Dow jumps 1325. oil sees biggest drop since 2020 on Iran cease fire deal

Frank Mottek dives into the latest market rally and its implications on the economy. Paul Dietrich, chief investment strategist at Wedbush Securities, shares his insights on the recent ceasefire deal between the US and Iran, and how it may impact oil prices and the stock market. We also discuss the potential effects on inflation and the job market, as well as the current state of the economy in the Los Angeles area. Additionally, we're joined by Mayor Sharona Nazarian of Beverly Hills, who shares her thoughts on the situation in Iran and the impact on the local Persian American community.See omnystudio.com/listener for privacy information.