Stocks end week with a pull back from record highs on oil fueled inflation

Frank Mottek wraps up a wild week in the markets, with stocks pulling back from record highs. The S&P 500 took a hit, down 537 points, as oil prices surged and inflation concerns rose. But amidst the chaos, there were some bright spots, including a big win for AI stocks, with Cisco and Microsoft leading the charge. Our guest, veteran investment expert Bryan Perry, breaks down the market's latest moves and shares his insights on what's driving the AI trade. We also talk to Brian Goldsmith, a California State Senate candidate running in the highly competitive District 24, about his plans to tackle the state's pressing issues, from homelessness to the film and TV tax credit. Brian Perry shares his expertise on the AI trade, including the companies he's investing in and why he thinks it's a game-changer. We also get an inside look at the California State Senate District 24 race, where Brian Goldsmith is vying for the seat vacated by Democratic Senator Ben Allen. From the markets to the ballot box, this episode covers it all. Brian Perry gives us the lowdown on the latest market trends and shares his predictions for the future of the AI trade. We also hear from Brian Goldsmith, who's running on a platform of simplifying business regulations and tackling the state's pressing issues.See omnystudio.com/listener for privacy information.