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.

Oil Prices Soar as Middle East Tensions Escalate
36:52

Oil Prices Soar, Inflation Worries, and the Economy
39:11

Stellar Jobs Report Sends Stocks Lower as Bets Move to Higher Rates
37:12