Risks to the rally, Boeing’s new CEO and an under-the-radar rally in payment stocks.

The future of this rally is in the hands of America’s balance sheets. We look at what to watch for as earnings season kicks off. The number of money-losing companies continues to grow. Why is that, and what does it mean for the markets? Plus, the digital payment stocks that have more room to run in 2020. Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

"The Exchange" on CNBC is a one-stop shop for the day's top business stories, along with breaking news and the must-see market movers heading into the back half of the trading day. This newsroom-based program also features lots of original reporting, in-depth conversations and showcases CNBC's award-winning investigative work. "The Exchange" has all that plus "Rapid Fire," our innovative, reporter driven roundtable – which is a discussion of some of the day's most interesting, unusual and at times controversial topics. This series gives today's modern investor the day's top stories, the must reads & a whole lot more.