Mottek On Money

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks start the day lower as tensions rise between the U.S. and China, billionaire investor Warren Buffett reveals massive recent losses and sells out of his airline stock holdings. The Dow pulled back nearly 400 points in the early going. The market staged a comeback during the trading day led by tech companies and oil stocks as the price of oil rebounded above $20 a barrel. Carnival announced plans to resume some cruises out of several U.S. ports starting August 1st, The Dow came in for a closing gain of 26 points. The latest market actoin and Investing ideas discussed with Jim Hausberg, Managing Director, HighTower Advisors in Los Angeles. On the oil rebound, oil analyst John Kilduff, Again Capital, CNBC contributor. On the Carnival story and outlook, cruise industry expert, Cruise Guy Stewart Chiron, President,  www.Cruiseguy.comSupport the show: https://www.frankmottek.com