Mottek On Money

The tech heavy Nasdaq rallies to record highs on the better than expected April jobs report showing the nation's unemployment rate stands at a near 50 year low. The Milken Institute Global Conference 2019 attracts thousands of leaders in business, government and philanthropy to Beverly Hills.  Kevin O'Leary, Shark Tank star, entrepreneur, O'Shares ETF founder "Mr. Wonderful" has an upbeat assessment of the markets and the economy. Charlie Gasparino, Fox Business Networks, reports on Tesla's quest to recharge its cash. Dan Beckerman, President/CEO, AEG, discusses the globalization of sports and LA's preps for the 2028 Olympic Games. Billionaire "Eyebrow Queen" Anastasia is honored by ACG-LA and shares her amazing success story. Disney Music Group's Mike Daley receives the Excellence in Mentoring Award from Big Brothers Big Sisters of Greater Los Angeles. Support the show: https://www.frankmottek.com

Stocks rally to record highs on the latest report showing the economy picked up steam in the first quarter of 2019. Market analysis with Art Hogan, Chief Market Strategist, National Holdings. Movers and shakers from around the world gather in Beverly Hills for the Milken Institute Global Conference. Kevin Klowden the executive director of the institute's Center for Regional Economics previews the mega event. L.A.'s economy is experiencing a loud boom. L.A. Mayor Eric Garcetti discusses economic issues, affordable housing solutions and previews an event to boost small business.Support the show: https://www.frankmottek.com

Stocks edge mostly higher in a holiday shortened week. All of the major averages hover near record highs. Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, widely followed influencer, discusses the impressive 2019 rally and cautions investors about market "melt up" talk. New calls for regulating social media companies including Facebook. Rabbi Abraham Cooper, Associate Dean of the Simon Wiesenthal Center, releases the center's 25th annual digital hate and terrorism report. Labor law attorney Thomas Lenz discusses how labor law impacts the gig economy. Al Osborne, the interim Dean of the UCLA Anderson School of Management talks about the latest trends in business and entrepreneurship.Support the show: https://www.frankmottek.com

Stocks edge to near record highs on better than expected bank earnings and readings out of China. Disney hits an all time high after announcing a new video streaming service to take on Netflix and Amazon. Analysis from Ken Winans, Winans Investments. The Long Beach economy shifts into high gear as the IndyCar Grand Prix of Long Beach gets underway. L.A. business leaders including former LAEDC Chairman Chris Martin, CEO, AC Martin, pay tribute to long time Korean Air Chairman Cho Yang-ho who led the effort to create the tallest building on the west coast in Downtown L.A. A "Frank" discussion on green shoots in real estate. The spring home buying season kicks into high gear with unemployment at a near 50 year lows and mortgage rates pulling back with Dr. Frank Nothaft, Chief Economist, Corelogic.Support the show: https://www.frankmottek.com

Stocks kick off the 2nd quarter of the year with gains. The March jobs report eases recession worries and keeps the 2019 market rally going. Los Angeles tops the list again for international real estate investors. Lew Horne, Pacific Southwest CBRE President, discusses latest real estate trends. Bitcoin price roars back after a year long slide. The 6th annual Biohacking Conference gets underway in Beverly Hills. Martin Tobias, CEO, Upgrade Labs explains how high tech, health and fitness are coming together. The California Senate moves forward on Cannabis banking legislation. Senate Majority Leader, Bob Hertzberg (D), San Fernando Valley, updates the Cannabis industry.Support the show: https://www.frankmottek.com

Stocks post best first quarter to any new year since 1998. Famed Wharton finance professor Jeremy Siegel discusses the market rebound from a dismal end to 2018 and what he sees ahead. John Husing, Chief Economist, Inland Empire Economic Partnership, releases his latest forecast for Riverside and San Bernardino Counties. Labor and civil rights leader Dolores Huerta pays tribute to fellow co-founder of the United Farm Workers Union, Cesar Chavez on the state and national commemorative holiday honoring him. Currency expert Axel Merk, President, Merk Investments, discusses the possible market impact of a hard Brexit.   Support the show: https://www.frankmottek.com

The Dow wraps up the week with a 460 point closing drop on new concerns about slowing global economic growth.  Investors are spooked by a possible recession signal in the U.S. bond market. Long-term bond yields plunged below short-term ones in what's known as an inverted yield curve. Analysis on the latest developments from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz. An L.A. based tech company is already offering consumers something like a "data dividend" pushed by California Governor Newsom. Democratic Southern California Congresswoman Maxine Waters has set a big consumer agenda as Chair of the House Financial Services Committee. Support the show: https://www.frankmottek.com

Stocks rebound from the worst week of 2019 despite a drop of 10% in shares of Dow component Boeing. China takes new steps to pump up its economy. Progress reported in U.S. China trade talks. Analysis from National Holdings Chief Market Strategist Art Hogan. World Trade Center Los Angeles President Stephen Cheung previews the Select LA trade event and updates the outlook on L.A. China trade. Dan McAllister, San Diego County Treasurer-Tax Collector, tells us about San Diego County's annual property auction. Experts analyze what could be wrong with the Boeing 737 Max jetliners after two recent crashes and the grounding of the fleet.Support the show: https://www.frankmottek.com

Stocks make it five losing days in a row on the February jobs report, showing weaker than expected hiring, capping the worst week for the market so far in 2019. Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, offers market analysis, thoughts on the 10th anniversary of the bottom of the 2009 bear market and where stocks and the economy go from here. The Los Angeles Business Federation, LA Biz Fed, leads a delegation of LA business leaders to Sacramento. Dr. Frank Nothaft, Chief Economist, Corelogic, gives us the latest readings on LA real estate prices, sales and outlook. Plus more insights on mortgage rates and what's hot and what's not in the area's real estate market.Support the show: https://www.frankmottek.com

Reports that a U.S. China trade deal could be signed within a month fuels another stock market rally. Stocks march higher to kick off the new month. Tesla slips into reverse on news the company is closing showrooms and plans to sell cars online. A prominent art gallery in Beverly Hills sees new enthusiasm for investing in work by Picasso. New ideas on saving for a lifetime income. Mortgage rates hold near one year lows. Consumer advocates call for changes in California recycling laws noting consumers are losing out on hundreds of millions of dollars in bottle and can deposit money. Support the show: https://www.frankmottek.com

The Dow racks up longest weekly winning streak since 1995. Optimism over ongoing US China trade talks and new signals from the Fed about showing "patience" when it comes to interest rate moves fueled the latest rally. Josh Welsh, President, Film Independent, talks about Hollywood's biggest weekend including the Independent Spirit Awards. A Korean-American entrepreneur in L.A. taps in to Asian focused beauty products.  The LAEDC releases its 2019 economic forecast. Questions raised about a couple of high profile construction projects in Downtown L.A. Celebrity Chef Wolfgang Puck talks about the awesome job of preparing the star studded Governor's Ball dinner after the Oscars. He also shares plans to put up a Frank Gehry designed restaurant in Malibu current site of Gladstones.Support the show: https://www.frankmottek.com

Renewed optimism over trade talks between the U.S. and China sends stocks higher. The market rally of 2019 also gets a boost on the spending deal in Washington heading off another federal government shutdown. Economists are skeptical about the latest retail sales report for December showing the worst sales since 2009. LA business leaders set to gather for the LAEDC economic forecast event. There's new interest in Modernism style. Mortgage rates hit the lowest in more than a year. What you need to know before you put your taxes together for 2018. Gregg Wind, CPA, former President California Society of CPA's, LA Chapter, gives us a preview.Support the show: https://www.frankmottek.com

Renewed concerns about U.S. China trade weigh on financial markets. A late turn around sends major averages slightly higher for the week. The 2019 rally continues. Southern California home prices level off and sales drop as affordability continues to be the #1 issue for home buyers. Dr. Frank Nothaft, Chief Economist, Corelogic talks real estate. The Latino Coalition set to unveil new tools for small business. Los Angeles Mayor Eric Garcetti talks about the return of the Grammy's to L.A. and the business outlook for 2019 ahead of the LAEDC's economic forecast event.  A top Cedars Sinai heart doctor says money troubles can lead to heart troubles - a subject addressed at the annual Dr. Sheila Kar Health Foundation Valentines event in Beverly Hills. Support the show: https://www.frankmottek.com

Stocks rack up best January gains since 1987 after worst December since 1931. The Fed fuels latest rally after it's first policy setting meeting of 2019. Mohamed El-Erian, Chief Economic Advisor, Allianz, now predicts no Fed rate hikes this year. The ongoing crisis in Venezuela fuels nervousness in the energy markets. MarketWatch columnist Mark Hulbert discusses the January indicator and Wall Street Super Bowl indicator. Chairman of City National Bank Russell Goldsmith discusses recent Economic and Investment Forum.Support the show: https://www.frankmottek.com

Stocks surge during the just ended 35 day federal government shutdown. Markets have rallied so far in 2019 on the latest earnings news, signals from the Fed and movement on US China trade talks. Economist Dr. Arthur Laffer sees good economic and market times ahead after receiving the inaugural Paul Kangas Innovation Award. Mortgage rates hover near nine month lows. Nervous time in gas and oil markets as a political crisis unfolds in Venezuela. A silicon beach startup makes it possible to get wellness treatments including IV therapy via consumer smartphones. Support the show: https://www.frankmottek.com

So now it's the best start to a new year since 1987 after the worst year for the market since 2008. The latest reports on possible dramatic breakthroughs on US China trade fueled the latest rally. A year after the recreational use of cannabis was legalized in California a giant in the industry discusses the business and unresolved issues. California home sales slide in 2018 to post the first annual drop in four years as affordability continues to be the big issue. L.A. based SRAX has come with a new app called BIGToken allowing consumers to claim and monetize their own data sold to marketers.Support the show: https://www.frankmottek.com

2019 has the best new year's start for the stock market in 13 years. The rally continues on easing concerns about the Fed's interest rate path and US China trade. Google announces big plans to move into West L.A.'s Westside Pavilion when the mall is converted to creative office space. The LAEDC releases an earthquake preparedness guide for businesses for the 25th anniversary of the Northridge earthquake. Virtual assistants steal the show at the Consumer Electronics Show this year. An Orange County company has come up with an innovative plan to give consumers incentives to help to get more cars with recalled Takata airbags off the road.Support the show: https://www.frankmottek.com

Happy New Year! Triple digit moves every day so far in 2019 including the Dow's 747 point closing gain in reaction to a blowout December jobs report and plans for the US and China to resume trade talks. Retailers are coming off the best holiday shopping season in years with big gains in online sales. Mortgage rates start the year with a pullback. Southern California business leaders say housing affordability, market volatility and unresolved trade issues are impacting the business climate heading into the new year. Businesses and consumers face new uncertainties in healthcare in 2019. Support the show: https://www.frankmottek.com

Market volatility is back in a big way as 2018 draws to a close with stocks posting their first annual losses since 2008. Stocks take a wild ride racking up the biggest Christmas Eve loss in market history followed by the Dow's biggest one day point gain in market history. Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, discusses the latest market action and outlook for 2019. Oil markets also turn volatile with the price of crude down nearly 20% in 2018. Mortgage rates pull back after hitting 8 year highs in 2018. The Badge of Honor Memorial Foundation comes to the aid families of police officers killed in the line of duty.  Support the show: https://www.frankmottek.com

Yes, Virginia. There is a Grinch on Wall Street. Investors are left with a lump of coal just before Christmas as stocks wrap up the worst week in more than seven years with major indexes plunging 7 percent. The Dow posts its worst December since 1931. Tech stocks wipe out this year's gains with the NASDAQ moving into bear market territory. The Fed raises short term interest rates. Factory orders are up for laughs at the Laugh Factory as a holiday tradition continues in Hollywood. Guests include Peter Schiff, EuroPacific Capital, Kevin Klowden, Milken Institute, Jeff Stibel, BryantStibel, Danielle Shay, Simpler Trading, and Jamie Masada, founder, Laugh Factory.  Support the show: https://www.frankmottek.com