Full Show 4-11-18

01:51:29

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

This is the financial exchange with the very Armstrong and show Oksana. You're exclusive look at business and financial news affecting your day you're sick leave your world stay informed and up today about the economic and market trends plus give breaking business news every day. And now the financial exchange with Barry Armstrong and sharks done us. Well another day in all of the games that we picked up yesterday. At the open today seemed like they were in danger of going away but markets seemed to be rallying as we make our way through the day here in in potentially. Coming a little bit closer to breed even chuck not a Mike Armstrong and we've got talkers over here. Also today and let's start off with some of the big news that we saw yesterday one of the biggest rally yours in yesterday's market Mike. It was FaceBook coming up with a big for a half percent gain its best day in about three years right now threat and it seems to me it's pretty much because Mark Zuckerberg. Didn't make any mistakes again didn't come off and you know say anything groundbreaking revolutionary. But simply in his testimony in front of two. Committees of the senate. Pretty much said look you know we we know that we had some mistakes but we handled them how we thought we needed to opens new regulation will work with you want that. And didn't really make any waves yet he just didn't really screw up they didn't. Come across as I guess offensive. And quite frankly I think what worked in his favor is. All of the politicians under the morons. And he did a pretty good job not calling them out for being morons which. You know he. He clearly had some contempt and just apt moment at the lack of education behind a lot of the questions and he did a pretty good job covering that. This is kind of what you get when you have a bunch of lawyers. Trying to understand technology it's no different from if you had a tech executive. Who is trying to understand nuances of the law it's it's and we are not what they are skilled and and I think that's one of the big concerns when it comes to congress' look you have a whole bunch of people what are the what are the people on the on the house. One on one of the house committees today. Has admitted to having a less than twelve year old education when it comes to technology so which. I wanna just chemists. B cup permitted on this. This is not some small segment of our economy ray you know this is not you can't look at FaceBook and say oh well you know. The advertising revenue that FaceBook generated such a new technology and you know I understand why politicians haven't quite wrap their arms around. This is a an ever growing and very significant part of the US economy that it seems like a lot of our elected officials just have no idea what it's all about. And you have to remember that the S&P 500 right now. But 40% of that index is made up of technology yes you know so it's it is a huge piece it is when you talk about market cap when he talked about the value of the technology companies in the S&P 500. It's more valuable than telecoms it's more valuable than health care it's more valuable than utilities. Is it it is a massive part of the stock market right now now. That doesn't mean that it's actually producing that much value in our lives but when you talk about how important it is to the overall economy. Man it's a big chunk. Yeah Diana I mean it questions like well if users don't pay for your services and how do you make money just demonstrates. It just a complete lack of understanding of the current economy that we work that we live what's the sense on how things are going to go to today it would seem to mean that the house committee. Just because you're a little bit more segment in a little bit more potentially new once they may have some tough questions for mr. Zuckerberg I think you'll have a little bit more direct questions on regulations you know what. FaceBook executive feels. The regulation should be and spits everything comparing it a lot more to the European regulations. Which basically more or less Zuckerberg came out and said that Facebook's gonna adopt a lot of these fit European regulations. In the United States. How important and and I'll pick this up to both you because both do you. Did the three of us I won't say we grew up with still some meat because we didn't it was it was still in its infancy when we are growing up but. When we came of age as social media became. On a major thing. And so my question. When when you look at your behavior historically. Over the previous decade. Have you thought at all about privacy when it comes to what you do want social media. IE have thought about it and I have been cognizant enough to not use. There's a lot of new you know technology applications these days where. If you wanna sign up rather creating username and password you can just use your FaceBook credentials to log yup I have made a cognizant attempt to never do that because I knew I knew exactly what that sentiment that a lot of your date it was going to be shared with these companies and didn't have any interest in cents. See I'd logged in to an that with the FaceBook to make my life easier to communicate anywhere on the Internet and now I went activities FaceBook privacy flying and I undid all that and now required to enter my email. I want a water on something now has like 75 apps are site to web sites what's your email through a log on to what's your password. What's past but it. That's the thing is when you when you give these different web since the ability to log in using FaceBook. It's pretty much are they asking FaceBook what's your email. What are your friends' names what are your friends' emails and that's the thing is you know it's ridiculous if I ask you in person hey what's your email address on the radio in front of thousands of people up. But yet we don't think twice when we do it on line even though it's the exact same thing. So like I think it's interesting that you know we're we're seeing kind of a lot of this conversation happening now. One of the things that was interesting. In yesterday's testimony. Was that Mark Zuckerberg hinted. That look we we may consider some kind of paid version of FaceBook. It's it's not. Clear yet that this is going to be something that does ever end up happening but he said look most people probably want a free service but we could consider paid one alongside yeah. When be shocked by that if you look at a lot of other. Different types of technology solutions they offer both side by side. He did make it clear that there will always be a free FaceBook versions of the year there always will be an advertisement version of the program. I don't know there be any appetite for a paid version but to be wrong maybe there would be. My big question is. If you're talking about drafting regulations that are going to impact companies like FaceBook like Google. And at the same time I I have a very difficult time seeing how they could draft this regulations. It's not also impact a lot of these companies that are Internet service providers. Which this exists in some way. Well the data collection opting in of collection on neat yeah that did this is one of the big things that was talked about with in net neutrality and the FCC right now going on with Verizon and charter and all these different. Oca ISPs you know having to opt into data collection and I don't see how he could do that without also impacting these other companies which it seems like this administration has a big reluctance to do. Let's look at this from the purse. Kind of how we've regulated other industries share. Go back a hundred years and it would be pretty Thomas. While some people are sucking that in the get as me get you know can't you get all these bad things that happened. And we say look it doesn't cost the factory. That much to go and burn wood efforts burning. But it creates these extra now these these problems for people outside of that factory that we have to put a cost on that we have to deal with. And so we say look you can't build that factored in yet to go put some more. Accessing the Internet right now. Largely it's pretty cheap proposition when it's all said and done accessing different sites to pretty cheap thing. The question is are we incurred cost somewhere else and so we made the Internet cheaper than it really is. You know to actually operations and in so I think that's a big question that we have to ask ourselves is look. We've got all these negative consequences. And we're not really pricing them in in any way shape or form today had we deal with that so that we can actually you know make something that works. I'd I don't think that censorship is the right answer no I I don't think it's saying these programs can't exist is the right answer. But I think it something where we say look we have to have clear bright line rules where we say XY and Z is allowable here's how you have to operate in that way everyone knows what's going on it's all mobile water. Is that we see any type of business in a said this last week if you do not have trust in the people you were doing business with the whole thing goes away. Hoping goes like if you don't trust the people you're doing business with the entire thing it's forget about it's it's it's over so you have to have trust. And I think right now we have this lack of trust it's a big problem. Yet not just with FaceBook we can elect trust a whole bunch of places Jeff Oden numbered if I kind of come to a head so this is a big thing that I think we have to deal with. FaceBook page. Obviously investors like what they saw yesterday's stock up more and a half percent yesterday taking a quick look at it to David Townsend reacting. It is indeed down about half percent today Saddam back some gains but in line with the rest of the market today so. Pretty quiet overall. The storm brewing in Massachusetts. Over a couple potential bills that are winding their way through the state house one. To raise the minimum wage from eleven dollars to fifteen dollars an hour for the state of Massachusetts by 20/20 two. Another one to require businesses give employees of the sixteen weeks of paid family leave for the birth or adoption of a child. Lot of small businesses saying look I've got three employs five someone who goes out I can't necessarily hire someone for sixteen weeks and might not be able to afford to. Yeah I mean this would be really tough to stomach for a lot of these types of industries and Massachusetts to does not have any. Yeah a lot of states have carve outs for you know lower wages for trainees lower wages for teenagers. Masters is not so this wouldn't you know as a written. Impact all workers in the state of Massachusetts. Fifteen dollar hike from eleven to fifteen now granted it would probably be gradual. That's a very significant. Percentage increase and 40% increase I mean a yeah these small business owners are correct at a I don't know how you. Operated 7-Eleven I don't know how you operate the you know laundromat. With these entries increased cost of about passengers on consumers significantly. Urban wonders if some of this is a little bit of noise is that. He's just being made just because they don't like you the general idea is to get at her past three different places yesterday. Fast replacing gas station and the third was I can remember what it was. But three different places that they get typically would be minimum wage jobs and they were saying starting wages fourteen to fifteen dollars it in so I was looking and I go out. Looked at this with out a minimum wage increase that you have these businesses saying look we can't hire anyone. Now that is in and around the Boston area true you may have cases. Out in. Western mass you get out towards Amber's to get towards Worcester Springfield yeah areas like that you may seem more impact there simply because wages arc is high and that's something to consider. But I look at some of us and I say there's already wage pressure to have to raise wages to you can't hire people. At eleven dollars an hour right now in some case. Yeah I mean I completely agree go drive in I think I've seen it most frequently along the Mass Pike it all via a service stations there UC starting wages at fifteen dollars an hour. No big surprise there but you're right you know. Doing. Raising up a fifteen million minimum wage and more rural parts of the states. I don't know how you support that and the other piece you know. The sixteen weeks of paid leave. Family of almost four months I mean while I generally. Like the idea I've dealt with that personally I don't know how small business supports. That'd be if you've got three or five employees yeah I don't know how to do it's it's tough we're gonna take a quick break here that we're gonna get to the pressing issue of the day. If your pet dies should you get time off to grieve. Yes that is the real question we're gonna be asking right after this break. On the financial exchange radio network like us on FaceBook and follow us on Twitter at TFE show. Breaking business news is always first right here on the financial exchange radio network. State and asset protection claiming can be overwhelming. Where you start and how do you know what type of trust is right for you the law firm of Cushing in Dolan has been creating a state plans for folks in New England for more than thirty years and they can help you to do with all the different types of trusts available it's understandable that there can be confusion when it comes to estate planning. 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Hi everybody it's very Armstrong and Jake two Lian we're talking about a program called Z rent. Now this is specifically. Designed for those of you who are landlords in used to collector checks with paper checks are gosh maybe still do. Was he rent allows you to collect checks electronically. Jail is hoping he could spend a little bit of time explaining how easy grant works and why it's a big advantage for landlords. Absolutely buried so we we develops the rain to sodomy Holdren who else because right now. You know with the landlord when you're getting rain checks. It's low it's unpredictable. Missing envelope the right. Mostly waiting he might not get all the rent until the tenth or fifteenth of the month furthermore if your landlord on vacation in your racing your notebooks two would you rate does is it really pitched bill. It makes the rent electronic payments it allows for roomy cheering for multiple roommates and apartments that's great if you're renting at the college student absolutely. It's predictable it comes at the same time every month and it's all on me. So the landlords who have been using assisting huge time savings and ointment you are you still giving the first six months free for landlords the first six months or free and then in addition to that. If you bank at one of the participating banks he ran is always read. Those participating banks are meter being installed in messed me up at that any bank could sign up right now they keep you at a bank in Vermont to Connecticut. They could sign up and become part is the rent yup you fury if you have a community bank that wants to be a member have them call us and haven't signed up and the service will then be free free. All right if you wanna learn more about easy rent. Go to Z rent dot net you can give McAuliffe he wanted 8776917900. If you're bank doesn't operate they can sign up for zero it. Go to zero rent dot net or call them told free. 8776917900. Securities offered to securities America ain't members to enrich SIPC and advisory services arbiters securities America advisors think Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. Join our brand new tax club by texting the word battery to 63566. To send your first and last name and get involved today you're listening to the financial exchange radio network. So there's an interesting trend that is. Won't say why it spread at this point. But something that's starting to pop up far more than I thought it would. And that is something called paternity leave which is. Effectively when your dog dies. Or pet and it would start with dog was our guy went when your pet dies that you have a pet bereavement. This is dome OK and I say this is someone whose dog has died so I'm I'm speaking from experience it sucks it's miserable it's no fun. You don't take time off from work because your dog died. Buchanan but use your vacation usually vacation time like this is not another separate. First here let's let's go through a couple definitions of this first what's the definition of pat. OK let's say that I get old Amish farm and little Jimmy dies because he was hearing too big of a piece of sand and it fell on and squashed as little pain. Do I get time off for the no idea I think it's strictly has to be cat or dog and cat is even questionable sorry tech fans well if if if if passed the cat and dog what what if I have a horse. Doesn't count courses are part of the family not not at what do you mean it's not eat it. And there's a goal and a house yeah of her own horses and my worst what did you see the story couple years ago when the coveted on the show about that woman who kept a cow in her house. Yet she probably insane it was like 800 pound cow that you kept in the house they'd like Wyden door with domestic had to it was it was ridiculous hat or a dog apparently. People are actually arguing that when they get to when when one of their pets guys they should have paid time off. For that. And I think that's ridiculous preposterous it's apps predict at this I think it's ridiculous. To have paid time off the death of pat. I did you I wanna I wanna clarify the position here I think it's absolutely preposterous that you would be forced to reduce employee paid time off for the loss that pat. And notes and it's ridiculous that you could experience grief. From the past I sat through our mind I have experience past look at it as possible. But you do not get paid time off from work because your pet died or how often does your pet to. I don't know what for once I table near street they're grandmas deathly three different times in school to get out of tests and stuff like that's different school you know school well. So. I don't like one days is that Adam thing I really don't. I think we're what they take what they got to go to war particularly on Tuesday take vacation would they don't wanna take a vacation and come into weren't quite a different job. Come into work it's like again why do you need to what's the line and as far as what animal qualifies the pet that you can be cat or dog. So what we're about I think that's legit would have meant to be in right now birds live like 2530 years now they live longer than dog Bert sock so I think as you're saying that but what about the person with a Burris as hate that cat person over there is getting time off and on now if I ran it's a siren though Parker company. I would say cat or dog in the contract and I'll make him sign said caught so now you're discriminating against Byrd yesterday birds up. Two birds are awful. At every I don't like birds and awful pass so I mean I think Riviera arises it's just it's creepy it's not commit the fact that we are having this discussion points to just huge. Faster growing industry in the and out of money that we're spending honor patents. This this industry is huge and growing ever quickly and I just saw. In our area we are so dumb when it comes apparently it's it's it's the cost if aliens are down and so what we did for our pets they think they're the boss it's ridiculous out of China Chuck Cook it'll put worshipped on agreed to. What it'll in China they don't treat dogs the same we do here I don't live here and I think we're doing right I know I'm just saying you don't need to go and Italy are on that he needs is young he's a majority over the dog don't know got to go out in the rain you don't need to goes pars aliens is my point holes yeah. There are even knew mutual funds that are popping up right now what in new mutual friends. That are specifically targeted forms are Gabelli funds adopting new strategy within its next share product suite that invest specifically in the pet industry. While it might be a good investment quite honestly it might because we're so does slow down money we spend don't pass up Bullock of the region's recent acquisitions very General Mills yeah this does. Give us our poll question of the day up right now on financial exchange showed dot com. Should employees be given time off to grieve for the loss of a pet the answers are yes and no. You know also text us your cell thoughts. At 63566. Let us know if you think employees or employers should get paid time off for this or whether employees instead just have to you know take vacation time like normal human beings do. But let us know at financial exchange show dot com should employees be given time off to grieve for the loss of the pet. My answer is no I I I don't think so I think if you wanna take time off great that's on your own time he can certainly do that. But you don't get you know paid time off because your pet died so one day at a wall and every twelve years. What do via more than one cut. Then strictly I know people that have like five or six dogs and stuff. You know and they have it like that. I just I I don't know what am I gonna do go to the house are you don't know that that's different from that one that died last year only once every five years shall take its. I just hate. I think we have to be more mature about this and say look you can take vacations you know we know that most Americans don't take all their vacation days anyways. Take one. Take when you look at our vacation day. They're not taking it anyways so look if they're not in use all their days to begin with why should we give additional time off I I would suck it up and coming to work. I did I Anderson I don't why I showed up now. Look was and miserable it sucks it's not one but you show up it lyric it's a dog like I understand. Though people need to take today again like other companies and individual employees are free to do what they want a copy chooses to fight this go for Aniston it's dumb idea and they should not be part of the regulatory. Quick break here and then when we come back we're talking about Elizabeth Holmes company ever notes laying off most of its employees on the financial exchange radio network. Like this on FaceBook and follow us on Twitter. Show breaking business news is always first right here on the financial exchange radio network. This is a special announcement for all landlords chasing down only rent payments and making trips to the bank to deposit checks take a hassle out of Wednesday we're zero and leader banks all mine rent collection tool zero automatically deducts tenant's rent and deposited into your account visit WWW duds he ran dot net to learn more Z rent your payments for each unit to receive regularly on the same day every month tenants pay nothing in the first six months or free throw landlords visit WWW dug see rent dot net to learn more or call 7816418691. That's the states and asset protection planning can be overwhelming and that's why you need to call Todd lets see he's a partner with the law firm of Cushing handle hi this is very Armstrong Todd is an expert in elder law and taxation and he's been creating a state plans for folks like you for over thirty years there are numerous types of trucks that are available but the two most common are revoke the and irrevocable trusts there are major differences between the two some before you put your pen to paper get some solid advice from someone who knows and can advise you on the best path for you and your family Cushing Dolan has a free guide out this month on the differences between global and irrevocable trust and you can get it by calling 8668485699. This even shows you how it's possible to eliminate your state taxes while protecting your assets from creditors and long term care expenses call right now to get this free night at 8668485699. That's 8668485699. Or download it right now from their website legal exchange showed. Com if you're doing yourself investor that are happy with the status of your portfolio. Don't worry you don't have to change your investment strategy however you should be aware that the Armstrong advisory group offers very specific options to help you with your overall planning process having some back up plan this sometimes overlooked when you're managing your own money this month the Armstrong advisory group has a new guide at the talk specifically about how to plan for the future of your DIY investor that comes with the do it yourself checklist designed to offer you additional guidance as your plane reaches its later years call right now to get this free guide and 803934001. That's 803934001803934001. Or you can download it right now from our website Armstrong advisory dot com that's Armstrong advisory dot com security suffered through securities America incorporated member finreg SA BC and advisory services are there securities America advisors incorporated Barry Armstrong represented Armstrong advisory group in the securities America companies are unaffiliated. Whether you're celebrating a milestone or diversifying your portfolio precious metals are Smart meaningful investment one ounce and 110 ounce silver and gold bullion coins are now available at all leader bank locations bank locally and your gold locally it just makes sense of leader bank a call and learn more call 8776917900. Or visit leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency god guaranteed by the bank and may go down in value leader back a step ahead this is a special announcement for a landlords chasing down only rent payments and making trips to the bank to deposit checks take a hassle out of day with zero and leader banks all mine rent collection tool he went automatically tenant's rent and deposited into your account visit WWW he ran dot net to learn more would see rent your payments for each unit received regularly on the same day every month tenants pay nothing in the first six months or free throw landlords visit WWW he dot meant to learn more or call 7816418691. Time now for Wall Street watch a look at the market's performance so far today until Darian jog right here on the financial exchange radio network. Time for Wall Street watching Michael start off first with Mattel which is up about 5% today. The toymaker which have been someone in battle over the last few years into a little bit of good news how come. Yet they have been struggling. Most recently obviously have the closure of Toys 'R' Us has really impacts their bottom line by the analysts at Jefferies investment bank came out and is that put a hold on the company sing near term the risks are really at least they're known at this point there are many more unknown risks. They're not all that talk about the long term recover this stock but in the short term the pretty confident and based on that alone stock's up 5%. Don't know also about 5% today how come. Yeah I China's H in a group. Is the largest shareholder Hilton and they are getting rid of their shares meeting there's going to be a second secondary offering for the stock at 73 dollars a share and just on this and alone. The stock is. Up to 78 dollars and ninety cents up nearly four boxer over 5% among us. Theory good let's take a look at. Our poll question of the day up right now on financial exchange showed dot com should employees be given paid time off to grieve the loss of a pets. The results are a little surprising to me talker we're getting soft. This does present it to. 30% of her listeners think deaths attributed. And time we may need to rephrase as it should employers be required to give time off for the loss of pat. And on our utility that. It's finally does affect fund that we get Nokia. I just wonder some posters and all you should definitely take time off when I get you can't I'm I'm asking whether or not a poor educated hat today. You know they should employers have. One pet day that they give you per year that you can take. To go in grieve the loss of a packed per year I thought all in per year. Let's he's this is why you get into what if you have a pet the dies each year once every five years. Look who's gonna police that how we got to get you know pat this is why exactly this is so much government. Ways to go to animal control right definition of the season why this is why we can't have nice things talker. It's because of things like this is all of a sudden all night I had to pets this year now what it would like do like you'll give me one day off now what do. I just again I don't down a dark road here take a vacation time taken vacation time that no one takes to begin with. In going grieve the loss you pat I understand top understands dramatic I've gone through it but most people don't take their vacation time anyways so take a day or three. In grieve the loss your pet and deals that. Start left their nose. This is a company that about three years ago. Everyone thought was a eight cutting edge permits led by year. Soon to be was led by. A woman by the name of Elizabeth Holmes who had not gone to Stanford but dropped out when she was nineteen to found this company what. It's our obsession with people that drop out of college in serie tech companies. Yeah I know that you've seen like Bill Gates and Mark Zuckerberg be successful but they are really the exception not the well and any and in this case. Unlike gates and Zuckerberg were they built something legitimate. Homes built a completely fraudulent company didn't do anything that it actually claimed do yeah so that the whole premise of her company was that instead of having to draw blood in into all this stuff for blood tests you can take one little prick and just use two drops of blood for all these different blood tests. And then it turned out that they weren't actually using their own machines to do the test because didn't work and they've raised so I. Hundreds of millions if not deliveries to billion dollars series that billion dollars and if you listen to people that invested in the company Lexmark private equity hedge funds. What they really saw was you know usually what you're doing is you're going in your testing at the technology your having know someone that knows and understands this go in there and tested out. The problem he had with this as some of the initial investors were real big time guys there real big time investors and so what happened is. In the fall on investments you have these other people coming in and said well. Heck if this guys in the room he's already given the money he must have done the due diligence so I'm okay with and I'm retro another 151000100. Million dollars at this product. NC just had to hire a line of cash. For peace in your fraud it was a for a hot. It was completely fraudulent social their nose. At this point has now gone from 800 employees down to. About two dozen in a span of two and a half years so the companies effectively. On the brink of going out of business pretty much if they go below three million dollars in cash on hand. The creditors led by Fortress Investment Group. Can effectively take the company liquidated and do whatever they Walt. Yeah so under the so fairness former CEOs with homes. Reached a settlement with the SEC issues forced to relinquish her voting control of the company. She had to give back a big chunk of her stock action to pay a 500000 dollar penalty. And I also found this were drenched and she's barred from serving as an officer or director of a public company for ten years I don't know who would. Allow her to do so in the first place. But I've never seen that restriction placed on somebody before. Then trying to buy house. I'm assuming some of the stuff that came out Enron probably and probably a bit left it's it's not something that's common now you know like you go back to the financial crisis you know of any executives from there who ended up in this actually you know it's like. This this is pretty rarity it speaks to the level of fraud that was perpetuated here. CBS coming out with they tool to help their customers find less expensive drugs pretty good thing appear a consumer. Treated thing if you're anybody if you're the insurance company if you consumer yeah is this is what health care companies need to be doing these days. And I can't tell you how many times. You know when you're going to get a prescription from your doctor. You never question to you right you just. Look at the scripture and say OK I need to go do this this is in my best interest is. He's he or she is a doctor and they have my best interest at heart and I go to the pharmacy and get filled and but you read these stories that yet there's ton of different alternatives that could be used instead. And they've never really had a way to check those. And in in some cases what you see is that even though the Indy user might pay less the insurance company pays more in some cases it might be reversed and other cases here. And so you know it's just a case where now you finally. Have the ability through CVS to say OK let me look at you know the the actual cost of what I'm getting and maybe there's cheaper option available to me you know because I don't wanna pay. You know forty dollar co pay us that I wanted to pay twenty rent any gives you the potential access to cheaper drugs that are being a similar if not identical in some cases due to generics being out. And I was impressed by the numbers too they did a pilot program where they are testing this out. CBS found that 95% of patients when they were told hated switch to cheaper option that did the same thing they agreed. But Morse and that doesn't seem surprised me more surprising to me was you know you have to go back to the doctor rights of these procedures just need to get them get a direction description. When they go to the doctor 85% of the time the doctors agree. So I mean it's not like bears some you know completely different drugs that are being recommended here or the pharmacist doesn't know what they're talking about. 85% of the time the doctor says oh yeah that's fine sounds good. Folks apparel landlord you'll the find it easier way to collect rent payments the need to hear about leader banks on line rent collection product called Z aren't to great service for landlords allows them to collect tenant's rent payments electronically adds the red dot net. With out the need to collect checks. Most landlords they use a local neighborhood banks to do their business and now a collection of local banks. Their offering this unique program including leader bank and stone bank member FDIC. If you are landlord and your interest in having your bank acquired as he ran technology. Uncle zero team at 781641. 8691. That's 781641. 8691. Or you can visit Z rent dot net. And stopped chasing down late payments and running to the bank to make your deposits Dick your bank to add zero to its list of offerings. Visits he rent dot net or call 781641. 8691. Today. Left overs biggest competitor says that it passed a billion dollars in revenue in 2017 and they're growing revenue and often. In 68% year over year that he walked me Hoover. Did see a huge increase in revenue it is a 61% increase. So this company is not even close to the size of Maria I think you know at a billion dollars or less than 18 the size of Google. It Edison fast fast growth big chunk. We talked to be you know grown especially it. You know the thing that you have in this space right now is. Obviously competition from. Over primarily and I think you know lift has been a beneficiary of the fact that Hoover didn't really have the best when he seventeen to put it lightly because they've they've benefited somewhat from that. But I think also people are starting to look at the price of these things and you know it kind of say they are there other options that are out there as well and so you know the fact that there's still growing a 168%. Year over year. It's good sign for them now they'd be did not say if they are profitable doubt they're probably not profitable and say how much they lost. But any time you're growing revenue like that hates good sign for competition and that's always something that's beneficial. For consumers when it's all said and done. You are mosque is coming out and on Twitter you know after race after a negative report from Goldman Sachs. Elon Musk said okay place your bets in note if you want to leave pay the doors right over there I. You may be you know something we don't know maybe he knows they're doing better than expected. But it's. If you're the CEO of a massive. Important company. I don't want you to do but keep your couch and this is a week after the whole April fool's tweet. You know that there's joked about the company being gone bankrupt or whatever. That there's a good general rule on Twitter was shut up. It as a general rule on Twitter which is. You don't beef down the wind when you are engaged in tweet beef it has to be someone on your level or someone above view that's a good rule because otherwise you just look like your your kind of punching down at someone and it's like yeah attack and the small matter what are you doing here you know. So. When you on Twitter you don't beef down don't you know it. You can beat it if you've got someone who's on your levels coming after you for example let's say. That Mary bear not that she would let's say that in the CEO of General Motors came out and started tweeting you on your company's awful that the that she's not gonna do that. But it would be fair and it's okay have got to defend myself against my cup question. When he got individual investors. Who are saying oh gee you know this this doesn't look at. Have to say anything it makes you look at all. You really don't. My concern that this company. Is mainly about their CEO at this point eight clearly a genius what was merely an innovator. Can't you just can you imagine in the back in your head if you think about it honestly can you imagine a case where you want because of his. Just the way that he seems to be accidentally disclosing nonpublic information know or really knows it is that there's nothing here that I know it is not done that in the back and I'm looking at his personality in the things that he's done in the past. I I have concerns from that. Area about this chief executive. My concern is this is a company whose stock valuation is not driven by fundamentals but rather by. The ability of the chief executive to market the company and promote companies say they were doing all these great things. When you start engaging in tweet beef with people who are below you. It takes away your presence and takes away your ability to say I'm above this and here's the great things were doing if all you wanna do is beef. Paved. Over you eat you can do that but it takes away your ability to make as much of an impact it you dilute your voice yeah. We're to take a break here when we come back going to be talking about the one thing that is still drawing shoppers to malls. The food courts coming up right here on the financial exchange radio network. Have a question for Berrian junk. Now you can text us at 63566. And take part in the show at any time. Start your text through keyword Barry and join our exclusive club days as the financial exchange radio network. Hi this is very Armstrong and in my thirty plus years as a financial advisor I've spoken with many of you who have chosen to manager owned investment portfolios today I wanted to talk to you do it yourself first because while your portfolios may be riding high there are other aspects to your plan that we can help you portfolio management is just one piece of the larger pie at eighty AG we can help you with the state planning and tax strategy succession planning is an important part of the overall process this month they have a new guy doubt that talks specifically about how to plan for the future if you're managing your owned portfolio becomes the complete do yourself checklist argue additional guidance as you reach her later years call right now to get this free guide at 803934001. That's 803934001. Or you can download it right now from our website Armstrong advisory dot com. Juries are for two securities America incorporated member and as a PC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's online collection product called zero and it's a great service for landlords allowing them to collect tenant's rent payments electronically and he rent dot net without the need to collect checks mostly in the reduce local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank required to zero and technology tell them a call busy rent team at 781 at 6418691. That's 7816418691. Or visit C Rand dot net stop chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816418691. Or zero rent dot net. I've folks it's very Armstrong and I'm joined today by estate planning attorney Todd lots ski with your legal exchange quick tip of the day were talking today. About the differences between revolt Kubel and durable global trust. Todd what is the biggest difference between Ruble global and irrevocable trusts probably the most commonly asked question ever. Probably the and first all I'm gonna tell you that there's many different kinds of irrevocable trust its not like just one mine call and so that's what makes it hard to Germany. Would be at least try to. Bring it back down to what I think are asking me generally. Irrevocable trust their talking about are these Medicaid income only trusts now the ones are we try to protect assets from the nursing home. So if I was to compare that kind of an irrevocable trust with a revoke of trust and there really biggest differences. The irrevocable trust what protector acids from an arsenal the Reebok of trust never will so why would somebody user revolt global trusts. Over and durable trucks there are times where people have either enough long term care insurance or what may well or lots of wealth and end their self insured because they can pay their own way through the nursing home so how much money you have to have me if you like we define rich force I don't ask. For 10000059. With the estate tax laws as high as they've they exemptions have gone as high as they are I'd say you know 34 million dollars or less you'd probably still going to be considering in your vocal trust if you're over age sixty. The estate planning expert at Cushing and Dolan have written a brand new guide that will answer the most common questions you have regarding revolt Kubel and irrevocable trusts. The phone number to receive the guide is 866. 8485699. Its toll free 866848. 5699. You can also download the guide it legal exchange showed dot com or call toll free 8668485699. The financial exchanges all over New England to go to financial exchange showed dotcom and search for the station closest to you this is the financial exchange radio network. So apparently mall owners are saying that the the one thing that still gets people into malls. Is food and getting him at a much faster rate than anything else these days. Web when's the last time either one of you went to a mole. You restaurant. November. That was quick conductors that's when I remember what it which ago. Notch bowler of course Oka now acting gets sect in if it was in but you've been back to a mall eaten for months now correct. Long time. And my interview. We I don't I don't know when I'm just trying to think too that Cheesecake Factory last year it's all kinds of Cheesecake Factory mean their teaser look and replace them you know are totally waistline. All that in place what pants that would be so loud that I got my stretch your son being noticed. Now but I found a reaction went to the shopping mall last Saturday. Because they've got like a really did kids' play area and be in the food court there which was actually quite small shop record and terrible apparently airport according to a study 40% of consumers today will pick able to visit primarily based on the restaurants located. So it's it's a way to get people into the area but I wonder how much collateral shopping happens. I mean the study says that that is they spend more I don't know how much I mean. It makes sense if you're if you're in the shopping mall. Just EUU. Walker ball mean there's hundreds different stores in these places often times it happens and spent some things. But Garcia I I could see that in and look at if you are a mall your biggest. Problem right now is declining put trapped exodus at least helps to you can put that aside so we'll look that are the great to obvious isn't obvious Tex and they just got a new location at the south replies from Braintree Stew well there should look pretty good show them all losses I don't know on one of these mall owners for example GGP. And only 25% of the future deals with tenants is going to be apparel. That number was 50% of all you lose and it's back in 2050. So you've seen basically a 50% raw. In the apparel tenants in this you know this one shopping mall owner bud. That's a significant drop Paris. Restaurants have doubled. I wrote a great statistic yesterday by the way. You know how many pieces of apparel the average person in the US buys any given year and when he for. Mike no. You yes come on it we sat. 686868. Pieces of apparel about five a month on Africa it's breezy is what it. The average cost though only about nineteen dollars per item and so you know talking ought to go out by you know six blazers and force sweaters are it's okay. That includes things like Sox OK and we don't in the techie mind that is apparel and but 68 different pieces on average five times a month more than once a week on average that's cores. That's that's how many piece of apparel the average person buys your works out to about thirteen hundred dollars a year has been to that it is a good measure the restaurant thing he has been eagerly. They'll put it ignorance and I've heard it I mean it's basically a big shopping mall type space sickness has a ton of different food bathroom. Yeah it's been hugely successful and shopping there it's it's been hugely they've got like five or six of them now and I mean you can get in new York and you can get away from the Italian food specifics that rate of if you walked into a shopping mall and you at a whole different. You know selection different food items and actually good work lights borrow and ours are not you generic you're hearing there at toward the food court that's not making great food. And can be huge draw off each and you know if I do is just renamed for the different countries have you won a country that's like for food it's from our media instead of easily could be our Amelio. You know custodial you can do something like that. From Bangladesh could be banquet dinner. Anguish and our taxes critical I think that's pretty good with the England that are the heat. Bangladeshi. Restaurant they can be of the threat and what shot I'm just trying to come up with cool names for these places are. Let's see what else we have four. Did did did did we'll get you guys keep talking hundreds of the next story tonight because it ties in tennis a series you've gossip guys the story from Nordstrom who has really you know struck kind of been struggling coal bed and on as much as some other retailers obviously but aid they've got a prime New York City story that is going to start offering. Cocktails later shop. I'm an attache. And you can get customized clothing as well as twice or seven store picked up which I think is big for the New York City market. All of this. I don't know that really works then maybe in New York. Yeah that draw offer. 24 hour. On the ABC can order something online and pick up the store 24 hours. I don't want someone delivering near cocktail law shopping maybe somebody else does but zero. He. And Ireland. With the always angle of dinner better bag there's a good one. I think that's we need to talk to someone about this standard is it is Mario Mittal who runs eagerly I don't know. I don't I have no idea if you remember who was but reverence easily lets talk about dangled in Africa. Quick break right now we're going to be back in just over it it's not stupid. Let me back in a little bit talk about why Wal-Mart is favored over Amazon by India's car business. 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 of faster closing call lead 776917. B 900 that's 8776917900. Or visit leader banks dot com member FDIC's equal housing lender and MLS number 449250. Subject to credit approval. Leader bank a step ahead if you're doing yourself investor the restaurant advisory group offers very specific options to help you with your overall planning process succession planning sometimes overlooked when you money call now for our new guide the talks specifically about how to plan for the future of your DIY investor the numbers 803934001. That's 803934001. Or downloaded through our web site Armstrong advisory dot com securities are with the securities America incorporated member can recipe seemed advisory services offered through securities America advisors incorporated Barry Armstrong represented Armstrong advisory group in the securities America companies are unaffiliated. states and asset protection planning can be overwhelming and that's why you need to call Todd lets see he's a partner with the law firm of Cushing handle hi this is very Armstrong Todd is an expert in elder law and taxation and he's been creating a state plans for folks like you for over thirty years there are numerous types of trucks that are available but the two most common are vocal and irrevocable trusts there are major differences between the two so before you put your pen to paper get some solid advice from someone who knows and can advise you on the best path for you and your family and Dolan has a free out this month on the differences between revoke and irrevocable trust and you can get it by calling 8668485699. This even shows you how it's possible to eliminate your state taxes while protecting your assets from creditors and long term care expenses call right now to get this guy at 8668485699. That's 8668485699. Or download it right now from their website legal exchange showed dot com. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's online rent collection product called zero and it's a great service for landlords allowing them to collect tenant's rent payments electronically and he rent dot net without the need to collect checks mostly in the reduced local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank acquired does he ran technology tell them the cold as he ran team at 781 at 6418691. That's 7816418691. Or visit Z Rand dot net stopped chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816. Plan if you are you do it yourself investor and Michael start first with the case where maybe one spouse handles all the finances. And that's spouse gets sick in retirement and your spouse might not know what to do. Yeah I mean we see it very frequently you know one person it's usually the case in fact that one person is handling most of the finances. It's not always. The husband is always the wife. It varies a lot and the problem you have is that other person is usually not comfortable handling. This entire retirement plan they put together together. And at the end of the day need to have a back. In a lot of cases they may they might not have any idea about some of the terms that are being thrown at them they may not know some of the requirements from year to year. There can be all kinds of things that they don't necessarily understand. And it's all happening during an emotional time as well. Right and don't mean to him make it's in late super easy while you're still working but at that point you know the primary goal is saving once year you know in retirement perhaps over the age of seventy you have a lot more things to worry about from a tax perspective required minimum distributions capital gains. All of these different factors that really come into how you invest as a retiree. Folks the good news or strong advisory group has put together a free guide to these very issues it's titled. The importance of having a backup plan for do it yourself investors and eking get it for free by calling 800. 393. 4001. You can also get it online for free. At Armstrong advisory group dot com. And once again that number to call is 803934001. For your free guide the importance of having a backup plan for do it yourself investors. Precious metals are Smart meaningful investment one ounce and 110 ounce silver and gold bullion coins are now available at all leader bank locations bank locally and buy your gold locally we just make sense of leader banker call and learn more call 8776917900. Or visit leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency god guaranteed by the bank and may go down in value. Leader bank a step ahead estate and asset protection claiming can be overwhelming. Where you start and how do you know what type of trust is right for you the law firm of Cushing in Dolan has been creating a state plans for folks in New England for more than thirty years and they can help you do with all the different types of trusts available it's understandable that there can be confusion when it comes to estate planning. Do you need to rent a global trust do you need an irrevocable trust if you don't know the difference you need some expert advice and this month Cushing in Dolan has put together free guy that'll help you decide the best plan for you in your family you can receive this free guide the differences between reputable and irrevocable trusts by calling 8668485699. Picking him and show you how it's possible to eliminate your estate taxes well at the same time protecting your assets from creditors and long term care expenses call right now to give this free guide an 8668485699. The number again is 8668485699. Or download it right now from their website legal exchange showed dot com. Time for bank the pays you with Lieberman consumer award accounts can 1% cash back with a debit purchases and an extra 10% back when you user carted featured businesses to qualify for these and other awards using statements direct deposit 1000 dollars and make a debit transactions each month to learn more call 8776917900. Or visit leader bank dot com minimum to open and earned annual percentage yield ten dollars mass residents only bees may reduce earnings rate subject to change without notice member FTSE leader bank. A step ahead hi this is very Armstrong and in my thirty plus years as a financial advisor I've spoken with many of you who have chosen to manager owned investment portfolios today I wanna talk to you do it yourself first because why your portfolios may be riding high there are other aspects to your plan that we can help you portfolio management is just one piece of the larger pie at eighty AG we can help you with the state planning and tax strategy succession planning is an important part of the overall process this month they have a new guy doubt that talks specifically about how to plan for the future if you're managing your owned portfolio becomes the complete do yourself checklist argue additional guidance as you reach her later years call right now to get this free guide at 803934001. That's 803934001. Or you can download it right now from our website Armstrong advisory dot com. Terry suffered a securities America incorporated members in SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities America companies are unaffiliated. In new. This is the financial exchange with Barry Armstrong and chunks of us. You're exclusive look at business and financial news affecting your day you're simply your world stay informed and up to. It's about economic and market trends plus get breaking business news every day. And now the financial exchange with the Barry Armstrong and sharks done us. Some news that broke early this morning as we. As we are kind of getting our days started at this point. Paul Ryan speaker of the house. Is resigning. Not effective immediately but effective at the end of his term in November. Rather when that term expires in in January next year. He will be retiring from congress after spending twenty years. In congress. Current leaders to while replace him would probably be Kevin McCarthy's house majority Lee house majority leader. And dusty still lease who's the house majority whip. The two of them probably in the driver seat as far as new who's gonna end up taking. The reins from Paul Ryan. Once he steps down here. Obviously this has chance to BO significantly impact the potential agenda for congress over the rest of the year and heading into. 2019. So pretty big shake up coming when we when the dust all settles its. You know the two wrenching things that I find about this and total impact things I mean obviously the mid term election November in Wisconsin you know becomes a bit more of a tossup in this case got. And two I wonder. How much his behavior changes knowing that he's not coming back in January right there it is the just. Is he afraid of doing something because he needed reelection that he's not going to be worried about going forward. Don't know he's only got about six months left at this point so there's not a whole lot of time for too much to actually go on. But just some news that has the potential to affect the legislative agenda whether we get infrastructure plans coming through. All of those things you know have a little bit more of a twist now. Then they did 24 hours ago. Some news coming out of Indio Wal-Mart apparently is favored over Amazon end up buying a majority state. In India's put cart delivery business and we've reported on the story. A last week or two weeks ago if I'm not mistaken. Flip card today. Have a competitor to Amazon in the Indian space and I think that's really one of the main reasons that they're looking at Wal-Mart a little bit more favored over Amazon. You know Wal-Mart already done their due diligence they're ready to go in the zone you have much more of an anti trust concern in India with them picking up flip cart where as Wal-Mart to really not competing on the same level as Amazon is that same marketplace so. We'll see if it goes through but news the the bidding. Doesn't seem like it's going to be that much of an impact from Wal-Mart. It looks like the companies are pretty much both valuing foot cart in the same ballpark somewhere around twenty billion dollars totals of the state that either company would take if they won the bidding. We'll be somewhere probably between ten to twelve billion dollars when it's Olson right. Domestically we continue to see rising home prices to go to the older home but the problem is if you don't in your buying one. It ends up in a lot of cases pushing people is some pretty negative by territory. When it comes to how much of their income. They're debt payments then make up you see an awful lot. One in five conventional mortgage loans made this winter. Went to bar we're spending more than 45%. Of their monthly income on a mortgage mortgage payment and other debts and you really don't. Like to see that I mean I don't wanna spooked people I think that you're seeing the same types things that you saw back in the early two thousands because we're not there now but it's not good I mean 45% of your income. It's not. It's not recommended and it's not uncommon I mean a lot of people are paying easily damage there and come out and rent. But you know you have a lot of danger there if you lose a job. You know obviously if you're relying on one of the couple's income for the use of the cost that mortgage. It's concerning to me. It's this it's the start of a bad trend. And and you're not seeing any impacts in delinquencies or anything like that delinquencies are still declining they have been since the third quarter 2012. We're delinquencies were a ten point 4% they're now down to 3.5 percent CU continuing to see. Delinquencies on residential mortgages declining but these the kinds things that you look at you say. Gee this is an a good economy you'd expect them to be declining AM if the economy hits the skids a little bit something like that makes you a little bit nervous. Yeah I mean you know that there shouldn't be many delinquencies in a time when we've got low unemployment and wages going up the concern is if that. Reverses right if we head into recession and people are spending half of their income. On their mortgage well yeah there's there's some real concern. And and let's also talk about the other piece is this which is. Mortgage delinquencies are typically the last place that you see it show up just because people want to keep paying that mortgage because they need a place to live wrecked the first place that you traditionally see it easing credit card yeah and credit card delinquencies have gone from 2.2 percent in the third quarter of 2016. Up to 2.5 percent so you have seen a little bit of a tick up there it's not the kind of move. That makes you nervous because in the period from 2005 to 2000 eats okay we went from 3.5 percent up to four point seven. So it's he's nowhere near that scale. But you've got some kind of icky yellow lights right now in the economy nothing that's flashing red and saying get out now. But some things out there that say pages watched this over the next year and make sure doesn't turn. Into bigger deal there and while homeownership I mean I don't want either written on this and say it's you know homeownership can be a bad thing B it's not the way I hear the stories like. You know a few years ago we had Fannie and Freddie. Start guaranteeing loan payments. But don't uses low 3% and I understand you know I know that it's tough to save that down payment but pat puts a lot of risk on the system and have a three does down payment notice of what's leave what's that. Cause you to stand at home to camp for the paint. On the about it if you just want to make its sale. You're in and paying money out that you didn't have just paid real estate broker commission notes and that's why I was kind of look at and say look 15% is is the ideal minimum down payment. You can stomach to 10% dip. In stolen money to pay you know again the house when it's all said and on. MIT is developing one of the previous technologies. And I have ever seen and it's it's it's awesome on one level. But it's. Yes yes it's funky man like what what it is. It is a device called the Alter ego and uses electrodes that they attach to your head kinda like your little side toward tightening. And it can read your thoughts so the voice inside your head it reads where just that it gives the voice inside your head imports if you read what you think that it's terrified and then it translates into a machine learning system. They can associate those signals with words in some than can actually speak. Your warts now would always speaks a hundred words right now still currently. You know there's a hundred words right now but pretty much were getting to the point. Where you could have this device detached you with a huge megaphone in all you have do with the needles beat NASA question. Why say that it didn't. Why. Why not because it's a terrifying idea it's not a practical application practical applications but they someone has a stroke. Cash let's say someone has a stroke and still can think accurately but for whatever reason we've seen this with a lot of stroke victims were they can't speak. Interest potentially give the voice to someone like that very into let's say you're someone like Stephen Hawking who recently passed but had to. Effectively through his eyes pick out a letter by letter exactly what he wanted to say year tight right. All of a sudden you can just think that and get out much more round of a somebody's in a caller of the Micah. You know so someone right now you know now I don't I don't know I don't know I don't check in Asia I don't know brain waves well but there there'll cases where people can still thinking and process information but just for whatever reason can't speak effectively yet. It potentially gives a huge huge assisted those rate is not going to be you were I he uses the hours and sentenced to senator was your I would need it trouble if it sounds creepy that's what I say look at it it's really creepy technology. But it's. Awesome because of the potential like you look at how many people go through it again. The bet anyone that you've ever known who may be had a stroke or something like that who they're still you know mentally sharp they just they can't speak the way that they used to. This could potentially give them a huge leg up in the interest nation's interest and yet but you know that the first application of this stupid this thing's going to be some stupidly video games. You think you have trouble on Amex at MI too expensive. It's gonna be too expensive I bet there's some dumb applications like. Claim via I told line nine hole I doubt that MIT and written statement or say yes. The apple watcher of the future could analyze both your biceps curls and your golf swing first of all my biceps are just fine thank you very much went to the gym this morning. Keep telling us a second I don't want it looking at my golf swing because that's just awful and it's just gonna laugh at me. Yet check you can light all of us who don't like yourself. Has in regards to this season is coming up gotta look good. God judged already here and there are sons of guns I was literally no you know I hope that this might have you know practical application for the for the company. We've been talking about apple for years about how really their only true product is the iPhone and I've been waiting for years for this apple watch and just do more. Do you think that this really could boost sales. I don't think could boost sales but I think it does make it more useful tool in that I could see. You know professional sports teams using this and a line you know get more data on and you know exactly how an athlete is making certain movements and say OK you did this this time in this. But for Seattle see I don't see a professional athlete using this I see this as more recreational person morning to have you know some access because if you're playing in the match in MLB. You've got. The way more expensive technology that specialize to analyze this type of stuff they don't knock and they really don't. No no they they don't have like a customized bad that route you know looks that you're swing don't they they really don't. That's surprising to me delegates if you look at what a lot of teams used it's a lot of all the rack stop with customized software but this just gives him more data that they can pick up action from. So I I think it's I think the high end user significant I don't know if anyone would buy an apple watched just because lake Anthony's anymore behind. You know decide what they offered now right yeah that's that's the point is if your putting more behind it right if you are an avid golfer and you know this is affordable product that actually you know. Correct your swing or if I'm trying to think of the other. Hobbies and Arctic how how well. Range finder under apple watchers and certainly it's specifically from golf ones yeah yeah I mean there's there's a ton of potential as wearable technology which is voluntary. I'm on yeah. I'm trying to think the other real practical sport applications that it could have did it between something swings at the heart. Beat your heart readers they've got the art they've got the heart rate monitor they've got the MD estimate calorie burn and marriage you know all that stuff already. It's just. You kind of when you think about a Smart watch you think about being promised the world I don't think you've seen with the apple watch. I also think golf is cut do it we talk about golf your midst it's kind of a niche. Sport you know it when you talk about the number of adults who actually played golf. It's it's not huge its famous declining the the average and this is according to a serving a tooth out in 2000 so it's fifteen years old data that I have. There were about five million people a year. Who played golf. Erica. The most popular sports running and walking. Both things I hate thirteen million people in seventy million people. But this could have application I mean the crosses a huge growing sport right now as could have seen applications to different sports as long as your. Swinging your arms then Pratt you know hypothetically it should be able to have that example would you tell you little cross I don't know I don't know lacrosse player you know if you're hockey player. What could this tell you a hockey. I don't know and it's and it's. I just I wonder what the marginal benefit is for the average. User so still a question for me it's it's interesting but we're still not quite there. We're gonna take a break right now and when we come back really talking a little bit. Bat aluminum prices and also why the dollar continues to move won't even in the face of uncertainty right after this break on financial exchange radio network. The financial exchanges line on FaceBook and YouTube watch Berrian chuck discuss the issues of the day and see which ones miles the most. Days is the financial exchange radio network. State and asset protection planning can be overwhelming and that's why you need to call Todd lets see he's a partner with the law firm of Cushing handle hi this is Barry Armstrong Todd is an expert in elder law and taxation and he's been creating a state plans for folks like you for over thirty years there are numerous types of trucks that are available but the two most common are vocal bowl and irrevocable trusts there are major differences between the so before you put your pen to paper get some solid advice from someone who knows and can advise you on the best path for you and your family in Dolan has a free out this month on the differences between revoke the ball and irrevocable trust and you can get it by calling 8668485699. This even shows you how it's possible to eliminate your state taxes while protecting your assets from creditors and long term care expenses call right now to get this free at 8668485699. That's 8668485699. Or download it right now from their website legal exchange showed dot com. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's online rent collection product called zero and it's a great service for landlords allowing them to collect tenants rent payments electronically and he rent dot net without the need to collect checks mostly in the reduce local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank acquired dizzy ran technology Obama called this he ran team at 781 at 6418691. That 7816418691. Or visit Z Rand dot net stop chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816418691. Or zero rent dot net. Hi this is very Armstrong and in my thirty plus years as a financial advisor I've spoken with many of you who have chosen to manage your own investment portfolios today I wanna talk to you do it yourself or because while your portfolios may be riding high there are other aspects to your plan that we can help you portfolio management is just one piece of the larger pie at eighty AG we can help you with the state planning and tax strategy succession planning is an important part of the overall process this month they have a new guy doubt that talks specifically about how to plan for the future if you're managing your owned portfolio becomes the complete do yourself checklist argue additional guidance as you reach her later years called right now to get this free guide at 803934001. That's 803934001. Or you can download it right now from our website Armstrong advisory dot com. Juries are with the securities America incorporated members in SIPC and advisory services are with the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group the securities and our two companies are unaffiliated estate and asset protection claiming can be overwhelming. Where you start and how do you know what type of trust is right for you the law firm of Cushing in Dolan has been creating a state plans for folks in New England for more than thirty years and they can help you do with all the different types of trusts available it's understandable that there can be confusion when it comes to a state claiming. Do you need to read a global trust do you need an irrevocable trust if you don't know the difference you need some expert advice and this month Cushing in Dolan has put together or free to help you decide the best plan for you in your family you can receive this free guide the differences between rebel Kabul and irrevocable trusts by calling 8668485699. Picking Lehman show you how it's possible to eliminate your state taxes well at the same time protecting your assets from creditors and long term care expenses call right now to give this free guide an 8668485699. That number again there's 8668485699. Or downloaded right now from their website legally exchange showed dot com. We wanna hear from due to Stewart Barry a 63566. And let us know what you think about the stories we discuss your team to the financial exchange radio network. News coming out of commodity markets over the last couple days here. Shows that aluminum prices continuing to move upward right now aluminum prices up 3% yesterday. Largely on the back of US sanctions that were just slapped on a Russian company that is a major aluminum producer. Yeah mediation be huge pressure we we saw aluminum prices moving up. Even before to start talking about sanctions just on the thought there could be some infrastructure spending. Towards the end of last year. And the sanctions and they continued. As what happens when you have just on a global unrest like Newt global trade unrest commodity prices are seeing a pretty big bounce. But it trivia here today we do trivia every day on financial exchange today. Britney doing trivia based on the band we would Mac is we or in this week that we would back. They fired their longtime band member and he bought him yet of their upcoming tour tied to take personal day for that actually. I meant I'm very depressed about. Are you now I am you bigfoot or Mac fan. Who was rumors as a result of all time and a it and I agree I challenge anybody yep it's it's up the so. But not a I don't wanna get off track adult. I'm not gonna get too off track you know I was gonna go there that I'd I have directions like go so let's do trivia based on Fleetwood Mac. Which Fleetwood Mac song. Was actually hit for the band Santana. Text does at 63566. With the correct answer and if your first you get a fifty dollar gift card to dollar dealers with five locations in the Boston area including the newest location in Braintree the South Shore plaza. W is open daily for lunch and dinner and on Sundays. Brunch. WS is the perfect place to host the next special event so it's obvious today in Boston Foxboro. Winfield Chestnut Hill or the newest location. In Braintree. Once again the trivia question which we would Mac song was a hit for the band Santana. Texas at 63566. If you know the correct told we will Mac to answer it certainly is we're going to go way back there so. We finally got Netflix gave us information on the most popular. DVD's that they have shipped every year since they've been in business now it's important note these are not the most popular streams. Rather than dvds that were ordered voters often veiled by the mailed by customers who subscribe to their mailing served by the way or still being offered right there are still 3.4 million people. Who get dvds each year from now at no time to dvd player Acker and pray that don't have one. I mean I I mean I have and it's definitely not hooked up to my television I think what we have one down my Xbox is technically dvd player but a separate one now pretty much powerful sleep effort. That to a dvd color yeah. Why it's dvd recordings of Anders. The myself and it puts me to get up the next day. Does naturally happen anyways the that twenty years so. Some of these you know we kind of expecting in 2000 gladiator was the biggest movie that was requested by dvd. In 2000 for the notebook but it is late. Immediately get an idea I think that moving must've been seen like you know millions of times that was the romantic movie. Of that. Generation I feel like that was movie that not many people saw in theaters but the second count out on dvd just. Completely blew up net. Other big ones that you kind of makes sense in 2009 the blind side. In 2012 the Hunger Games when he fifteen the martian but looked at some of these numb like. Don't quite make sense in terms of late the most popular. Movies on dvd 2001 memento. Very good movie deflect Christopher Nolan but kind of under the radar you know did little surprising that I think it's gonna little and a cult fallen. 2005 crash has there ever been any worse best picture winner than crash that yeah that's a good point he has very mediocre movie. The departed in 2006 not surprising at all what the heck is the bucket list from 2007. That's the home with Jack Nicholson and had the crowd Morgan Freeman and Nam. And yet he's telling months to let us not really a few things that audience in knowing. Game when did the streaming option necklace become more popular than the dvd delivery published when he twelve or thirteen someone apple partner I don't I restarted it better and then two I wonder what the demographics are people that still have dvds shipped to ban. In the is that it's not guessing it's not Maria says that kind of explains to me a few of these movies that topped the list like. Not that monuments men was a bad movie but captain Phil's monuments man so so Lee. And Wonder Woman. You know that surprised me as pretty recent. Good moving. And movies not what I expect another threes at home there before that. Some great ones in the early days a big bounce coming in is the most popular night on ninety's he's not a cult fall in office space and 99 article fall and makes perfect sense. Bourne identity into 2002. Movies but not something you'd expect everyone to be ordering off Netflix right Mystic River in 2003. Heady furry those kind of mass distribution that's it that's Paterno origami phenomenal movie but a lot of best pitcher like it's the kind of movie you sit around and just say gee let's let's watch Mystic River that's really watched it's the it's it's something that kind it. You know that's wanted to on the I don't feel good walking out that it's kind of like what what was the the Casey Affleck won a couple years ago a hall. Manchester-By-The-Sea. In a Micah you watch that and you just. You wonder what your personal day for that movie yet you do need a personal day PO I happen to be at Manchester-By-The-Sea they were the day after you get that it's mandatory that you get a day off is like you Axel needed to process excellent movie the man. Depressing it is in Haiti stuff is just like dwarf. The rays were spent so much time on this by the way is Netflix never gives us an idea you don't have Netflix never discloses anything about. I just have to disclose the revenue but he users you know how well different shows are doing kind of well different movies are doing they don't disclose any of that stuff this is new for them. Time for brickyard when we come back when you talk about like. Amazon was not interested in moving their second headquarters. Saint Louis right here on the financial exchange radio network. The financial exchanges and live on FaceBook so make sure like your page and once the guys break down the latest on the market every day beginning at ten on the financial exchange radio network. Estate and asset protection claiming can be overwhelming. Where you start and how do you know what type of trust is right for you the law firm of Cushing in Dolan has been creating a state plans for folks in New England for more than thirty years and they can help you do with all the different types of trusts available and it's understandable that there can be confusion when it comes to a state claiming. Do you need a remarkable trust do you need an irrevocable trust if you don't know the difference you need some expert advice in this month Cushing in Dolan has put together three guys that'll help you decide the best plan for you in your family you can receive this free guide the differences between rebel Kabul and irrevocable trusts by calling 8668485699. Picking Lehman show you how it's possible to eliminate your estate taxes well at the same time protecting your assets from creditors and long term care expenses call right now to give this free guide an 8668485699. That number again 8668485699. Or downloaded right now from their website legally exchange showed dot com. Whether you're celebrating a milestone or diversifying your portfolio precious metals are Smart meaningful investment. One ounce and 110 ounce silver and gold bullion coins are now available at all leader bank locations bank locally and your gold locally just make sense leader and learn more call 8776917900. Or leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency on guaranteed by the bank and may go down in value leader back a step ahead time for bank the pays you liter maximum award accounts of 1% cash back with debit purchases and an extra 10% back when user featured businesses to qualify for these and other awards using statements direct deposit 1000 dollars and make a debit transactions each month to learn more call 8776917. 900 or visit leader bank dot com minimum to open annual percentage yield ten dollars mass residents only he's been reduced earnings subject to change without notice member FTSE. Leader bank a step ahead hi this is very Armstrong and in my thirty plus years as a financial advisor I've spoken with many of you who have chosen to manager owned investment portfolios today I wanted to talk to you do it yourself first because why your portfolios may be riding high there are other aspects to your plan that we can help you portfolio management is just one piece of the larger pie at eighty AG we can help you with the state planning and tax strategy succession planning is an important part of the overall process this but they have a new guy doubt that talks specifically about how to plan for the future if you're managing your owned portfolio becomes the complete do yourself checklist argue additional guidance as you reach her later years call right now to get this free guide at 803934001. That's 803934001. Or you can download it right now from our website Armstrong advisory dot com. Terry suffered a securities America incorporated members in SIPC and advisory services over the securities America advisors incorporated Barry Armstrong represented if Armstrong advisory group the securities America companies are. Unaffiliated I folks it's very Armstrong and I'm joined today by estate planning attorney Todd lots ski with your legal exchange quick tip of the day. We're talking today about the differences between revoke Kubel and irrevocable trusts. Todd what is the biggest difference between revolt global and irrevocable trusts probably the most commonly asked question never. Probably is that. And first all I'm gonna tell you that there's many different kinds of irrevocable trust its not like just one mine call and so that's what makes it hard to Germany would be at least try to. Bring it back down to what I think are asking me generally. Irrevocable trust their talking about are these Medicaid income only trusts now the ones are we try to protect assets from the nursing home. So if I was to compare that kind of and your vocal trust with a revote of trust them. The really biggest differences. Irrevocable trust a protector acids from the national. The Reebok abort trust never well so why would somebody user revolt global trust. Over and durable trucks there are times where people have either enough long term care insurance or plot may well or lots of wealth and end their self insured because they can pay their own way through the nursing home so how much money you have to have me if you like we define rich force I don't ask for 1000005 nines. The estate tax laws as high as they've they exemptions have gone as high as they are let's say you know 34 million dollars or less you're probably still going to be considering in your vocal trust if you're over 860. The state planning expert at Cushing and Dolan have written a brand new guide. That will answer the most common questions you have regarding revolt Kubel and durable global trusts. The phone number to receive the guide is 8668485699. It's ovary. 8668485699. You can also download the guide. At legal exchange showed dot com or call toll free 8668485699. We have part of the financial exchange in an instant by texting us and 63566. Starter tell extra keyword Barry and become a member of our brand new textbooks tell us what you think 24/7. Right here on the financial exchange radio network. This segment of the financial exchanges brought to you in part violator bank it's not too late to get a great rate on a home mortgage. We got back at some of the most competitive rates around call 8776917900. Or visit with the bank dot com for more information. Banks equal housing and member FDIC and MLS 449. 250. We did some trivial last segment. Trivia questions which would Mac song was a hit for the band Santana the answer was black magic woman. Which was actually first released as a Fleetwood Mac's single back in 1968. Peter Green. Whether right. Not Peter to present the right answer chuck from boxer is right answer. Hit. And guys won a fifty dollar gift card to die obvious obvious is five locations in the Boston area including their newest location in Braintree. Hosting a special event at the obvious visit www. Obvious dot com from a new information and reservations. Tucker's actor favorite and top top two of what's the other one pro pro damp. Token and it would agree it was like Fleetwood Mac and beyoncé. The complete opposite I would love it was like like I was raised to just south American Milli Vanilli. And swam back at this. Wham too. An event as an exclamation point in its name is glory is is automatically unlike anyone stop the realist I think than Amazon coming out and saying look we were interested in Saint Louis and in this euphemism five ever heard one because they lacked a quote blueprint for talent. Yeah I mean that's just that sounds like a pretty nasty way actually say we don't think you're very Smart and there's a very like. Not very disguised insults that's that's a good way to phrase it. Yeah they're I just make something up you know. Thank you know I mean if you're gonna be honest with the scenery you don't have a lot of magic you know investment in education institutions you don't have a big. You know population of young people that wanna work there and yeah that's what Amazon's looking for I mean that's whether. Considering a place like Boston who is gonna have weighed. Higher cost of living higher taxes than most other. Places that we've got you know a huge young population that's well educated and SARS in those years don't you don't have it. And we got any any further clues or any hints as to where Amazon may be going with this I mean I know we're getting down to crunch time I think it's in the next couple months that they're going to announce their decision at least. You know I haven't heard anything there are rumors you know during the suitable partner hinting. Numbered different places. I've seen Dockery got any sources on the side belt I do have minor breaking news in terms of technology yet we're just talking mode Netflix yeah Spotify in Hulu have joined forces for thirteen dollar subscription bundle so that would save users five bucks a month to get both. Current. I wonder if that's something signal forward that's interest. I feel like they've seen a lot of these these streaming hours sleep you go you subscribe eighteen teeny Netflix free for years the subscribe to this term. Lining subscriptions. That's interest I I like that. And a lot. Podium of the day we're just gonna be bundling again. That's what keeps up its. Richard try to get away call this like five years ago I said yeah you get on bond owners and everything's gonna come right back I called this happening we're gonna re bundle. That's for Canada doing re bundling all hours talk of a more more exactly what is a what is in Netflix subscription cost ten and nine yet. Tynan and I and so as a Spotify membership I think Spotify is like eight or 99 or so ago and I say five bucks a month influence Spotify it's pretty huge woody get on Hulu. The network stuff aside from bones you know this is us of the world. Modern family of the world's CSI New York Miami and whatever the other one I think Hulu who has some good stuff I mean I don't think they have the original content that obviously your. Original content that next Netflix has. But if you're gonna cut you know if you can cut the cord in the for a low cost options but again and it gives you streamers streaming music service to their team bucks us about that. That's the kind of thing that could shake up that industry. Yeah like that a lot I wonder if it puts pricing pressure on Netflix. On steroid couldn't. You know that's that's interest and prosecutors expanding their corruption investigation of NCAA basketball this started back in. Tech talk what was the September August something like somewhere in the ballpark. About 67 months ago and it appears that they are expanding this probe now. With some new schools being on named in in this that'll the latter two university Kansas North Carolina State University. Not having been named before. Yeah I can't this just kind of out of sight out of mind for me I don't know threw us for a body else but you know. In the tournament went on without a hitch there wasn't any mention of this during all that and now it's you know it's kind of ramping up again. I'll be really just see where this goes their right now saying that none of the university's. Are really you know being. Specifically targeted. Themselves are criminals for criminal activity but I think that's got to change I think that's gonna change in the Q I know. Note the NCAA makes another ten years and I think that the bit. There's so many problems with how that organization is run starting with the fact they don't. Allow their players not even you don't even have to pay the players but they don't allow them to receive any other outside compensation to get a case where you have like. But a guy who's running track that comes out with his own water bottle and isn't allowed to sell in fact has eligibility stripped because he was using his likeness to sell the water bottle. It's it's really you know like I just I don't know. Say NASA protection plan can be overwhelming and that's why you need to call Talbots Kia partner with the law firm of Cushman Dolan as Mike Armstrong taught as an expert in all along taxation he's been creating a state plans for folks like you for over thirty years. There are numerous types of trusts that are available but two of the most common are revote Kabul and irrevocable trusts. They're major differences between the two some before you put pen to paper. Get some sought advice from someone who knows and can advise you won the best path. For you and your family. Cushing and dole as a free guide out this month from differences between revoke bull and your vote will trust and 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. Call right now to get this free guided 8668485699. That's 8668485699. Or download it right now from their website legal exchange showed dot com. So it's Groundhog Day again here's Britain T-Mobile apparently re starting deal talks I think it's like the fourth time we've gone through this now third time in four years third time in four years that's what it is. It is just why would you go back to tables you've already failed at this twice I had third time's a charm like. Third time's a charm it makes a lot essentially if these two companies combined you would save a and of money on you know the corporate costs of running the companies you could eliminate a ton of executives. And all of the real estate that they you know all the retail storefronts or T-Mobile and sprint you can close a problem. And then you suddenly become the second largest wireless provider out there it makes sense from so many different perspective that they feel that it. Twice before there regular Terry regulatory concerns may be but maybe that's it maybe they're thinking that. You know this administration has less Avaya regulatory issue with this combined entity. So we'll continue to monitor and see if anything comes out of this. Good news for the state of Rhode Island continuing to see good growth in companies building facilities in their state engine is going to be building. 0160. Million dollar manufacturing plant in Rhode Island it's an ad about a 150 skilled manufacturing positions once it's completed. In two under construction jobs as being built. Yeah so I mean they did they did did bend over for this company and they they give a tax credit of 2.2 million bucks. But you know it's estimated to produce. Bus aren't 600000 dollars per year for ten years. But you know a lot of highly skilled jobs. And quite frankly you know we Rhode Island has not seen the same growth that a lot of the other noon six has seen. They've been nice job the last couple years and start to try to turn the corner of their so. I think when I look at the state of Rhode Island a pretty optimistic about the next decade to find either a business or find an individual living in the state. I think or down has some real upside. As we head through the next ten years according take a break when we come back we'll be joined by Karen weintraub. Talking about. Well what one doctor is you know it's a different treatments for stroke and heart attack that's coming up right after this break on the financial exchange radio network. Vote on our daily poll question had financial exchange showed dot com while you're there buyer of the media player and watch the show while you work. This is the financial exchange radio network. Hi this is very Armstrong and in my thirty plus years as a financial advisor I've spoken with many of you who have chosen to manager owned investment portfolios today I wanna talk to you do it yourself first because while your portfolios may be riding high there are other aspects to your plan that we can help you portfolio management is just one piece of the larger pie at eighty AG we can help you with the state planning and tax strategy succession planning is an important part of the overall process this but they have a new guy doubt that talks specifically about how to plan for the future if you're managing your own portfolio becomes the complete do yourself checklist you additional guidance as you reach her later years call right now to get this free guide at 803934001. That's 803934001. Or you can download it right now from our website Armstrong advisory dot com. Juries are for two securities America incorporated member and as a PC and advisory service is our securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. If you're landlord looking to find an easier way to collect rent payments than you need to hear about leader bank's online collection product called zero and it's a great service for landlords allowing them to collect tenant's rent payments electronically and he rent dot net without the need to collect checks mostly in the reduce local neighborhood banks to do their business and now a collection of local banks are offering this unique program including leader bank and stolen bank member FDIC. If you're a landlord and are interested in having your bank acquired does he ran technology to Obama called this he ran team at 781 at 6418691. That's 7816418691. Or visit Z Rand dot net stop chasing down late payments and running to the bank to make your deposits at your bank to add zero to its list of offerings. Visit C Rand dot net or call 7816418691. For more information that 78164186917816418691. Or zero rent dot net. State and asset protection planning can be overwhelming and that's why you need to call Todd lets see he's a partner with the law firm of Cushing handle hi this is very Armstrong Todd is an expert in elder law and taxation and he's been creating a state plans for folks like you for over thirty years there are numerous types of trusts that are available but the two most common are revoked global and irrevocable trusts there are major differences between the two before you put your pen to paper get some solid advice from someone who knows and can advise you on the best path for you and your family Cushing and Dolan has a free out this month on the differences between revoke Kabul and irrevocable trust and you can get it by calling 8668485699. This guy even shows you how it's possible to eliminate your state taxes while protecting your assets from creditors and long term care expenses call right now to get this for a guy at 8668485699. That's 8668485699. Or download it right now from their website legal exchange showed dot com. Time for bank the you accounts 1% cash back with debit purchases and an extra 10% back when user businesses to qualify for these and other awards using statements direct deposit 1000 dollars and make a debit transactions each month to learn call 8776917900. Or leader bank dot com to open and current annual percentage ten dollars mass residents only reduce earnings subject to change without member FDIC a step ahead whether you're celebrating a milestone or diversifying your portfolio precious metals are Smart meaningful investment one and 110 ounce silver and gold bullion coins are now available at all bank locations bank locally and your locally just make sense of called them learn call 8776917900. Or leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency guaranteed by the bank and may go down in value back a step ahead. Security suffered through securities America each member finreg SIPC an advisory services arbiters securities America advisors think Gary Armstrong representatives Armstrong advisory group in the securities America companies are unaffiliated it's hard to dial a phone or send an email with too dumb. But it's easy to text we've got an excellent up and running when you can tell us what you think right now but texting us and 63566. You skewered Barry and join our exclusive club this is the financial exchange radio network. Joining us on the line now is Karen weintraub she's a writer force that. And Karen thank you for joining us. Can't you talk a little bit about the the story that you put together here about this Doctor Who was been. Fighting a battle for twenty years to try to change the way that we treat heart attacks and strokes. Great leader local Boston area doctors he's been working prepared 1960. And he's not been. Treat patients are on site at the street career and he found in the early 1980s. A better way to treat. Clock both from our attack and stroke. What is the method that he discovered that he is trying to promote now. So rate how we treat with one drug well we use surgery or treatment one earned and he thinks that. And that's got its very record eighteenth it would be a better record at these two drugs that one in a smaller better and another one that's how the body works. Now Q and that about clock and we're not making body on Iraq well. What kind of challenges has he faced in trying to get this accepted. Some of them are scientific and some of our business he had a company that would involve the that it clinical trial. In the nineties in mid ninety's and then that company was sold to another one which shut down a program and he had trouble convincing other company to pick ups and I typically. Started complicated but he he proved that this is a moment. But he never happen money because of the business is it to go further and meanwhile this other drugs taken off and people were what focused on math and opt out more. Is there anyone else on his side is kind of advocating that this treatment has merit in that it needs more exploration. Very few people actually had heard about. Approach a black like I can reach. He's got a company Allen has funding for one small clinical trial. Trying to raise money first second it really working on that if he can. It has resulted in certainly the first trial idea in the second half as well that then you'll be able to find more money. He probably pursue this idea 88 out but hopefully you'll be in great cities chart and I am. And hopefully he'll be around long enough work. Argued Karen thank you very much for the time today. Karen weintraub she's a writer force that talking about. A potentially. New old tree and I guess developing for heart attack victims and stroke victims. At the bit about the the fruits and vegetables that end up being treated with the most pesticides. And OK we've got two as you get the dirty dozen the worst. The worst products as far as pesticide use none of us got the clean fifteen which sounds. Phenomenal but quickly fifteen the number one at least pesticide applied product. Produce. Of condoms net there ago Tucker not. Doing something right on the mean it. It's your leg working the outside of the avocado I think you guys don't do that talks. That cost you pretty good avocado you guys don't need a whole topic discussed the best part I'd quite like an apple got it personally and that's yeah he's quite right into itself. I enforced they read the story. After I addressed the huge platter of strawberries grapes and apples that was sitting in our kitchen at the small minority and this is a little bit further down list. But yet that the worst spinach and spins number to a does surprise me Strawberry's number one most amount of pesticides found on the food item I understand we'll either purchase shoppers' eyes spinach. Nectarine apples and grapes make me at the top five in terms of man pesticides on the if critics of the study are pointing out too that. You know according the FDA. 9% of all the food we consume is well below all the safety office. I think there really is a direct correlation here between taste and how much pesticide you have to use I think that incidentally had there been tasting things. Now what some of the things that are clean that you don't need to use a lot of pesticide on broccoli cauliflower. Have edges. No one likes those things. Like if your kid and so what's it yet go what you're cabbage broccoli. You really know where I am not doing that I think bulge probably than the same ways our kids to. Okay they've got good for you but. Again understand. On the other hand nothing better than like. The you know during the summertime when there are the locals smaller hand picked strawberries. They are so much better in the ones on housing market so yes size your head sometimes perplexed ordered you know strawberry is I've found when that looked looters it was like an apple the other day I'm like that's just not yeah it's not natural generally speaking not a huge supporter of the organic food market I don't really dial a lot of organic but when NASA comes out there's nothing in the world I try my best and unless it's like stupid expensive to buy organic fruit and vegetables just because of the pesticides because they should be. Ten traces or are traces of ten different pesticides a my strawberries. Yeah that's fair or just what the article says that's choices but a lot of it and wrote on the other hand Jordan the the agents are saying there's actually zero risk to. Having now. I don't know presumably they're doing studies. How does anyone know anything Tucker. Now it's a valid point. Teams would rather eat out then buy more clothes apparently this is according to a study from Piper Jaffray. Who says that look we'd rather be going out need some good food is opposed by more clothing. Yeah and in the trans too is also moving away from full service restaurants and much more towards. You know limited service chains which I thought that we are kind of moving away from over the last few days it's yeah like most people were favoring. You know moving away from McDonald's and the burger kings and more in favor of and sit down and up and air I would still consider to be on that same lists and you know you don't have a weaker. And that's what this study saying is that more teams are preferring those types of places. Still like the McDonald's but yet and there chipped away moved in there as well. And fever away from say he is what we know Applebee's. For instance sit down western Austria Tia Geoff process. Exactly. Pretty inching trends I wonder and the biggest one IS I thought. Of the last seventeen surveys. Start of the top of the list on sixteen. For teenagers yet to know Charlotte north they're not paying for. The parents like. Baghdad. You know diesel favour go in observers Starbucks and like 2:33 o'clock yes exist only senior sixteen year old high school students are just got to school. And they're getting like he most expensive drinks there Tony their parents are paying for they are that's why they love them like those gradient to go to star Julia but it and give them something to do but they're just spending insane amount money that stupid for a channel and drinking your entire inheritance chuck maybe you do in. Used as you enter profited when Easter tree and in entering offing to call the thirteenth. You guys start pretty young assert and copy tuck was an error yeah. He should be 67. It's just I was going to be a professional basketball player and to mr. during cup yet at thirteen it'll just club actually stunt your growth into an additional wives and I think that's all that caffeine it's dangerous but I'd doubt that. Let's do a quick check. On markets right now just to see where we are heading into mid day the Dow was off about 82 points. At the moment. Dollar also weakening it gains the Euro and the pound radio US and less than one points and the S&P really isn't moving around a whole lot at the moment. But the Dow is about a third of a percent in negative territory right now so all the lows that we saw earlier this morning where I think the market was kind of gripped by a a case of you know fear based on. Potential military action being taken in Syria but it looks like markets are moving a little bit off those lows though oil still stays elevated. With the wrist in the Middle East. That is all the time that we have for the day we'll be right back at it tomorrow. On the financial exchange radio network.
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