Stocks end month at record highs, oil slides as President weighs Iran deal episode artwork

EPISODE · May 30, 2026 · 39 MIN

Stocks end month at record highs, oil slides as President weighs Iran deal

from 790 KABC · host 790 KABC | Cumulus Media Los Angeles

This week on Wall Street, the market is making history, with stocks hitting record highs for three days in a row. The major averages are closing at all-time highs, and the tech sector is leading the charge. But what's behind this sudden surge? Is it the potential US-Iran deal, or something more? Frank Mottek is joined by the one and only Ben Stein, to share his thoughts on the market's unexpected rally. Ben Stein, a renowned economist and financial commentator, brings his expertise to the conversation, pointing out the discrepancies between the market's performance and the reality of people's lives. He highlights the importance of consumer confidence and the need for meaningful change in affordability of housing in California. We also discuss the recent credit card delinquency spike and its potential impact on the economy. Join us as we explore the complexities of the market and the economy, and hear Ben Stein's insightful analysis on the current state of affairs. Listen to the full episode to hear his thoughts on the Iran deal, the California economy, and the future of the market.See omnystudio.com/listener for privacy information.

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Stocks end month at record highs, oil slides as President weighs Iran deal

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