Mottek On Money

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks rally on optimism the coronavirus catastrophe is showing possible signs of easing in some areas of the world. The Dow shot up 937 a day after posting a closing gain of 1,627 points but the rally fizzled out. The Dow came in for a closing loss of 26 points. It was another volatile day in the oil markets too with oil plunging 9.4% back to $23.63. Gold came off a seven year high, back to $1,683.70/oz. The latest on the markets and the economy discussed with 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: Financial markets rally on hope the coronavirus pandemic is starting to stabilize in some places around the world, including New York.  With most of the global economy still shutdown and unemployment seeing a severe spike higher, stocks rallied on hope there's light at the end of the tunnel. The Dow came in for a closing gain of 1,627 points to settle at 22,680, a gain of nearly 8%. Market analysis from Jim Hausberg, Managing Director, Partner, HighTower Advisors, Los Angeles. Bill Allen, President and CEO of the Los Angeles County Economic Development Corporation, discusses the LAEDC's response to the crisis and the resources available at www.laedc.org to help local businesses make it through this unprecedented time.     Support the show: https://www.frankmottek.com

The coronavirus crisis claims millions of jobs and continues to hit the economy hard as the pandemic shutdowns continue. The nation's unemployment rate soars from a 50 year low of 3.5% to 4.4%, employers cut at least 701,000 jobs. The March jobs report came in a day after weekly jobless claims shattered records for the second week in a row reflecting more than 10 million people had applied for unemployment benefits. The first money from the coronavirus rescue package passed by congress begins to flow. Stocks end the week with a pull back. The week's epic news discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Maria Salinas, President/CEO, Los Angeles Area Chamber of Commerce, Jeff Lazerson, President, Mortgage Grader and OC Register Columnist. Business owners adjust to the coronavirus crisis. Among them, long time Los Angeles businessman, philanthropist, Larry Miller, Chief Executive, Sit N Sleep Mattress Stores.Support the show: https://www.frankmottek.co

Mottek On Money Special Edition -Coronavirus Crisis Bear Market: Jobless claims surge to record highs as the shutdown of the economy because of the pandemic sets off an unprecedented wave of layoffs. The Small Business Administration releases details of two business rescue programs including the Paycheck Protection Program. Victor Parker, Los Angeles District Director of the SBA provides the information small business owners need at this critical time. Economist Robert Kleinhenz has the latest assessment of the economy and jobs. And Bryan Perry, Editor of Bryan Perry Investing and author of the 25% Cash Machine discusses the stock market, latest bear market rally, the Dow closing up nearly 500 points as the price of oil sees its biggest one day gain ever, up 25%, back to around $25 a barrel.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition -Coronavirus Crisis Bear Market: Stocks kick off the month of April and the second quarter of 2020 with a pull back on the latest coronavirus news including the official estimate that the pandemic's death toll could reach at least 100,000 in the U.S. More ominous readings on jobs, real estate and manufacturing as the coronvirus shutdowns continue with no firm end in sight. The Dow came in for a closing loss of nearly 1,000 points coming off the worst first quarter for the Dow in market history. The markets and the economy discussed with market veteran Hugh Johnson, Chairman and Chief Investment Officer, Hugh Johnson Advisors. Small business owners struggle during the coronavirus crisis, even those deemed essential. The situation facing many business owners discussed with long time Southern California business owner Mike Diamond, owner, Mike Diamond Plumbing.        Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks wrap up a brutal month of March and first quarter of 2020 with losses. The Dow came in for a closing loss of 410 points settling at 21,917, posting a loss of 23.2% for the quarter, its worst quarter since 1987 and the worst first quarter of any year in Wall Street history. Economic storm clouds continue to gather as the global economy is at an unprecedented standstill in the face of the coronavirus pandemic. Has the market bottomed? What's the outlook for the economy in the face of the ongoing pandemic? The markets and the economy discussed with famed Wharton School Finance Professor Jeremy Siegel and Mark Hulbert, Publisher of the Hulbert Digest and Marketwatch columnist.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition -Coronavirus Crisis Bear Market: Stocks start the week with a rally coming off the best week for the Dow since 1938 following the passage of the $2.2 trillion dollar coronavirus rescue package in Washington. Health care stocks including Johnson and Johnson and Abbott Labs led the charge on news J&J is working on a coronavirus vaccine and Abbott has received FDA approval for a five minute coronavirus test. Economic damage from the coronavirus business shutdowns continue. The price of oil plunges to the lowest seen in 18 years. Guest include Michael K. Farr, President and CEO of Wealth Management Firm Farr, Miller & Washington and CNBC contributor and John Kilduff, Oil analyst, founder Partner, Again Capital and CNBC contributor.     Support the show: https://www.frankmottek.com

Another week of extreme moves for the stock market, this time on the upside as investors cheer new moves by the Fed as well as the $2.2 trillion coronavirus rescue package approved by congress and signed into law by the President. The Dow pulled back 900+ points on Friday, but despite that ended up 13% for the week, it's biggest weekly percentage gain since 1938. A mid week 3 day rally sent the Dow up by nearly 4000 points. Entire sectors of the economy remain shut down during the current coronavirus emergency sending weekly jobless claims to all time highs. Analysis of another epic week from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and Art Hogan, Chief Market Strategist, National Securities. Jeff Lazerson, President, Mortgagegrader on nervous times in the real estate business with the economy on lockdown and unemployment on the rise. Los Angeles business and civic leader Matt Toledo, CEO, Provisors on how the business networking organization has pivoted fast to

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks rally for the third day in a row after the U.S. Senate unanimously approves the CARESact, a $2.2T coronavirus rescue package, which now moves on to the House. Weekly jobless claims hit an all time high as nearly 3.3 million Americans applied for unemployment benefits due to the coronavirus shutdowns of entire sectors of the economy. The Dow closes up 1,352 points to 22,552. The Dow is now up about 3,900 points over the past three trading sessions. The latest market moves, economic outlook and more discussed with guests: Ken Winans, President, Winans Investments, author of Investment Atlas, 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: Stocks move up for the second day in a row on optimism about a massive 2 trillion dollar coronavirus rescue package working its way through congress. The Dow came in for a closing gain of nearly 500 points. It ended about 800 points below its high of the day in another volatile session on reports a snag had developed in the coronavirus rescue deal. Stocks moved up for the second day in a row for the first time since early February and followed a 2,113 point closing gain in the previous trading session. Analysis from Art Hogan, Chief Market Strategist, National Securities. The real estate business has come to a virtual standstill worldwide because of the coronavirus shutdowns. The latest discussed with Aaron Kirman, President of the Luxury Division, Compass Realty, Beverly Hills and host of Listing Impossible on CNBC.  A special "Frank and Stein" discussion on the vicious bear market, the economy and the outlook with economist, financial com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks roar back on hope a massive 2 trillion dollar coronavirus rescue package is close to passage in congress. The Dow closes UP 2,113 points to settle at 20,705, its biggest one day point gain in market history and the biggest percentage gain (+11.4%) since 1933. Extended market coverage with guests: Kevin O'Leary, "Mr. Wonderful" on TV's Shark Tank, founder of O'Leary Financial Group, O Shares ETF's. Gabriel Wisdom, President, American Money Management and author of Wisdom on Value Investing. Todd Johnson, CEO, Beverly Hills Chamber of Commerce on supporting local restaurants during the Great American Takeout Day today during the coronavirus national emergency.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition: Coronavirus Crisis Bear Market: Stocks extend last week's slide sending the Dow down 37% from its record high just a month ago as the coronavirus brings global economic activity to a virtual standstill. The Fed announces it will provide unlimited help to the financial markets. Congress continues to work on a coronavirus rescue package. The Dow kicks off the week with a closing loss of 582 points to 18,592 following the market's worst week since the 2008 financial crisis. Analysis from Art Hogan, Chief Market Strategist, National Securities. Coronavirus impacts the real estate business. The latest from Dr. Frank Nothaft, Chief Economist, Corelogic on the outlook for real estate sales, prices and trends including virtual open houses.     Support the show: https://www.frankmottek.com

The coronavirus crisis hits consumers, businesses and the financial markets hard this week despite dramatic new efforts from the Fed, the White House and congress to control the economic damage. The Dow wraps up another extremely volatile week marked by thousand point swings with another closing loss of 913 points to 19,174 for a drop of 17.3% for the week and 35% from its all time high achieved last month. The Dow is now more than 10,000 points below its February 12th high in what has been the fastest turn from bull market to bear market in Wall Street history. This week's momentous events discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and leading influencer in the financial world. And Jim Hausberg, Managing Director and Partner, HighTower Advisors in Los Angeles. Los Angeles philanthropist, business and civic leader Rick Caruso, CEO of Caruso, developer of shopping destinations including The Grove, Americana at Brand, Palisades Villages in Pacific Pal

Mottek On Money Special Edition: Coronavirus Crisis Bear Market. Stocks take another roller coaster ride and end with the Dow up 188 points to 20,087 putting it 31 percent below where it was a month ago when the market stood at record highs. The Dow is on track for its worst week since the financial crisis of 2008. Unemployment lines got longer over the past week with jobless claims spiking 70K to 281K, the highest since September 2017. Analysts at Bank of America declare the U.S. is in a recession. Nervous time for consumers in the face of an economy coming to a temporary standstill because of the coronavirus emergency, rising unemployment, and empty store shelves. More conventions are cancelled or postponed. Guests include Michael Farr, President, investment advisory firm, Farr, Miller and Washington, CNBC contributor, Consumer Advocate Ralph Nader, Dan McAllister, San Diego County Treasurer/Tax Collector and President of the State Association of County Retirement Systems. Support the show: https://www

Mottek On Money Special Edition: Coronavirus Crisis Bear Market. Stocks slide as global economic activity slows or shuts down in the face of the corona virus crisis. The Dow comes in for a closing loss of 1,338 points to 18,899 touching the lowest seen since December 2016. All this as the White House, Fed, Treasury Department and congress announce extraordinary plans to soothe markets and try to blunt the coronavirus' economic impact. Oil takes a one day plunge of 24%, closing down $6.58 to $20.37/barrel, the lowest seen since 2002. Guests include Art Hogan, Chief Market Strategist, National Securities and John Kilduff, oil analyst, Again Capital and CNBC contributor.Support the show: https://www.frankmottek.com

The 11 year bull run for stocks comes to an end as markets are rocked by heightened concerns about the economic impact of the coronavirus pandemic. Stocks took a huge roller coaster ride during the week culminating with the Dow closing up 1,985 points, its biggest point gain ever and its best percentage gain since October 2008. The eye popping gain came after the Dow's biggest ever point drop and worst percentage loss since the Black Monday Crash of 1987. Extended market coverage with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and leading financial influencer, Gabriel Wisdom, Managing Director, American Money Management. The coronavirus emergency rocks the cruise line business. Cruiseguy.com President Stewart Chrion discusses the major cruise lines now suspending trips for 30 days. Many business conferences are being cancelled or postponed. Some are going virtual. Among them, the big Trans Pacific Maritime (TPM) conferecence in Long Beach. TPM Conference Chairman

Special coverage on the markets and the economy after coronavirus fears cause extreme twists and turns in the financial markets. Another volatile week of almost daily 1000 point moves in the Dow Jones Industrial Average including a nearly 1,300 point move on the upside, the biggest one day point gain ever. Stocks post slight gains for the week after the biggest one week slide since the 2008 financial crisis. The Fed announces a surprise half point cut in its benchmark interest rate. Guests include Scott Minerd, Chairman of Guggenheim Investments and Global Chief Investment Officer, Co-Founder, Guggenheim Partners, Art Hogan, Chief Investment Strategist, National Securities, Ken Winans, President, Chief Investment Officer, Winans Investments, founder, The W Foundation.Support the show: https://www.frankmottek.com

Stocks slide on corona virus fears leaving investors sickened over an evaporation of $4.3 trillion dollars in 7 trading sessions. Stocks take the biggest weekly tumble since October 2008 during the financial crisis. The week’s market action included the biggest one day point loss in market history, a drop of nearly 1200 points. Major averages went from record highs to correction in about a week. Special market coverage with Dr Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Gene Seroka, Executive Director, Port of Los Angeles, Ken Winans, President, Winans Investments, Economist Kevin Klowden. Support the show: https://www.frankmottek.com

Investors turn cautious after a record run up as the number of coronavirus cases outside of China grows. South Korea becomes the latest battle ground for the virus. Stocks pull back. Bonds advance, Gold soars. Analysis from prominent wealth manager Michael K. Farr, President and CEO, Farr, Miller & Washington and CNBC contributor. The LAEDC releases its economic forecast with special attention this year on affordable housing in the L.A. area. The outlook and big issues discussed with Bill Allen, President/CEO, Los Angeles County Economic Development Corporation. L.A.'s international trade and potential impact of the coronvirus crisis in China on the local economy discussed with Stephen Cheung, President, World Trade Center, Los Angeles. Mortgage rates move lower as long term government bond yields hit record lows. The latest on rates from Jeff Lazerson, President, Mortgage Grader. Support the show: https://www.frankmottek.com

Stocks rack up record gains in reaction to the latest earnings news and readings on the economy despite serious concerns about the impact of the coronavirus (COVID-19) in China. David Rubenstein, billionaire businessman, philanthropist, founder and Co-Executive Chairman of the Carlyle Group investment firm discusses the markets, the economy and his new book titled "The American Story: Conversations with Master Historians." Silicon Beach veteran Josh Berman, co founder of MySpace, discusses his venture capital firm Troy Capital Partners and Quid which provides loans to entrepreneuers backed only by pre-IPO shares. The coronavirus impacts the cruise business in Asia but it's full steam ahead elsewhere. A record number of couples renew their wedding vows aboard Princess Cruise ships in a Valentine's week event. The latest discussed with Cruiseguy.com President Stewart Chiron and actress Jill Whelan from the TV show The Love Boat. Los Angeles business and civic leaders support the efforts of the American Society