Mottek On Money

Mottek On Money Special Edition - Wall Street and Main Street: Stocks take the biggest one day plunge since the bear market sell off three months ago. The Dow closes down nearly 1,900 points for a closing loss of nearly 7 percent. Markets were rattled by a rise in coronavirus hospitalizations just as the economy begins to reopen, the latest jobless claims report showing another 1.5M people got into unemployment lines over the past week, more store closings and the Fed's latest assessment of a tougher than expected economic road ahead. 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.Support the show: https://www.frankmottek.com