Mottek On Money

Stocks pull back from near record highs. Gas and oil prices edge higher after the attack on a major Saudi oil installation. Fed policy makers cut short term interest rates for the second time this year. US China trade developments are back in focus. Market analysis from Art Hogan, Chief Market Strategist, National Securities. Oil industry analyst John Kilduff, Again Capital and CNBC contributor, reacts to the big moves in the gas and oil markets. Movers and shakers in the world of finance including Margaret Shanley, partner at Cohn Reznick, gather for the big annual ACG-LA business conference in Beverly Hills. World renowned attorney and entrepreneur Robert Shapiro tells us about his latest business venture BizCounsel and updates the work of the Brent Shapiro Foundation for Drug Prevention honoring the legacy of his son.Support the show: https://www.frankmottek.com

The Dow racks up on its longest winning streak of the year propelled by an easing of trade tensions between the U.S. and China ahead of scheduled talks next month. The Fed is set to meet in the week ahead and its widely expected policy makers will cut short term interest rates again. Analysis from Gabriel Wisdom, Managing Director, American Money Management. Los Angeles attorney Lessing Gold, Chair, of the MSK law firm's China practice, speaks about the outlook for a U.S. China trade deal. Mortgage rates bounce off multi year lows. Corporate merger and acquisition activity picks up. Movers and shakers in private equity, investment banking and corporate deal making are set to gather for the annual ACG-LA Conference in Beverly Hills. Apple rolls out the new iPhone 11's. Support the show: https://www.frankmottek.com

Stocks rally on the latest readings on the economy and signals on US China trade. Views on the market and economy from market veteran Hugh Johnson, Chairman and CIO, Hugh Johnson Advisors, famed economist Dr. Arthur Laffer, former top economic advisor to President Reagan, father of Supply Side Economics and the Laffer Curve. Mortgage rates move to near record lows. Hurricane Dorian impacts the cruise line business and now cruise companies and even passengers are helping in the hurricane relief efforts in the Bahamas.  Cruise Guy Stewart Chiron has details and an update on new ships coming to L.A. and Long Beach.Support the show: https://www.frankmottek.com

Stocks post gains for the week ahead of the Labor Day Weekend snapping a month long losing streak which took the major averages off record highs. The latest signals on trade from China helped cheer the markets. Bryan Perry, Editor, Bryan Perry Investing and author of The 25% Cash Machine discusses the latest market action and outlook. In Sacramento, the bill that would likely force gig companies such as Uber and Lyft to reclassify their workers as employees rather than independent contractors moves on to the state senate. Sprint rolls out its 5G network in Los Angeles. Labor Day Weekend updates on organized labor from two prominent union leaders; Gabrielle Carteris, President, SAG-AFTRA and Patrick D. Kelly, Secretary-Treasurer, Teamsters Union Local 952, Orange County. Support the show: https://www.frankmottek.com

Rising trade tensions between the U.S. and China spook the financial markets. The Dow wraps up the week with a 623 point closing loss. China announces new trade sanctions on U.S. imports and President Trump responds by raising existing tariffs on $250 billion in Chinese goods to 30% from 25%, and new tariffs on another $300 billion of imports would be 15% instead of 10%. The president criticizes the Fed after the latest speech by Fed Chair Jerome Powell. Extended market coverage with guests including Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Ben Stein, financial commentator, author, economist, Mark Hulbert, Marketwatch Columnist, Publisher, Hulbert Digest, Peter Schiff, President, Euro Pacific Capital. Support the show: https://www.frankmottek.com

A week of wide swings for stocks including the Dow's biggest one day closing drop of the year (-800 points). Financial markets still nervous over escalating US-China trade tensions and the US government bond market flashing a possible recession signal for the first time in more than 10 years. Frank Mottek discusses the big market moves with CNBC Power Lunch Anchor Tyler Mathisen. Funding is approved for the next phase of the Metro Gold Line Foothill Extension in the San Gabriel Valley. Many residents of Beverly Hills and 28 other cities have new choices on their power bills as areas of L.A. and Ventura counties are served by a new energy provider called the Clean Power Alliance. Beverly Hills Councilman Dr. Julian Gold explains the transition and what consumers need to know.Support the show: https://www.frankmottek.com

Stocks take a roller coaster ride including the biggest one day drop of the year. U.S. China trade tensions weigh on the financial markets. President Trump says trade talks with China, set for next month, might not happen. The U.S. labels China a currency manipulator after China lowers its exchange rate versus the U.S. Dollar. Art Hogan, Chief Market Strategist, National Securities and Peter Schiff, President of Euro Pacific Capital provide market analysis. Mortgage rates slide to the lowest seen in three years. Two prominent speakers forums in Los Angeles, Town Hall LA and the LA World Affairs Council, have announced plans to merge.Support the show: https://www.frankmottek.com

An eventful week for the global economy. Stocks pull back from record highs and take the biggest weekly dip of 2019. Escalating trade tensions between the U.S. and China take the spotlight after the Fed cuts its benchmark interest rate for the first time since the financial crisis in 2008. The July jobs report shows unemployment holding steady at a near 50 year low. The big news of the week and what's ahead discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, CA. Stephen Cheung, President, World Trade Center Los Angeles talks about the outlook on U.S China trade and the potential impact of increased tariffs on consumers as well as the L.A. economy. Axel Merk, President, CIO, Merk Mutual Funds discusses gold hitting a six year high and the dollar moving higher in the face of the latest news on the global economy. Beverly Hills Mayor John Mirisch talks business as the city launches it's annual summer BOLD events promoting shopping, dining, art, culture and fun

Stocks rally to record highs ahead of the Fed's next policy setting meeting at which the Fed is expected to lower its benchmark short term interest rate for the first time since the financial crisis. Extended market coverage with mega money manager Scott Minerd, Chairman of Investments, Global Chief Investment Officer and Portfolio Manager at Guggenheim Partners Investment Management. Mortgage rates pull back to near three year lows. L.A. home prices hit record highs. Sales pull back with affordability the big issue in Southern California. EY Los Angeles Entrepreneur of the Year Finalist, Christopher Edwards, founder, CEO of The Third Floor, discusses how digital visualization technology has impacted movie making and the movie business.Support the show: https://www.frankmottek.com

Stocks pull back slightly from record highs on the latest earnings news, signals from the Fed and rising tensions in the Persian Gulf. Dr. Mohamed El-Erian, Chief Economic Advisor at Allianz, discusses the market's summer rally and outlook on the Fed's highly anticipated next move on interest rates. Dan McAllister, San Diego County Treasurer-Tax Collector, is looking reunite hundreds of thousands of dollars of tax refunds to their rightful owners. The tech industry continues to drive growth in commercial real estate and LA ranks highs on CBRE's Tech Talent survey. Real estate values in Los Angeles County hit record highs according to LA County Assessor Jeffrey Prang. L.A. based Cuban coffee company, F. Gavina & Sons, famous for Don Francisco's Coffee, celebrates another anniversary by expanding and embracing new coffee technology for consumers.Support the show: https://www.frankmottek.com

The stock market blasts off to new heights. Fed signals that lower interest rates are ahead provided the rocket fuel to financial markets. Special commemorations continue for the 50th anniversary of the first moon landing. Analysis from Ken Winans, President, Winans Investments and founder of the Space Station Foundation. Mortgage rates hover near 2 year lows. A big mortgage company based in Orange County files for bankruptcy. Business have new tools to prepare for more earthquakes and aftershocks. Daytime television Icon Eric Braeden, Emmy Award winning film and television actor, also known as Victor Newman on the CBS soap The Young and the Restless for nearly 40 years and JJ Astor in the movie Titanic, shares his thoughts on his epic success story. He also offers advice to those looking to make it big in Hollywood.Support the show: https://www.frankmottek.com

Stocks rack up record highs ahead of the Fourth of July holiday break. Art Hogan, Chief Market Strategist, National Securities tracks the latest record run up. Stocks put in an impressive performance in the first half of 2019. CNBC's Tyler Mathisen talks about some of the highlights. Home affordability not getting better in Southern California. Robert Hart, CEO, TruAmerica Multifamily, has a bullish outlook on apartment complex investments. The business world mourns the passing of auto industry icon Lee Iaccoca. Beverly Hills business leader John Carroll and family are set to be honored at the Concern Foundation's annual Block Party at Paramount Studios. Concern Foundation President Derek Alpert discusses the biggest fundraising event for cancer research in Los Angeles set for July 13th, 2019.  Support the show: https://www.frankmottek.com

Best of Southern California's entrepreneurs are celebrated at the EY Entrepreneur of the Year Awards for Greater Los Angeles. Tech, media, and health care are among the hot areas for entrepreneurs. Among the finalists, Daniel Rotman, Founder and CEO of LA based Pretty Litter and Paul Yanover, President, Fandango. Jamie Masada, founder of the Laugh Factory comedy clubs shares his great American entrepreneurial success story. Again this year, the Laugh Factory in Hollywood will host the Bob Hope USO Radiothon on July 2nd with KNX traffic reporter, combat veteran, comedian Thom Tran. Support the show: https://www.frankmottek.com

Stocks rack up the best June gains since 1938 with both the Dow and SP500 touching record highs. Oil surges to a weekly gain of 9.2% as the US and Iran face off in the Persian Gulf. The Fed holds the line on short term interest rates but signals a willingness to lower rates in the face of a slowing global economy. LA Biz Fed releases its latest survey on the biggest concerns for L.A. businesses. The first LA Sports Summit is set to begin with an assessment of the economic impact of sports on L.A. A major gift from the family of a TV studio pioneer John H. Mitchell is aimed at educating future leaders in the entertainment industry. The LA Lawyers Philharmonic celebrates 10 years of the L.A. legal profession making beautiful music together and plans on special performances including one with the "Violins of Hope."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

Coming off the first losing month of 2019, stocks post the best week of the year so far to kick off the month of June. A disappointing May jobs report has fueled hopes the Fed will cut interest rates. Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, discusses the latest news, outlook on rates and economy. The China California Business Forum brings together top government and business leaders in downtown Los Angeles. Among them: Hon. Zhang Ping, China's Consul General in Los Angeles, California Lt. Governor Eleni Kounalakis and Milken Institute Economist Kevin Klowden. Billionaire philanthropist and serial entrepreneur John Paul DeJoria (Paul Mitchell hair products, Patron Tequila) has a new venture: 3-D ROKiT smartphones.Support the show: https://www.frankmottek.com

May becomes the first losing month of 2019 for stocks on escalating trade tensions between and the US and China and a surprise move by President Trump threatening to impose tariffs on all Mexican imports. Marketwatch columnist Mark Hulbert says exuberance about the record shattering market could also be to blame for the recent sell off. New readings on Southern California home sales and home prices from Corelogic Chief Economist Frank Nothaft. Property tax delinquencies rise in San Diego County. L.A. County voters go to the polls on Tuesday, June 4th to decide Measure EE, a proposed 12 year parcel tax to raise money for the L.A. Unified School District. LA Mayor Eric Garcetti is pushing for it. L.A. business groups including L.A. BizFed, led by founding CEO Tracy Hernandez, are against it.Support the show: https://www.frankmottek.com

Another volatile week in the financial markets on escalating trade tensions between the U.S. and China. The Dow extends its weekly losing streak to 5, the longest in 8 years. A rally on Friday ahead of the three day Memorial Day Holiday weekend eases some of the week's losses. Analysis from Art Hogan, Chief Market Strategist, National Securities. Student loan debt hits another record high. Washington considers new ideas to ease student debt and promote savings. A new wealth survey finds how much money Angelino's need to have to be considered "wealthy." Retired four-star U.S. Army General Wesley Clark, former NATO Allied Supreme Commander, CEO, Wesley Clark and Associates, and Senior Fellow, UCLA Burkle Center; discusses the impact of US China tensions, sabre rattling in the Middle East and his thoughts on Memorial Day weekend 2019.Support the show: https://www.frankmottek.com

The U.S. and China exchange trade tariff salvos. Financial markets react The Dow starts a volatile week with a 617 point closing loss. Dr. Mohamed El-Erian, global finance influencer, Allianz Chief Economic Advisor, provides his latest assessment on trade, the markets and the economy. Stephen Cheung, President of World Trade Center Los Angeles, reacts to the latest trade drama and previews the upcoming Select LA Investment Summit. Commercial and industrial real estate remain hot in the inland empire largely due to the rise of e-commerce. New innovations in biotech to be discussed at the upcoming BIO international 2019 convention.Support the show: https://www.frankmottek.com

Uber stock skids on Wall Street on its first day of trading and closes below it's IPO price. Stocks stage a rally after the latest US China trade talks were described as "constructive" by the US Treasury Secretary Mnuchin. The U.S. imposes higher tariffs on $200B of Chinese imports. The SP500 recorded its biggest weekly drop of 2019. Experts in the pension world gather to assess markets and investment returns. A major retailer backs Big Brothers Big Sisters of Greater Los Angeles.  Dr Santosh Kesari receives the highest honors from the John Wayne Cancer Institute Auxiliary for giving new hope to cancer patients with his innovative treatments including Rick Muchow, singer and longtime worship leader at Saddleback Church in Orange County. Support the show: https://www.frankmottek.com