Mottek On Money

Mottek On Money Special Edition - Wall Street and Main Street: Stocks climb a proverbial wall of worry as businesses are impacted by civil rights protestors demanding justice for George Floyd, civil unrest, and curfews amid slow re-openings with the coroanvirus crisis continuing. The Dow closes up 268 points. A discussion of the markets and the economy with Mark Hulbert, Marketwatch columnist, Publisher of The Hulbert Digest which tracks market newsletters. Spencer Levy, Chairman of Americas Research and Senior Economic Advisor, CBRE, discusses commercial real estate (industrial, office, multifamily, retail, hotels) as businesses gradually reopen following the coronavirus lockdowns.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Many L.A. area businesses still reeling from the coronavirus crisis are hit by looting and vandalism in a wave of civil unrest. Violence flared in the midst of many peaceful street protests over the death of George Floyd at the hands of a Minnesota police officer. Many California business leaders including Tesla's CEO Elon Musk and Apple CEO Tim Cook have spoken out about justice for George Floyd. Tremendous heartbreak for business owners affected by the weekend unrest. The main street situation discussed with Maria Salinas, President/CEO, Los Angeles Area Chamber of Commerce. Stocks begin the week with gains. The latest on the markets and the economy discussed with Jim Hausberg, Managing Director, HighTower Advisors and board member of www.JVS-SoCal.org Mortgage rates hover near record lows but tighter lending standards and a flood of re-fi applications make it tougher to get the lower rates. The latest mortgage and real estate news discussed with Jeff Lazerson, President, M

Stocks post a mixed finish to a winning month of May in the face of more tough news on the main street economy which is slowing reopening following the coronavirus shutdowns. Analysis from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Leary Financial Group, O'Shares ETF's, L.A. based economist Dr. Robert Kleinhenz, Principal, Kleinhenz Economics. Celebrity hair stylist Giuseppe Franco in Beverly Hills reacts to the state allowing hair salons to reopen in Los Angeles county with new health safety protocols and explains how his famous salon is going above and beyond the basic requirements.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks stage an early rally in the face of more shocking numbers on the economy as investors appear to bet the worst of the coronavirus economic damage is behind us. Another 2.1 million people got into unemployment lines over the past week bringing the 10 week total to nearly 41 million. The early rally fizzed out as rising US China tensions took the spotlight over China's latest moves to crackdown on protestors in Hong Kong impacting Hong Kong's autonomy. The Dow came in for a closing loss of 148 points. Analysis of the markets and the economy from Art Hogan, Chief Market Strategist, National Securities and Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center. David Pillsbury, CEO, ClubCorp, including City Club Los Angeles discusses golf country clubs and business clubs starting to reopen, seeing increased demand following the crisis shutdowns,  Support the show: https:/

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks lift off at the opening bell as more businesses reopen after the coroanvirus shutdowns. Stocks pulled back during the trading day on renewed tensions between the U.S. and China but a late rally sent to the Dow up 553 points at the closing bell. Market analysis from Bryan Perry, Editor of (www.BryanPerryInvesting.com), Cash Machine Income and author of the 25% Cash Machine. Los Angeles business leaders are dealing with a range of challenges as the economy slowly reopens. Mark Wilbur, President/CEO, Employers Group, former Board Chair and founding Los Angeles Business Federation (www.LABizFed.org) member discusses L.A.'s coronavirus ravaged economy and a new LA Biz Fed survey of the top issues facing L.A. business owners.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks kick off a holiday shortened week with a rally as economies around the world continue to reopen following the coronavirus lockdowns. The latest reports of new efforts by various companies to develop a coronavirus vaccine and treatments helped give the markets a boost. Energy names and travel related companies rallied while so called "stay at home" stocks pulled back. The Dow popped 700+ points, moving above 25K during the trading session, before closing up 530 points to 24,995. Market analysis from Jim Hausberg, Managing Director, HighTower Advisors in Los Angeles. The enormous contribution made by foreign firms to the California economy is detailed in the latest report on Foreign Direct Investment prepared by the World Trade Center Los Angeles. The report and outlook for the post pandemic world discussed with Stephen Cheung, President, World Trade Center Los Angeles and Executive Vice President, Los Angeles County Economic Development C

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Memorial Day 2020. The stock market, banks, credit unions, govenrment office and the post office are closed as the nations honors the US military personnel who have made the ultimate sacrifice while serving the US armed forces. Financial markets are focused on the coroanvirus crisis and now a Chinese crackdown on pro democracy protestors in Hong Kong. The stock market posted a winning week in the face of more tough news on the main street economy. The crisis is impacting real estate with home sales plunging in April while home prices ticked higher. The latest on the markets and the economy discussed with Kevin O'Leary, Chairman, O'Leary Financial Group, O'Shares ETF's, serial enthrepreneur, a.k.a. Mr. Wonderful on TV's Shark Tank, Economist Dr. Robert Kleinhenz, Principal, Kleinhenz Economics, Jeff Lazerson, President, MortgageGrader and OC Register columnist.    Support the show: https://www.frankmottek.com

More economic pain on Main Street as California's unemployment rate hits a record high. Rental car giant Hertz files for bankruptcy. Stocks end a winning week with a mixed finish as tensions rise between the U.S. and China over the coronavirus pandemic and China's new action to curb pro democracy protestors in Hong Kong. Analysis of the latest news on the economy and financial markets from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Bill Allen, CEO, Los Angeles County Economic Development Corporation, LAEDC, and Kevin O'Leary, Chairman, O'Leary Financial Group, O'Shares ETF's, a.k.a. Mr. Wonderful on TV's Shark Tank. Beau Boeckmann, President, Galpin Motors in the San Fernando Valley and Star of Car Kings on the Discovery Channel discusses business following the reopening of auto dealerships and what car buying consumers need to know.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks slip in the face of more tough news on the main street economy including another 2 million + surge in jobless claims over the past week, more retailers announcing store closings, U.S. China tensions flaring and slower than expected progress on reopening the economy. The Dow came in for a closing loss of 102 points. Analysis and outlook from economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. The price of oil hits a six week high and is now up 80 percent this month impacting investors and consumers. The latest news in the energy sector discussed with John Kilduff, oil analyst, Again Capital and CNBC contributor.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks rally with big tech names leading the way. Both Facebook and Amazon hit record highs. Oil stocks also rose with the price of oil hitting the highest price seen in 10 weeks as energy demand picks up on the easing of coronavirus business lockdowns. The Dow posted a closing gain of 369 points. Midweek analysis of the markets and the economy from Wall Street veteran Art Hogan, Chief Market Strategist, National Securities. Nursing homes continue to be ground zero for the coronavirus crisis. Elder law attorney Zoran Basich, founder, Nursing Home Solutions www.NHSCare.com discusses the latest news and how you can get the nursing home care needed for your loved one without going broke. Los Angeles businesses weathering the coronavirus economic storm have a range of resources now available. The latest discussed with Judy Drucker, Senior Director, Los Angeles County Economic Development Corporation, LAEDC, www.LAEDC.org Support the show: https://w

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Special report on the coronavirus impact on Southern California real estate. Home sales plunge in April during the coronavirus lockdowns. Prices tick higher. The outlook on home sales, prices, rent, the mortgage business, affordable housing ideas including co-living apartments discussed with guests: Dr. Frank Nothaft, Chief Economist, Corelogic, Jeff Lazerson, President, MortgageGrader and Orange County Register Columnist, Richard Loring, multifamily housing developer, Director of Design and Construction, Domos Rossmore in Los Angeles. The Dow closes down nearly 400 points as questions are raised about early results reported on an experimental coronavirus vaccine being developed by Moderna.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market - Stocks rally on positive early results in human testing of an experimental coronavirus vaccine by drug company Moderna. Fed Chairman Jerome Powell told CBS News 60 Minutes he optimistic the economy can begin to recover in the second half of the year but a full recovery will likely not be possible before the arrival of a vaccine. The Dow closed up 912 points. The latest news on the coronavirus ravaged economy, jobs, pensions and more discussed with James P. Hoffa, General General President, International Brotherhood of Teamsters. On the market rally, analysis from Jim Hausberg, Managing Director, HighTower Advisors, Los Angeles. Support the show: https://www.frankmottek.com

A volatile and losing week for stocks as the coronavirus crisis continues to ravage the economy. Retail sales and industrial production post record drops, another major retailer files for bankruptcy, U.S. China tensions flare again. The Fed says the crisis has created uncertainty and financial sector fragility. Mortgage rates hover near record lows but banks tighten up lending again. About four million Americans are not making their mortgage payments under forbearance agreements. Analysis of the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, Chairman O'Leary Financial Group. O'Shares ETF's, entrepreneur, author, also known as Mr. Wonderful on TV's Shark Tank and Mark Theis, President of HMS Capital. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks open lower on the latest jobless claims report showing nearly 3 million more people got into unemployment lines over the past week bringing the two month total to about 36.5 million. The Dow tanked about 450 points during the trading session but then turned around as oil and bank stocks rebounded. The markets also perked up as another economic rescue package comes together in Washington. The Dow posted a closing gain of 377 points. The latest news on the economy, jobs, outlook and latest work on coronavirus vaccines discussed with economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. ( https://milkeninstitute.org/ )  Long time Southern California labor leader and activist Patrick D. Kelly with the Teamsters Union discusses the crisis impact on local jobs and the economy. Tina Oswald, Executive Director of the Resident Relief Foundation ( https://residentrelieffound

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks slide for the second day in a row on a tough assessment of the economy from Fed Chairman Jerome Powell saying the outlook is "highly uncertain." He warned of the threat of a prolonged recession and Washington to take additional steps to shore up the economy. The Dow closed down 517 points. Market analysis from Art Hogan, Chief Market Strategist, National Securities. More heartbreaking news from California nursing homes as another cluster of deaths is reported at a facility in the bay area. Financial strains continue for families not aware of the benefits they may be entitled to for skilled nursing care. The latest discussed with Zoran Basich, elder law attorney, founder, Nursing Home Solutions,( www.nhscare.com ). Los Angeles business and civic leaders are mourning the loss of two giants on the L.A. business scene who have passed away this week. Real estate developer Jerry Snyder and energy guru S. David Freeman, the former head of the L

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks take the biggest one day slide so far this month on health concerns related to the reopening of the economy as expressed by Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, at a congressional hearing. The Dow closed down 457 points after meandering in a narrow range during most of the trading day. The reopening and recovery of the economy in California will be slower than first expected. The latest assessments of the economy and markets discussed with Dr. Robert Kleinhenz, Kleinhenz Economics and Ken Winans, President, CIO, Winans Investments. Dave Naidu, CEO, Socialincs in Newport Beach discusses www.restaurantsrising.com a new initiative to help restaurants struggling to survive in the coronavirus crisis.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market:  A mixed start to the week on Wall Street as businesses and economies slowly reopen while authorities watch the latest coronavirus case numbers and deaths. On Main Street, more bankruptcies among retailers and airlines. Commercial real estate is seeing a big impact as the coronavirus lockdowns continue. Businesses, buildings and offices prepare for the day when people go back to work. An update on what's ahead for the office workplace, commercial real estate, restaurants and more with Ryan Harding, Executive Managing Director, Newmark Knight and Frank in Los Angeles. Stocks see the best month of April in 33 years while the nation's unemployment rate soars to the highest seen since the 1930's in the same month. The disconnect between the Main Street economy and Wall Street, the market outlook and more discussed with Mark Hulbert, Marketwatch columnist and publisher of the Hulbert Digest.Support the show: https://www.frankmottek.com

The coronavirus crisis and its impact on Main Street and Wall Street: The economy gets hit with the worst monthly job loss on record. The U.S. unemployment rate hits the highest seen since the Great Depression as the coronavirus crisis continues. The April jobs report shows 20.5 million jobs lost and the unemployment shot up to 14.7%. Meanwhile, the stock market rallied as coronavirus restrictions begin to ease and the economy begins to slowly reopen. Tech stocks led the rally with the Nasdaq erasing recent losses and turning positive for 2020. Analysis of the week's history shattering news on the economy and the markets with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Art Hogan, Chief Market Strategist, National Securities. The coroanvirus crisis is having an enormous impact on the Los Angeles economy. Bill Allen, President/CEO, Los Angeles County Economic Development Corporation ( www.LAEDC.org  ) discusses unprecedented job losses due to the business lockd

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Tech stocks lead a recovery on Wall Street as the coronavirus crisis claims another 3.2 million more jobs over the past week. The tech heavy Nasdaq popped above 9000 and erased all of the losses racked up since the dramatic bear market sell off started earlier this year. The Nasdaq, which includes tech companies in demand during the crisis, is now fractionally positive for 2020.  The Dow came in for a closing gain of 211 points and is still down 16% percent since the start of the year. California faces a new state budget crisis with a projected shortfall of $54.3B. Analysis on the markets, economy, jobs, oil, coronavirus vaccine research and more with guests: Art Hogan, Chief Market Strategist, National Securities and Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center.    Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: The latest stock market rally fades in the face of an unprecedented wave of job losses. The latest ADP survey reported 20.2 million private sector jobs were lost in April during the massive coronavirus business shutdowns. More tough news on the job front is expected Thursday with the new report on weekly jobless claims and the April jobs report from the Labor Department on Friday is expected to show unemployment at the highest seen since the Great Depression. The Dow ended down 218 points. Tech stocks including Apple and Microsoft held up. The Nasdaq closed up 45. The latest market action and outlook for the economy, consumers, businesses and entrepreneurs discussed with Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares Investments, O'Shares ETF's. Dating goes high tech and virtual during the coronavirus crisis. The latest in the business of dating discussed with Laurel House, celebrity dating and relationship coach. Il