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Barry Armstrong has more than 25 years of experience in the financial services industry and hosts WRKO's Financial Exchange program every weekday from 10 a.m. to noon. Barry also works with the independent financial professionals at Armstrong Advisory Group, which he founded himself, to serve individual investors and small businesses in New England. For the most up to date information on The Financial Exchange, as well as industry news and info, follow Barry on Twitter @BarryGArmstrong.

04/12/2012 - 4:21pm
By: Armstrong Advisory Group
Could climbing rent prices cause more people to buy a house?

With housing prices having fallen almost 33 percent since peaking in 2006, many homeowners nationwide have felt the brunt of the large price depreciation.  In contrast, rent prices have continued to climb over the past 3 years as former homeowners have switched to renting.  Could 2012 be the year during which the higher cost of rent causes more people to buy a house?

  • According to the Census Bureau’s Housing Vacancy Survey, since 1965 the number of households in the US has increased at an average annual rate of 1.5 percent, adding an average of approximately 1.3 million new households per year.  ...
04/05/2012 - 2:13pm
By: Armstrong Advisory Group
Does the future bode well for growth in the technology sector?

With the NASDAQ Index up almost 18 percent in 2012, technology stocks have become a hot topic of conversation.   The growth has been fueled by increased spending on cloud computing, mobile devices, and other data storage devices.  Do these themes bode well for future growth in the technology sector?

  • The Cloud computing business may be one of the most attractive opportunities for investing in 2012. Companies no longer need to buy data servers, coolers, and other equipment to store their data, resulting in huge cost savings. Substantial physical space is saved without any data hubs, and employees have easy access to...
03/28/2012 - 1:09pm
By: Armstrong Advisory Group
Why Inflation is Higher Than What the Government Reports

In the most recent report by the Bureau of Labor Statistics (BLS), the Consumer Price Index (CPI-U) recorded a 2.9 percent year-over-year increase in the 12 months ending in February.  The Core CPI-U, which eliminates the volatile food and energy sectors, rose by 2.3 percent year-over-year .  Despite these modest numbers there seems to be a widespread perception of higher inflation among the public. Is there a reason why perceived inflation is much higher than the actual BLS statistics? 

  • The impact of political influence. Starting in 1921, the BLS published annual CPI numbers. Over time, especially after WWII, the CPI began...