Mottek On Money

Stocks slip from record highs as the covid pandemic continues to weigh on the economy. Weekly jobless claims hit a five month high approaching one million, retail sales pulled back for the third month in a row. New hope for small business owners struggling in the pandemic with the resumption of the Paycheck Protection Program and promises of more economic stimulus from the incoming Biden administration. Analysis of the markets and the economy from Dr. Mohamed El-Erian, President, Queens College Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Celebrity Chef and global restauranteur Wolfgang Puck owner of Spago, Cut, Chinois and Wolfgang Puck Catering discusses the current state of the restaurant and catering business and his new reality series The Event on HBO Max which chronicles his catering of Hollywood's biggest celebrity events, and Kevin O'Leary, a.k.a. Mr. Wonderful mega investor on TV's Shark Tank, Chairman of O'Share's ETFs and Beanstox.   Support the show: https://www.