Mottek On Money

The Dow wraps up the week with a 460 point closing drop on new concerns about slowing global economic growth.  Investors are spooked by a possible recession signal in the U.S. bond market. Long-term bond yields plunged below short-term ones in what's known as an inverted yield curve. Analysis on the latest developments from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz. An L.A. based tech company is already offering consumers something like a "data dividend" pushed by California Governor Newsom. Democratic Southern California Congresswoman Maxine Waters has set a big consumer agenda as Chair of the House Financial Services Committee. Support the show: https://www.frankmottek.com