Jan 11, 2018|
Transcript - Not for consumer use. Robot overlords only. Will not be accurate.
This is the financial exchange with the very Armstrong and chunks of you're exclusive look at business and financial news affecting your day you're sick leave your world. Stay informed and up today about economic and market trends plus give breaking business news and every day. And now the financial exchange with the Barry Armstrong and chuck Exxon. It's always nice to be of the start off the show with a story that has a positive. Twist to it. And today we're gonna have a conversation regarding Amazon and they are desire. To rent one million square feet of office space in Boston hi everybody it's scary and chuck with you here. It's a first date and you know truck when I read this story it's been reported and number publications. When I read this story it reminded me. Very much of the GE story and how we learned that GE was relocating their headquarters from Connecticut to Boston yet. Amazon reportedly. On the hunt for up to one million square feet of office space not in Boston and this is supposedly happening separate of the up potential second headquarters search that is also going on. But you look at this in a million square feet is not a small. Will parcel of land a million square feet is not something that you do when you're moving a hundred employees and it's something that you do when you were moving thousands of employees. And so you know I look at this and it it certainly says even if Boston does not yet. This second headquarters officially know it still is going to have a massive presence from Amazon here. Well great now they have about a thousand techies in the city in Cambridge. It now ballpark yet they've they've got I think somewhere in the ball park around three to 400000 square feet and space and adding a little bit more. As well. When you look at the package that you know Boston and Massachusetts gave GE wasn't very rich. And the position. That the mayor and the governor of Massachusetts are in is a situation I believe where. Amazon needs us more than we need Amazon Boston's already thriving in New England economy's pretty strong if you exclude Connecticut. So be the region. Is is in pretty darn good shape so we don't have to do. You know give them an extensive amount of tax incentives and sure they'll be some. But I think the reason Amazon. It would be taking this much space is they recognize that this is where the talent as much like GE did you look at the lines of business that geez it right. Health care. Aviation. Energy. Overall. Engineering high end jobs where you're trying to recruit kids out of northeastern BU Harvard MIT New England based schools and you know they'll come to Boston. Is the same situation here get a hold true for Amazon. I I don't know because GE and Amazon are very different companies as far as what they actually build the LGT you don't necessarily. GE you look at them they need. 1 central location where they can say OK everything is being run at appear Amazon on the other hand saying look we're gonna have to separate locations but we can also have pubs all over the country and all over the world. Because what we build. Is is not necessarily a firm physical product we have you know if anything we want to be diversified geographically because our whole job. Is to ship a whole bunch or crap everywhere that we can. You know so I'd I don't know if it necessarily isn't quite the same but out just the processing kind of the drip drip drip that we're hearing on this. It is very similar to the GE process when I saw the store this morning I said as what we've been down this road. For well and you just think logically. Rate if if you were going to pick Boston as your city. You would want to secure your space first before you announced that right because. If you say well we're coming to Boston and everyone buys a bald is basins as noted coming to Boston great why don't we gotta charge you about 50% more than we were going to before. It would I didn't know is that they had 200 Amazon books at 238. Headquarter proposals. Where there there on their headquarters. Yet there's one city and I think it was either George there Tennessee that was gonna change named Amazon if they got them. I thought that was attractive. Now I might I guess my point is. I I don't know where this is gonna go in and certainly I think the consensus is that most of us living in New England with like to see them come to Boston and I'm sure if you look at Hartford you'd rather see go to Hartford. But I think. Logically. I've always maintained that this second headquarters if it turns out to be their high tech intellectual headquarters. I I always maintain the Boston is the logical choice simply because of the educational infrastructure that exists in New England it's not just Boston. I think we have to remember you know you've got terrific universities in mean. New Hampshire Vermont. Rhode Island Connecticut and Massachusetts and I think chuck you know better than. But I think kids from those schools you know 22 year old who's graduating from UB amber at 242 year old who's graduating from Dartmouth. They'd be pre disposed towards moving to Boston. In the might look at that more positively and my kids would have as opposed to say moving to San Francisco were moving to Atlanta are moving to. Seattle. Yeah I mean it at the end of the day people are gonna go where the good jobs are and you know that's why San Francisco's had such a boo is because there have been so many people moving there. For those high paying jobs I've kind of moved to I think Atlanta is the front runner. At this point that's that's where I've moved to a new. Part of it is just because I can't get this idea out of my head of Amazon buying UPS I just I I I I can't get rid of that idea and UPS is based out of Atlanta. And so. Probably for that reason I'm just kind of stuck on it right now but I saw the store today said well that's interesting. I'm a homer some a minute on YouTube you you can bet on Atlanta and all that on Boston's then we were with that. Last night that the Vermont senate passed a bill legalizing. Can't have this and this is a poke in the united Jeff Sessions if I ever saw one. It is also the first state that has approved the legalization of candidates through a legislative. Move as opposed to. Going through a statewide referendum. Eight in in this bill effectively it is relatively narrow in its scope it doesn't allow for. The reduction in sale. Of the drugs or doesn't do anything in terms of you know authorizing. Dispensaries or anything like that but what it does do. Is it does say hey you can possesses much marijuana as you what he'd consume it as long as you're over age 21 and no one cares at all there's there's not even a civil fine or anything for and you can grow. Yes you can grow it for yourself as well but still nothing as far as you know how do you produce and sell it in Vermont. But vermonters are pretty friendly I don't think they'll have any trouble you know Hanover to a friend's house of their interest. New Hampshire house. Passed a similar legalization bill on Tuesday a day or did you this is the the the floodgates a thinker about to open. But the you know if you look at the polling and and I don't know how you folks feel about it I don't use canned this Saturday and drink so. Being a T Tobler. I worry about the social ramifications in what we're doing to our younger generation really worry about with the impact is on sixteen year old or 150 yeah. Campus. If you look at all the studies and it shows that if you use that those ages and has really ugly effects. But here's the here's the problem that I think we have to address this in I don't know it it's probably just a fact. Approximately 64%. Of Americans currently support and obviously the station truck yet but it's it's. You know again two and three of those numbers have been strengthening. Over the last couple decades of when you go back to the ninety's it was you know 40% for 60% against if that in some cases. And now you've kind of seen everything flippant and largely it's flipped a long aids related lines it's it's largely people in their sixties and below who are in favor. And people we have got a mid sixties not really the dividing line is do the people who were there in the late sixties in college yet that that's kinda where the dividing line is if you went to college in like 1968 or later. Yeah you pretty much OK with that. By you know it is weak we grew up with that it was very common in me when I was in high school truck yet those windy this. That it did in in a seventies and it it was in the walker relate to eat you could literally walk your high school as he can today. In any college dormitory and if you wanted to buy candidates from what I understand you can walk through any college dormitory they'll be somebody more than happy to sell you. A variety of selections. Your favor brand. And and and that would bar I think would I think a lot of the support behind it and this is kind of the perspective might take on it. Is you know if you look at this federal tax revenue could be generated by legalizing candidates nationally it's a 132. Billion. Huge. Dollars 132 billion dollar and that's instead of spending hundreds of billions of dollars on trying to keep it out. You know so. You'll get that swing and incarceration rate look at the incarceration could think about where we can spend that money instead that we're spending on prisons that we're spending on neo police monitor the take that money and say look. You what did you with open you're crisis you you got a real problem there like you wanna go after people who were actually kill people go after the heroin dealers and things like that that's that's who you need to be going for. Well right now he in if you just looked at how many people. Worked in the illegal candidates industry it's called the 800000 million people. If they legalized it nationally it would employee one point one million people that would include people. From farmers. To people who transport candidates to people that work in the pot shops one point one thing that's one point one million people talk. That are under the radar right in him and maybe there maybe they're collecting welfare maybe their music food stamps who knows how how their existing. But it's one point one million jobs imagine the impact of GDP imagine the impact it would have on Medicaid. On welfare programs and food stamps and meet all those programs would decrease the costs associated. Not to mention incarceration costs in the in the costs within our criminal justice no doubt about it. Our poll question today talk Purcell. Is been posted and I know we only posted it maybe 2030 minutes ago you wanna. Teller but at the poll question and how they can participate gesture poll question today is do you think by the year two when he 45. Candidates will be legal across the country and so part 80% of our listeners are saying yes. I think it will be you know the the the trump administration. Is opposed to it Jeff Sessions clearly is in opposition to legalizing campus that. I think what this it I think Jeff's. Position on it is actually going to freeze the daily volume of the conversation regarding it. And I think more and more politicians are gonna realize that T this is a loser in the voting Booth. If I if I'm if I'm opposed to legalizing campus it could cost new it job. Yep it's it it it's getting to that point and in simply because you know even within the Republican Party. You've got a strong libertarian strain that's emerged in the last ten years now and and they don't wanna being cracked on on. Right right night right I searchers to see how this shakes out I you know when you look at the financial ramifications. Of legalizing it. You know in and also regulating. You know making sure that bad wheat is getting on the street to and that the strength this properly you know like if there's a lot that goes into kind of like alcohol ranked. You know young a year you'd you don't read about people getting alcohol poisoning very often because liquor industry and a hero. Well yes that but that's a perfect exit reckless. Exactly it's you know lake boot right you you don't have bad news in the US because it's you know heavily regulated to make sure that people are getting what they think they're getting. Anyway I'd I'd ask that you participate in our poll and I wanna point out we're not asking your opinion as to whether it should be. Legalized by the year 20/20 five were asking your opinion as to whether you think it will be. And I'm in the camp I think federally. And of this will be legal by the year 225 now my thoughts on campus in my thoughts on alcohol they may differ from Hearst. But I'd like to know just logistically do you think this will pass I think it would. I think there's enough impetus and in the in the conversation. Is now coming to the forefront. I I think this is something that's going to pass anyway our whole can be participated in by going to financial exchange show dot com. Coming up we're going to be talking about the best and worst airlines in the United States that's our next topic. From the financial exchange radio network. Markets are. But questions remain about whether or correction is coming we've got you covered every day with what's not and what's not from Mike Armstrong. Mornings at 1030 only on the financial exchange radio network. As we age long term care is something to make sure you -- for how quickly -- your assets be depleted if you had to write checks to the tune of 141000. Dollars every month according to -- the average cost of a private room at a nursing home in New England is 126000. Dollars per year and an average cost is expected to increase to 169000. By the year 20/20 six if you or a loved one are faced with an unexpected nursing home study and you haven't done your planning yet before you write that check picked up the phone and call the experts at Cushing and -- at 8668485699. Cushing and Dolan has been helping families just like yours protect their assets for more than thirty years and they put together in new guide for this month called claiming for procrastinators. -- are for you strategies that can help educate you on the steps you need to take to protect your assets and your family do not put off this call any longer get your free guide today by calling 8668485699. That's 8668485699. Or download the -- right now from our website legal exchange showed dot com. The calendar has turned and a new year is here it's time for us to reflect back on the year that was and the year that's to come hi this is very Armstrong and I'd like to ask you to reflect on your financial well being and your investment strategy as we head into 2018 the markets while still volatile were incredibly resilient rising to heights we've never seen before in spite of challenges that still exist both globally and here at home 2018 -- a great deal of promise and Everett a brand new guide that will help you look back on the successes we've experienced and the failure that we need to correct in order for all of our portfolios to remain strong and to grow it's called the 2017 year in review and 2018 forecast and you can get your free copy by calling 803934001. Or download it right now at Armstrong advisory dot com. Our our strong here and I'm joined by estate planning attorney Todd what's key from law firm of Cushing and dole were talking about. Last minute planning techniques can help save your assets and you know in the past Todd we've talked about married couples. What does somebody do that single or widowed or divorced. And they have assets and they may have children amen I have nieces and nephews and hip favorite charities that it would they wanna leave their management. But they get sick and there are nursing home in the bills accompany him. And you know this is why we stress so much to folks to families that that when they're in this situation. Don't just write the check. And think there's nothing can be done I know you think in the five year rule and all that stuff you don't have to do. Seek out you know an elder law attorney and and find out what can be done in this case. I would probably say. House non accountable. If I checked boxes you intend to return home a little lean on it but it's not accountable so that's good but it's the money that Lori. So they've got money that what you need to do is you either can do and other annuity. An annuity is a technique that logic to buying annuity and have money pay out as an income stream. Two with the institution and the schedule yet you lose the income stream while you're in the nurse yes that income does go to the nursing home. But they're on Medicaid instead of on private pay what you can look at these pooled trust it might be really old and if you're like in your late 80s90s annuities aren't gonna work right so that you need to go to this pooled trust idea. Put money in the air. And still get on Medicaid as well but they'll have a payback provision but at least two beyond that even single people can protect their assets last minute how do you do so well he call Cushing in goal and an 8668485699. And you request their guide last minute planning techniques that can help seed your assets if you want to guide right now simply go to legal exchange showed dot com and it's legal exchange showed dot com or call them all free at 8668485699. Security suffered two securities America and members finreg SIPC an advisory services arbiters securities America advisors think Gary Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. The financial exchange would Berrian chuck is alive on FaceBook and YouTube every morning beginning at ten. This is the financial exchange radio network. This segment of the financial exchanges brought you in part by the US Virgin Islands economic development authority. Hurricanes hermit and Maria were devastating but the islands are already. Well on their way to recovery if you're looking to start relocate or expand your business the US Virgin Islands is one of the most competitive. Business locations in the Caribbean. Take advantage of incredible tax incentives that are fully sanctioned by the US government for more information visit US the high. EDA. Dot org. Chuck you know when you travel a lot if you're one of those guys that you know is on the road 4050% of the time. You really pay attention when your booking your tickets. Two on time performance rate in their tracked pretty carefully and it's easy to figure out okay. If I fly American under certain route purses delta and a certain route what's the chance at it and get their own time. Yen and what we saw is that across the board the on time arrivals rate for US airlines bumped up to 79 point 6% for 2017 from seventy point three. Deltic coming in would be best performance for on time arrivals. United in the number two slot Alaskan number three. And then the bottom of the list jetBlue coming in number eight spirit number seven in southwest number six as far as on time arrivals. I'll tell you what if you are. JetBlue. And you're behind spirit you've got to say to yourself can be you know I got you to spirit with cuts are a little. I think the problems JFK. Because they're they're renovating it and everything going through there's been a mess and also Logan remember last year is another up for jetBlue and everything was delayed there as well. So like there's that they're too major northeast callebs. Largest work were train wrecks and when he seventeen what Kirk from wrong but that list goes back to Tony fifteen and I'm pretty sure the jetBlue fell each year right. Yet it they've fallen each of the last three years they were I think number should worse the re if you go back to 2015. And they've fallen in last year they just got whacked and I think a lot of it just has to do with construction at Logan. And and at JFK just where there like most of their flights on the East Coast originate one of those two cities. You know like I traveled to the same cities. You're ending your route and I used to use jet -- they were my goat to airline. And the reason I like the truck was because they had the television screen on the back of the seat that was okay are you touch him. And you know I eat I eat I enjoyed that. But boy I'll tell idea the air performance. Was so bad I'd say it was three or four years ago and you know a lot of it was weather related but. 50% of my flights were delayed. I've never had a problem with them at any of them and and I flight there they're the only airline that I fly and so I was I was surprised to see this is IE. I've never had a problem with the I've you know they've they have things about him tarmac delays in the a bumping and I've never had any of those decisions so I I looked at him like it's weird Mickey kinda makes you think put. I I've never had any issues with them and they have so many flights out of Boston that I tend to. Firm. Way travelers are fickle. You know and I had a bad experience with them per season and I gave up on them and I switched to American. But I like about American Airlines is they'll have the same thing where you have. Mr. Schweitzer cancellations. But it's a lot less frequent. And and I look at that I look at the on time performance. Of the certain Ralph that are running in Americans it is pretty darn good and then. Where if he'd do delay you would like chuck is. You know when you lenient in your flight's been delayed and you mr. connection. They've already rebook you on your next flight. All the airlines do that. Today young jetBlue to assess again the veiled log cabin on delta flights that had that happen they they all do that. I had a bad experience and built a few years ago but I I still find disk is it random things happen. They are and a lot of times it's it's not necessarily the airline's fault they're just the when the Kenny gets stuck with that just because something's happening at the reporter somewhere else. And so. I I always still look at what is being somewhat miraculously that look you can pay a few hundred bucks and travel 3000 miles in six hours and 80% of the time it's gonna work. Just as it's posted and the other 20% you still get their just a little late. It is pretty remarkable when you think about you can buy a ticket now to go to Beijing right which is literally halfway across the world. And I think it's like three or 400 dollars. Here's the other thing is on commercial flights there have been zero deaths in the US since I think 2000. To eight or nine. Being on an airplane is literally the safest place you can be. If I work and think about that about how backwards that is it is it is safer than being in a car than walking down the street it is the safest place you can be. Hey that's a and that's a pretty compelling argument for safe travel. They when we come back we're to talk about market optimism the stock market is more optimistic. That we ever seen since 1986. When you think about that the ninety that since 1986 we've never been more optimistic about stocks what does that mean to your money. Like this on FaceBook and follow us on Twitter. Show breaking business news is always burst right here on the financial exchange radio network. 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Hi this is Barry Armstrong and I've been a financial advisor for over thirty years and I'm looking to grow my business through acquisition if you're financial advisor who may be considering retirement or simply developing a succession plan for your clients we should talk we all work hard and if you reach the point where you're looking to the future call me at the Armstrong advisory group were regional firm with offices throughout New England that employs a solid stable of young advisors who understand the service and attention that your clients need and deserve we will consider transactional oriented firms as well as registered investment advisors if you're adjusted please give me call 803934001. That's 803934. Zeros or one or you can connect with me online at Armstrong advisory dot com. 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Or visit leader bank dot com member FDIC's equal housing lender and MLS number 449250. Subject to credit approval leader bank a step ahead. As we -- long term care is something to make sure you -- for how quickly -- your assets being depleted if you had to write checks to the tune of 141000. Dollars every month according to -- the average cost of a private room at a nursing home in New England is 126000. Dollars per year and -- average cost is expected to increase to 169000. By the year 20/20 six if you or a loved -- are faced with an unexpected nursing home -- and you haven't -- your -- yet before you write that check picked up the phone and call the experts at -- and -- at 8668485699. -- and -- has been helping families just like -- protect their assets for more than thirty years and they put together in new guide for this month told claiming for procrastinators. -- are for you strategies that can help educate you on the steps you need to take to protect your assets and your family do not put off this call any longer get your free guide today by calling 8668485699. That's 8668485699. Or download the -- right now from our website legal exchange -- dot com. 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Or email BBO at leader bank dot com for more information member FDIC equal housing lender. Time now for mostly watch a look at the market's performance so far today thanks to Darian jug right here on the financial exchange radio network. I know it's early but I just took a peek at our poll results and we're asking the question. Do you think candidates will be legal across the United States by the year 20/20 five and want to reiterate we're not asking you who you think he should be. He eat your opinion as to whether it should be year. Should not be irrelevant how one and a with you think it will happen. And I would remind you that 64% of Americans polled are in favor of legalizing Canada's national anyway. 82%. Of our listeners Tucker are saying that. You know if this that's going to be legal across the country in 20/20 five. Seemed like a realistic timeline when it's five grueling. Now I I think by then you've got enough election cycles that are gonna go through and clearly at least based on the poll now Everett. People are in favor of it anyway if you like to participate and report you may feel differently maybe you don't think it's going to be legal. Go to financial exchange showed dock company to exchange should come in order to participate in our poll. Market optimism stock market optimism. Has reached potential danger sign not seen since 1986. Now many entry were born and it does take away. Around man. And you know it. So that's definitely an opinion it's thanks chuck what's around it it's kind of a fact I've been burst at that point it was out in this. Crazy world that we live in. All right but you're still in diapers opening yourself so over it wasn't even close yeah I mean it was like it of it wasn't it wasn't good and I'll tell you what it in 1987. I was open myself because. With the stock market. And in in the reserve bring this up as I mean everybody is bullish on stocks right now. I mean eight U yeah neat article after article. Where all its different this time in the market's gonna go to 40030000. In the NASDAQ added do this and you know and and frankly. You know things are pretty good you look at the economy look at unemployment rates you look at interest rates the Fed up mean. Deregulation and things are pretty good. The issue with the old saying that Warren Buffett used to use win. When everybody else. Is. And greedy I get nervous and when everybody else is nervous I agree that's that's Canada the camp at all. And if you noticed Warren Buffett is sitting on an awful lot of cash right now. You know war Warren isn't buying an awful lot here. And you know I I tend to look at him BO pretty strongly in these kinds of markets just because. It is easy to say okay let's just hopping in in in go crazy right now. But at the end of the day market's the the underlying asset doesn't ever change what changes how people feel about and that's what you have to remember about markets is. Markets can see a 40% dipper 50% bump. When not much is actually changed in the companies that you won't like you look at you know what happened back Ian. 2008. And I still remember in this in the spring of 2009 and an early BO 2010 even. You can go out and if you look at the bond market that's where you really see fears tape of people think this company's going to be here down the road for and I remember back in the spring of 2010. You could still find Marriott bonds that were yielding a ten to 11%. Because for some reason people thought that Mary was gonna go out of business people to stop traveling. And and you sit there and you say. Not much actually changed with that business but people's viewing on it did in that's why I look at these investor sentiment numbers. And I find them interesting because again right now you have the highest positive sentiment in the market. In thirty years. And you see that you say ha that means there's not too much more were like there aren't too many more people who can get on the band like. Well it you say that but you know would have only about half of Americans are invested in the market only about half Americans have more than 400 dollar saved them. It's. Anyway I I I bring this up in and I'm not trying to be deadly government trying to donate Sara Hossain a I've got some concerns. I did voiced some concerns if you were called regarding that point and I thought. That would would eventually happen. Is government intervention. Would cause problems for bitcoin and in fact chuck we're learning that China. Is you know closing mining operations which I don't understand what that means. Oh does a bitcoin mines. Went what is it when. It's computer. Okay it's it's not as glamorous as it sounds you don't get you know pick ax or anything fun like that. You know but what does it do they make explain to us it pretty much does massed in order to figure out who is giving money to who says the wait you actually mind bitcoin. Is you solve a eight. Prop it effectively an algorithm that says OK I am giving money X number of bit points to X person. And and that's how you actually mine is as you effectively complete those transactions. Well anyway China's. Banning it South Korea is is stepping in and and banning it. With what is that going doing today do you have a number up that point right now by take a look at my favorite exchange which is the G Dax. Bitcoin at the moment on that exchange is at thirteen 1989. And so is down about 1% in the last 24 hours but it was a bit there's a big spike in the middle. The only and you and I both said kind of back in December. The biggest threat here is that you wake up and can only sell these four. 5000 the biggest threads that you wake up and you can't sell them at all. Violent end and that's that's the government comes. You know the the Chinese Government could come in and to say well if you have one of these so would you call queen what going to watch accounts are going to it's going base accounts. It's illegal in and were confiscating your money yeah that's that's that's good contest that governments in China Russia. India are prone to do it aid they're saying we're not getting a piece of this and all the sudden it's legal and we we're gonna take your money. And we wanna you have to prove to us that that money that you're investing for the currency did not come from illegal sources. In the day you were paying taxes and then it gets Massey did then then they get through this it's her right. Ed I I don't know how it ends. You know it while it never ends well I did see something on CNBC this morning. That the amount of money that's being. Borrow on home equity lines credit cards and debit cards to buy bitcoin truck I'll get the story for a more of it. My lord it's it's scary how much money's being borrowed to buy this. That's the stuff that terrifies me is when someone pulls you know fifty grand out of their house says GM gonna buy three big points and then they you know sell for forty insulate nauert what finds extra 101000. You know like it's. It is the kind of stuff that. And again it it happens in these mania is wherever when says can never go down a can never go down but let me tell if you bought recorded 191000. You sit there's and G a party lost 25%. If not you know have already lost 30% so it's. As I said back in December. Be careful. Be careful. Quickness nice quick message on behalf of Cushing and Dolan. As we age long term care is something that you have to make sure you plan for. How quickly would you assets being depleted if you had to rate checks to the tune of 141000 dollars every month. According to Genworth the average cost of a private room at a nursing home in New England is a 126000. Dollars a year. And that cost is expected to increase to 169000. By the year 20/20 six not even ten years away if you or a loved one. Are faced with the unexpected nursing home stay and you haven't done your planning yet. Before you write that check. Pick up the phone call the experts at Cushing and Dolan at 866. Eight quarry. 5699. Kristin dawn has been helping families just like yours protect their assets more than thirty years and they put together a brand new guide called planning for procrastinators. Offer you strategies. That can help educate you on the steps that you need to take to protect your assets and your family do not put off this call any longer. Get your free guide today by calling 8668. Worry. 5699. That's 8668. Foray. 5699. Or download the got a right now at legal exchange show dot com. Ruble mark is a self driving nearly. Poll autonomous grocery store on wheels what I like about the struck I was actually thinking about you whatever this story. Is you know most the times when you have to run into the drawer for store like patsy having dinner and years here wanna make this now it. EEB fresh stuff you know only they boast that other stuff they need that you know you can store whether it's check these here. You know frozen meat there you know what are your tips he can't freeze your tomatoes. And robe Wal-Mart is coming up with basically. Self driving growth restore it's only appropriate section. And it will pull up and Bernie your driveway. You walked out and you say yeah I need three potatoes I need six tomatoes three stocks a cell or we get some good purple onion their alma takes a poignant. You know after the store comes to you. This is the solution that I've been waiting for I don't like this I love it. This this is what it is I can tell you over the weekend I was sitting around and I was making little guacamole as I'm prone to do and I realized. I was out of lemons. In case you can't make good or watchable without a little lemon so what I have to do add up in the card to go down the store for one stupid lemon. And let me tell you this right here. This is the answer to all of my problems I've been skeptical and grocery delivery but on this where they bring the store Q and what you pick. All in signs actually. Especially when it's Croat news rate they'll get there really good things it that you could live with the greatest if they said hey I gotta robo mark cart that's gonna have. In a little bit chicken little but a seafood. Some fresh beef. Maybe some land and and then lots of vegetables on it right poll out you could live your grocery shopping to what maybe once every two months. Yet this this is this is where I think you need to go from approach perspective. Be it does add some color to roads which is something that you got to deal with known only takes away clutter. Because all the sudden learn their drive and all the way to the perfect story of one step down that street just got one car drive around that five people and his there's no person in it right it's just it's a robot drive in this thing parks in your driveways and attacks and AM here at your command elevenths. I love that size sign me up. Yesterday and in peninsula the stores can actually pay for these things that is a ton of sponsorship opportunities. You know on the outside of these robo carts or whatever there oh yeah well and orient and talk or think about this on the outside of the produce. William and his little logo right on the outside your lemon there you go and forget but forgetting all I mean how much does it cost you start your car. Drive to beat her fist or five bucks and Saturn and writes I'd certainly pay a premium. To have that stuff delivered and I think a lot of people yet think if if you're looking let's say that was gonna buy ten dollars worth of produce. A pay twelve dollars for to be right there. Absolutely he would pay fifteen he would UK and and you know what's nice track is it's fresh right it's it's gonna it's gonna be stocked. 345 times a day. Right is that if everything gets gets delivered is going to be fresh off the truck yup witnesses this is the future I believe. Stock stock is up next good friend of mine Michael brush from marketwatch.com. And brush up on stocks that's in his newsletter. Is gonna join us with a few stocks elections one of which is the company recently bought. And it may surprise you that is next from the financial exchange radio network. 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. The calendar has turned and a new year is here it's time for us to reflect back on the year that was and the year that's to come hi this is very Armstrong and I'd like to ask you to reflect on your financial well being and your investment strategy as we head into 2018 the markets while still volatile were incredibly resilient rising to heights we've never seen before in spite of challenges that still exist both globally and here at home 2018 -- a great deal of promise and Everett a brand new guide that will help you look back on the successes we've experienced and the failures that we need to correct in order for all of our portfolios to remain strong and to grow it's called the 2017 year in review and 2018 forecast and you can get your free copy by calling 803934001. Or download it right now at Armstrong advisory. Dot com security suffered two securities America incorporated member finreg SIPC and advisory services over the securities America advisors incorporated Barry Armstrong were presented at Armstrong advisory group the securities America companies are on affiliated representatives of securities America do not offer legal or tax advice always seek the advice of a professional familiar with the laws in your state. As we age long term care is something to make sure you claimed for how quickly -- your assets being depleted if you had to write checks to the tune of 141000. Dollars every month according to -- the average cost of a private room at a nursing home in New England is 126000. Dollars per year and -- average cost is expected to increase to 169000. By the year 20/20 six if you or a loved one are faced with an unexpected nursing home study and you haven't done your planning yet before you write that check picked up the phone and call the experts at Cushing and -- at 8668485699. Cushing and Dolan has been helping families just like yours protect their assets for more than thirty years and they put together in new -- for this month called claiming for procrastinators. -- are for you strategies that can help educate you on the steps you need to take to protect your assets and your family do not put off this call any longer get your free guide today by calling 8668485699. That's 8668485699. Or download the guide right now from our website legal exchange showed John -- Hi this is chuck and Mike here from the financial exchange and as we head into 28 teen Micah wanna talk about one of the key themes 2017 is that we're in that was the disruption by technology companies. What a major industries. Yeah it's true you know we talk about the Amazon effect it's not the only one it's certainly it was a huge elephant so if you take a look at. You know at their activity in 2017 alone you saw these large purchase of whole foods markets which was you know a very very big disruption to that overall grocery industry. Obviously Amazon and a lot of tech companies they've disrupted retail to this point but now we start hearing about other sectors that are potentially in the firing line so to speak next year health -- travel all kinds of areas the potential higher risk yeah I mean you really do need to keep an eye on the Amazon effect we talked about retail obviously a Toys 'R' Us is in bankruptcy proceedings Sears JC Penney Macy's all really struggling to keep up and now you -- right gathers rumors that there were flying around ams on my pinched in getting into the pharmaceutical delivery business which who knows how to make an impact that's sort of industries so you gotta keep an eye on it you always got to be wondering about what is the Amazon affect what is the Google effect and how are they going to change the investment landscape for 2018 and beyond folks 2017. Obviously was a great year in the markets but you do need to be prepared for what's coming next and so Armstrong advisory group is put together this great guy totaled 2018 the year head it is free to get an all you have to do. Is call 800. 393. 4001. Or go to Armstrong advisory group dot com to download again 80393. 4001. Or Armstrong advisory group dot com. Security suffer through securities America incorporated member finreg SIPC and advisory services overthrew securities America advisors incorporated Barry Armstrong represented if Armstrong advisory group in the securities America companies are unaffiliated representatives of securities America do not offer legal or tax advice always seek the advice of a professional familiar with the laws in your state. They say video pads ten pounds. But don't tell Barry in charge. The financial exchanges alive every day on FaceBook and YouTube this is the financial exchange radio network. We don't have many of you have jobs that keep you busy all day long so we've made it easier for you to catch up with financial exchange when it's most convenient Korea. Just download the I heart radio app on your phone or tablet. Search for the financial exchange of access to all of our content including individual segments and polls show it's. One of the hardest things to do is determine the source for your stocks elections how do you pick stocks and what are you rely on. Worse stock advice one of the fellows that I rely on as a guy named Michael brush and he writes. And newsletters that stock newsletter called brush up on stocks he also is a contributor to marketwatch.com. He's good enough to join us on the show today. Michael welcome to the program. Yes yes. Michael wanted to talk to via boat. You know like if you apple missing Merrill Lynch just use this example urging. Indy V they have analysts and they'll tell you what you should be buying shares. Bank of America. But then you say to yourself 08. Minutes to ground here as the year you know underwriting and IPO for. Exactly. So I I don't mean to pick on arrow. You know but just this category. So outside at and be that it is specially when it way under all of this it's changes that are. I don't think you're really had you know the end disputes on court building and investment bankers. Which are real engine and part you know down all and you know you gutsy god I think that so. And Ohio that knows it's it's. It's cute or produce its. One newsletter I like in out I'd like your newsletter by the way like it's it's terrific I've done it for years it's called brush up on stocks dot com that's that let's go to subscribe it. George Putnam breaks one called turnaround letter. And on the value by her always have it. So you know I'm not I'm not a guy that goes out buys Google were in Mosul on. But I like George because he's a deep value buyer but he'll tell yeah. Boy Don a lot of their divided. Yeah exactly. So. So this call. Which the government reps that I haven't put up on via on urged on the web search if it is synergy. It Georgia's appeared arsenic in the course very good very good record any values and so it stick on the market is that. You know everybody's so excited that any surprises are going to be edited and edited stepped. Value but stone and it and what of the stocks which I guess is the one thing you were recently party's General Electric and. Did you know I've got to figure to simply an archer doctor Eric. I guess to answer. Yes. Well that's my kind of thick you know and I've bought it in December when everybody else hated it and it my son tried to talk me out of it you know he he works with us and but I still bought it and I looked at it and I say you know I'd like this guy planner like what he's due date he's had cast. Now get a seat in exe cute and if he can develop these divisions. You know GE news oh meters in three areas that it's in great if you care and power generation and so. Whenever you have that position on the gonna help. Street's record companies are going away. I think we are even though it's come up. Now it's about two dollars and on the biker dude wanna talk to you about your market LAU. You're one of the EU taught me years ago. About investor sentiment. Strained when when everybody else gets bullish Michael brush gets a little nervous. It. You must be a little nervous. Yet sentiment is unique and crazy. Irate now. It is pretty disturbing so that's definitely a yellow. So signal rushing. The weight and I'd look at it is that sentinel. He indicators that the work. Fall although skewed to halfway there yet to edit movement on the annals of the market in the internals of the market that play. Are racers shows an innate trading their you know if he averaged whatever the number of the momentum is actually urged. So so we haven't seen no matter where senator probably stay away and where and momentum really acts that's where. Some we're not there yet. That question repeat because you know on the ground I mean some people hate on and that. Confuses the goal in that conversation. You know be content to actually pretty well. And let me. I'd never seen this when an economy's doing so well and the president is so disparaged and well people. I prepared because we had the same thing under Obama it's in the interest being read he is just everything's let you know. He is the market did well but the economy was doing. Economy did pretty well under Obama it's a sick surges one minute we have sent in now at a company through their work mr. right. So all of that on. The way to budget clarity on that. But you know my conservative friends now or you know. Really missed that article run on the yeah did and now the you know or we could sit think and not acknowledging. Michael thanks for joining us that's Michael brush from brush up on stocks dot com that's the name of the newsletter he cares take a look at the website. It's very chuck and Tucker signing up for this hour from the financial exchange for a unit. Hi this is Barry Armstrong and I've been a financial advisor for over thirty years and I'm looking to grow my business through acquisition if you're financial advisor who may be considering retirement or simply developing a succession plan for your clients we should tuck we all work hard and if you reach the point where you're looking to the future call me at the Armstrong advisory group were regional firm with offices throughout New England that employs a solid stable of young advisors who understand the service and attention that your clients need and deserve we will consider transactional oriented firms as well as registered investment advisors if you're adjusted please give me call -- 803934001. That's 803934. Zeros or one or you can connect with me online at Armstrong advisory dot com. Securities offered to securities America incorporated members SpinRite SIPC and advisory services are printer securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. It's not too late to get a great raid on a whole mortgage leader bank specializes in a wide variety of purchases and refinance loans at some of the most competitive rates in New England a dedicated loan officer will work with you every step of the way and their local decision making means a faster closing call 8776917. To 900 that's 8776917900. Workers at leader bank dot com. Emirates the SE equal housing lender and MLS and her 449250. Subject credit approval leader bank a step ahead. Your dream home is within reach with a Jumbo mortgage loan from leader bank they're jumble loan program designed for financing in excess of 500000 dollars offers fixed or variable rates for both purchases and refinances all originations are managed by leader bank's local underwriting processing teams for additional information call 8776917900. That's 8776917900. Or visit leader bank dot com. Member of the NC equal housing lender and -- -- number 449250. Subject to credit approval -- -- a step ahead as we -- long term care is something to make sure you -- for how quickly -- your -- be depleted if you had to write checks to the tune of 141000. Dollars every month according to -- the average cost of a private room at a nursing home in New England is 126000. Dollars per year and an average cost is expected to increase to 169000. By the year 20/20 six if you or a loved -- are faced with an unexpected nursing home study and you haven't -- -- -- yet before you write that -- -- up the phone and call the experts at -- and -- at 8668485699. -- and -- has been helping families just like -- protect their assets for more than thirty years and they put together in new guide for this month told claiming for procrastinators. -- -- for you strategies that can help educate you on the steps you need to take to protect your assets and your family do not put off this call any longer get your free -- today by calling 8668485699. That's 8668485699. Or -- Eighteen having now wrapped up 2017. And Mike one of the biggest things that investors need to keep in mind this year are the upcoming mid term elections that are going to be held in November and the effect that they can have on markets both over a short period of time. But also over longer time span. So yes certainly there's always uncertainty when you head into election years we've already seen some early elections that took place in Alabama New Jersey Virginia those have been giving us some sorts of indications of what we might see but it is largely unpredictable so we'll have to take a look and you know see how that impacts markets or how hypothetically could impact markets leading into the end between eighteen between ninety. One of the things that investors need to be cautioned about is is heating conventional wisdom that certain election results are going to be either battered good we saw that twice. In 2016 with both breaks it and the Donald Trump collection markets move the opposite way of what people expected. Right yeah Agee you know if you're listening to Talking Heads on television everyone said why out Donald Trump went for a C a huge market correction what happened Dow futures traded down overnight and then we're up the next you know really the next twelve months out with wrecks that you saw quick dip over about a week period then and made all that money back up very quickly so it really depends on the situation. Folks what 2017 is in the books you do need to be ready for what's coming in 2018 and so are strong advisory group has put together a guide titled 2018. The year ahead it's free of charge no cost in all you do to get it. This call 800. 393. 4001. Or go to Armstrong advisory dot com. Again those numbers 803934001. Armstrong advisory dot com. Security suffer through securities America incorporated member finreg SIPC and advisory services overthrew securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated representatives of securities America do not offer legal or tax advice always seek the advice of a professional familiar with the laws in your state. 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 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 the calendar has turned and a new year is here it's time for us to reflect back on the year that was and the year that's to come hi this is very Armstrong and I'd like to ask you to reflect on your financial well being and your investment strategy as we head into 2018 the markets while still volatile were incredibly resilient rising to heights we've never seen before in spite of challenges that still exist both globally and here at home 2018 holds a great deal of promise and have written a brand new guide that will help you look back on the successes we've experienced and the failure that we need to correct in order for all of our portfolios to remain strong and to grow it's called the 2017 year in review and 2018 forecast and you can get your free copy by calling 803934001. Or download it right now at Armstrong advisory dot com. Assuming there are better than one that everyone knows that that's where offering to balance the one ticket. You can he added tax and wildcat mountains in the same day Imus. There's just twenty minutes apart in the number ones out in the heat. Q now in the once again W downhill this winner at added tax and lap cat nap. Ticket dot com for more information hi this is very Armstrong and I've told you for years about my relationship with leader bank I've been doing business with them for years because they're always coming up with great deals they've got another one that is surely worth your time to check out -- bank is offering in -- savings account providing free online banking with a one point 15%. Annual percentage -- this is an online product only and there's no minimum balance required so logon to leader bank dot com and sign up today this rate may change without notice that don't delay logon to leader bank dot com get all the information about this great offer and sign up today before the rates change get free online banking with leader banks in new -- savings account that has a one point 15%. Annual percentage -- and no minimum balance and remember this product is only available online so logon to leader -- dot com right now -- -- bank dot com -- -- a step ahead. And me. This is the financial exchange with Barry Armstrong and shut sun out. You're exclusive look at business and financial news affecting your day your city your world stage and on the end up today about the economic and market trends plus get breaking business news every day. And now the financial exchange with Gary Armstrong and chuck soda. America is gonna get stone. And what I say stone that's the term used to use as it relates to the consumption of campus back in the 1970s. I don't know we still use it or not I everybody's buried truck with you here on Thursday to peoples they still say that record social our own or not. Now that you're here no on visitors who are you to hurry up but it's it's real dads very basic terminology for that yeah. That was the term in the seventies to be a World Series on don't let baked that we reading news day it happened anyway. Might there is covering it up is Vermont yesterday. Voted in favor. Legalizing campus. And that's surprising certainly surprised about the New Hampshire house. Passing a similar marijuana legalization bill little bit. Little bit but I think that's kind of competition between the states now. If Brett were to lose in the revenue to Massachusetts yep I enemy. I think that all these states are kind of just looking at the same will look if if someone is gonna drive across the border you know and pick it up the next thing we might we'll have a hero reading controlled and taxes. Would I didn't realize was how strong hole in ones it is 64%. This gal is pretty reliable poll in source. 64%. Of Americans currently support candidates legalization this is a recent poll done by Al. Mean how far away can it be. Before we have candidates on a national level but is it two years away is I've usually ten meters away. Here the trends on this by the way. In 1972. And this is all from gal so its yeah that they have the same methodology it's the same poll and they do this all the time in 1972. 16% of people thought that marijuana should be made legal. In 1984. It was 23%. In 1996. It was 25%. And then we kind who's been on this rocket ship up since then where in 99 went to 31. In 2005 we went 36. In 200944505860. It's it's just being can see. Would you attribute that to. I think it's a baby boomers guiding baby boomers many of which I am one. Many of us used to get stoned in high school and we look at it and say what's the difference between. Smoking a joint and haven't three Jeanette products. I I think the the boomers are the transition generation and specifically you look again anyone who was in college after 1968. Doesn't care and so you know you kinda do Matthew say out of that that kind of makes sense based on population trends and especially. If you were you know look at how. Younger folks tend to love vote on this issue it's it's all skewed. And that way it is well it. In there's a lot of money at stake now there let's let's be honest I mean there's a 132. Billion dollars that could be gleaned by the government in taxation. And it decree one point one million jobs you're talking about growing and these are odd jobs that exist now but they're under the table. It's a black doctor if you well it's it's. And and a lot of the people that are working under the table where you know they're collecting. Medicaid there on food stamps that getting government phones are getting free rent because after all there income is off the books right. So if you bring those people out of the shadows. One point one million people. Also your welfare rolls go down. Your incarceration costs for camp Disco week on your court systems cleaned up and into. I I. I think. Well actually our poll question is very telling we have a poll question whips its financial exchange showed dot com if you'd care to participate. And you could ask the question is. Will can't have this be legal across the country by 20/20 five and or remind you don't care whether you want to to be I want to know you're. Opinion as to whether it will be. Legal last I looked talker who's running about 80%. Saying yes it will be legal across the country because the government wants tax. By 20/20 five yeah has been hovering right around there it's at 70% in favor of Phnom or voting yes they do think that is going to be in two point 15. Not consortium Gloria go to financial change show dock on to participate. You know chuck view we covered the story regarding treasuries in China yesterday. And you kind of slept it off and said hey nothing to worry about than to see here he still feel that way it to you later. Yeah out of the tries to do anything actually. And it actually made it turned out to be fake news story. Well it's it's it's very hard to tell what is you know intentional disinformation what's you know something that someone is just trying to get across and say hey I'm on him making sending a message. Mom. But treasuries obviously sold off a little bit yesterday you know we saw the ten year ago to two point I think 58%. But then you take a look today we're back and 2.5 six of money coming heading back in there saying oh maybe this is gonna be quite we thought it was. But. Yet we see get a ten year treasury 256 and heck I remember some pretty good economies with a ten year treasury was at 4%. Well and and one thing to remember if you if you look at how the US. Finances itself you know we we do run a substantial deficit and part of that. It is in terms of the debt that's publicly held about forty to 45% of it depending on the year. Ends up in the hands of other countries right and China and Japan are the two biggest ones they own between the two of them. About 2.4 2.5 trillion dollars in US debt at this point com which between the two it's about near 20% of the outstanding debts so. Trans got about 10% you know of our outstanding debt. They are a major holder but. It's not something we're even if China did decide to sell all that. It's not something where the world opens. We utilities occurred to me I was talking no bond trader at last night dinner. As it okay well let's say China stops buying US debt or they even guys who lord forbid they they sell art. What are your bias that will exactly you earlier say you know by French debt to get by German debt to you might. Okay yeah we're still the prettiest big party and I always tell people is look at not saying there weren't any great shakes but hey what else he gonna do. Now. I tend to agree with you in the if it is so this whole thing may end up being a story about nothing it in market didn't really act and mark is down 800 points for ten minutes there was yeah I was so what do. Announcer yep it got a little movement but. Not a ton when it was Olson Don. You don't. People enter the country illegally and and they've done so for hundreds of years and they're going to continue to do so the next 200 years. But here's the difference in the approach that the truck administration is taking in late night talk about this with great admiration. As opposed to going after. The illegal immigrants you know and they've been admonished to collect illegal immigrants in this country's nobody's like immigrants in this country for 200 years straight and keep them out and it a lot of countries that we're we're no different. But with the trump administration is doing. Is they went to convenience store 7-Eleven convenience store where they suspected illegal immigrants were working. And they raided the stories that's the way I think you should go out this is opposed to going after the illegal immigrants scored the business. Go after the business owner go go they they went to the be arrested 21 people in the biggest crackdown on company went exclusively. To. Illegal. 7-Eleven stores where they were pretty certain that they had illegals working in the stores right. And they busted them and now the owners those are all independently owned franchises. 7-Eleven does an important date there's a franchise. Franchise or yup the franchisees struck our parents big trouble well. And I'll tell you when you look at this you know the business owners that choose to employ people at below minimum wage and off the books and so forth. They are the ones that make it more difficult for people to get the kind of wages that they need. If if if these businesses Kamen says they won't put whoever we want at B a minimum wage or above it. Noah complained it is OK there's no new wager still moving up in okay. But its of its directly hurting people who otherwise would have those low wage jobs because they're paying people below minimum wage and off the books. In that just drives me a wages down of people out of the workforce and I think going after the business owners is absolutely the right way to go about it. Lenin and frankly I if I were in charge and I'm not I'd say to the workers and get that here analyst talked. But boy the owners of those franchises. You throw them in jail for a year to the right. And and see how they beat all the sudden you throw you these franchise owners in jail for a couple of years and take their franchise away from 7-Eleven. Should what I think 7-Eleven should do say hey. You violated our code of conduct you know longer all that franchise were taking it we're gonna resell it. And withdraw these managers the owners of these seven elevens and in the camper few years yup. You watch out behavior changes. L guides is that again I I think that is absolutely the route to take is he you go after the business owners and all of a sudden it's. He may be a shouldn't do this anymore. You can now get a lift the year and a discounted ride home to go with that now. Lift is a competitor to Hoover I think lived domestically and Kirk if I'm wrong here truck they have about 25% of the market share point five domestically I think it yet. Point five cents of every dollar spent on the east ride sharing. To pick up the services. But now they're coming out in they're only doing this in Chicago but if you buy a big year in Chicago he get what forty or 50% discount on your right held. Yeah if you buy a beer by Chicago is better brawl brewing company. Called the five star longer. Then lift would give you 60% off your next drive home in the incentive. Is to get you to not drink and drive that's what they are trying to they're saying hey look have a beer almost but. Don't drive home. How do you do that mechanically how did they know you've bought a lift to appear just literally called that to be here. It's probably something where in the app my guess is and I've looked but. I'll take a look shortly my guests in the app you probably take a picture of it and you know the they have software that identifies OK you've you've had this beer. And then you know you're you're good to go maybe have to pay at the same credit card I've I don't necessarily know maybe pay with a in the app. But there's there's there's a way to mechanically do this kind thing. Well at any rate I just thought it was a curious story. Coming up her to be joined by an old friend of mine and his name is Dan harm and he now works for the Connecticut post put to congratulate him on his new position. Should talk to us about Connecticut the state of financial affairs in Connecticut are things looking things getting better. Things getting worse stagnating. In Har from the Connecticut post let us know next from the financial exchange radio network. The financial exchanges line on FaceBook and YouTube watch Berrian chug discuss the issues of the day and see which one smiles the most. Is who's the financial exchange radio network as we age long term care is something to make sure you claimed for how quickly we your essence be depleted if you had to write checks to the tune of 141000. Dollars every month according to Genworth the average cost of a private room at a nursing home in New England is 126000. Dollars per year and an average cost is expected to increase to 169000. By the year 20/20 six. If you or a loved one are faced with an unexpected nursing home study and you haven't done your claiming yet before you write that check picked up the phone and call the experts at Cushing and Dolan at 8668485699. Cushing and Dolan has been helping families just like yours protect RSS for more than thirty years and they put together in new guide for this month called claiming for procrastinators. It'll are for you strategies that can help educate you on the steps you need to take to protect your assets and your family do not put off this call any longer get your free guide today by calling 8668485699. That's 8668485699. Or download the guide right now from our website legal exchange showed dot com. Hi this is very Armstrong and I've been a financial advisor for over thirty years and I'm looking to grow my business through acquisition if you're financial advisor who may be considering retirement or simply developing a succession plan for your clients we should track we all work hard and if you reach the point where you're looking to the future call me at the Armstrong advisory group were regional firm with offices throughout New England that employs a solid stable of young advisors who understand the service and attention to your clients need and deserve we will consider transactional oriented firms as well as registered investment advisors if you're adjusted please give me call 803934001. That's 803934001. Or you can connect with me online at Armstrong advisory dot com. Security czar for two securities America incorporated members Jenrette SIPC and advisory services are for the securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities America companies are. Unaffiliated hi this is very Armstrong and I've told you for years about my relationship with leader bank I'd been doing business with them for years because they're always coming up with great deal and it got another one that is surely worth your time to check out leader bank is offering in east savings account providing free online banking with a one point 15%. Annual percentage yield this is an online product only and there is no minimum balance require so logon to leader bank dot com and sign up today this rate may change without notice and don't delay log on to leader bank dot com and all the information about this great offer and sign up to date before the rates change get. Free online banking with leader banks in new. 15%. Annual percentage yield and no minimum balance and remember this product is only available online so logon to leader bank dot com right now its leader bank dot com leader bank stepping. Add member FDIC a minimum Alex fees may reduce earnings -- subject to change without notice and may change after an account is opened the calendar has turned and a new year is here it's time for us to reflect back on the year that was and the year that's to come hi this is very Armstrong and I'd like to ask you to reflect on your financial well being and your investment strategy as we head into 2018 the markets while still volatile were incredibly resilient rising to heights we've never seen before in spite of challenges that still exist both globally and here at home 2018 holds a great deal of promise and Everett a brand new guide that will help you look back on the successes we've experienced and the failure that we need to correct in order -- all of our portfolios to remain strong and to grow it's called the 2017 year in review and 2018 forecast and you can get your free copy by calling 803934001. Or download it right now at Armstrong advisory dot com. Dirty suffer through securities America incorporated member finreg SIPC and advisory services are pretty securities American buys are incorporated Barry Armstrong were presented at Armstrong advisory group in the securities America companies are unaffiliated representatives of securities America do not offer legal or tax advice always CP by some a professional familiar with the laws in your state. Get the most comprehensive weekly economic update from CNBC senior contributor Larry Kudlow every Friday at 1045. Only here on the financial exchange radio network. This segment of the financial exchanges brought to you by the leader bank if you're looking to diversify your portfolio. Precious metals are Smart investment in gold and silver bullion coins. Now available all lead to bank locations or call 8776917900. Or. Log on to lead a bank dot com for more information member FDIC. Good news on the business front out of Connecticut has been a little bit rare for the last few years. But the other day in the governor announced that tax collections were surprisingly tied Kandahar from the Connecticut post. Joins us now to explain what happened again welcome to the show. Good morning Ari. A slightly different o's and elect you and I was. On here. Yes yes you do way congratulations on the new gig idea. Yeah we hit Ahmed I it all the hard it would be an at at the New Haven register the Arctic vote with pampered advocate that. Norwalk hour at a great time that there are new I'm all the papers so. And yes we are looking at me on. The wind all work on your win ball is that there at the one time windfall spending largely from an egg on the rule. Under the CI RS grip and by and do repatriate. Certain overseas profit by December 31. Point seventeen and when they did that that became respectable event and that all the bad image of the operative and that it. Combined with some bit that is we paying back to. Of course individuals that we pay taxes for money they haven't earned for a state income that you got an evening probably not if it by businesses. And it it earned money and that we are a bit exactly and can earn more money in 27. In booking more profit. 900 million dollar think back. No way he I'm and they can use it I mean date but all the money had to go under the rainy day fund and. Well that that in the opposite in fact that there rep told it we had equity. Bear rapid. We've used money off at a Utah it and it turned out to be exactly and billion dollars out of 900. And no. You know were in the rainy day if there there are rain at rainy cape on and eventually credited book argued that it 100 is huge and the law. I've been at what would it and I can let that been known to do in order to move up another hit the waited out. If you if you don't let the year end with a deficit nine and by law you go to the irony on the route it through we built it. I wouldn't do it there right now we're not worried about. It is that as what it means for you are collecting of the income. And that worked out so. I want to ask you about the property taxes I mean Connecticut is arguably the richest state in the country per capita. And you got a lot of waterfront homes there with property tax bills of 304050000. Bucks a year to get it deep do you think anybody prepaid their property taxes to get the deduction in seventeen. I've yet they did many people didn't even. Not much or people like me is. Because I wouldn't let our web site back. Yeah so there's no question but that in healthy and it was. It it it really got me to help out because under the IRS rule you'll mile of the way or the one year. You know as it here bill that are a bit. And some people in the count but what are but it pampered aloud where bailout it would be and you idiot but they're not going to be able to pick those a production. So what what is the financial status of Connecticut today I mean for the last probably what three or four years Dan. Connecticut's in the week your sister. Out of the six New England state to you look at the economies of the rest of new England and you throw new York and there if you want. And Connecticut. They didn't like it's been tough down. Yet it didn't good because job growth didn't go in and out pretty equal and you the relatively. And so. The turnaround time. And it happened yet and no we're still working out either. Bit so that would it be that let you don't keep up with not current pending an etiquette and they aren't. And the problem is that a problem with long term liabilities and health care. And that's felt is growing and you know you can help it grow overdose problem if you wrote. We meant it at him and even the Vermont and New Hampshire but we're gonna have enough problems grow. We're we're you know I I talked to people down electric boat in Groton New London. And there have been a heck of time finding workers so there's a disconnect here right I hear the economy's terrible at Connecticut. Yet electric boat can't find guys to take apprenticeships at an apprentice ships at 21 bucks an hour. That is that is exactly what you're that no question about it but that it ultimately that it and it is it. It eight out electric boat and is it. Mean you know. But for me is there is that the B twenty I doubt on that habit and Sydney at an economy. Ed by if there is meant to be therapy and Edberg in doubt about 45 in new. I'm not a problem is that it is a I not been people who do happen you know some of the problem is that indicate elected. I we know people needed during the period of the 2000. They were being laid off it will be they were in other industries that are there anymore. And so it really that we had problem. And that big body is doing great I certainly hope they're able to rip up and remember. In decade act you know our current generation the company there's an awful lot more than they do and how it is because of what. Right Dan thank you very much for your time we appreciate again congratulations on the new gig. Thank you very much greater Dan Har Connecticut post joining us today on the financial exchange and you don't. Chart gave me the thing that I find most perplexing news. You know the cost of living in New London is very little kid at that you're a guy like you could buy a house. A starter home for couple 100000 bucks Neitzel who. Eat their weight their jobs there ready you can yet. Really good apprenticeship where you'll learn to be an electrician a welder. You know commercial painter. And the star when he one bucks an hour. And they can't find anybody can not find the workers they've gotten jobs if they're going begging. I think part of it is just you know connect it needs to someone of AB re branding on what the state is in the and that takes time I mean it's. People kind of have this preconceived idea of it and we see cities that are able to kind of transform themselves you go back. 25 years I remember Pittsburgh was really struggling you know without the loss of steel jobs and so forth. But they've got to rebuild themselves is tackled now. And and you look at that and it takes time but you have to have a plan yet to stay dedicated to it and there's no doubt that you can't do it but it takes a lot of time and a lot of work. Who was the most overpaid actor. In the country last year while there's a formula for that and we'll let you know who actually the top five. Most overpaid actors work in the year 27 team that's next from the financial exchange radio network. The financial exchange is alive on FaceBook so make sure to like your page and watch the guys break down the latest on the market every day beginning at ten on the financial exchange radio network. 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 buyer gold locally it just makes sense. Give leader banker calling learn more call 8776917900. Or visit leader bank dot com not a deposit not FDIC insured uninsured by any federal government agency not guaranteed by the bank and may go down in value leader bank. A step ahead the calendar has turned and a new year is here it's time for us to reflect back on the year that was in the year that's to come hi this is very Armstrong and I'd like to ask you to reflect on your financial well being and your investment strategy as we head into 2018 the markets while still volatile were incredibly resilient rising to heights we've never seen before in spite of challenges that still exist both globally and here at home 2018 -- a great deal of promise and -- a brand new guide that will help you look back on the successes we've experienced and the failure that we need to correct in order for all of our portfolios to remain strong and to grow it's called the 2017 year in review and 2018 forecast and you can get your free copy by calling 803934001. Or download it right now at Armstrong advisory dot com. If you or a loved one are faced with an unexpected nursing home study and you haven't done your planning yet before you write that check picked up the phone and call the experts at Cushing and Dolan at 8668485699. Cushing and dole and has been helping families just like yours protect RSS for more than thirty years and they put together in new guide for this month called claiming for procrastinators. It'll are for you strategies that can help educate you on the steps you need to take to protect your assets and your family do not put off this call any longer get your free guide today by calling 8668485699. That's 8668485699. Or download the guide right now from our website legal exchange showed judge John. They are better than one that everyone knows that that's where offering to Allen who once again. You can add cash and a wildcat mounts in the same day on the the only. They're just twenty minutes apart in the number one's in neat. You mountain once again WR downhill this winner at added tax and wild cat nap. Ticket dot com. For more information and everybody it's Barry Armstrong and I'm joined by estate planning attorney Todd what's key from law firm Cushing and Dolan. We're talking about last minute planning techniques that can help seed your assets from the high cost of a nursing home. And Todd here's a question I have for you what can be done last minute. To exceed your assets if your spouse suddenly has a stroke induced. Permanently confined to a nursing. Yeah and it's primarily about your home you know that's the big asset that you ones sure no way. Well that bid if you've got money in CDs or brokerage account her diaries I mean I'm concerned about all we that's a good point that you could look as it's all at risk I think that's a point here higher rates at risk he CDs or risk your brought together terrorists everything and so many people don't think that's the case but it is. So I can tell you first and foremost it's easy for the house as long as the spouses living as they won't take it. But the house and her name doesn't have matters while you eat right we don't stop there because if you get sick in the house is at risk but at least you dodged a bullet. The bigger issue you're right there is all those dollars other IRAs or not. No and really at that time you you're probably looking at one of these last minute dedicated to him is even for a diary he can even for an IRA you may have to pay some income taxes to get to where you wanna be. But you know on the safe 141000 dollars a month and pay the tax so these these last minute annuity techniques. To put all the money into an annuity and how to pay out an income stream to the healthy spouse. We'll get you there aren't like that not the best way to go you're better off doing advanced planning but there are last minute planning techniques you can take advantage or. Call Cushing and dole and 8668485699. That's their phone number you can download. In January guide by simply going to legal exchange showed dot com it's legal exchange showed dot com go to that website. Download the guide today or call 8668485699. Like us on FaceBook and follow us on Twitter pax TFD show you. Breaking business news is always first right here on the financial exchange radio network. God bless them Mark Wahlberg. Boston boy maybe 68 million dollars in the year 2017. But according to a formula shock. He's the most overpaid actor in Hollywood. I disagree I think he's paid exactly what he should be perfect and based on what he does he was in the negotiator Mark Wahlberg. You do I go ahead analogous to a some movies that he's picked to go into the last couple years ago. Now the the I think is the the news early audiences don't either. Well he made sixty million bucks right see you can't knock the guy but Forbes with Forbes does which exit Tuesday. Is they capped it okay how much to repay Wilbert to do that movie and how much money did the movie may and they say he's the most overpaid actor and. Part of it I think in in you look at the the reason whys of the three movies that were included in this in this study on that oral route that were released before June 1 were deep water horizon. Patriots day. And daddy's home and what what's interesting on this is those first two movies. Have bet that style of movie the kind of mid budget it's. Action. Drama whatever you wanna call his cutter falling out of favor for audiences in the last decade. And you're just not seeing the numbers there that used to and so I think it was a case where. Those movies just didn't draw particularly well because. They tend to you you look at those kind of movies they order really get men go into them. Remember the movie Ted that he did. That was phenomenal. Now I didn't I didn't go to the theater watch what might its bottom desk and we watched it Christmas you watched the new movie I would not at all. I didn't go to the theater holed that we it's a you've seen Ted but you haven't seen the godfather. And Ted Ted was just absurd we thought. Be it an irony that they use the best guy in the movie in the Teddy bear easily aria you know that. At any rate let's go through the five most overpaid actors Christian Bale coming in number two analyst he had a flop called the promise. Rounding out the top five Denzel Washington and Brad Pitt worst thinkers last year Channing Tatum as well falls in there pretty much I don't know of any of these people were overpaid I think it's just that they get paid a ton of money. In their big draw but they can only BOB so much of the draw. You know when we're talking to Dan from Connecticut I forgot to talk to about Aetna the their deals for New York City fell apart to see that yep I did. Build a boss he'll mayor of New York City said the use canceling a nine point six million dollar incentive package. Four Aetna to move their headquarters there. What's going on I was trying to make sense this do you have any thoughts. I think quit to block a deal figured out what is. It has any role the Upton. You know -- jobs and Hartford but the headquarters gonna be in in Rhode I'll see you figure it's it's because the CVS deal happening. Absolutely yeah I mean that I think. You know CBS's the acquiring company. Aetna is you know the subservient company if you will so in these deals and I've been involved in the east where I've been I worked for an acquired company. The acquired company the employees at the acquired company. Typically don't get treated as well as the employees at the acquiring him especially at the senior level yeah you know this is just what it Tennessee. So I figured you'll see I don't know what it does headquarters will look I I suspect it will be in Providence you know I I wouldn't be surprised to see them. Ability you know a combined headquarters in Providence for CBS and and good news for Rhode Island. Great news for London and you know what. Wrote Rhode Island deserves an 888. You know until Connecticut's recent problems. Rhode Island always had the worst economy in the in New England Rhode Island has been a really nice job the last five years. Armando is you know she's a venture capitalist and so you know these are people like her and like any politician right if your politician getting used to have to PX no matter what 50% of people don't like you. Eight days and not only do they dislike and hatred yeah right. I'd like Gina just because of her business back there you have a conversation with her Lotta politicians. You can't have. A logical business conversation with them. You know the BB starts talking about we need to tax more and provide more social programs. Jeanne at least you know coming out of the venture capital field she understands that two plus 24. He could go to some called called Harvard that are not quite sure about but other. Besides that disease she's probably aren't. IE I I wanna talk to you about successful businesses you know hard work and dedication. But it's the intangibles that can really make a difference and seeing the future taking advantage of it before competition does. If you run a successful business right now. And you're looking for ways to expanding growth he should talk to the US Virgin Islands economic or authority. About their tax incentive programs. We know how awful the pastor Cain was that the islands are really on the road to recovery. In the programs offered offer tremendous tax benefits for companies located after headquarter yourself in the Virgin Islands. All programs are sanctioned by the US government. And you can reduce going to think about this books you can reduce your corporate tax liability by 90%. It's not a typo. 90% reduction in your corporate tax but I relocating to the virgin how about putting their capital back to your bottom line burn more by visiting. The ETA eight US. VI. ED a dot or. Don't miss out on this great opportunity the website address one more time is you. Yes the guy ET. Me dot war. Tucker I've got some bad news for a oh what is that there's going to be yet another. Increase in the price of your avocados but the Super Bowl on why it's my fault. Does not talk spot I'd I'd try and I've been buying a lot lately. It's China China has decided they like up a cut their delicious there hell I like what's what's not to like about iPad two to three recent. Do you consider them a fruit or vegetable. Meet. I I consider that a veggie uniter and different. I always thought it was for him the code the better for in China and delicious. Anyway. The reason your cost for. Avocados could potentially be on the rise is China's by animal Flickr's. The updates it's one of those things it's catching on in China kind of like lobster. And they're seeing a big big rise in demand for up condos in China. At the moment Mexico is planning to ship one point eight billion pounds about the content to the US. This year. But by comparison Latin American countries as a group are sending about 76 million. Pounds of avocados to China so China still is a drop in the bucket. But it's growing quickly. With doubling every year down yeah. Double I want my avocados. Well a year their mind. You know what's good about this though is these are coming get avocados are grown in Third World countries right because you get cheap labor in in and its you know its its. It's tougher to grow. It's good to those countries are going to be of the charge more for their avocados if you. The academic Utah Q you'll pay five bucks three bucks in your buyer avocado like I need I need every week now what do they caught like a buck 49 right now he gets about fifty each. They went to dollar 99 talkers that I apps we were on a mean up until about three bucks not to auto. And that's just the way it is LA most books are going to be tightly you know Sierra and a Super Bowl party or football party. You know I just got news of the patriots game does start to eat fifteen sat pastor bent on. That means I can only watch the first quarter on Saturday night. Sitting tot dog appear at any time rests. Every night Tucker. Com as we do than make exception on the weekends. And you don't drink in excess that's the the room additionally hung over talkers my favorite talk. I. Monday morning or Tuesday morning's shoot it anyway you guys still pretty confident that the. Patriots are gonna wind. I'm still on the grow my hair for a month that they lose I'm willing to shave my head what they're here's the question so that the spreads thirteen and half. I feel like you should have something on the other side of you guys feel like recess and the ball boys later I noted I do anything deer hair is I know that it's. You know it's it's partly why I I understand there's an amateur but I've never seen you with a beard. And I'm wondering if we can maybe do like two weeks of the beard if the patriots win by more than fourteen that's fair that's fair. Now. So we tips and what if the putts short I'll lose twenty pounds has that what it would the pitchers were by more than twenty. More than anyone more than twenty points you know two weeks a beard. Mean that's basically you know I'm going to do that okay Doug and mark the tape ever made if the pitchers lose dime 121. Win. If the patriots win by more than author of win by more than 2.0. Yeah they lose were in deep crap talk can I noticed there he you guys aren't and I'll be. First time cheering for Tennessee I told my aunt until my wife about this the other day in tennis season when you ask me about this first to go. Yeah wives are famous for that rate that it. Get matters and say why didn't you a pilot gets madam Leo time in my. OK honey. You know the guy in and do stupid things and all wanted to do stupid things to help me before do you start from a baseline that I'm going to do something don't you know right there it like I don't know what women don't understand and hopefully they knew they were getting into. 1130 Euro. Toyota plant is that a result leave this planet we we broke the story yesterday about Toyota and Boston buildings plant and held them. They are and actually make more cars. And the domestic czar in the United States and you know we make more cars in the United States than we actually consume I'd I didn't we we manufacture bud eighteen million cars annually vibe maybe 1617. Yet and so the first quarter when he eighteen foreign makers are expected to produce one point four million vehicles. In the US which is equal to their American rivals. But that's likely going to continue to shift towards more foreign makers in the US. Which is a pretty interesting to see here. Just because companies or rather states have been so aggressive in trying to lure foreign carmakers in. Just with incentive packages that you're seeing more and more these facilities like Toyota's and mas does. Coming into the country. He noticed where they're going right the south now they're not going to Massachusetts Tennessee Kentucky Alabama. You're seeing any auto plants and Vermont right. Notes it's if it's if it's the laws rating welts to fix its cheap labor right because people were cheaper and Alabama and they will in Massachusetts. But it's also the union they eat the unions can't get him down south that can get up north Pia. They think that agree auto makers Edwards deal with the UA WW we just and in and you know what's ironic is where they tried UAW's tried to get into a number of these plants and they have failed mr. yet there's a big vote last year I forget exactly that the ten is in Tennessee. It it was the Volkswagen plant. Pia meg very good Bergen yup and I know they shut down pretty convincingly. We're gonna get an update from Ian share from CNET as to what's going on at the computer electronics. Show well that'll be extra that's next from the financial exchange radio network. To vote on our daily poll question had financial exchange showed John come up while you're there fire of the media player and watch the show while you work. This is the financial exchange radio network. If you're a hard worker in you've created a successful business I've got a message for you they can help the business thrive and grow hi this is Barry Armstrong on behalf of the US Virgin Islands economic development authority. We all know how devastating this past hurricane season was. But the islands are already on their way back and the authorities economic development commission offers a tax incentive programs for companies located in the US Virgin Islands. Aren't talking about a competitive. Offshore tax benefit program that is sanctioned by the US government and it allows your business to lower its corporate tax burden by 90%. Many US businesses are already taking advantage of this tremendous program. If you're a business owner looking for tax breaks. Talk to the folks at the US VI economic development authority one under their website for all of the information that's US. VI. EDA dot org. The calendar has turned and a new year is here it's time for us to reflect back on the year that was in the year that's to come hi this is very Armstrong and I'd like to ask you to reflect on your financial well being and your investment strategy as we head into twenty team the markets while still volatile were incredibly resilient rising to heights we've never seen before in spite of challenges that still exist both globally and here at home 2018 holds a great deal of promise and Everett a brand new guide that will help you look back on the successes we've experienced and the failure that we need to correct in order for all of our portfolios to remain strong and to grow it's called the 2017 year in review and 2018 forecast and you can get your free copy by calling 803934001. Or download it right now at Armstrong advisory dot com. Hi this is Barry Armstrong and I've been a financial advisor for over thirty years and I'm looking to grow my business through acquisition if you're financial advisor who may be considering retirement or simply developing a succession plan for your clients we should tuck we all work hard -- if you reach the point where you're looking to the future call me at the Armstrong advisory group were regional firm with offices throughout New England that employs a solid stable of young advisors who understand the service and attention to your clients need and deserve we will consider transactional oriented firms as well as registered investment advisors if you're adjusted please give me call 803934001. That's 803934. Zeros or one or you can connect with me online at Armstrong advisory dot com. Juries are for two securities America incorporated member finreg SIPC and advisory services are printer securities America advisors incorporated Barry Armstrong representative Armstrong advisory group in the securities American companies are unaffiliated. Security suffered through securities America income members finreg SIPC an advisory services arbiters securities America advisors think Barry Armstrong representative Armstrong advisory group in the securities America companies are unaffiliated. The financial exchanges all over New England to go to financial exchange showed dot com and search for the station closest to you this is the financial exchange radio network. Ian shares out in Las Vegas at the consumer electronics of the biggest technology trade show of the year. And in how aria. I'm Eric area I'm I'm well give power back out there. Yes we do it very it was eight but I need gay yesterday. Not so funny for everyone back. That would then we had rain which is done incredibly unusual in Vegas stayed the restrain they'd had an underneath the gates. We agreeing on Monday Tuesday and it was actually flooding in some of the hotels. You know garage and start but it is not like a quarter and like it got a little rain but think that I used to it. So then. Yesterday one of the transformers. Apparently in the rain we intuit or wherever and you know water let electricity goes bad. And so it certainly got the power outage for two hours it was. Rather amazing to lie actually and you think again there's an electronic show and about central part of that electricity was not. What what did companies do like what they do with their crews during this time I mean like today. Do anything. And I know I'm you know I've eaten there like super without them you know they all sorts of stuff so a lot of them were just dark if you go on. Cnet.com we actually have a lot of photos red that look like your other kind of argued cohesion in. You know because they're just not been there otherwise. I don't look a lot of really good jokes still I think might might gators let it in Cowell who leave the chipmaker. And they put out a tweet picture everything dark and that introducing black out trademarked. The biggest thing he had he had. What that is yeah I think it that they really recognized that that there's you know they didn't if you at least churned out lemons into lemonade right have a little fun with that. Absolutely so short of that the blackout that occurred. What could be in the things that people have been talking about the most CES this year. It's really enjoyed being you know beat one of the biggest trends we've had this year is that what the system up. You know yeah you may not know that we we learned earlier this year that. Amazon said that the it be echoed dot org which is the hockey puck thing that you can talk to him give a command and stuff. It would be cops telling thing on Amazon. It's for the holidays that. Across all of Amazon they're including diapers and and and whatever else you could buy it was the top selling item. So it is a huge device there's also Google many as a bunch of other ones out there. And so we started seeing this year this show. Also the company building the technology and ended bears stuff like you know power plugs for your home right yeah mr. and told them there. I've been brilliant light pictures that you you don't have even have one of those dot things anymore and have them put Barry has he has. Can't say you know and then legal you know you're like picture response which is weird borrowed interest game. I mean it can't start shaky right suddenly you have like. You know these the computer everywhere you can respond to and admire what they even have a built in two showers and toilets which again. Seems unbeaten beard but then you'd think well you know you're getting ready in the morning you need you know you want and the weather is being that a bottom. So there's a lot of that happening which is is really interesting and of course the question is hey who's gonna win is apple Google. You guys Amazon you've got Mike or stopped all of these people are trying to get you to use an error. What does that and oh which one you're gonna need those and then the companies are gonna support that. But at kind of united that the that we looked the other place. Torn out as far as our TVs this year anything notable or just more for K devices. Oh my gosh I think one of the equal as divisive as seen in quite awhile and I don't mean to be sounding I'd be like. I'm usually pretty bored by this shelter Laura ever write a little need there was any TV from algae that just. It went bananas and what is we have a video on CNET Igawa. And it really PP eleven Stevie that won't go up like a poster. How did that. Like literally I mean he's like you the most to bring you know rather it is so rigidly you need to movers to move that would yelling out. And now. The idea that you can roll it out into a little box and then like. Carrier it was usually to the Super Bowl game here it is Super Bowl party lawyer and has the worst TV. And set it up and then why China and Iran and Britain America and let them and he. Sold I yeah and that's really that's that's pretty much everything I need. Rank and totally look I mean it can't both loaded and even tell us how much it cost that the indication of Ellicott. And you know but the interesting thing is that over time. This is literally where technology can doubts and by the way part of what makes it possible. Is this screens we have in our bones and a lot of other places now. Era at all does what we've actually got to get out we're up against the heartbreak but thank you very much of the time and thanks for all the info here. Apps and that's you and share from CNET talking about CES and the big technologies. And the markets well it's still rallying Chuck Berry and Tucker saying goodbye for today and we'll see you tomorrow morning right here on the financial exchange with you know.