On this week’s live episode of Risk and Return, Charlie Gasparino and Bob Sloan break down the growing division inside the Federal Reserve over the timing and direction of rate cuts. With Powell’s remarks reshaping expectations in real time, investors are reassessing duration risk, Treasury ETF positioning, and macro volatility into year-end. The episode also dives into major equity positioning shifts from Google to China Vanke to luxury stocks as short interest accelerates across key pockets of the market. And Charlie brings his extensive reporting on the escalating Netflix, Paramount, and Warner Bros saga, detailing the boardroom maneuvering and lobbying battles driving the next wave of media consolidation, live every Wednesday at 4pm.