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.

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

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