Mottek On Money

Employers picked up hiring more than expected last month and the nation's unemployment rate held steady at a 17 year low. The number of people either working or looking for work surged to a 15 year high. Markets cheered the latest jobs report which overshadowed trade war worries. Stocks rallied sending the NASDAQ to a record high. LA moves to the top of the list for real estate investors. Support the show: https://www.frankmottek.com

President Trump's trade war talk rattles financial markets already nervous about interest rates. The Dow slides 4 days in a row for a loss of 3%. Civic leaders in Beverly Hills try to save the iconic Nate n Al's Deli. This year's Oscar weekend sees a British invasion of Hollywood. The world of finance addresses the #MeToo movement.Support the show: https://www.frankmottek.com

The L.A. job picture brightens in the latest LAEDC Economic Forecast and Industry Outlook. Despite an upbeat economic outlook, LA's middle class continues to shrink. Stocks rebound for the second week in a row. L.A. is benefiting from record tourism and foreign investment changing the L.A. skyline. Support the show: https://www.frankmottek.com

Investors breathe a big sign of relief as stocks rebound with the best weekly gain in 5 years. LA becomes the hottest US city for real estate investment. Laker great Kobe Bryant and business partner Jeff Stibel are recognized as visionaries in tech and innovation. Employers and employees are more focused on the issue of sexual harassment. Viral media makes crisis PR more challenging. Support the show: https://www.frankmottek.com

Drama suddenly returns to the stock market after more than a year of smooth sailing to record highs. Volatility spikes and the Dow pulls back 10 percent from last month's high. Analysts discuss the market pullback and outlook. Pension fund managers take a cautious approach. What's become an iconic LA landmark at LACMA celebrates its 10th anniversary.Support the show: https://www.frankmottek.com

Good news on main street jolts Wall Street as a better than expected jobs report and wage growth spark inflation worries. Stocks slide from record highs. Extended market coverage with Maria Bartiromo. Mortgage rates spike. Businesses in the Santa Barbara area recover after recent fires and mudslides. Pasadena set to play host to a big annual book fair.Support the show: https://www.frankmottek.com

Investors focus on FOMO - Fear of Missing Out.  Panic buying sends stocks to record highs.  New report on commercial real estate finds Culver City on the rise. Big issues remain in the first month of legal recreational marijuana sales in California. European and U.S. companies are eager to connect in L.A. after President Trump's pitch at the World Economic Forum in Davos. Support the show: https://www.frankmottek.com

LA business and civic leaders cheer as LA makes the list of 20 cities being considered by Amazon for a $5B second headquarters. The Dow soars above 26K in a sizzling start to 2018. Mortgage rates spike. A new survey finds income shocks happen frequency during most careers. A telecom entrepreneur is on to something new after selling two companies to Silicon Valley giants.Support the show: https://www.frankmottek.com

Consumers came out in force over the holiday shopping season ringing up the best results for retailers since before the Great Recession. Stocks extend a new year's rally, wrapping up the second week of 2018 at record highs. The LAEDC names a new chief economist. Lots of fun innovations on display at the Consumer Electronics Show in Las Vegas.Support the show: https://www.frankmottek.com

2018 gets off to a roaring start with the Dow blowing past 25K and all the major averages ending the first week of the year at record highs. Wharton Finance Professor Jeremy Siegel offers a cautious market outlook for 2018. Gas and oil prices spike. Cannabis and bitcoin take a wild ride. Hollywood awards season begins with the Golden Globes making a big impact on the L.A. economy. Support the show: https://www.frankmottek.com

Happy New Year! Confidence and optimism among L.A. business leaders are riding high heading into 2018. All the major stock market averages are set to start the new year near record highs after the best annual market gain in four years. A look back at 2017 and a preview of what's ahead for stocks, the dollar, mortgage rates, real estate and jobs in 2018. Support the show: https://www.frankmottek.com

The tax reform bill signed into law by President Trump is expected to have a big impact on California with the state and local tax deduction capped at $10K and mortgage interest deduction reduced to $750K. An early Santa Claus rally sends stocks to record highs. Bitcoin takes a wild ride off record highs. Ground is broken for a new USO facility at LAX.Support the show: https://www.frankmottek.com

Tax reform advancing in Washington sends stocks to record highs. Disney buys 21st Century Fox TV and movie studios. More media mergers expected. Holiday sales are coming in stronger than expected this season. An app created in LA by a busy actor and his wife helps parents find trusted local resources.Support the show: https://www.frankmottek.com

Bitcoin mania sends the virtual currency to record highs above $11,000 while the debate continues about the legitimacy of the crypto currency. Stocks wrap up a record shattering week with a volatile session that was focused on the latest news out of Washington. Car companies roll out big new product announcements at the L.A. Auto Show.  Support the show: https://www.frankmottek.com

Consumers hit the malls and go online for the traditional start of the holiday shopping season. West Hollywood celebrates small business. Retailers are upbeat in the face of strong consumer confidence, lowest unemployment in 17 years and the stock market at record highs. Support the show: https://www.frankmottek.com

Tax reform moves forward in Washington. Stocks post a mixed finish for the week. LA's homeless population gets extra help, including early Thanksgiving dinners, as the holiday season begins. President Trump's former White House spokesman Sean Spicer speaks candidly about the news business, his portrayal on SNL, plus his views on trade and tax reform.Support the show: https://www.frankmottek.com

Business and civic leaders gather to discuss what's ahead for California's economy. Stocks slip from record highs as lawmakers lock horns over tax reform in Washington. One of Southern California's biggest trading partners, Canada, is anxious over the renegotiation of NAFTA. Business fallout continues following sexual harassment and assault claims sweeping Hollywood.  Support the show: https://www.frankmottek.com

Investors and consumers show enthusiasm for Apple's new $1000 iPhoneX. America's unemployment rate hits a 17-year low. Stocks wrap up the week at record highs. L.A. home prices hit new highs, while affordability hits a 10-year low. Tax reform plans expected to impact local real estate.  An avalanche of sexual harassment claims in all industries following the Weinstein scandal.Support the show: https://www.frankmottek.com

The U.S. Senate OK's a budget plan that lays the groundwork for tax cuts. The latest earnings news and readings on the economy set off a grand slam home run on Wall Street. The Dow soars to a record high above 23K. Expansion of the Metro Gold Line in the San Gabriel Valley continues. And L.A. based Coffee Bean and Tea Leaf perks up its expansion plans.Support the show: https://www.frankmottek.com

The stock market's record shattering run continues. California challenges President Trump on cutting government insurance subsidies for Obamacare. State Insurance Commissioner Dave Jones talks about the impact this will have on Covered California. Damage assessment continues following catastrophic fire storms in the state especially impacting seniors and their caregivers.  Support the show: https://www.frankmottek.com