GABRIEL WISDOM / TIFFANY DAVIS / STEPHEN CHEUNG 

GABRIEL WISDOM / TIFFANY DAVIS / STEPHEN CHEUNG

There is one, undisputed Voice of Business News on Southern California, Frank Mottek. Frank brings his thirty-plus years of covering news – with his focus on business and money to 790 KABC, weekdays on your drive home. As host of Mottek on Money daily at 6pm PT, Frank talks to the biggest names in the news and biggest personalities driving business, all to give you the insights you need for your financial health and success. Southern Californians trust Frank Mottek. 

Follow Frank wherever you enjoy podcasts:

Apple: http://apple.co/mottekonmoney

Spotify: https://open.spotify.com/show/1IOB53uiJjQOQvY30Db0yS?si=b6dc694fb03c4e8b

YouTube: https://youtube.com/playlist?list=PLCp1uG4RZ2CpQeUsc_JCEHp84tJlHjnlh

There is one, undisputed Voice of Business News on Southern California, Frank Mottek. Frank brings his thirty-plus years of covering news – with his focus on business and money to 790 KABC, weekdays on your drive home. As host of Mottek on Money daily at 6pm PT, Frank talks to the biggest names in the news and biggest personalities driving business, all to give you the insights you need for your financial health and success. Southern Californians trust Frank Mottek. 
Follow Frank wherever you enjoy podcasts:
Apple: <a href="http://apple.co/mottekonmoney">http://apple.co/mottekonmoney</a> 
Spotify: <a href="https://open.spotify.com/show/1IOB53uiJjQOQvY30Db0yS?si=b6dc694fb03c4e8b">https://open.spotify.com/show/1IOB53uiJjQOQvY30Db0yS?si=b6dc694fb03c4e8b</a>
YouTube: <a href="https://youtube.com/playlist?list=PLCp1uG4RZ2CpQeUsc_JCEHp84tJlHjnlh">https://youtube.com/playlist?list=PLCp1uG4RZ2CpQeUsc_JCEHp84tJlHjnlh</a>

Mottek On Money with Frank Mottek

Mottek On Money 02-28-24

The Dow Jones Industrial Average hit a record high today, closing at 50,286, with IBM taking the spotlight after receiving a potential billion-dollar investment from the US government for its quantum computing subsidiary. The news sent the stock soaring, but the market's enthusiasm was tempered by concerns about inflation and the impact of the ongoing Iran war on the economy.

Today's market action was driven by a mix of positive and negative news. On the one hand, IBM's deal with the government and the company's strong earnings report boosted the stock, while on the other hand, the price of oil dropped after a report that Iran's Supreme Leader had issued a directive against sending weapons-grade uranium abroad. The market's reaction to the news was a classic case of "buy the rumor, sell the news," with investors initially reacting positively to the report, only to reverse course when the details emerged.

If you're interested in learning more about the market's reaction to the Iran war, the impact of AI on the job market, and the latest news on the economy, tune in to this episode to hear the full conversation with the economist and Rabbi Marvin Hier, the founder of the Simon Wiesenthal Center and Museum of Tolerance.

The Dow Jones Industrial Average hit a record high today, closing at 50,286, with IBM taking the spotlight after receiving a potential billion-dollar investment from the US government for its quantum computing subsidiary. The news sent the stock soaring, but the market's enthusiasm was tempered by concerns about inflation and the impact of the ongoing Iran war on the economy.
Today's market action was driven by a mix of positive and negative news. On the one hand, IBM's deal with the government and the company's strong earnings report boosted the stock, while on the other hand, the price of oil dropped after a report that Iran's Supreme Leader had issued a directive against sending weapons-grade uranium abroad. The market's reaction to the news was a classic case of "buy the rumor, sell the news," with investors initially reacting positively to the report, only to reverse course when the details emerged.
If you're interested in learning more about the market's reaction to the Iran war, the impact of AI on the job market, and the latest news on the economy, tune in to this episode to hear the full conversation with the economist and Rabbi Marvin Hier, the founder of the Simon Wiesenthal Center and Museum of Tolerance.

The Dow hits a record high as IBM rallies on a quantum computer deal

https://api.omny.fm/orgs/a7b0bd27-d748-4fbe-ab3b-a6fa0049bcf6/clips/dae31008-600a-4cc6-9275-b452000a6a6e/transcript

Frank Mottek discusses the future of Cuba, where the Trump administration's actions are bringing hope to the Cuban people. Joining us live is Tomas Regalado, the former mayor of Miami and veteran broadcast journalist, who shares his thoughts on the significance of this historic moment and what it means for the island nation. And in California, we're talking about the state's financial health and the impact of the proposed "billionaire's tax" on the state's economy.

Franks guest, Herb Morgan, candidate for California State Controller, shares his vision for a more transparent and accountable state government, and how he plans to use blockchain technology to make that happen. And in the world of finance, we're exploring the latest market trends and what they mean for investors.

Don't miss this episode for a unique perspective on the intersection of politics, finance, and technology. Listen now to hear the full conversation and get the inside scoop on what's happening in the world of finance and beyond.

Frank Mottek discusses the future of Cuba, where the Trump administration's actions are bringing hope to the Cuban people. Joining us live is Tomas Regalado, the former mayor of Miami and veteran broadcast journalist, who shares his thoughts on the significance of this historic moment and what it means for the island nation. And in California, we're talking about the state's financial health and the impact of the proposed "billionaire's tax" on the state's economy.
Franks guest, Herb Morgan, candidate for California State Controller, shares his vision for a more transparent and accountable state government, and how he plans to use blockchain technology to make that happen. And in the world of finance, we're exploring the latest market trends and what they mean for investors.
Don't miss this episode for a unique perspective on the intersection of politics, finance, and technology. Listen now to hear the full conversation and get the inside scoop on what's happening in the world of finance and beyond.

Stocks rebound on lower oil and t-notes yields, Nvidia takes earnings spotlight

https://api.omny.fm/orgs/a7b0bd27-d748-4fbe-ab3b-a6fa0049bcf6/clips/77c9fcd0-32dc-4881-a610-b45100011d8e/transcript

The market is experiencing a rollercoaster ride as oil prices surge and mortgage rates reach their highest levels this year. Franks guest, Jim Hausberg, a veteran money manager and market strategist, shares his insights on the current market trends and what investors can expect in the coming days. We also discuss the impact of the Iran war on oil prices and the potential effects on the economy.

The Iran war is causing a significant increase in oil prices, which is, in turn, affecting mortgage rates. Our guest explains that if a peace resolution is reached soon, oil prices may drop, but until then, investors should be prepared for volatility. We also dive into the world of AI and its impact on the market, with Jim sharing his thoughts on the AI trade and its potential benefits for investors.

In addition to the market trends, we discuss the recent IPO of Cerebras Systems, which has been making waves in the tech industry. Our guest also shares his thoughts on the current state of the bond market and the potential effects of higher interest rates on the economy. With mortgage rates reaching new highs, it's essential for investors to understand the current market landscape and make informed decisions.

Tune in to this episode to hear Jim's expert analysis and gain a deeper understanding of the market trends and their potential impact on your investments. Don't miss this informative conversation and stay ahead of the curve in today's volatile market.

The market is experiencing a rollercoaster ride as oil prices surge and mortgage rates reach their highest levels this year. Franks guest, Jim Hausberg, a veteran money manager and market strategist, shares his insights on the current market trends and what investors can expect in the coming days. We also discuss the impact of the Iran war on oil prices and the potential effects on the economy.
The Iran war is causing a significant increase in oil prices, which is, in turn, affecting mortgage rates. Our guest explains that if a peace resolution is reached soon, oil prices may drop, but until then, investors should be prepared for volatility. We also dive into the world of AI and its impact on the market, with Jim sharing his thoughts on the AI trade and its potential benefits for investors.
In addition to the market trends, we discuss the recent IPO of Cerebras Systems, which has been making waves in the tech industry. Our guest also shares his thoughts on the current state of the bond market and the potential effects of higher interest rates on the economy. With mortgage rates reaching new highs, it's essential for investors to understand the current market landscape and make informed decisions.
Tune in to this episode to hear Jim's expert analysis and gain a deeper understanding of the market trends and their potential impact on your investments. Don't miss this informative conversation and stay ahead of the curve in today's volatile market.

Stocks pull back on rising oil prices and mortgage rates

https://api.omny.fm/orgs/a7b0bd27-d748-4fbe-ab3b-a6fa0049bcf6/clips/8fdd4c7f-f930-4380-b61d-b45000049879/transcript

Mottek On Money 02-28-24

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