Mottek On Money

The Grinch shows up on Wall Street with stocks posting the worst start to any December since 1980. The week ended with the Dow plunging nearly 500 points. Apple and Johnson and Johnson got hammered. The spotlight now turns to the Fed's next move. Santa's helpers are busy at Goodwill Stores and Donation Centers this holiday season. Bitcoin and other cryptos hit new lows for the year. A key figure in the subprime mortgage meltdown gets a standing ovation at a mortgage brokers conference. Corporate social responsibility gets new attention in the age of the #MeToo movement. Support the show: https://www.frankmottek.com

Volatility spikes as stocks take the steepest weekly dive in eight months on uncertainty over US China trade relations and interest rates. Oil spikes on OPEC deal to cut production. The nation's unemployment rate holds steady at a near 50 year low of 3.7%. Extended market coverage with Mohamed El-Erian, Chief Economic Advisor, Allianz and Art Hogan, Chief Market Strategist, B Riley FBR. The Honorable Willie L. Brown, Jr. California Assembly Speaker Emeritus and former Mayor of San Francisco gives his view on what's ahead for California's economy and business in 2019. Big construction projects expected to get new attention in the new year.Support the show: https://www.frankmottek.com

Stocks wrap up the best week in about seven years including a one day pop of 618 points on comments from Fed Chair Jerome Powell about the outlook for interest rate hikes. U.S. China trade also in focus. Analysis from Fox Business anchor Maria Bartiromo. Automakers go big at the LA Auto Show with big new SUV's. New housing headwinds. A federal lawsuit and calls for boycotts of Airbnb after the company delisted rentals in Israeli West Bank settlements. Tariffs and a tight job market impact the biggest ongoing transit construction project in the San Gabriel Valley. Support the show: https://www.frankmottek.com

The holiday shopping season begins in Southern California. Rick Caruso, Master entrepreneur, philanthropist, CEO of Caruso, developer of shopping destinations including The Grove L.A. and the new Palisades Village provides his outlook for the holiday season. Adding to the holiday cheer, gas and oil prices hit new lows for the year. Kurt the Cyberguy previews Cyber Monday 2018 expected to be the biggest online shopping day in history with Apple in the spotlight. Stocks rack up worst Thanksgiving week losses in 7 years with the SP500 ending the week in correction territory. Support the show: https://www.frankmottek.com

Market volatility continues. Bankruptcy concerns impact California utility PG&E after deadliest wildfire in the state's history. My Frank N Stein discussion on markets and economy with financial commentator Ben Stein who survived the fires in Malibu. West Hollywood set to go big for small business this holiday season. Bevelry Hills goes BOLD for the holidays honoring first responders and working to help neighboring fire storm victims. The LAEDC honors business friendly cities and sees many positives after leading LA's bid for Amazon's HQ2.  Support the show: https://www.frankmottek.com

Stocks rally on the mid-term election results. The Fed holds the line on short term interest rates for now. Analysis from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz and Tyler Mathisen, co anchor CNBC Power Lunch. Beverly Hills goes BOLD to kick off the holiday shopping season. It's a big week for the business of show business and movie lovers as AFI Fest 2018 gets underway in Hollywood. Support the show: https://www.frankmottek.com

Stocks stage a three day rally on reports the US and China are working on a trade deal bouncing back from the worst October since the financial crisis. The October jobs report comes in better than expected on hiring and wage gains. Unemployment holds steady at near 50 year low. Tech giant Kai-Fu Lee talks about AI Superpowers. Oil markets react to the US reimposing sanctions on Iran. The LA Blockchain Lab draws business interest. Leaders in promoting financial literacy honored in LA at the Calfiornia Council on Economic Education gala.   Support the show: https://www.frankmottek.com

Stocks rack up the worst October since the 2008 financial crisis on latest earnings news, trade worries, and interest rate concerns. The Dow and SP500 erase this year's gains. Chris Silbermann, Managing Director of ICM Partners is honored by Big Brothers Big Sister of Greater Los Angeles. The heated debate continues on Prop 10, California's rent control measure, on the November 6th ballot. Affordable housing a big issue at the annual South Bay Economic Forecast event at Cal State Dominguez Hills.Support the show: https://www.frankmottek.com

Another volatile week for stocks ends with a mixed finish. Socially responsible impact investing popular with millennials. John Cox, the Republican candidate for California governor, talks business and consumer issues. A closer look at Prop 6, the measure on the November 6th ballot to repeal the state gas tax enacted last year for road and bridge repair. Canada legalizes the recreational use of cannabis and California will be watching how it handles the banking of the cannabis business. Support the show: https://www.frankmottek.com

Stocks rack up the biggest weekly losses in 7 months as interest rates rise. The Dow takes its third biggest one day tumble in market history. Extended market coverage with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, Peter Schiff, President, EuroPacific Capital, Hugh Johnson, Chairman, Hugh Johnson Advisors. L.A. lawyers gather in Hollywood to meet defense attorney David Rudolf, from the Netflix documentary The Staircase. Business and civic leaders support TreePeople's efforts to make L.A. more sustainableSupport the show: https://www.frankmottek.com

The Dow hits a record high on the new USMCA trade deal involving the US, Canada and Mexico. Stocks retreat as benchmark bond yields spike. The US unemployment rate dips to a near 50 year low. Governor Brown signs a law requiring publically held companies in California to have at least one woman on corporate boards. A presidential historian says her new book Leadership in Turbulent Times applies to business. An ecommerce pioneer in downtown LA revolutionizes the truck parts business for consumers. Support the show: https://www.frankmottek.com

Stocks wrap up Q3 2018 with the best quarterly gain in nearly five years. The Fed bumps up short term interest rates. Mortgage rates touch 7 year highs. Tesla tumbles after the SEC sues to oust company chairman and CEO Elon Musk. Home values rise in L.A. The world gets set to celebrate the 50th anniversary of the first moon landing. A jump in merger deals celebrated at the ACG-LA conference. A leader in entrepreneurial studies at USC has an impressive record of success.Support the show: https://www.frankmottek.com

Record shattering week for stocks with the Dow closing at a new high for the first time since January. The U.S. and China expand trade tariffs raising new concerns about higher prices on many consumer goods. Markets and trade discussed with Art Hogan, Chief Market Strategist, B Riley FBR and Anthony Scaramucci, Founder, SkyBridge Capital. New choices for parents saving for their kid's education. Goodwill Southern California plays an important role in the economy and gears up in a big way for Halloween.Support the show: https://www.frankmottek.com

Stocks touch record highs ahead of the 10th anniversary of the collapse of Lehman Brothers during the 2008 financial crisis, the largest bankruptcy in US history. Guests include Dr Mohamed El-Erian, Chief Economic Advisor at Allianz, Phil Angelides, Chair of the Financial Crisis Inquiry Commission discuss lessons learned during the crisis. Big changes seen in the mortgage business. The economy is celebrated in the San Gabriel Valley. Support the show: https://www.frankmottek.com

The August jobs report finds hiring picked up, wages racked up best annual gains in 8 years, unemployment rate near 18 year low. Stocks end holiday shortened week lower. Tesla tumbles after top accountant resigns and CEO Elon Musk appears to smoke pot during an interview. Leslie Appleton Young, chief economist at the California Association of Realtors gives us the outlook on sales and prices. Prominent L.A. attorney Robert Shapiro leads a national drug prevention effort through the Brent Shapiro Foundation honoring the memory of his son.Support the show: https://www.frankmottek.com

Stocks wrap up record shattering week with a mixed finish ahead of the Labor Day holiday weekend. The US and Mexico reach a trade deal to replace NAFTA. US negotiations with Canada set to resume after Labor Day. Markets and trade discussed with Wharton Finance Professor Jeremy Siegel and Peter Navarro, Director of the White House National Trade Council. The 3rd annual LA Fleet Week is underway. SAG AFTRA President Gabrielle Carteris, Patrick Kelly, Teamsters Union Local 952, and Rusty Hicks, President, LA Federation of Labor discuss the labor movement on Labor Day Weekend 2018. Support the show: https://www.frankmottek.com

Stocks pop to record highs after Fed Chair Jerome Powell reassures markets the Fed will gradually raise interest rates as the economy grows. The current bull market marks a milestone as the longest in Wall Street history. CNBC's Melissa Lee discusses her new documentary Bitcoin: Boom or Bust. The list of cryptocurrencies gets longer. The retail landscape changes with more Sears and Kmarts going away. All OSH stores are closing. The President/CEO of LA's AltaMed Health Services shares his company's entrepreneural success story.Support the show: https://www.frankmottek.com

Stocks rally on a report the US and China are about to resume trade talks. The Dow rebounds to the highest seen since February. The US and Turkey continue to lock horns. Allianz Chief Economic Advisor Dr. Mohamed El-Erian gives us his analysis and outlook. The IRS recommends a paycheck check up now that the new tax law has kicked in. California home sales slide as prices touch record highs. Pioneer auto designer Henrik Fisker talks about the future of mobility and his latest ventures.Support the show: https://www.frankmottek.com

Turkey rattles investors nerves after the Turkish currency plunges against the US dollar. Trade tensions heat up as the US announces a doubling of tariffs on Turkish steel and aluminum imports. The LAEDC cheers Amazon and LA community colleges teaming up for a cloud computing certificate program. The first Milken Institute Calfiornia Policy Summit focuses on big issues including affordable housing. California State Treasurer John Chiang encourages the issuance of Green Bonds to fund major infrastructure projects.  Support the show: https://www.frankmottek.com

Stocks rally on the July jobs report. The Fed holds the line on short term interest rates but signals more rate hikes ahead. Apple stock hits record highs making it the first publicly traded company to reach $1 trillion dollars in market value. Beverly Hills goes BOLD for business and tourism. Housing headwinds continue with sales slipping as home prices and mortgage rates rise. Disneyland reaches a deal with its largest labor unions to raise the minimum wage of employees.Support the show: https://www.frankmottek.com