In this episode of Mottek on Money, we dive into the latest market updates, including the Nasdaq's correction territory and the impact of the Iran war on oil prices. We also discuss the potential collapse of Cuba's communist government and the US's response. Additionally, we're joined by Rick Caruso, a prominent LA business leader, who shares his insights on the city's homeless crisis and the Steadfast LA efforts to rebuild fire-damaged areas. We also touch on mortgage rates, which have risen for the fourth week in a row, and the challenges facing the real estate market in Southern California.

In this episode of Mottek on Money, we dive into the latest market updates, including the Nasdaq's correction territory and the impact of the Iran war on oil prices. We also discuss the potential collapse of Cuba's communist government and the US's response. Additionally, we're joined by Rick Caruso, a prominent LA business leader, who shares his insights on the city's homeless crisis and the Steadfast LA efforts to rebuild fire-damaged areas. We also touch on mortgage rates, which have risen for the fourth week in a row, and the challenges facing the real estate market in Southern California.

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

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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

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Now it’s even easier to listen to 790 KABC News! In addition to tuning in to 790 on the AM radio dial, you can listen online, 790 KABC can be streamed through your computer, smartphone (via our own 790 KABC app) or smart device including Amazon’s Alexa or Google Home.

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Tech stocks retreat. Rick Caruso on LA leadership. Hope for a free Cuba.

https://api.omny.fm/orgs/a7b0bd27-d748-4fbe-ab3b-a6fa0049bcf6/clips/ed0128bc-cec1-417d-96e0-b41a000168b7/transcript

The stock market reached new heights, with the Dow closing at a record high for the second day in a row. But amidst the celebration, concerns about the Middle East conflict and its impact on oil prices loomed large. Frank Mottek is joined by Oil analyst John Kilduff joined the show to discuss the situation, warning that a new round of military strikes against Iran could lead to a spike in gas prices. Meanwhile, in California, a proposed tax hike is on the ballot, with the LA Taxpayers Association's Aiden Shaw leading the charge against it. The association argues that the tax increase would disproportionately affect low-income residents and small businesses.

Frank also touched on the LA Mayor's contest, where reality TV star Spencer Pratt is gaining ground against incumbent Karen Bass. Pratt's use of AI-generated ads has been a game-changer in the campaign, and his straight-talking approach has resonated with voters. But Bass's response to Pratt's success has been less than impressive, with some calling her comments "jaw-droppingly stupid." The episode also covered the importance of authenticity in messaging, with PR expert Michael Levine discussing his new book, "Authentic PR."

As the market continues to soar, investors are looking for ways to stay ahead of the curve. The episode's guests offered insights into the latest market trends and the potential impact of the Middle East conflict on the economy. With the Memorial Day holiday weekend approaching, it's a good time to take a step back and assess the current market landscape.

Tune in to this episode of Motech on Money to hear the full discussion on the market's record-breaking week, the proposed tax hike in California, and the LA Mayor's contest. Don't miss the expert insights and analysis from John Kilduff, Aidan Sean, and Michael Levine.

The stock market reached new heights, with the Dow closing at a record high for the second day in a row. But amidst the celebration, concerns about the Middle East conflict and its impact on oil prices loomed large. Frank Mottek is joined by Oil analyst John Kilduff joined the show to discuss the situation, warning that a new round of military strikes against Iran could lead to a spike in gas prices. Meanwhile, in California, a proposed tax hike is on the ballot, with the LA Taxpayers Association's Aiden Shaw leading the charge against it. The association argues that the tax increase would disproportionately affect low-income residents and small businesses.
Frank also touched on the LA Mayor's contest, where reality TV star Spencer Pratt is gaining ground against incumbent Karen Bass. Pratt's use of AI-generated ads has been a game-changer in the campaign, and his straight-talking approach has resonated with voters. But Bass's response to Pratt's success has been less than impressive, with some calling her comments "jaw-droppingly stupid." The episode also covered the importance of authenticity in messaging, with PR expert Michael Levine discussing his new book, "Authentic PR."
As the market continues to soar, investors are looking for ways to stay ahead of the curve. The episode's guests offered insights into the latest market trends and the potential impact of the Middle East conflict on the economy. With the Memorial Day holiday weekend approaching, it's a good time to take a step back and assess the current market landscape.
Tune in to this episode of Motech on Money to hear the full discussion on the market's record-breaking week, the proposed tax hike in California, and the LA Mayor's contest. Don't miss the expert insights and analysis from John Kilduff, Aidan Sean, and Michael Levine.

Dow ends week at record high with tech, new Fed Chair and Iran war in focus

https://api.omny.fm/orgs/a7b0bd27-d748-4fbe-ab3b-a6fa0049bcf6/clips/aa68faba-5357-4b54-89c6-b4530002eca9/transcript

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

Tech stocks retreat. Rick Caruso on LA leadership. Hope for a free Cuba.

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