Mottek On Money

Mottek On Money Special Edition -  Coronavirus Crisis Bear Market: Stocks rally in the face of another load of tough news including the economic growth sank 4.8% in the first quarter and even larger plunge is expected this quarter. The market cheered some encouraging results of an experimental coronavirus treatment being developed by Gilead Sciences. The Fed held the line on its benchmark short term interest rate at 0% and pledged to bolster its economic rescue measures if needed. The Dow closed UP 532 points. Market analysis from Art Hogan, Chief Market Strategist, National Securities. Tracy Hernandez, Founding CEO, Los Angeles County Business Federation (www.bizfed.org) on how the L.A. business community is coping with the coronavirus crisis with various resources and also helping first responders. Serious health and financial issues for nursing home patients and their loved ones in this crisis discussed with Zoran Basich, elder law attorney and founder of Nursing Home Solutions ( www.nhscare.com ).Sup