# Software Stocks Surge and a Controversial Call From a Former Trump Advisor 5/28/26

An episode of [CNBC's "Fast Money"](https://invisiblenetwork.ai/podcast/215529509), 28 May 2026, 44 min.

Audio: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/b7b89f33-e5b5-46a6-9e42-7f843e9567e5/episodes/34240dbf-cb74-4f12-a4b6-fbf5fd9b50b6/audio/128/default.mp3?aid=rss_feed&awCollectionId=b7b89f33-e5b5-46a6-9e42-7f843e9567e5&awEpisodeId=34240dbf-cb74-4f12-a4b6-fbf5fd9b50b6&feed=szW8tJ16

A post-earnings pop in Snowflake sends the software ETF to its highest level since late January, but can the rally keep its momentum? Plus Joe Lavorgna, a one-time advisor to the Trump administration is calling for 100bp of rate hikes this year. He lays out his reasoning. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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