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Financial Thought Exchange Podcast

CFA Institute Research Foundation

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The Financial Thought Exchange Podcast is where you get wiser by hearing from financial thought leaders from all walks of life. This is the perfect companion podcast for financial analysts, investors, or anyone interested in the ”inside baseball” of the financial world. Financial Thought Exchange is the official podcast and video channel of the CFA Institute Research Foundation. Check out our peer-reviewed research here: https://rpc.cfainstitute.org/en/research If you would like to support t ...
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Mike Armstrong and Paul Lane discuss Kamala Harris's recent economic proposals and explain why you should take it with a grain of salt. Tesla's rivals still can't use it superchargers. Will the US Gov't be successful in breaking up Google? Beware overly simple financial advice. Teachers are burning out on the job.…
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Mike Armstrong and Paul Lane discuss investors not sure what to do the day before Nvidia is set to release its earnings report. When did the Great Stagnation actually begin? A $557B drop in office values eclipses a revival of cities. PDD's $55B stock crash sends warning on China's economy. Why has the IPO market gotten cold feet? What you should kn…
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Mike Armstrong and Paul Lane discuss the new Boeing CEO facing hard choices after NASA snubs Starliner for SpaceX. Mark Hamrick from Bankrate joins the show to chat about a recent job seeker survey and some of the surprising results. CrowdStrike's big mystery: How bad, and for how long? The plug-in hybrid car starts to win over buyers. The 'Big Gro…
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Mike Armstrong and Paul Lane discuss Powell's pivot leaving traders debating the size and path of rate cuts. Fed criticism is cheap, and its mostly mistaken. Nvidia to keep surfing the tech spending wave as they report earnings this week. Inflation usually hits harder for poor families. For a couple of years, it didn't. Care policies take center st…
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Chuck Zodda and Mike Armstrong recap some of the top takeaways from Jerome Powell's speech at Jackson Hole. Retailers are sending mixed messages about the economy. Why is China starting a new trade war? Remote work doesn't seem to be going away anytime soon. Why are publications writing puff pieces about the new Starbucks CEO? Paul LaMonica joins t…
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Chuck Zodda and Mike Armstrong discuss Jerome Powell's speech at Jackson Hole where he said “The time has come for policy to adjust,” but doesn't tell when cuts will come. A turbulent month shows how fickle stocks can be. What are some of the key takeaways from Kamala Harris's economic plan? How much money do Americans believe makes them wealthy? A…
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Chuck Zodda and Mike Armstrong discuss Lina Khan's noncompete ban being struck down in court. Mike Simonsen, President of Altos Research, joins the show to share his thoughts on the housing market. How to plan for retirement if you're behind on savings in Middle Age. How Taylor Swift fans broke economics. Chick-Fil-A hatches plans for streaming ser…
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Chuck Zodda and Mike Armstrong discuss the make-or-break moment for the Fed that will determine the economy's fate. Why is the soaring S&P 500 is making 50+ year olds very nervous about their retirement? US payrolls marked down by most since 2009 in preliminary data. Whatever happened to the wisdom of the bond market? The auto industry EV retreat i…
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On this week's edition of Ask Todd, Todd Lutsky explains what the five-year lookback period is and why it is an important factor to account for when planning your estate. Todd also answers questions from listeners about leaving a home in a trust, who is on the hook for debt in a trust, and how an inherited house should be split up between siblings.…
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Chuck Zodda and Marc Fandetti discuss the surge in inflation and what are the likely causes. Why did Walmart sell-off its stake in JD.com? Should the next President raise the federal minimum wage? As Gen X starts to reach retirement age, reality still bites. Is there any solution to the tipping problem here in the US? Happy Anniversary to sliced br…
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Chuck Zodda and Marc Fandetti discuss the looming revisions to the yearly jobs report and why it might throw the Fed off current rate cut plans. Are most signs pointing to no recession in the near furure? Todd Lutsky joins the show for his weekly segment, Ask Todd. This week, Todd explains the five-year lookback period and why it is very important …
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Mike Armstrong and Marc Fandetti wonder if the Fed can get out of its own way. Lowe's cuts full-year outlook as it expects weaker home improvement sales. Families are going into debt for Disney vacations. Big banks watched as con men wiped out a widow's life savings. Battling for budget bookings, discount airlines offer 'poor man's first class'. He…
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Mike Armstrong and Marc Fandetti discuss what could be holding the Fed back from making a big rate-cut at September's meeting. The Food industry is pushing back against Kamala Harris's 'price gouging' plan. The world can't escape from a US economy that has lost its anchor. Businesses are already girding for the next phase of the US-China trade war.…
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Chuck Zodda and Mike Armstrong discuss the US housing crisis, simple solutions, and what the presidential candidates are proposing to solve it. How can you position yourself to take advantage of the Feds first rate cut in years? Wall Street is looking for more signs that US consumers will keep spending. Amazon is getting heat from local residents o…
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Chuck Zodda and Mike Armstrong preview this week's Fed meeting in Jackson Hole. Will the Fed set the stage for rate cuts, if so, by how much? How is the US Treasury more powerful than the Fed? Goldman cuts recession risk by 5%, citing latest jobs data. Why are the biggest US companies warning of an AI risk? What is the latest dystopian nightmare co…
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Paul Lane sits down with Mark Voner, CEO - Veterans Development Corporation, to chat about how the VDC is helping veterans find work after their service to our country concludes, how the DAV is providing for disabled veterans, and what we can do to make sure those who fought for our country have a success post-military career.…
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Chuck Zodda and Paul Lane discuss why AI searches are not going to impact Google anytime soon. Warren Buffett's Apple sale brings value back to quality investing. Medicare's drug-price talks are about to get more heated. Mark Voner, CEO of Veterans Development Corporation, joins the show to share his experience in the military and how his company i…
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Chuck Zodda and Paul Lane explain why one data point is not enough to make rate-cut decisions and why you shouldn't listen those who overreact to data releases. The carry trade that blew up markets is attracting hedge funds again. Citadel's Ken Griffin has remade the hedge-fund industry, with himself on top. What are the new rules for how we buy an…
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Chuck Zodda and Mike Armstrong explain why falling mortgage rates aren't a quick fix for frustrated homebuyers. To solve its housing crisis, Britain turns to an old idea, new towns. How Gen Z women are investing their way to the good life. English ChatGPT users flummoxed by language glitch as but turns Welsh. Record heat is testing Kraft Heinz's ef…
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Chuck Zodda and Mike Armstrong react to the jobless claims and retail sales data that was released this morning, both of which came in better than expected. Walmart beats estimates, raises outlook as it sees stable consumer health. Cisco cutting 7% of its workforce, reports earnings and revenue beat. Alibaba earnings miss expectations despite cloud…
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Chuck Zodda and Paul Lane discuss how the financial situation for many millennials have dramatically shifted in the past couple of years. So much about Real-Estate commissions just changed. Mortgage refinancing surges 35% in one week. Mars strikes a $36B deal to buy Pringles maker Kellanova. The big risk for the market: becoming an AI echo chamber.…
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Chuck Zodda and Paul Lane react to the release of the CPI report that stayed in-line with expectations. How will this weeks economic data releases influence the Fed? UBS CEO says its too early to talk about a US recession. Todd Lutsky joins the show to share his expertise on estate planning and takes calls from listeners about their personal planni…
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Mike Armstrong and Paul Lane discuss why voters have possibly moved past caring about the Federal deficit. Home buyers eye Cape Cod's risky oceanfront. Can free rent revive downtown San Francisco? Gen X retirement plans look shaky. Its the American Dream still alive? Your local malls will have a new anchor coming soon.…
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Mike Armstrong and Paul Lane react to the Producer Price Index report that came in slightly lower than expected. Starbucks surges over 20% on news that Chipotle CEO Brian Niccol will move to the coffee chain. Market volatility is back. Will it last? Home Depot cuts outlook with consumers in 'deferral mindset'. Why the Fed has a difficult task on it…
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Chuck Zodda and Mike Armstrong discuss why the travel boom is beginning to slowdown. US officials to visit China for economic talks as trade tensions rise. StubHub continues to customers with ridiculously high fees. Why getting a late start on retirement savings isn't the end of the world. Disney unveils billions of dollars in theme-park expansions…
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Chuck Zodda and Mike Armstrong preview a busy week for economic data that could dictate the Fed's plans for September. Investors borrowed like crazy during the rally. Now they're paying the price. Inflation hurts most for the things we can't skimp on. Bonds are back as a hedge after failling investors for years. OPEC slightly trims oil demand forec…
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On the second hour of today's show, Chuck and Mike talk about the Fed and react to Wharton School Professor Jeremy Siegel backing off his earlier statement that an emergency rate cut is needed. Plus, the guys address more debate circulating as to if the Fed should remain independent. More on the Google antitrust case loss and how it will impact App…
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:In the first hour of the show, Chuck and Mike reacap the wild week that was and reflect on what investors learned during the recent "panic". Plus, the guys give their insight on the state of the economy and dissect a new article from the WSJ: "Has the U.S. economy reaching a tipping point? Also, a listener sends in a detailed email with a great qu…
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Chuck Zodda and Mike Armstrong discuss how travel and leisure is being crushed by slowing US consumer spending. Corey Adams from Robert Half joins the show to talk about more than half US companies are expected to add new positions by the end of the year. Is there a silver lining to a slowing economy? Would you trust Boeing to take you to space? Wh…
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Chuck Zodda and Mike Armstrong discuss the weekly jobless claims that came in less than expected. Chuck explains why one data point is not nearly enough to make conclusions about the future of the economy. JPMorgan raises recession chances by 35%. Why does Jamie Dimon keep making public predictions? The summer has been tough on stocks and that is o…
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On this week's edition of Ask Todd, Todd Lutsky shares how irrevocable trusts work and why they are an essential tool for many retirees. Todd explains how family members can make sure they leave a shared property for the their children. Todd answers why you should never write a will on your own.By The Financial Exchange Network
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Chuck Zodda and Marc Fandetti explain why consumer spending is one of, if not the biggest factor, in the country avoiding a recession. Is the Fed in for a bumpy ride over the next couple of months? Why should workers expect a much smaller raise this year? Disney posts first-ever streaming profit, but the theme-parks are proving to be a drag. Micros…
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Mike Armstrong and Marc Fandetti discuss why Google lost its antitrust suit and what it means for the future of the company. Uber says consumer spending 'never been stronger' as profits jump. What to do with your money if you're worried about the market. How going to the movies is changing.By The Financial Exchange Network
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Mike Armstrong and Marc Fandetti discuss the wild 24 hours on markets that saw huge losses turn into stunning gains for some. The guys explain what the Sahm Rule is and why it is referred to by economists when trying to predict a recession. How is the presidential race impacting markets? Did the market selloff upend the Fed's rate-cut plans? Should…
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Chuck Zodda and Mike Armstrong discuss Warren Buffett's recent move to sell half of his stake in Apple and why trying to trade like Warren Buffett often leads to poor results. Will AI kill meaningless jobs? CrowdStrike is pushing back on Delta's claims of lost revenue during the recent outage. Wharton's Jeremy Siegel says Fed needs to make an emerg…
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Chuck Zodda and Mike Armstrong discuss today's jolt to markets across the world and why fear is rising. Understanding what happens when the S&P500 drops suddenly. Why equities are not for everyone. Not every data release is pointing towards a recession. 2024's most popular trades are unraveling. Wall Street's 'fear gauge' rises to its highest level…
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Chuck Zodda and Mike Armstrong explain why today's market meltdown is a good thing for those with an eye on the long term. Apple sales rise 5%, topping estimates as iPad and service revenues jump. Intel to cut 15% of workforce and the stock plummets 29%. Amazon shares slide on revenue miss and disappointing guidance. Paul LaMonica joins the show to…
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Chuck Zodda and Mike Armstrong breakdown the terrible July jobs report and explain why this could be a recession indicator. Flight from stocks accelerates as fear grows Fed too slow to cut. How are Treasury Bonds holding up during today's madness? A judge overturned the $4.7B Sunday Ticket lawsuit. Venu Sports streaming service announced a $42.99 m…
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Chuck Zodda and Mike Armstrong discuss food companies hitting consumers' limits with price hikes. Delta's CEO is claiming that the CrowdStrike outage cost the company $500M. JetBlue's profitability push is going to cost Boston customers. Millennial's are getting a boost to their retirement. Stock splits are back in fashion, but why? Taco Bell to ro…
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Chuck Zodda and Mike Armstrong discuss the Fed clearing a path to a September rate cut what impact that will have on the Presidential election. A couple of early morning economic data releases paint a bleak picture that could end with recession. Meta posts strong earnings off the back of ad sales and shows how expensive AI is getting for companies.…
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Chuck Zodda and Paul Lane discuss the appointment of Kelly Ortberg as the new CEO of Boeing and how he has the difficult job of turning around the aviation giant. The US has shielded ASML and Tokyo Electron from chip export rules, which is good news for chip manufacturers. Scottie Pippen launches Game5Ball to tokenize the ball from the Bulls 1996 c…
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Chuck Zodda and Paul Lane share their expectations for the Fed coming out of their meeting this week. Politics doesn't go into the Fed's decisions, or does it? Microsoft finds out that their AI dreams are an expensive reality. Todd Lutsky stops by to talk about last minute medicaid eligibility and takes calls about specific estate planning needs.…
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Mike Armstrong and Paul Lane discuss more than half of American renters who want to buy a home fear they'll never afford one. Over one million people now owe more than $200,000 in Federal student loans. Why is the new Starbucks CEO having such a difficult time? Carmakers neglect a key sector while chase EV glory. Boneless chicken wings can have bon…
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Mike Armstrong and Paul Lane discuss investors being on alert for Fed signals of a September rate cut. What is the case against lower interest rates? Is the labor market about to crack? Is it really a crual summer for Big Tech stocks? Delta hires famed lawyer to go after CrowdStrike and Microsoft over recent outage. These funds are like candy for B…
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Joe Boschulte, USVI Commissioner of Tourism, joins the show to talk about what each island has to offer for vacationers during the summer months, why the cruise industry is the backbone of tourism for the islands, upcoming winter deals and events, and why now is the best time to book your vacation to the USVI.…
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Chuck Zodda and Mike Armstrong are joined by USVI Commissioner of Tourism, Joe Boschulte, to talk about the amazing vacation opportunites that the USVI has to offer. The sudden market drop was scary for investors but long overdue. What are some of the biggest mistakes you can make with your 401(k)? Investors embrace bond funds before rates start to…
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Chuck Zodda and Mike Armstrong preview the week in earnings which will see Meta, Apple, and Microsoft all reporting. A Fed rate cut is finally within view. Interest rates are a sideshow in the Fed drama. McDonald's sales fall for the first time since 2020, but the stock went up. Why? The US reveals security concerns around TikTok and ByteDance.…
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