Markets react to strike on Iran

0:00Every day, excessive delays and denials from big insurers keep patients from accessing the care they need. And when care is urgent, these delays can be disastrous. These practices cost billions in wasteful spending, driving up costs for American families. But while big insurers put up barriers, America's hospitals and health systems are in your corner, navigating endless reviews and appeals to get you the care you need when you need it most. It's time to curb these harmful practices and put the focus back on patients. Brought to you by the Coalition to Strength in America's Health Care. Good afternoon, getting right down to business here. We're doing it live doing more at four a week, the afternoon's right after the guy Benson show a three and just before the 790 KBC news blitz with Randy Lang at five Motek on Money live on the air from 790 KBC streaming live online worldwide at KBC.com and your on demand Motek on Money podcast KBC.com Apple iTunes Spotify YouTube all your favorite podcast platforms. It's a historic day on Wall Street and indeed for the world has the US and Israel attack Iran wiping out Iran's leadership.

1:03Been watching a wild day on Wall Street starting lower, but ending the day mixed. There's an old saying on Wall Street when the bullets by when the bullets fly, they say or bombs or missiles fly and that appears to what investors did today. Tough announcement from the US Central Command this afternoon saying a total of six American soldiers have now been killed amid the ongoing conflict with Iran after the bodies of two more service members were located. The sent-com statement said US forces recently recovered the remains of two previously unaccounted four service members from a facility that was struck during Iran's initial attacks in the region. Israel hacked into Tehran's extensive traffic camera network in order to track the body guards of Iranian Supreme Leader Ali Khmeri and other type of Iranian officials according to the financial times Iran's cameras believed to be part of the state surveillance apparatus that allows them to identify and pursue protesters and regime opponents. But the Mossad, the Israeli intelligence service was able to use them against the regime.

2:05We'll talk about that and know all the major developments over the weekend and currently with Dan Revy, Middle East expert, former network news correspondent and author of books about the Israeli intelligence service, including his latest target, Iran, he's also host of the Mossad Files podcast. Also later the sour run by Abraham Cooper, associate dean and director of global social action for the Simon Deezenthal Center will be joining me live later the sour oil prices surge in all this after US and Israeli strikes on Iran showed signs of sparking a widening conflict across the Middle East. We didn't see the price of oil right now move higher. It's at around $70.78 a barrel in New York, price of gold spiked today right now hovering at around 5357 an ounce silver also got a pop now above $90 an ounce. The Dow came in for a closing loss of 73 points today, the S&P 500 managed to close in gain of three points and the NASDAQ gained 81 points. US Treasury yields pushed a bit higher with the yield in the 10 year note, moving to 4.03

3:07percent here at the moment, defense stocks rallied today after the US Israeli strikes on Iran. Most notably shares of Lockheed Martin moved higher north of Grumman, both the large presence here in the Southern California area. Worries that attacks in Iran could spur a lasting increase in energy prices, causing a sell-off in government bonds today with that yield pushing above 4 percent. Airlines, of course, very energy sensitive, a global carrier's extended cancellations and rerouted flights to avoid the Middle East today. Joining us live now top ranked money manager Ken Wyden's president and chief investment officer at Wyden's investments at Wyden's investments.com, Ken Wyden's also a market historian, author of numerous books as latest as investment Atlas 3 also forms magazine contributor. He has his crypto credentials too and we saw cryptos move nicely higher today for a change. Ken Wyden's also host the winning with Wyden's podcast and also heard in the Las Vegas area. And of course the Wyden's wealth minute features right here on 790 KBC.

4:08Ken Wyden's, thank you very much for taking the call live with us here this afternoon. Well Frank, the audience might not know, but you and I are texting each other all the time and when this came out on Saturday night, I think I sent you a late night text and certainly all day yesterday we were having the same communication. You know, one of the benefits of being in our industries as long as we have been is that we've witnessed a lot of geopolitical events. I'm old enough to remember when the hostages, the embassy hostages were taken in Iran and certainly for those that might remember the 1987 crash, I remember distinctly during that same week, we took out offshore oil terminals that belong to Iran because they were firing missiles at our tankers. So when people say this is a sudden situation or a sudden buildup, it's certainly not the case. This has been going on for a very, very long time, not to mention certainly the casualty we had in Iraq and Afghanistan and many of them were munitions made in Iran.

5:09So again, we're not surprised by any of this, but I would say that we have had several things that I think investors need to think about. You and I have been talking about it for pretty much the entire, really since the beginning of this year, that what went up last year might not be what leads this year and I think this is where it's going to be very much part for the course. Let me give you a comparison, Frank. We've been focusing so much on AI and this change in technology. You just rattled off several of the big high tech military companies. I would argue that the drone technologies have had the same effect in military as AI has had in technology and there's a lot of companies that most people probably don't even know the name of, but those drones that have been flying around coming out of the U.S. arsenal are made by these companies. So I do think this is a pivotal time for investors to make some changes that I think you're going to go on for a good part of this year and probably next on your live with top-ranked money manager Ken Weinens and was a nervous night futures pointed sharply

6:12lower than we saw the opening today started lower, but ended the day mixed a lot of emotion in this market here, Ken, going back to all of the events that you've tracked in your great books over the years and Vetsman Atlas 1, 2, and 3, obviously people think about what happened with the Persian Gulf War, the first one, and then the second one, what history lessons can we learn in this situation here? Frank, I say this and I only say this that it's an economic equation, it's not an ethical decision. Unfortunately wars do create profits, you know, certainly this government spends a lot of money on military campaigns. When you go back and look at Iraq and Afghanistan, that costs this country nearly 8, possibly 9 trillion dollars, depending on how you want to add it up. So it is very costly, but that money goes to companies that make armaments and so you're going to see a very similar situation here to a point. You know, I, again, and I don't think we're going to get into it personally speaking.

7:16I don't think we're going to get into a long, protracted, endless Vietnam style or rock style war, but again, these news, these news, the munitions that we're using will have to replenish our stockpile and certainly replenish the stockpile of our allies. So again, I think that these new AI type of military stocks are must that people need to think about in their portfolios. Well, very much in focus today with the closing of the Strait of Hormuz, which certainly is an epic development, a lot of nervousness in the energy markets today. We saw oil move around 71 dollars, a barrel in New York, even higher in London, which is the global benchmark, the Brinkfruid number. What about oil and all this? You know, I think you're also going to face a real natural gas in there because those LNG terminals in the Middle East have all been shut down as well. Actually, it's interesting for us now that we are back to fracking and back to doing or expanding offshore drilling. Having oil break past 70 was an important point for those companies that are developing

8:23those assets. I think that you're going to find that it will not have the same effect that it did in the past or in past wars because again, we are a dominant player now. The other big thing that came out of the tragedy of this mess is that we are now more in alignment with Canada and Mexico, especially when I think it comes to petroleum or so certainly anything in Canada. I think we're just going to find we will be okay in this country. Now that doesn't change the fact that you're probably going to see some temporary pain at the pump, but we're just not going to have the same situation flare out of control that we did during the Arab oil embargoes or any of these other situations. It's a different wall from that standpoint. But Frank, on that note, of the physical commodities that I'm tracking, one thing that I'm noticing very clearly is that the agricultural commodities at large are moving north. It's very unusual to have it happen this early in the growing season. I mean, we're not even in the spring yet.

9:25There's snow still on the ground in the Midwest, but you're looking at soybeans are moving up, wheat is moving up, oats are moving up. It's all going in a positive direction. So I think our farmers are going to have a pretty good year. The markets are telling us that the Midwest will have a good season. All right. What about those who are trying to harvest crypto these days at Ken Weinens? I know you also have your crypto credentials. We've seen Bitcoin have a rough, well, year pulling back to as low as 60 half of where it was at its high point last year at 126,000 right now. It did move above 70 today. Bitcoin moved above 70,000 right now at just shy of 69,000. But it seems to have gotten to bounce in the last 24 hours or so. What are your thoughts about the latest moves in Bitcoin and the other cryptos here? You know, it's pretty funny that you'll always leave it to the financial community to come up with novel ways of trying to trade things. And there's a strategy called a pair strategy where I guess they're looking at

10:27going long gold and short Bitcoin or short ether or the same with silver. One of the big surprises today for me, Frank, is not a surprise that that crypto moved higher. But it was a surprise that silver did not today. Silver and copper actually were down on the day. And again, I think it's just again the reallocating of these alternative work type of strategies in these portfolios is having a play. I mean, I do think that if you can have Bitcoin and ether begin to form meaningful bottoms, meaning there's not a lot of selling, not necessarily a spike backup. Spikes are not necessarily the best thing for the long-term trend. But if you really do start consolidating down here, I think you'll start seeing more money will move back in that direction. What about the ETFs? I'm getting some emails about Ibit, for example, or Bitto, some of the ETFs related to a Bitcoin and of course, so the list goes on. You know what I think that Ibit especially, I mean a lot of people, that's kind of the benchmark

11:31for Bitcoin. For a lot of people who don't want to worry about wallets and security measures, they just want to be in something that trades kind of like GLD does for gold in the ETF space. I think it's fine. It's more than earned as a place to be traded as a respectable ETF. I personally would have no trouble putting it there. What I would suggest is this, there's that there are people, some people love to get into brand new ETFs. I strongly advise you to track them very closely for 90 to 120 days and see if they track well against what they're supposed to be invested in. Because I do find a lot of times, things wander off in strange directions when they are, when you're still trying to fare what they meant to be. But I do think that's one way to certainly play it. All right. We've seen mortgage rates come down. You have your own real estate index. So you track this very closely. The yield in the 10-year note, a couple of four percent. And now it's back above four percent. And that had brought down the mortgage rates. Recently, what's your reaction? What's happened in the treasury markets today?

12:34And the reaction that we've seen in the bond market? Well, I'll tell you what, it's kind of interesting when we start talking about housing in mortgage rates. Because one thing that I think we are finding is that as things seem to calm down, people are getting used to the idea that mortgages are where they're going to be. But Frank, the way that I look at housing, and you're right, I do have my own housing index where I track U.S. housing in the aggregate. But I'm looking at the real estate stocks. And there's 38 of them that I track. And these are old line companies. They've been around a long time. And that group is up 8 percent on the year, year to date, 2026. That is not the sign of a housing market getting ready to cave in and die. That looks to me like a housing market that's teeing up. And I think again, I'm talking about everything from home builders, material companies, logistic companies. In my case, I also throw in some of the furniture makers, because they make furniture specifically for houses or for offices. I think the picture is going

13:38to be pretty darn good as we go through the spring season now. The one caveat with that is that, again, real estate is still very territorial, very geographical. I know that in Las Vegas, things seem to be going very well here. People are moving forward. We still have the same affordability problem as the rest of the country, but it's for different reasons. It's really because of shortages. California, as we know, has a whole different set of issues. So I just think that there's a lot of green shoots coming out on this economy in places that have been dead for years. And real estate is one of those areas on their line with top-ranked money manager Ken Wynes of Wynes Investments dot com. And Ken, the airlines that took a hit today as a fuel prices rose. And of course, a travel was disrupted due to the the military action in the Middle East. And God bless our service people. You yourself are veterans. So thank you for your service to the United States. And what a weekend it was. And looks like this is going to be ongoing for weeks. If not longer, what about the impact on the airlines and travel and you're right there in Vegas

14:42right now? What are they saying about the potential impact on this? You know, most people I talked to you about on social in the airline space. The effect of the airlines was especially we're on more of the international carriers than they were the domestic carriers. Again, you look at things like, you know, some of the companies like Southwest or certainly any of the other domestic guys. They just don't seem to be affected by the geopolitical things. What I think they see coming though, and I'm seeing it especially in Las Vegas, Frank, I was out again this weekend. And if the places I went to were packed and guess who it was packed with Canadians. So again, whatever problems there were before, now that we have hockey season back, we're kind of back to being friendly cousins again and it's working. So I don't think it's going to have a long term effect there. But what I would say is this, if you get into a situation where there are parts shortages, there's certain parts for certain planes or certain aerospace components, and you need the difference between the military and the civilian sectors. Right now,

15:45the military is going to win out. That would be my only concern. If you start getting delays in new jets and that you're finding there's shortages with the airlines, that kind of thing worries me more than the oil situation. All right. So only the defense name's got a pretty big bounce today. I'm looking at Lockheed Martin up more than $22 at $676 and change Boeing, which had a rough couple of years up more than two today to $229 and change north of Grumman, nearly $44 to $768 and change any favorites there in the defense sector and in any other specific places where you'd be putting money now and or taking off the table. Well, here you go, my friend. I'm going to give you some new names to add to your defense list, old GE, the old symbol, but it's now GE Aerospace. You're also going to want to look at Cratt Toast Defense, C-T-O-S. They're a drone maker, and now it's a very volatile stock, but it was up 5% today. You also want to take a good look at Curtis Wright, the old Aerospace company. Another name that most people have never heard of before,

16:45a company called How Met H-W-M, and then this one has a funny name, M-O-G-S-A, and I'm going to throw RTX into that mix too. Those are all defense names that have to do with missiles, drones, part components to radar systems. That's where this war is going. It's not boots on the ground. It's what's these amazing new technologies. In the oil space, I'll tell you, I mean, I think there's some names that I would look at, but Imperial Oil is one that I own, and it's in bi-position. I also like in the natural gas transportation area, Williams Group, and then, of course, I think, again, we talk about IBIT and the crypto space. I still think if anybody is underweighted in the metals, especially gold, go by GLD, the ETF for gold, I think, this is a time for people to pivot. Pivot now, because otherwise, you're going to watch the horse continue to run, you know, way past the barn. All right, and then there's Apple. It got

17:46kind of buried in all the news today. Apple unveiling a new iPhone, the 17E, a new iPad Air, and Apple stock closed slightly higher today. What about that? What would normally be a big announcement, but got kind of buried today in all the other big news? I think the way the market reacted to it. I mean, it certainly wasn't down, but it wasn't up. I mean, I'm just looking at the simple fact that in the last 20 months, Apple has gone up a whopping 5%, just doesn't excite me. I'm looking for not necessarily new, as in famous new, but, you know, the simple fact of the matter is Apple needs to develop something new. In my opinion, or maybe they make their media plays workout better, such as what they did with the F1 movie, which is one of my new favorite movies, but you got to see more of that from Apple. And I also think to final point, like a lot of the California based tech companies, there's a serious amount of soul searching going on right now with the billionaires tax, you know, the headquarters tax. And I do think you're going to see some

18:49of these giants beginning to wanting to relocate out of California. Ken, thank you very much for taking the call on this historic date today that it's top-ranked money manager. Ken Wynan's president and chief investment officer at Wynan's investments at Wynan's investments.com. And the books include investment atlas one, two, and three Forbes magazine contributor. And I'll be sure to catch the Ken Wynan's podcast, winning with Wynan's also heard in the Las Vegas area in the wealth minute features here in 790 KBC. Ken, thank you very much for joining us live this afternoon. My pleasure, Frank. Take care. When you really need care, you need 24-7 access to a care team, not a maze of paperwork from a third party. Every day, America's hospitals and health systems show up for you. Navigating healthcare can fuel overwhelming. But you can count on real doctors, real nurses, real people, providing quality around the clock care when you need it most. They're in your corner. In communities across America, your neighbors, your lifelines, right beside you holding your hand and helping find answers. That's what putting patients first to actually means. Learn more at strengthinhealthcare.org. Brought to you by the coalition to strengthen

19:50America's healthcare. Hi, this is Alex Cantrowitz. I'm the host of Big Technology podcast, a longtime reporter and an on-air contributor to CMBC. And if you're like me, you're trying to figure out how artificial intelligence is changing the business world and our lives. So each week on Big Technology, I bring on key actors from companies building AI tech and outsiders trying to influence it. Asking where this is all going, they come from places like Nvidia, Microsoft, Amazon, and plenty more. So if you want to be smart with your wallet, your career choices, and meetings with your colleagues and at dinner parties, listen to Big Technology podcast wherever you get your podcasts. I'm Adam Devine, chief fundraiser for Children's Miracle Network. We'll fund it up. It'd better be fun. Have you ever wondered how our network actually works? Oh, wonder, no more. With the support of partnering businesses and individual donors, we help raise crucial funds for 170 children's hospitals across the United States and Canada. Hospitals that provide life-changing care for all kids. Visit us online at cmm.org.

21:20Bitcoin moving mostly higher today did kiss 70K once again right now just below 69,000. Motaka money continues here in 790 K ABC. Nervous start, lower start on Wall Street, but a mix finish today with oil very much in focus. As Iran closed the straighter hormones following the dramatic developments over the weekend. Israel and the US pounding Iran in the early morning hours and Iran, the attacks continue in a campaign that President Trump said would likely take several weeks with the Iranian leadership wiped out. Joining us live now is Dan Revy, Middle East expert, former network news correspondent, author of books about the Israeli intelligence service, including his latest target Iran, also hosts of the Mossad files of podcasts. Dan Revy, thank you very much for taking the call live with us here this afternoon on an exact afternoon. Good to be with you, sir. Give us your reaction to the epic news over the weekend. Well, I mean, the epic part of it really is that in the first hour of the outbreak of this war early Saturday morning in the Middle East, the leader of Iran,

22:25the supreme leader, Ayatollah Khomeini, was killed. It turns out that US intelligence found out that he was going to be at a meeting with senior Iranian leaders working very closely with Israel. The Israelis were told by the Americans and it was Israel's air force, according to both US and Israeli officials, Israel's air force that dropped heavy bombs on the leadership neighborhood of Tehran. It took quite a few hours for the Iranians to confirm that their supreme leader, a man in his 80s who had been in charge as a dictator in Iran for more than 35 years was dead. Now, that was big, of course, but Iran didn't give up the war. They've been retaliating. They've not just been hitting Israel, but Frank, I know you noticed that the Iranians have been firing missiles and drones at half a dozen Arab countries in the Gulf. It's difficult to know just what they're up to hitting Saudi Arabia, even Qatar, which had been the mediator in talks

23:32between the US and Iran. Are you trying to make the Arabs angry or trying to pressure the Arabs to beg President Trump to call off this war? It's a very odd retaliation by the Iranians. What do you think will happen? Will the Saudis attack Iran? Will these other countries that have been hit by Iranian missiles attack Iran as well? Yeah, it looks like it kind of is a matter of that those Gulf Arab nations feel they do have to hit Iran. The governments want to tell their people that we did something after we were attacked. Qatar was indicated in words. I think you're right about Saudi Arabia. Now, I don't think that's the meaningful part because it is the Israelis who have up to 200 war planes constantly circling, they're calling it an aviation train going from Israel about a thousand miles to Iran and they just dominate the skies with the US. Total

24:33cooperation with the US, a Pentagon official revealed that US planes, you know, the big tanker planes are refueling the Israeli Air Force planes. So a remarkable cooperation. We've never seen anything like this. On their live with Italy, thanks for Jan Revive and Dan since you're an expert on the Israeli intelligence service one report that did get my attention. I mentioned it earlier here is that reportedly Israel hacked into Tehran's extensive traffic camera network in order to track the bodyguards of the Supreme Leader is now dead and other top Iranian officials also now dead according to the financial times of the cameras believed to be part of Iran's surveillance apparatus that allows them to identify and pursue protesters and regime opponents. But it appears the Mossad was able to use them against the Iranian leadership. What do you know about that part of the story? Yeah, you've put that very well and I have to say I did not personally get that detail involving the traffic lights, Tehran and the traffic cameras, but totally makes sense. I would say

25:39the Israeli specialty is tracking where everybody's moving they could do it. That way they could do it by tracking the mobile phones of both the government officials and their bodyguards. I mean, that did leak out after last June's 12th day war that all the phones were hacked into by the Israelis. So they have a remarkable lead when it comes to intelligence having penetrated Iran. But Frank, let's be very serious about war once it breaks out, right? A war, you know, the Israelis and the U.S. can start it together. Secretary of State Rubio said in the past couple of hours on Capitol Hill that the U.S. felt it had to act because war was going to erupt between Israel and Iran. But how do you end the war? How long will it last? President Trump indicated four weeks or more. We don't know if the U.S. and Israel will run out of missiles or will the Iranians, you know, run out of missiles? It could be a mathematical game at some point.

26:40And it is to be noted, the war really started on October 7th, 2023, when Hamas attacked Israel and that horrific attack in the very next day. As we discussed here, I believe on this program, very next day of the Wall Street Journal laid out in great detail how Iran had supported that horrific attack on Israel, right? Yeah, that's a widespread belief. Indeed, that Iran was, was, was financing and supplying arms to Hamas and Gaza, of course, for decades to Hezbollah in Lebanon and trying to cause a ring of fire around Israel to bring down the Jewish state of Israel itself. Now, according to Prime Minister Benjamin Netanyahu, Israel is winning a comeback war, right? October 7th was terrible for the Israelis with the kidnappings of the hostages and all those deaths in Israel. But this comeback against the Hezbollah in Lebanon, now against the Iran directly. And here's a political fallout for you. Netanyahu faces an election in Israel that must be held by October. He could call it even earlier. And so that's all part of the picture.

27:44Netanyahu may have honest reasons to try to eliminate the Iranian nuclear and missile threats right now, but we all know there's an election this year and may President Trump is aware, there are midterm elections in the U.S. as well. A lot of political risks when leaders go to war. On their live with Middle East Act for Jen Revee and Dan Israel is coming to attack in all this over the weekend, also from Lebanon, right? And I believe Israel retaliated against Hezbollah targets in Lebanon. What about on front? Yeah, I would say that last night what Hezbollah did from Lebanon was minor. It was not big, but Israel immediately wanted to show the Shiite Muslim party, the Hezbollah of Lebanon, that that's not acceptable. And so Israel's air force has been pounding, not for the first time, but really hard, the neighborhood of southern Beirut, where the leaders of Hezbollah are located. It's a big lesson. The Israelis are also hoping that Lebanon's government will crack down on Hezbollah. That's a hope that the U.S. and Israel has had for years. So that

28:49almost a side show, though it would be very bad for Israel, of Hezbollah did fire thousands of rockets from the North into Israel. I would say that Israel right now is focused, of course, mostly on Tehran, even these overnight hours. I mean, right now in Israel, it's 244 in the morning, even later in the overnight in Tehran, and there have been exchanges of missiles even in the past 90 minutes. And the U.S. aircraft carriers have been strategically a position. One appears to be a shielding hyphen and the rest of Israel, the other, of course, the spear involved in all of this. So what about the military movements that you're tracking? Yeah, what a good point. The former head of central command, David Petraeus, who referred to the aircraft carrier Abraham Lincoln as honest Abe. I guess that's what they call it in the U.S. Navy. An honest Abe is located just outside the Strait of Hormuz near the Gulf countries that need protection right now, but able to attack inside Iran. So the Abraham Lincoln aircraft carrier

29:54on the attack, submarines can launch missiles, of course. Whereas the other aircraft carrier, the Gerald R. Ford, as you said, in the Eastern Mediterranean, kind of between Cyprus and Israel, a lot of shooting down of incoming missiles and drones. I understand the U.S. has been helping Israel. By the way, you might have noticed not a lot of information from the U.S. military. They are mourning the loss of six U.S. service personnel, right? Most or all were killed in Kuwait by incoming fire from Iran. And President Trump said it's really a shame. These things happen in war. But beyond that, I am finding the Pentagon is not giving us a lot of detail, but obviously what the U.S. is doing is big. And President Trump says the biggest attacks on Tehran are still to come. Dan Revive, former network news correspondent of a familiar voice to radio listeners worldwide, also Middle East expert and author of numerous books on the Israeli intelligence service, including the book Every Spire Prince was written some years

30:59ago. And we've been talking there ever since Dan Revive. Thank you very much for that thorough updates. Live with us here this afternoon. My pleasure, Frank. I'm Adam Devine Chief fundraiser for Children's Miracle Network. We'll fund it up. It'd better be fun. Have you ever wondered how our network actually works? Oh, wonder no more. With the support of partnering businesses and individual donors, we help raise crucial funds for 170 children's hospitals across the United States and Canada. Hospitals that provide life-changing care for all kids. Visit us online at cmm.org. Hi, this is Alex Cantrowitz. I'm the host of Big Technology podcast, a longtime reporter and an on-air contributor to CMBC. And if you're like me, you're trying to figure out how artificial intelligence is changing the business world and our lives. So each week on Big Technology, I bring on key actors from companies building AI tech and outsiders trying to influence it. Asking where this is all going. They come from places like Nvidia, Microsoft, Amazon,

32:02and plenty more. So if you want to be smart with your wallet, your career choices, and meetings with your colleagues and at dinner parties, listen to Big Technology podcast wherever you get your podcasts. The expectation and the norm is to win, and that is what we will be able to do here. I believe in the power of UCLA. It's a new day for UCLA football. A new head coach Bob Chesney taking charge and we need you to be a part of it. The right man is at the Hellman Westwood and the time is now for you to put your support behind the Bruins. UCLA football is ready to win, and we can't wait to see you this fall. Visit UCLA Bruins.com slash tickets for more info on how to secure your seats for the 2026 season. Go Bruins! Motaka money continues. 790KBC. Huge celebrations on the streets of Los Angeles. In Westwood, little Tehran and other places around the world with large Persian immigrant populations who fled the Iranian Revolution in 1979 and a dramatic attack over the weekend. The US and Israeli militaries wiped out Iran's supreme leader in dozens of other top Iranian leaders,

33:03including a former Iranian president who called for Israel to be wiped off the map. Those leaders have been killing their own people and demonstrations recently in Iran as the Iranian economy collapsed. Meanwhile, Israel and the US pounding Iran today in a campaign that the president, President Trump said, would likely take several weeks to run and its allies did hit Israel today with missiles and Gulf states and targets critical to the world's energy production including the shutting down of these straight-of-war moves. Following all of these epic developments closely, joining us live now is Rabbi Abraham Cooper, associate dean and director of global social action for the Simon Vies and Thal Center Museum of Tolerance in West Los Angeles. Rabbi Cooper, thank you very much for taking the call here and give us your reaction to these epic developments. Well, first, just on a personal level, of course, the musical center opened in 1977 and shortly thereafter thousands of refugees came in from Iran to Los Angeles. They've done so much for our community, the Jewish community, and generally.

34:08And of course, always their real hearts is when could they get rid of that horrible regime, race of halabi, spoken twice at the museum. So where we feel very deeply their pain over these years, and now their hope. And they have to, of course, listen very carefully because it's still not safe for them to go out in the street and throw the bombs out if you will because you still have a very powerful embedded about a million people associated with this mafia type of regime. And while they've been maybe decapitated at the top, there's still a lot more to be done. And the battle of missiles and drones is quite devastating. It's also hit, I'm on the phone with my own grandkids and kids in Jerusalem. And elsewhere, we don't really understand the power of one of those missiles hitting. It can take out, not just, it can take out four or five high-rise buildings

35:14in one area. So the devastation is not over and not for Israelis. And of course, one of the weirdest decisions of all was the Iranians promising their neighbors in the UAE and the rest that they wouldn't hit them. And after all, they were friends and they have now attacked them. Quite jealous of the even Qatar. And just before we started to speak, the US Embassy in Riyadh announced that they had absorbed two drone attacks. There might be a third one coming. So it's a very powerful and incredible start, quite a partnership between the US and Israel. But it will take quite some time. And unfortunately, we'll be more casualties. Having said all of that, when you speak to someone who fled Iran, who saw his loved ones there, just the idea that this regime now is being cut off at the top is just sort of an empowerment.

36:22It's a boost. There may be a reboot for the histories of their own families. On their alive with Rabbi Abraham Cooper at the Simon-Vision Thal Center in the Museum of Tolerance in West Los Angeles, what's your reaction to the to the death of Kameni? And of course, the former president Amidina Jad, who over the years, remember your comments, you've dedicated your life against anti-Semitism. And this is the guy that wanted to see Israel wiped off the map. What's your reaction to these to the wiping out of that group? Well, with Ahmed Dinajad, I was in Geneva with Ellie Wiesel, a blessed memory at the UN. And I won't repeat the kinds of violent language used by his authorized when they so and recognized Wiesel. You know, tonight, the Jewish people start the holiday of Purim, talking about the first time someone in Purj will want to destroy all the Jews. Hainan, what's our reaction to the to the getting rid of this regime? It's the right time of year.

37:29It is a cause for hope and celebration. But we're now talking about a regime that has produced tens of thousands of ballistic missiles. And who knows how many drones? In order to really end this, so we can turn it over to the people to write the new chapter in Iran, you have to really destroy not just the head of the snake, but the entire group. And also, let's remember that has to let Jess join that war against Israel again a few hours ago. So unfortunately, there's a lot more battles ahead, if you will. Most of it, high tech, but we hope and pray for the day that we can we talk about after the job or for many, we can put them into the same garbage dump as we do with Hainan. And as either this war has been going on since October 7, 2023, right when Hamas attacked Israel.

38:32And the rain next day, as we noted on this program of the Wall Street Journal on the front page, spelled out Iran's fingerprints all over it. And now, as you mentioned, Hezbollah attacking Israel as well. And unfortunately, there have been some casualties in Israel with these attacks continuing. So for for Israelis, this is their goal here is to put a closure on October 7, 2023, which means the total defeat of the Iranian regime and everything it stands for. And all of their lackeys, Hezbollah, Hamas, the Houthis. It's a very tall order, but as we see from the sheer numbers that the Iranians still have of just missiles to get the nuclear threat, which they're trying to rebuild, President Trump and the beeping is, again, we're right to move now. Six months from now, who knows what would be a year of war? Nobody wants to go to war, but for Israel,

39:35Iran has always been an existential threat. And the regime, by virtue of the fact that now shooting at their Arab neighbors, probably, you know, with the demand that the late Ayatollah shows you, we're not dealing with rational people, we're dealing with people who feel they're on a mission from God, a weird and outrageous worldview, but deadly, dangerous. And whatever you think of President Trump domestically or other issues, you have to give him credit for taking the top off of this snake. Without it, in a very sharp period of time, those ballistic missiles could have been landing in the East Coast through the United States. Robert, thank you very much for taking the call on these historic news. And as Poron begins, thank you very, very kindly for joining us. We'll keep an open line to you as we follow what's happening very, very closely. That is Rabbi Abraham Cooper, Associate Dean and Director of Global

40:37Social Action for the Simon Bezos Falls Center Museum of Tolerance in West Los Angeles, live with us here on Motek on Bunny on 790 KBC. On this historic day, we saw the stock market sell off, but then turned around and closed mix the Dow down 73 points today. The S&P 500 up three and the Nasdaq gained 81 gold is above 5,300 announced crude oil to shy 71 dollars a barrel. Stay tuned out for the 790 KBC News Blitz with Randy Wang. I'll be back with more at 4 tomorrow here on 790 KBC. Hi, this is Alex Cantrowitz. I'm the host of Big Technology podcast, a long time reporter and an on air contributor to CNBC. And if you're like me, you're trying to figure out how artificial intelligence is changing the business world and our lives. So each week on Big Technology, I bring on key actors from companies building AI tech and outsiders trying to influence it. Asking where this is all going, they come from places like Nvidia, Microsoft, Amazon, and plenty more. So if you want to be smart with your wallet, your career choices,

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