About this episode
Fed Chair Jerome Powell just told a senate committee the economy remains strong, despite some recent cooling. He also said holding rates too high for too long could jeopardize growth. We’ll break down what that means for timing of potential rate cuts.
Plus, speaking of growth – the values of sports teams have been soaring for decades. Is there any sign that we have finally reached the peak? We’ll discuss.
And, Tesla’s rally rolls on, with the stock on pace for it’s 10th-straight positive day. It’s up more than 40% during that streak. If you’re holding it, should you sell now? We’ll ask our trader.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Get every episode summarized
Each time Power Lunch publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Power Lunch
Fed holds rates steady 4/29/26
Power Lunch
Stocks sell off as OpenAI report hits market 4/28/26
Power Lunch
Market waits for Big Tech earnings this week 4/27/26
Power Lunch
Semiconductor stocks keep surging 4/24/26
Power Lunch