Mottek On Money

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: It's a day for the record books on Wall Street as the SP500 closes at a record high for the first time since the crisis and the bear market sell off earlier this year. The broadly based market index settled up 8 points to 3,390 surpassing the previous record high achieved in February. After the fastest bear market sell off in market history, we've now seen the fastest market rebound. The Nasdaq composite also settled a record high, closing up 81 points to 11,211. Market analysis from Art  Hogan, Chief Market Strategist, National Securities. Single family home rents are coming down in L.A. for the first time in years. Economist Dr. Frank Nothaft, Chief Economist, Corelogic, has the latest report in our weekly "Frank" discussion on real estate and the mortgage business. An L.A. firm has taken rent forgiveness to the next level, approving a 90 day rent forgiveness to its tenants, as we hear from Daniel Alexander,