Frank Mottek discusses the ongoing conflict in the Strait of Hormuz with special guest Steve Forbes, chairman of Forbes Media. They dive into the administration's strategy to pressure Iran, the impact on oil prices, and the stock market's reaction. Steve shares his insights on the potential for a deal and the long-term implications of the situation. The conversation also touches on the recent stock market rally, Tesla's surprising profits, and the growing trend of billionaires leaving California due to proposed tax changes.