Power Lunch

The Federal Reserve hikes rates by half a percentage point for the first time in two decades. Fed Chairman Jerome Powell says inflation is much too high, additional half point hikes are on the table and addressed the possibility of a future 75-basis point increase. The market reaction was volatile as investors hung on every word. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets get ready for the Fed Decision on interest rates. How are consumers dealing with inflation? One analyst says sell these staples. Natural gas jumps to a 14-year high, are even higher prices coming soon? Plus travel tumbles today, but CEOs are optimistic about the summer. Our trader weighs in Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Three sectors facing big issues: staples, chips and home builders. We’ll speak to three experts who say there are stocks worth owning amid the pullback. Plus, Bank of America’s CEO says the Fed’s road ahead is unprecedented. And, mortgage rates keep climbing - hitting 5.5% Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

A huge down day for the markets as investors digest a slew of economic data. How do you position your portfolio for an economy that’s on edge? Plus, strong dollar plays…why biopharma outperforms in recessions… and waiting for the Berkshire Annual Meeting. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

10 teams. 60 assets up for grabs. The 2022 Stock Draft is here. Our line-up: Actor Ryan Reynolds, Basketball Hall of Famer David Robinson, the St. Peter’s Peacocks student investment club, we have a Real Housewife of Atlanta, a Tik-Tok star, the former CEO of Macy’s and Delano Saporu. Kevin O’Leary, Stephanie Link and Tim Seymour make return appearances. Wait until you hear who’s swinging for the fences. Tyler and Kelly take us through the hour with Melissa Lee and Jim Cramer. The 2022 Stock Draft starts now. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The market pullback is creating opportunities for investors. You just need to know where to look. Kelly & Tyler talked to our market experts about avoiding value traps and which Nasdaq laggard will turn into a leader. Plus, Beyond Meat shares spiked, then were halted then fell on headlines about its partnership with McDonald’s. And, Tilman Fertitta told us why prices are never going back to 2019 levels. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

A vicious April sell-off intensifies. Investors are dumping shares on fears of an economic slowdown. Is the bottom in? A veteran market analyst says not yet. Plus, Sherwin-Williams bucks the trend and trades higher. The company says it has pricing power. We have a list of stocks that are successfully passing along higher costs. And, a big interview with the CEO of Ford. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

An historic tech deal. Elon Musk buys Twitter for $44b. Tyler & Kelly reported the news as it happened – from the stock being halted to the deal being done. Experts were on hand with reaction, analysis and what it means for the future of the social media company. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Les Funtleyder, E Squared Capital Management healthcare portfolio manager, discusses health care stocks and biotech. Erin Gibbs, Main Street Asset Management CIO, discusses Gap, Electronic Arts and D.R. Horton. Clarence Otis, former Darden Restaurants CEO and Verizon board member, discusses how restaurants will fare with increased inflation and labor struggles, if in-person dining is sustainable and the biggest changes from the pandemic in the restaurant business. Plus, Michael Farr, Farr, Miller & Washington founder and CEO, Hightower Advisors chief market strategist and CNBC contributor, discusses the markets, his thoughts on the Fed and more. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Airlines and other travel stocks soar on hopes for a travel rebound. The CEO of Loews Hotels on what he’s seeing. Netflix continues to fall and Warner Brothers Discovery pulls the plug on CNN+. And Carl Icahn seeks allies in his fight with McDonald’s over the treatment of pregnant pigs. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.