Mottek On Money

Stocks rally to record highs but end the week with a pull back on economic uncertainties over the coronavirus in China. January jobs report shows employers added 225K jobs, unemployment rate ticks slightly higher to 3.6% coming off a 50 year low. Tesla takes a wild ride to record highs. Ken Winans, President, Chief Investment Officer, Winans Investments discusses the rally and what market history tells us about pandemics. Bill Allen, President/CEO, LAEDC, previews the LAEDC Economic Forecast event on February 19th. Hollywood director J.J. Abrams hosts a pre-oscar U.S. Ireland Alliance Oscar Wilde Awards event honoring another Hollywood giant, Norman Lear. Plant based meat is on the menu for celebrities at the Academy Awards Governor's Ball. Celebrity Chef Wolfgang Puck tells us what he's preparing this year and discusses his growing restaurant empire. Real estate outlook discussed with  Dr. Frank Nothaft, Chief Economist, Corelogic including the latest readings on Los Angeles real estate and mortgage rat

Concerns about the economic impact of deadly coronavirus spreading in China send stocks moving lower after starting 2020 at record highs. The Dow wraps up the month of January with a 603 point one-day plunge, erasing 2020's gains. The U.K. breaks away from the E.U. in the long awaited "Brexit." The Fed holds the line on short term interest rates. Analysis on the major news of the week from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and extended market coverage with Mark Hulbert, Marketwatch columnist and publisher, Hulbert Digest. Mortgage rates touch three year lows. The legal cannabis business not playing out as expected in California with financial and health concerns being raised. The cannabis outlook discussed with Dr. Kevin Sabet, PhD, Co founder of Smart Approaches of Marijuana, former White House Drug Control Policy Advisor, Author, “Reefer Sanity: Seven Great Myths About Marijuana. He will be a panelist at the free Sheila Kar Health Foundation healt

Investors turn cautious as the deadly coronavirus in China spreads causing concerns about health, travel and the global economy. Stocks pull back from record highs achieved over the past week. Analysis from veteran market strategist Hugh Johnson, Chairman, Hugh Johnson Advisors. Stephen Cheung, President, World Trade Center Los Angeles discusses the latest trade developments and outlook. Mark Thorpe, CEO, Ontario International Airport, on the airport's recognition as the fastest growing for the second year in a row. Consumer advocate Ralph Nader, former Green Party presidential candidate, sounds a warning about stock market valuations, discusses top consumer issues of 2020 and his latest book Fake President.Support the show: https://www.frankmottek.com

2020 continues its roaring start on Wall Street with stocks popping to record highs. The markets cheered the signing of the phase one U.S. China trade deal, the U.S. Senate passage of the USMCA trade agreement, strong retail sales and corporate earnings. Art Hogan, Chief Market Strategist, National Securities, discusses the record shattering week and outlook. Gene Seroka, Executive Director of the Port of Los Angeles reacts to the latest trade news. An American hero is honored in Beverly Hills: Astronaut and naval aviator Captain Jim Lovell, commander of Apollo 13 receives the Living Legends of Aviation Award and the Jeff Bezos Freedom’s Wings Award. Steven Barber, documentary film producer, on new plans to honor Captain Lovell for the 50th anniversary of Apollo 13 this year. The 2020 outlook on residential and commercial real estate discussed with Jonathan Lee, Principal & Managing Director, George Smith Partners and Jeff Lazerson, President, Mortgage Grader. LA County Assessor Jeffrey Prang remind

Stocks extend a record shattering New Year's rally sending the Dow above 29,000 for the first time. Financial markets were briefly spooked after the U.S. and Iran faced off in the MIddle East. The outlook on the markets and the economy discussed with giants in the financial world including Scott Minerd, Global Chief Investment Officer, Guggenheim Partners and Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. The focus of attention now shifts back to trade with President Trump set to sign the phase one US China trade agreement on January 15th. The USMCA trade deal moves closer to approval in the U.S. Senate. Trade issues discussed with Dr. Peter Navarro, Assistant to the President and Director of the Office of Trade and Manufacturing Policy. Aaron Kirman, one of the top real estate agents in the world based in Beverly Hills talks about the luxury real estate market and his new CNBC show "Listing Impossible."  Jeff Lazerson, President, MortgageGrader, says mortgage r

Happy New Year! A roaring start to 2020 for the stock market continuing the record shattering 2019 rally. Stocks hit new highs on the first day of trading in the new year. A surprise U.S. air strike kills Iran's top general sending stocks lower, oil and gold higher on the second day of new year trading. The impact on markets and consumers discussed with John Kilduff, Founding Partner, Again Capital and CNBC Contributor, Mark Hulbert, Marketwatch Columnist, Publisher of the Hulbert Digest and David McAlvany, CEO, McAlvany Financial Group. Wall Street veteran Art Cashin, Director of Floor Operations, UBS, talks about the 2019 rally and a stock exchange new year tradition. Labor law attorney Thomas Lenz has the latest on the new California labor laws in 2020 and their impact at your workplace. Prominent entertainment industry attorney Howard Weitzman discusses Michael Jackson at the top of the latest Forbes magazine list of highest earning deceased celebrities in 2019.Support the show: https://www.frankmottek.co

Here comes Santa Claus... Big year end rally continues sending stocks to record highs and the SP 500 within reach of its best year since 1997. A look back at the market's impressive 2019 performance and a look ahead at how the market is setting up for 2020 with Bryan Perry, editor, Bryan Perry Investing and author of the 25% Cash Machine. Mortgage rates head into the new year near historic lows. New California labor laws are set to kick in at the start of 2020 including AB5 which extends employee classification to workers in the gig economy previously classified as independent contractors. Labor law attorney Thomas Lenz, partner, Atkinson, Andelson law firm explains what workers and employers need to know. Teamsters Union Local 952 Secretary Treasurer Patrick D. Kelly discusses AB5 and the outlook on labor issues heading into 2020. Happy New Year!Support the show: https://www.frankmottek.com

Stocks rally to record highs on the latest readings on the economy, consumer confidence and trade deal optimism despite impeachment drama in Washington. The epic 2019 rally and the outlook for 2020 discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Gene Seroka, Executive Director of the Port of Los Angeles and Stephen Cheung, President, World Trade Center Los Angeles react to the phase one US China trade deal and the USMCA trade agreement now moving toward approval in Congress. West Hollywood pawn shop icon Elliott Salter discusses the trend this holiday season of buying second hand items for gifts as he celebrates 50+ years in business. Rich Polemini, Chairman of the College Savings Foundation, says gifting money for education through 529 plans is easier than ever. Jamie Masada, owner of the Laugh Factory, celebrates 40 years of cranking out comedy and continues his holiday tradition of providing a Christmas party with lots of laughs for people without fa

The U.S. and China announce a "phase one" trade deal which includes the U.S. dropping plans to impose new tariffs on $160B of Chinese imports beginning December 15th which would have likely boosted prices on consumer products including toys and smartphones. In return, among other things, the U.S. says China agreed to buy $40B a year in U.S. farm products over two years. Stocks hit record highs. Analysis from Art Hogan, Chief Market Strategist, National Securities. Reaction to the trade deal from Mario Cordero, Executive Director, Port of Long Beach. The largest cruise ship in the Carnival Cruise Line fleet is christened at its new home port in Long Beach. Carnival Corporation President/CEO Arnold Donald talks about the historic occasion and the economic impact for the area. The L.A.-area commercial real estate picture looks strong heading into 2020. Spencer Levy, CBRE, Chairman of Americas Research and Senior Economic Advisor, discusses the latest trends.Support the show: https://www.frankmottek.com

Successful entrepreneurs tell their awesome success stories on a Special Edition of Mottek On Money. Betty Porto, co-owner of Porto's Bakeries and Cafe, tells about how her Cuban immigrant family's entrepreneurial spirit created an iconic business in Southern California. Another rags to riches story from billionaire, philanthropist, serial entrepreneur John Paul DeJoria, co founder of Paul Mitchell hair products, Patron Tequila and Rokit Smartphones. Shark Tank panelist Kevin O'Leary highlights some of the most successful entrepreneurs on the show and shares how he got started on the path to business success. The Dean of the Wharton School of Business talks about entrepreneurship in his first interview since being named new Dean of the USC Marshall School of Business.Support the show: https://www.frankmottek.com

Santa shows up early on Wall Street as Santa’s helpers hit the stores. Stocks rally to record highs ahead of the Thanksgiving holiday weekend and the start of the holiday shopping season. Retailers take the spotlight along with US China trade issues. Marketwatch columnist Mark Hulbert discusses market momentum heading into December. Master Entrepreneur, developer, philanthropist, Rick Caruso, CEO, Caruso, creator of shopping destinations including The Grove LA, Americana at Brand and the new Rosewood Montecito Beach Hotel, highlights his successful properties and previews the holiday shopping season. Patrick McClenahan, President, Goodwill SoCal discusses the important role Goodwill plays in the local economy and the popularity of second hand merchandise. Ann Shatilla, Emmy award winning TV journalist and luxury expert details luxury trends this holiday season and an upcoming Beverly Hills Chamber of Commerce event for business people looking to tap the luxury market. Support the show: https://www.

Uncertainty over a U.S. China trade deal and mixed results among retailers send stocks slipping from record highs. Art Hogan, Chief Market Strategist, National Securities, provides analysis. Democratic Southern California Congresswoman Maxine Waters, Chair of the House Financial Services Committee, one of the most powerful committees in congress, discusses trade, housing, infrastructure, consumer issues, Facebook and the Fed. The co-founders of Silicon Beach company TaskUs are named national EY Entrepreneur of the Year. The L.A. Auto Show gets underway with new SUV's and electric vehicles in the spotlight. Automotive journalist Richard Saxton from SaxtonOnCars.com has our annual preview and news highlights.Support the show: https://www.frankmottek.com

Stocks rally to record highs with the Dow closing above 28,000 for the first time. Markets cheered reports of progress in the latest push for a U.S. trade deal with China. Tech stocks were among the biggest winners with both Apple and Google parent company Alphabet hitting all time highs. Scott Minerd, Global Chief Investment Officer of Guggenheim Partners and Chairman of Guggenheim Investments, discusses the market rally and the economy. Fund managers gather for the State Association of County Retirement Systems conference to get insights on pension fund investing. Comedian Jay Leno supports the Comics for Kids fundraiser for the Boys and Girls Club of the West Valley and shares his thoughts about money, cars and philanthropy.  Tech entrepreneur Saneel Gupta provides some hard learned lessons about how to get people to back your business ideas.   Support the show: https://www.frankmottek.com

Stocks pop to new highs capping off a record shattering week. Better than expected earnings news and continued optimism on US China trade fueled the latest rally. Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach discusses the markets, the economy and outlook. Southern California aerospace is flying high again thanks for innovative tech ideas in the South Bay. Van Espahbodi, co founder of Starburst Accelerator reveals what's fueling the boom. Mortgage rates slip for the first time in three weeks. California realtors say home affordability in the state is improving. The Wende Museum of the Cold War in Culver City is getting attention as the 30th anniversary of the fall of the Berlin Wall is commemorated. The museum's executive director Justin Jampol talks about the unique museum which is getting attention around the world. Support the show: https://www.frankmottek.com

Stocks rally to record highs on a better than expected October jobs report showing employers added 128,000 jobs and the unemployment rate ticked slightly higher to 3.6% from 3.5%, still near a 50 year low. It was an eventful week with a series of earnings reports and the Fed cut benchmark interest rates for third time this year. CNBC Power Lunch anchor Tyler Mathisen recaps the banner week. LAEDC CEO Bill Allen talks about the most business friendly cities and other business leaders set to be honored at the prestigious Eddy Awards. Citi becomes the first bank to ever receive the Eddy Award recognition. Business and civic leaders gather for the South Bay Economic Forecast Event at Cal State Dominguez Hills focusing on a big economic engine of the Southern California Economy. Mortgage rates tick higher for the third week in a row.Support the show: https://www.frankmottek.com

Stocks touch record highs on the latest earnings news and positive signals on the phase one U.S. China trade deal. Famed Wharton Business School Economist Jeremy Siegel provides his latest view on the markets and the economy. It's a big week ahead with the Fed expected to cut short term interest rates again and the September jobs report will be coming out. New highs could be right around the corner. Extended market coverage with Art Hogan, Chief Market Strategist, National Securities. Deryck J. van Rensburg, The Dean of the Graziadio School of Business and Management at Pepperdine University discusses the entrepreneurial spirit, what's driving business students and the most fundable startup companies. L.A. County Assessor Jeffrey Prang says L.A. County property owners impacted by the massive Woolsey Fire last year and other recent wildfires should apply for a property tax reduction.Support the show: https://www.frankmottek.com

Stocks cheer the latest earnings news and the phase one deal in U.S. China trade talks. China's economic quarterly growth rate hits the lowest in 26 years. Kevin O'Leary, serial entrepreneur, investor, Shark Tank star, O Shares ETF founder, gives his assessment of the markets, the economy, US China trade and entrepreneurs. Billionaire investor Nicolas Berggruen, Founder, L.A.-based  Berggruen Institute, co-author, Renovating Democracy, talks China trade and investing. Dr. Mary Daly, President, San Francisco Federal Reserve Bank, offers her assessment of the economy and her speech to the Los Angeles World Affairs Council and Town Hall. L.A. Mayor Eric Garcetti updates listeners about the L.A. business scene, a new initiative to boost manufacturing, promoting the green economy, and how the trade dispute is impacting L.A.Support the show: https://www.frankmottek.com

Stocks rally on the outcome of the latest round of US China trade talks which produced what President Trump called "a substantial phase one deal. Under the agreement, the US will suspend a tariff hike planned for October 15th on $250B of Chinese goods. In exchange, China agreed to buy as much as $50B of US farm products. The Fed takes new steps to bolster the economy including plans to buy $60B of short-term Treasury debt each month to ease stress in overnight lending markets. Analysis of these major developments and market outlook with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz. Stephen Cheung, President, World Trade Center Los Angeles. Visionary giants on the L.A. business scene are honored by UCLA Health, Department of Neurology in Beverly Hills. Among the honorees architect Frank Gehry, Hollywood movie executive Elizabeth Gabler, private equity giants Arthur E. Levine and Lauren B. Leichtman.Support the show: https://www.frankmottek.com

A volatile start to the month of October for the stock market wrapping up with a rally on the latest jobs report showing the nation's unemployment rate dropped to 3.5%, the lowest since December 1969. Political drama continues to play out in Washington. US China trade talks are set to resume. The latest outlook on the economy and markets from Dr. Mohamed El-Erian, Chief Economic Advisor Allianz, former PIMCO CEO in Newport Beach. Mortgage rates hover near recent lows. L.A. gas prices spike dramatically while the price of oil takes a big drop. Oil analyst John Kilduff at Again Capital and CNBC contributor explains what's going on. Investors are setting up for a possible US China trade deal. Bryan Perry, Editor, Bryan Perry Investing and author of the 25% Cash Machine has some trade related investing ideas.  Support the show: https://www.frankmottek.com

Stocks slip for the second week in a row as political drama plays out in Washington. The markets reacted positively to news the US and China have agreed on dates to talk trade next month but then pulled back on reports the U.S. is considering additional pressure on China including de-listing Chinese companies on US stock exchanges. Bryan Perry, Editor, Bryan Perry Investing and author of The 25% Cash Machine discusses the market outlook and stock picks. The latest trends in college savings in the face of lower investment yields. The LAEDC's next Future Forum focuses on Healthcare Personalization and bio hacking. Among the speakers Elias Arjan, VP L.A.-based Biostrap. The view from the top on L.A. business and real estate from Lewis Horne, President, Pacific Southwest Division, real estate giant CBRE.Support the show: https://www.frankmottek.com