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

41 min · 23 de may de 2026
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portada del episodio Dow ends week at record high with tech, new Fed Chair and Iran war in focus

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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. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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episode Dow, SP500, Nasdaq hit new highs in first record trifecta of 2026! artwork

Dow, SP500, Nasdaq hit new highs in first record trifecta of 2026!

Today was a historic day on Wall Street, with all three major stock market averages closing at record highs for the first time this year. The Dow, S&P 500, and NASDAQ all saw significant gains, with the Dow popping 183 points to settle at 50,644. But despite the optimism, consumer confidence is at a record low, with the University of Michigan survey revealing that consumers have never felt worse about the economy. What's behind this disconnect between the stock market and consumer sentiment? Frank Mottek dives into the latest market trends and expert analysis. Our guest, Daniel Ives, managing director and senior equity research analyst at Wedbush, shares his insights on the AI revolution and its impact on the tech sector. We also discuss the latest developments in the Middle East, including the potential deal between the US and Iran, and its effects on the global economy. Additionally, we explore the ongoing closure of the Strait of Hormuz and its impact on oil prices and the economy. If you're looking for a deeper understanding of the current market trends and their implications for the economy, tune in to this episode to hear our expert analysis and insights. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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