Private equity is a risky business. There are high-highs and low-lows. A retirement plan, on the other hand, is meant to be a reliable beast. But President Trump believes your 401(k) can handle it! On today's show, the president's expected executive order could help offer some legal cover for fund managers who include private equity in your retirement portfolio. What are the risks and benefits? Related episodes: The Prudent Man Rule (<a href="https://podcasts.apple.com/us/podcast/the-indicator-from-planet-money/id1320118593?i=1000577970920"target="_blank" >Apple</a> / <a href="https://open.spotify.com/episode/15BYafZ2RVHSv1vZz27TXR?si=d9478a6e072243c2"target="_blank" >Spotify</a>) Carried interest wormhole (<a href="https://podcasts.apple.com/us/podcast/planet-money/id290783428?i=1000691596660"target="_blank" >Apple</a> / <a href="https://open.spotify.com/episode/34zsm1KIMi6voeDPSaEMQs?si=aa546914db7d44b7"target="_blank" >Spotify</a>) Let's party like it's NVIDIA earnings report day! (<a href="https://podcasts.apple.com/us/podcast/the-indicator-from-planet-money/id1320118593?i=1000667532666"target="_blank" >Apple</a> / <a href="https://open.spotify.com/episode/0G8GRcpFS78jejmKKpSJQm?si=58d303c5491f46f7"target="_blank" >Spotify</a>) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at <a href="http://plus.npr.org/"target="_blank" >plus.npr.org</a>. Fact-checking by <a href="https://www.npr.org/people/g-s1-26724/sierra-juarez"target="_blank" >Sierra Juarez</a>. Music by <a href="https://dropelectric.bandcamp.com/"target="_blank" >Drop Electric</a>. Find us: <a href="https://www.tiktok.com/@planetmoney"target="_blank" >TikTok</a>, <a href="https://www.instagram.com/planetmoney/"target="_blank" >Instagram</a>, <a href="https://www.facebook.com/planetmoney"target="_blank" >Facebook</a>, <a href="https://www.npr.org/newsletter/money"target="_blank" >Newsletter</a>. Learn more about sponsor message choices: <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a> <a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>

Why the Fed could lose $1.5 trillion

A bite-sized show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening in today's economy. It's a quick hit of insight into money, work, and business. Monday through Friday, in 10 minutes or less.