the things they're talking about was the difference between list prices and net prices. And but excellent analysts are saying well but it's really hard to get a handle even on that because companies are only reporting averages on things he can I can handle the replacing it make it. Gannett newspapers rejects a hostile bid. From a hedge fund backed group this was reported this morning there the publisher of USA today that's right that's right. Now this hedge fund that they are to died in net it would make them the largest newspaper publisher in the country. Adding in net 200 papers that include the Denver Post and the San Jose Mercury news. That's that's an interesting proposition busier basically creating a monopoly of newspapers that this may have any more or newspapers are going to be left and he just keep. The only they keep close. No no people are very resistant pain port Brady it's like people pay for. With the New York Times and pay for the Wall Street Journal. What else I would ask you pay for. Right not many things are the here and now Massachusetts Lisa very thriving hyper local. Group of papers that exist in the wicked local papers that access to people pay for those that people pay for this and those are what those who will. Do they get physically delivered to your metabolic and you're typically delivered and you can also look at them on line. Now do you read them because you've got kids in school is that because I used to read hours. In use and I live in midfield and and we would I would read it. But I was only interested in it because they'd be talking about high school sports are the eighth grade Girl Scouts you know like it was just. It was local yeah and that and I would pay for. Now I don't pay for. It not as interest and not having kids the system yeah I mean definitely the school stuff but I also look at it because that's where a lot of these announcements about in the town budgets and everything in the infrastructure projects and everything I mean it's Catholic. Once you become an empty Nester your EE kind of it's that you'd ever really get detached from a lot of stuff in the states say they gonna raise taxes right pray that they knew you you start perk up. Could you just you do you tend not to pay attention to what's going on with the schools in everything else is here. You're not there are no changes and Harley-Davidson trying to save themselves a big release stroke Harley-Davidson. Four years of declining sales for their flagship prod axis. Signature motorcycles and everybody knows and for nobody writes and. He's young people are writing Harley's at the same rate as previous generations so now the coming out with an electric. Bike. I don't know author of them make money this and I don't know how well to be received though actually. We think about it would an electric bike would make sense in New England for what maybe seven months of the year eight months of the year race right. Well there no one of them it's more like a scooter you know he had two models coming out on the first and at the scooter wouldn't require motorcycle license maybe they're trying to get by. But that Timmy stakes means a more urban play now not as much as suburban by. Go to Asia. And there aren't you know you go to Baghdad big Asian city and they're. They dominate yet believe in and their quiet in the middle. Because their electric you're not causing pollution I would imagine in Europe they need to. I don't think so they exude that would make sense. And GE completing the spin off of their transportation unit on February 25 he just keep part of this company with the stocks and the let's take a look at what GE's stock is doing today. GE's stock is up eleven cents ten dollars and 32 sets it was that long that was six dollar stock. They've they've rebounded nicely. Ought to day where the Dow is rallying folks at Gallup 156 points the S&P is up nine. NASDAQ is up 44 points Russell's up let's take a look at crude oil is down 67 cents a barrel at 5389. And of course the ten year treasury big story to 69 is the handle on the ten year treasury. It's very Armstrong talked persona and Christine Dunn signing off for today we'll be back to back.