Money Talk 5-2-26

Money Talk 5-2-26

From Money Talk by 620 WTMJ

May 2, 2026 · 36 min

About this episode

Dave Spano and Dr. Brian Jacobsen discuss geopolitical tensions and monetary policy, including Chair Powell's potential final act amidst a divided Fed.

Powell's Swan Song This week Dave Spano and Dr. Brian Jacobsen break down a high-stakes geopolitical and monetary situation, from rising Middle East tensions and OPEC fractures to the puzzling drumbeat for rate hikes with high oil prices. We unpack a divided Fed, increasingly hawkish signals from global central banks, and what may be Chair Powell’s final act as leadership transitions are ahead. Economic data remains solid, with resilient GDP growth and jobless claims evoking a “Summer of ’69” moment for the labor market. Plus, myths about filing an extension and tools for finding long-term care for a loved one.

People in this episode

Host: Dave Spano

Guest: Dr. Brian Jacobsen

Topics covered

  • geopolitical tensions
  • monetary policy
  • rate hikes
  • central banks
  • economic data
  • long-term care

Keywords

  • geopolitical
  • monetary policy
  • rate hikes
  • OPEC
  • economic data
  • long-term care
  • labor market

Mentioned in this episode

Organizations: OPEC

Places: Middle East

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