Mottek On Money

Mottek On Money Special Edition Special Edition - Covering Wall Street and Main Street: Stocks take the biggest one day tumble in a couple of weeks on an alarming rise in coronavirus cases. New York, New Jersey and Connecticut announced visitors from states (not including California at this point) with high infection rates of coronavirus will be required to quarantine themselves for 14 days when they visit the tri-state region. Meanwhile, California reported more than 7,100 new cases, an all time high. The IMF slashed its global economic forecasts for 2020. The Dow came in for a closing loss of 710 points. The Nasdaq retreated 222 points from a record high. Gold touched an eight year high just shy of $1,800 an ounce. Market analysis from Art Hogan, Chief Market Strategist, National Securities and Axel Merk, President, Chief Investment Officer, Merk Investments, manager of the Merk Funds https://www.merkinvestments.com/about-us/team/axel-merk.phpSupport the show: https://www.frankmottek.com