Market Tug-of-War, Finding The ‘Golden’ Ticket 8/6/24

Power Lunch - A podcast by CNBC

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The market bulls want a Fed rate cut so the rally can keep going. The bears want a cut to prevent a recession. It’s the same goal, but with very different views on where we are in this economic cycle. We’ll discuss. Plus, Democratic nominee Kamala Harris has officially chosen Minnesota Governor Tim Walz as her running mate. Will this choice actually move the polls? We’ll speak to Larry Sabato about that and more.