Mixed finish for stocks in a blizzard of earnings ahead of the end of a two day Fed policy setting meeting. Market analysis from Art Hogan, Chief Market Strategist, National Securities. Housing affordability gets worse in Los Angeles as home prices tick up 11.9% over the past year according to the latest S&P CoreLogic Case-Shiller home price index. The latest discussed with Dr. Frank Nothaft, Chief Economist, Corelogic. In Orange County, Colette's Children's Home www.coletteschildrenshome.com  is among the 20 OC non profit groups participating in the Help Them Home giving day event on Wednesday, April 28th to help the homeless. The homeless crisis and fundraiser discussed with Billy O'Connell, Executive Director, Colette's Children's Home. Support the show: https://www.frankmottek.com

Stocks rally ahead of the weekend as a new reading on manufacturing hits a record high and new home sales hit the highest since 2006. Mortgage rates pull back for the fourth week in a row. Stocks erase most of the losses seen in the previous session on reports President Biden plans to propose a tax hike on wealthy investors when he addresses a joint session of congress on Wednesday, the same day the Fed will wrap up a policy setting meeting. Bitcoin dips below $50K. Analysis of the markets, the economy and outlook from Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Art Hogan, Chief Market Strategist, National Securities, John Kilduff, Oil Analyst, Again Capital, CNBC contributor, Jeff Lazerson, President, MortgageGrader.com, O.C. Register columnist.     Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focused on Southern California real estate. Guests: Dr. Frank Nothaft, Chief Economist, Corelogic for our "Frank" discussion on real estate, the mortgage business and the economy. Corelogic has released its latest report on rents for single family homes. Jeff Lazerson, President, MortgageGrader.com and O.C. Register columnist has the latest on mortgage rates. Los Angeles City Councilmember Joe Buscaino, Chair of L.A.'s Trade, Travel and Tourism Committee, has an update on the waterfront redevelopment project in San Pedro and the massive infrastructure project underway at Los Angeles International Airport along with a discussion on L.A.'s economic recovery from the pandemic and solutions to L.A.'s homeless crisis.     Support the show: https://www.frankmottek.com

Another record shattering week for stocks and cryptocurrencies on signs the economy is on a roll continuing the recovery from the pandemic recession. The Dow ended the week at 34,201 after ending above 34K for the first time on Thursday. Bitcoin saw a record shattering week moving above 64K as the crypto exchange Coinbase made its Wall Street Debut. Analysis of the markets and the economy with Dr. Mohamed El-Erian, President, Queens College Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Scott Minerd, Global Chief Investment Officer, Guggenheim Investments, discusses the latest action on Wall Street and continued despair on parts of Main Street as L.A's homeless population continues to rise. He is leading the business community in supporting the Union Rescue Mission and its Angels of Hope fundraising telethon. More info here: www.URM.org  Economist Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center has an update on vaccine distributions and the impact of the pause on the Johnson and Johnson vaccine plus the announcement that the Milken Institute Global Conference will be held in person again in Beverly Hills later this year. Kevin O'Leary, a.k.a. Mr. Wonderful on Shark Tank, Chairman of O'Shares ETFs and Beanstox provides his insights on the markets, the economy and cryptocurrencies. Support the show: https://www.frankmottek.com

Stocks end the day at or near record highs. Bitcoin soars to a new high above $63K as the largest cryptocurrency exchange, Coinbase, is set for a direct listing on the Nasdaq. Both the SP500 and the Nasdaq close at all time highs. The Dow ended down 68 points, partially weighed down by shares of Johnson & Johnson which ended lower after U.S. regulators recommended a pause in administering its Covid vaccine to investigate reports of rare but potentially dangerous blood clots. The latest market action discussed with Art Hogan, Chief Market Strategist, National Securities. The latest readings on real estate, including mortgage delinquencies and foreclosures discussed with Dr. Frank Nothaft, Chief Economist at Corelogic and Oscar Wei, Deputy Chief Economist, California Association of Realtors.    Support the show: https://www.frankmottek.com

Stocks rally sending the Dow and SP500 to record highs. Big tech names participated in the latest rally as investors remain optimistic about economic growth and progress against the coronavirus pandemic. Bitcoin hovers near its all time high as more consumer facing companies invest in the cryptocurrency and begin accepting it as payments. Among them, Los Angeles based real estate company Caruso. The economic rebound, retail outlook and Bitcoin discussed with Los Angeles business and civic leader Rick Caruso, CEO of Caruso, developer of the most popular shopping destinations in Southern California including The Grove, Americana at Brand, Commons at Calabasas, Palisades Village as well the Rosewood Miramar Beach Resort in Montecito and the 8500 Burton Way luxury apartments. A new low-fare airline is set to start service at the Burbank airport. The new airline discussed with Andrew Levy, CEO of Avelo Airlines. Kevin O'Leary, a.k.a. Mr. Wonderful mega investor on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox discusses the latest news on Bitcoin, a record shattering week for stocks, inflation and what he sees as the best looking economy since the 1950's on the horizon.    Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focusing on Southern California real estate. Home prices tick higher. Fixed rate mortgage rates move up. Affordability and availability the big issues as the traditional spring home buying season begins. Rays of sunshine in commercial real estate as pandemic restrictions are eased. The very latest reports from Dr. Frank Nothaft, Chief Economist, Corelogic, Oscar Wei, Deputy Chief Economist, California Association of Realtors, Spencer Levy, Chairman of Americas Research and Senior Economic Advisor for CBRE. Support the show: https://www.frankmottek.com

A blockbuster March jobs report shows the economy added 916K jobs and the nation's unemployment rate fell to 6% from 6.2% as pandemic restrictions ease in many states including California. In reaction, benchmark government bond yields moved higher Friday in a holiday shortened session. The SP500 closed at a record high ahead of the three day Easter holiday weekend after the Dow had achieved a record high earlier in the week. Wall Street cheered the President's proposed $2.3T infrastructure plan, a strong reading on manufacturing and the latest vaccine news. Analysis of the markets and the economy from Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Jeff Lazerson, President, MortgageGrader and OC Register columnist, Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox.    Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focusing on Southern California real estate and the latest readings on home prices, sales and the impact of Proposition 19 on real estate. Guests: Dr. Frank Nothaft, Chief Economist, Corelogic with the latest SP Corelogic Case Shiller Home price index which includes Los Angeles, San Diego and San Francisco. Economist Jordan Levine, Chief Economist, California Association of Realtors and Los Angeles County Assessor Jeff Prang on the next phase of Prop 19 kicking in on April 1st and what you need to know about it.Support the show: https://www.frankmottek.com

A late rally sends the Dow and SP500 to record highs on the best consumer confidence reading in a year, optimism about the ongoing covid vaccine rollout in the U.S. and the price of oil climbing above $60/barrel as a massive cargo ship continues to block the Suez Canal impacting oil tankers and hundreds of other ships. New concerns about a third wave of Covid in parts of Europe. Mortgage rates move up for the 6th week in a row. Analysis of the markets and the economy from John Kilduff, oil analyst, Founding Partner, Again Capital, CNBC contributor, Ben Stein, financial commentator, economist, author in a special "Frank and Stein" segment, Jeff Lazerson, President, MortgageGrader.com and O.C. Register columnist and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox.     Support the show: https://www.frankmottek.com

Stocks pull back as coronavirus lockdowns are started or extended in parts of Europe including France, Germany, Poland and Greece. The Dow retreats 300 points at the closing bell. Oil tumbles 6% to $57.76/barrel on lower demand expectations. Meanwhile, Fed Chair Jerome Powell and Treasury Secretary Yellen deliver an upbeat assessment of the U.S. economic recover in a joint appearance before the House Financial Services Committee. Analysis of the latest market action with Art Hogan, Chief Market Strategist, National Securities. An update on commercial real estate from Spencer Levy, Chairman of Americas Research and Senior Economic Advisor for CBRE. And on the residential real estate side, the very latest readings plus the impact of higher mortgage rates and Prop 19 discussed with Oscar Wei, Deputy Chief Economist, California Association of Realtors. Support the show: https://www.frankmottek.com

Mixed finish to a choppy but record shattering week for blue chip stocks. After closing at a record high above 33K for the first time on Wednesday, the Dow pulled back heading into the weekend as benchmark government bond yields hit 14 month highs sending mortgage rates higher. Fed Chair Jerome Powell reiterates the Fed's commitment "to provide the economy with the support that it needs for as long as it takes." Travel activity picks up with some cruise lines announcing plans to resume cruises in the Caribbean soon. The latest on the financial markets and the economy with Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, "Cruiseguy" Stewart Chiron, cruise industry expert, President, CruiseGuy.com, Jeff Lazerson, President, Mortgagegrader.com and O.C. Register columnist, Gregg Wind, CPA, Partner, Kallman & Logan, West L.A., Kevin O'Leary, a.k.a. Mr. Wonerful on TV's Shark Tank, Chairman of O'Shares ETFs, Beanstox and Kevin O'Leary Fine Wines. Support the show: https://www.frankmottek.com

Blue chip stocks slip slightly from record highs as the Fed begins a two day policy setting meeting that's set to wrap up on Wednesday with a statement on the economy, a decision on interest rates and a news conference by Fed Chairman Jerome Powell. The Dow slipped 128 points from its record high to settle at 32,826. Bitcoin pulled back a bit more from its record high and is now hovering near $56,500 after getting close to $61K over the weekend. The latest on the markets, economy and outlook from Art Hogan, Chief Market Strategist, National Securities. New readings on L.A. area home sales, home prices and single family rents. The latest discussed with Dr. Frank Nothaft, Chief Economist, Corelogic and Jordan Levine, Chief Economist, California Association of Realtors.    Support the show: https://www.frankmottek.com

Blue chip stocks end the week at record highs following the signing into law of the $1.9T pandemic relief package one year after the devastating Covid pandemic was declared. Direct payments of up to $1,400 to individuals are expected to start flowing to bank accounts and mail boxes starting this weekend. Tech stocks pulled back as long term government bond yields ticked higher in a volatile week. Bitcoin got close to its record high above $58K before pulling back. The record breaking $69.3 million sale at auction of a purely digital work of art has grabbed the attention of the worlds of art and cryptocurrency and shined the spotlight on something called "non-fungible tokens." Southern California counties are set to move out of the most restrictive covid prevention rules allowing businesses including restaurants and theaters to reopen some indoor operations. The latest on the markets and the economy discussed with Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor at Allianz, former PIMCO CEO in Newport Beach, Celebrity Chef Wolfgang Puck, global restauranteur including Spago, Cut, Chinois, and Wolfgang Puck Catering, Economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center and Kevin O'Leary, a.k.a. Mr. Wonderful Mega Investor on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox with a comprehensive conversation including Bitcoin, the record sale of the digital artwork, the latest Gamestop mania and the next season of Shark Tank returning to production in Los Angeles. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focused on Southern California residential and commercial real estate as the economy continues to recover from the pandemic recession. Guests: Dr. Frank Nothaft, Chief Economist, Corelogic, with the latest report on delinquencies and foreclosures, Jordan Levine, Chief Economist, California Association of Realtors with an update on home prices and sales as well as the association's push for a fair housing and equity legislative package in Sacramento. On commercial real estate, Spencer Levy, Chairman of Americas Research and Senior Economic Advisor, CBRE and David Damus, President/CEO, System Property Development and System Parking which recently celebrated its 100th anniversary in Los Angeles.  Support the show: https://www.frankmottek.com

Stocks wrap up a volatile week with a rally after yet another roller coaster ride as long term government bond yields make unusually wide moves before pulling back. The Dow ended the week with a closing gain of nearly 600 points. The bond market has reportedly just had its third worst week since the year 1830. Oil prices spike to the highest in nearly 2 years, moving above $66 a barrel. Gas prices in L.A. have hit the highest in more than a year. Better than expected news on the job front as the economy adds 379K jobs last month and the nation's unemployment rate slips to 6.2. Meanwhile work continues in Washington on a $1.9T Covid relief package and vaccine rollouts continue. Analysis on the markets and the economy from Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox, John Kilduff, oil analyst, Founding Partner of Again Capital, CNBC contributor 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

Mottek On Money Special Edition focused on Southern California real estate including the latest report on home price growth from Corelogic Chief Economist Dr. Frank Nothaft, the latest on home sales and prices from Jordan Levine, Chief Economist at the California Association of Realtors and the latest on mortgage rates from Jeff Lazerson, President, MortgageGrader.com and O.C. Register columnist. Stocks pull back after what was the biggest one day rally of 2021.  A mortgage company stock among the big winners. The latest on the markets and the economy from Art Hogan, Chief Market Strategist at National Securities. Support the show: https://www.frankmottek.com

Stocks take a bumpy ride and end the week lower as the yield on the benchmark 10 year note moves sharply higher sending mortgage rates up. The Dow posted 2 days of triple digit losses in a row. All of the major averages ended the month of February with gains. Bitcoin hit a record high above $57,000 and ended the week about $10K below that. The latest on the markets, the economy and Bitcoin discussed with Dr. Mohamed El-Erian, President, Queens' College Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach https://www.mohamedel-erian.com/  and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETFs and www.Beanstox.com  The latest on mortgage rates discussed with Jeff Lazerson, President, www.mortgagegrader.com  and O.C. Register columnist. The new Johnson and Johnson Covid vaccine will be available next week in California if all goes as planned. The latest on the vaccine rollout and outlook on the economic recovery discussed with Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. https://milkeninstitute.org/centers/fastercuresSupport the show: https://www.frankmottek.com

Mottek On Money Special Edition focused on Southern California real estate and an impressive turnaround for the stock market with the Dow erasing about a 360 point intraday loss. The latest S&P Corelogic Case-Shiller Home Price index shows continuing price gains for Los Angeles and San Diego. The latest real estate trends discussed with Dr. Frank Nothaft, Chief Economist, Corelogic and Jordan Levine, Chief Economist, California Association of Realtors. On commercial real estate, Spencer Levy, Chairman of Americas Research and Senior Economic Advisor, CBRE. Stocks stage a late rally following the latest comments from Fed Chairman Jerome Powell on Capitol Hill. Bitcoin slides from its recent high. Analysis of the markets from Art Hogan, Chief Market Strategist, National Securities. Support the show: https://www.frankmottek.com

Another record shattering week for stocks and cryptocurrency Bitcoin which soared above $56,000. Mixed readings out on the pandemic ravaged economy including jobless claims up 13K to 861K. Retail sales jumped a better than expected 5.3% in January. L.A. area gas prices edge higher as a severe winter snow storm paralyzes the fuel industry in Texas sending oil above $60/barrel. Analysis of the markets, the economy and Bitcoin from Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and Kevin O'Leary a.k.a Mr. Wonderful on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox. Bill Allen, President/CEO, Los Angeles County Economic Development Corporation discusses the recent 2021 LAEDC Economic Forecast and discusses an upcoming event to guide people to community colleges in order to train for jobs that are in demand right now. www.laedc.org www.competitiveworkforce.la Support the show: https://www.frankmottek.com

Stocks end the week at record highs ahead of the three day Valentine’s Day / President's Day holiday weekend. Bitcoin grabs the spotlight after hitting a record high above $48,000 over the past week. Elon Musk's Tesla announced a $1.5B purchase of Bitcoin and plans to accept Bitcoin for vehicle purchases. Other companies including banking giant BNY Mellon announced plans to offer Bitcoin services. Analysis of the markets, the economy and cryptocurrencies from Dr. Mohamed El-Erian, President, Queen's College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox and Economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. The premier economic forecast event for the Los Angeles area businesses is set for Wednesday, February 17th. The LAEDC Economic Forecast event will be virtual this year. www.laedc.org One of the keynote speakers, Bruce Katz, Founding Director of the Nowak Metro Finance Lab at Drexel University, previews his presentation on work to achieve a more equitable post pandemic economic recovery for Los Angeles.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focused on real estate. Guests: Economist Dr. Frank Nothaft, Chief Economist, Corelogic with the latest report on mortgage foreclosures and delinquencies in the pandemic recession. L.A. County Assessor Jeffrey Prang discusses Proposition 19, the first phase of which is set to be implemented next week impacting property taxes in California.  www.assessor.lacounty.gov Economist Jordan Levine, Chief Economist, California Association of Realtors. Support the show: https://www.frankmottek.com

Stocks rack up a five day winning streak, the longest since August, and wrap up the week before Super Bowl Sunday at or near record highs. President Biden's $1.9T pandemic rescue package moved forward in the U.S. Senate and the latest encouraging news on vaccine distribution helped propel the market higher. The so called Reddit Rally stocks saw a volatile week with GameStop shares closing up 19% on Friday but posting a loss of 80% for the week. Analysis of the latest market action from Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox. www.beanstox.com Los Angeles gas prices surge as the price of oil nears $60/barrel, the highest since before the pandemic crisis. The outlook for consumers and investors from oil analyst John Kilduff, Founding Partner of Again Capital, CNBC contributor. The vaccine rollout accelerates. The latest on Covid vaccines from Economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. www.milkeninstitute.org/centers/fastercures Could be another volatile week for GameStop and other stocks that have been wildly popular with retail investors. Market veteran Michele "Mish" Schneider, Director of Education and Research at www.MarketGauge.com discusses the Reddit Rally and what might be ahead.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the pandemic. Today a special focus on the markets and real estate. Stocks rally on the latest earnings news, stimulus talks in Washington and vaccine distribution. The Dow closed up 476, Nasdaq gained 209 and the SP500 settled up 52. The so called Reddit Rally stocks which have seen big gains over the past week moved sharply lower including GameStop which closed down 60%, down $135 to $90. Silver slides 10%.  Oil moves above $55 dollars a barrel for the first time in a year. Amazon's Jeff Bezos announces plans to step down as CEO and will transition to executive chairman of Amazon’s board. Market analysis from Art Hogan, Chief Market Strategist, National Securities. Home prices tick higher in L.A. and nationwide according to a new report on home price growth from Corelogic. The latest on real estate from Economist Dr. Frank Nothaft, Chief Economist at Corelogic and Economist Jordan Levine, Chief Economist, California Association of Realtors.Support the show: https://www.frankmottek.com

A week of manic trading on Wall Street with stocks including GameStop, AMC Entertainment and others soaring after individual investors on the popular free trading app Robinhood heavily bought those stocks in a social media frenzy while Wall Street investors placed big bets against those stocks. The wild moves in the market over the past several trading sessions have led to calls for congressional hearings and regulatory action. While others don't want to see any restrictions or regulations. GameStop shares soared 400% for the week. The Dow wrapped up the week with a closing loss of 621 points to 29,983, its worst week and worst month since October. Expert analysis on the markets and the economy, as well as an explanation of the manic market moves, from Dr. Mohamed El-Erian, President, Queens, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox. The L.A. economy is being slowly reopened again this week. The latest from Wilmington-San Pedro L.A. City Councilmember Joe Buscaino and Bill Allen, President/CEO, The Los Angeles County Economic Development Corporation (LAEDC) www.LAEDC.org  www.saferatwork.la Support the show: https://www.frankmottek.com

Stocks bounce back after the worst one day drop since October as market mania continues with some brokerage platforms now stopping, suspending or limiting trading on certain stocks such as GameStop which have seen big moves in the so called Reddit Rally. Some lawmakers are now calling the stock market's integrity into question and are calling for congressional hearings as well as investigations. The Dow, which had been up about 650 points earlier in the session, came in for a closing gain of 300. Analysis of the market action 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. Today marks the 35th anniversary of the Space Shuttle Challenger disaster. We honor the memory of the 7 Challenger astronauts including high school teacher Christa McAuliffe. A look back and a look ahead with retired NASA Astronaut and U.S. Navy Captain Robert Crippen who piloted the first space shuttle flight of Columbia in 1981. He later commanded 3 other space shuttle missions aboard Challenger. He also served as director of the entire space shuttle program and then as director of the Kennedy Space Center. www.stemadvantage.org  www.challenger.org   Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focused on residential and commercial real estate. L.A. home prices post a yearly gain of 9.1% according to the latest S&P CoreLogic Case-Shiller home price index. San Diego home prices are up 12.3%. Home prices and sales continue to show impressive gains during the pandemic as mortgage rates continue to hover at or near record lows. Industrial real estate continues to be the shining star in commercial real estate as other sectors including office, restaurants and retail continue to struggle. The latest readings on real estate and analysis from Dr. Frank Nothaft, Chief Economist, Corelogic, Jordan Levine, Chief Economist, California Association of Realtors, Lewis Horne, President, Pacific Southwest Division, CBRE, past chairman of the Los Angeles County Economic Development Corporation (LAEDC) Support the show: https://www.frankmottek.com

Another record shattering week for stocks as President Biden takes office and proposes a $1.9T American Rescue Plan saying the U.S. economic crisis was deepening because of the ongoing pandemic. Former Fed Chair Janet Yellen is set be confirmed by the U.S. Senate as the next U.S. Treasury Secretary. The Nasdaq ended the week at a record high and up 4.2% for the week. California's economy struggles as the vaccine rollout disappoints. Analysis on the markets and the economy from Dr. Mohamed El-Erian, President, Queens College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox, Economist Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center. Cruiselines make another tough announcement on cancelling more cruises into the new year because of the pandemic. The latest discussed with cruise industry expert Stewart Chiron, President, www.Cruiseguy.com  Support the show: https://www.frankmottek.com

Stocks slip from record highs as the covid pandemic continues to weigh on the economy. Weekly jobless claims hit a five month high approaching one million, retail sales pulled back for the third month in a row. New hope for small business owners struggling in the pandemic with the resumption of the Paycheck Protection Program and promises of more economic stimulus from the incoming Biden administration. Analysis of the markets and the economy from Dr. Mohamed El-Erian, President, Queens College Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Celebrity Chef and global restauranteur Wolfgang Puck owner of Spago, Cut, Chinois and Wolfgang Puck Catering discusses the current state of the restaurant and catering business and his new reality series The Event on HBO Max which chronicles his catering of Hollywood's biggest celebrity events, and Kevin O'Leary, a.k.a. Mr. Wonderful mega investor on TV's Shark Tank, Chairman of O'Share's ETFs and Beanstox.  Support the show: https://www.frankmottek.com

Stocks wrap up the first week of 2021 at record highs despite a chaotic week in Washington, new alarming numbers on the covid pandemic and job losses last month for the first time since last April. The market was lifted by expectations of massive economic stimulus from the soon to be Democratic controlled White House and congress. Bitcoin soars above $40K for the first time. LA's Union Rescue Mission sees its most challenging time ever helping L.A.'s homeless. www.URM.org  Analysis on the markets and main street economy from Dr. Mohamed El-Erian, President, Queens College Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Scott Minerd, Global Investments Chief, Guggenheim Partners, and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, chairman of O'Shares ETFs and Beanstox. Los Angeles business and civic leader Rick Caruso, CEO, Caruso, pays tribute to two tireless champions of L.A. as the city mourns their loss this weekend: Hall of Fame Dodgers Manager Tommy Lasorda who has died at the age of 93 and former Los Angeles City Councilmember Tom Labonge, known as Mr. L.A., who has died at age 67. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street in the coronavirus crisis: Stocks rally to record highs on new stimulus hopes a day after the U.S. Capitol is stormed and congress certifies the election of Democrat Joe Biden as the next President. Tesla shares ride to new highs above $800 driving Elon Musk to the top of the list of the world's wealthiest people passing up Amazon's Jeff Bezos. Bitcoin pops above $40K for the first time. Analysis of the markets and the economy, investment ideas for 2021 and more with Gabriel Wisdom, CEO, Managing Director, American Money Management and Economist Kevin Klowden, Executive Director of the Milken Institute’s Center for Regional Economics and California Center. (Apologies in advance to all of our great listeners for my bout of laryngitis on this edition. 2020 and the roaring start to '21 finally caught up with me!)   Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks edge higher on the second day of trading in 2021, with the Dow up 168 points at the close, partially rebounding from the nearly 400 point closing loss the Dow sustained on the first trading day of the new year after a record shattering 2020. Investors were cautious ahead of the U.S. Senate seat run off election results in Georgia which could change the balance of power in the senate. Residential real estate prices continue to surge while commercial real estate stays under pressure in the ongoing pandemic. Analysis of the markets and the economy with Art Hogan, Chief Market Strategist, National Securities, Dr. Frank Nothaft, Chief Economist, Corelogic, www.corelogic.com  Jordan Levine, Chief Economist, California Association of Realtors. www.CAR.org  Support the show: https://www.frankmottek.com

Happy New Year! Stocks close out the tumultuous pandemic year of 2020 at or near record highs with the Dow and SP500 ending all time highs, the Nasdaq closes out the year just below its all time high and sees its a nearly 44 percent gain for the year, its best annual gain since 2009. Gold and silver posted double digit gains for the year as the dollar sank to a 2 1/2 year low against other major currencies. Bitcoin hit a record high above $29,000. Oil wrapped up the year at $48.52/barrel rebounding from the 2020 low of negative $40 during the economic shutdown. Optimism persists for 2021 over new stimulus, Covid vaccines and Fed action. Analysis of the markets and the economy from Dr. Mohamed El-Erian, President, Queens College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, John Kilduff, Founding Partner, Again Capital, CNBC contributor, Kevin O'Leary, a.k.a. Mr. Wonderful mega investor on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox. Support the show: https://www.frankmottek.com

Santa shows up on Wall Street on Christmas eve as stocks end the holiday shortened week slightly higher. Drama continues to play out in Washington over the pandemic economic rescue package and the amount of the direct stimulus checks to individuals. A vote is now set for Monday in congress on increasing the amount from $600 to $2000. The holiday shopping season, the business outlook, retail trends and philanthropy discussed with Los Angeles business and civic leader Rick Caruso, CEO, Caruso, developer of the most successful outdoor shopping destinations in Southern California including the Grove. www.thegrovela.com www.paralosninos.org www.operationprogressla.org Economist Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center discusses what's next following the hang up of the pandemic stimulus package as covid cases spike. Kevin O'Leary, a.k.a. Mr. Wonderful mega investor on TV's Shark Tank, Chairman, O'Shares ETF's and Beanstox discusses the stimulus, the markets, the economy, vinyl music record sales hitting a record high and his doppelganger Post Malone.       Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: The holiday season, economy, consumers, pandemic, retail trends, education, philanthropy and the outlook for 2021 discussed with master entrepreneur Rick Caruso, CEO, Caruso, Los Angeles business innovator, civic leader and philanthropist, developer of the most successful outdoor shopping destinations in Southern California including The Grove, www.thegrovela.com  Americana at Brand, Commons at Calabasas, Palisades Village, residential properties including 8500 Burton Way www.8500burton.com  and oceanfront hotel in Santa Barbara County, the Rosewood Miramar Beach resort in Montecito www.rosewoodhotels.com/en/miramar-beach-montecito and Chair, USC Board of Trustees www.usc.edu Chair, advisory board of USC Caruso Catholic Center www.catholictrojan.org Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks post a mixed finish with the Nasdaq ending the day at a record high. The Dow pulled back 200 points at the close. The financial markets digested the passage of a $900B economic rescue package in Washington, new alarming covid numbers, the latest consumer confidence reading hitting the lowest since May and Apple moving close to a record high on new buzz about a possible Apple car in the works. Analysis on the markets and the economy from veteran market strategist Art Hogan, Chief Market Strategist, National Securities. California real estate sales remain strong while other parts of  the country are seeing a pull back. The latest on real estate discussed with Jordan Levine, Chief Economist, California Association of Realtors. Support the show: https://www.frankmottek.com

A record shattering week for stocks on the latest assurances from the Fed, the start of covid shots, the FDA approval of a second coronavirus vaccine for emergency use and work on another economic rescue package in Washington. Meanwhile, the coronavirus crisis continues with cases and deaths hitting new highs, business restrictions lead to a jump in jobless claims for the second week in a row and retail sales dipped last month at the start of the holiday season. The latest on the markets and the economy discussed with Dr. Mohamed El-Erian, President, Queens College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful mega investor on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox. Jeff Lazerson, President, Mortgage Grader and Orange County Register columnist discusses mortgage rates hitting record lows and changes that could allow more consumers access to home loans. Certified Public Accountant Gregg Wind, Partner, Kallman and Logan & Co. CPAs, West Los Angeles, Past-President, LA Chapter of the California Society of CPAs, discusses 2020 year end tax planning.   Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks rally to record highs on signs a $900B pandemic rescue package is coming together in congress and could be approved by this weekend. An FDA advisory panel declares the covid vaccine made by drug company Moderna safe and effective. All this as covid cases and deaths continue to spike and the economic impact continues to be felt with unemployment lines getting longer this past week by more than 20K to 885,000, a nearly four month high. The Dow closes up 149 points to 30,303. Bitcoin hits a record high above $23,000. The latest on the markets and the economy discussed with 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. Our series continues recognizing outstanding entrepreneurs in this pandemic year. L.A. based  Thorofare Capital’s Kevin and Brendan Miller were selected by EY as finalists for the Entrepreneur of the Year 2020 Awards in Greater Los Angeles. Thoroughfare Capital's founder and CEO Kevin Miller discusses the firm, commercial real estate lending in the pandemic and the entrepreneurial spirit in L.A. Support the show: https://www.frankmottek.com

The FDA approves emergency use of the Pfizer/BioNTech covid vaccine for use in the U.S. as coronavirus cases and deaths continue to surge with the national death toll now approaching 300,000. Jobless claims hit a three month high as new business restrictions kick in. Meanwhile, no deal yet in Washington on a proposed $900B economic rescue package. Stocks pulled back after a record run up in a week which featured the Airbnb IPO, the biggest initial public stock offering of the year. Analysis on the markets and the economy with Dr. Mohamed El-Erian, President, Queens College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and Kevin O'Leary, Mr. Wonderful investor on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox. L.A. county hair salons and barber shops endure a third government ordered shutdown because of the ongoing pandemic. The latest discussed with Giuseppe Franco, celebrity hair stylist and salon owner in Beverly Hills. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks post a mixed finish on the latest weekly jobless claims moving up to a three month high on new business shutdowns in the face of a record rise in covid cases, stimulus talks continuing but still no deal in Washington and an FDA advisory committee meeting to approve emergency authorization of the Pfizer - BioNTech covid vaccine (which was given after the closing bell). Airbnb becomes the biggest IPO of the year and the stock soars more than 100% in its Nasdaq debut. The Dow slips 70, Nasdaq gains 67, SP500 closed down 5 points. The latest on the markets and the main street economy discussed with Art Hogan, Chief Market Strategist, National Securities www.yournational.com  John Carroll, Owner Caroll Custom men's clothing in Beverly Hills www.carollcustom.com and Economist Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center www.milkeninstitute.org       Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Another record shattering day for stocks after a lower start on sluggish stimulus talks in Washington as covid numbers continue to spike to new highs. The latest vaccine news including the start of covid shots in the UK and expectations a covid shot will be approved within days in the U.S. turned the market higher. Tesla ended the day at a new high sending its market cap above $600B. Analysis of the markets, the economy and latest vaccine news with Art Hogan, Chief Market Strategist, National Securities. The latest on real estate, the mortgage business and California property taxes due this week with guests including Dr. Frank Nothaft, Chief Economist, Corelogic, Leslie Appleton-Young, Chief Economist, Calfiornia Association of Realtors and Dan McAllister, San Diego County Treasurer-Tax Collector.  www.sdttc.com Support the show: https://www.frankmottek.com

Stocks wrap up the week at record highs as economic stimulus talks resume in Washington following a weaker than expected reading on hiring for the month of November in the face of an alarming rise in coronavirus cases. The latest news on covid vaccines remains encouraging. Analysis on the markets, economy, vaccines and entrepreneurs with Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox. Top L.A. entrepreneurs are honored at the EY Entrepreneur of the Year Awards for Greater Los Angeles. Among them Dr. Thomas Buttgenbach, co-founder, CEO and President of L.A. based 8minute Solar Energy and Gail Becker, Founder and CEO of L.A. based CAULIPOWER. Jeff Lazerson, President, Mortgage Grader and O.C. Register columnist discusses mortgage rates hitting new lows. Support the show: https://www.frankmottek.com

A record shattering Thanksgiving week for the stock market which saw the Dow soar above 30K for the first time in reaction to the latest coronavirus vaccine news, the start of the presidential transition in Washington and President Elect Biden's selection of former Fed Chair Janet Yellen for U.S. Treasury Secretary. New concerns for the main street economy in the face of rising covid case numbers. Unemployment claims rise for the second week in a row to 778K. Restaurant owners in Los Angeles are outraged over L.A. County's decision to shutdown outdoor dining at restaurants (as well as indoor dining) on the day before Thanksgiving. The holiday shopping season begins. Analysis on the markets and the economy from Dr. Mohamed El-Erian, President, Queens College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Economist Kevin Klowden, executive director, Milken Institute’s Center for Regional Economics and California Center, Los Angeles business and civic leader Rick Caruso, CEO, Caruso, developer of shopping destinations including The Grove, Americana at Brand, Commons At Calabasas and Pacific Palisades, and Kevin O'Leary, a.k.a. Mr. Wonderful investor on Shark Tank, Chairman of O'Shares ETF's and Beanstox. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks rally to record highs with the Dow blowing past 30,000 for the first time and closing at a record high above 30K. Investors continued to cheer the latest news on coronavirus vaccines in the face of rising covid cases along with the transition in Washington to President-Elect Joe Biden which is now officially underway. The latest news discussed with Art Hogan, Chief Economist, National Securities. Los Angeles home prices move up 7.7% over the past year, sales activity remains sizzling and mortgage rates hover at or near record lows. The latest on real estate discussed with Dr. Frank Nothaft, Chief Econoimst, Corelogic, Leslie Appleton Young, Chief Economist, California Association of Realtors, Jeff Lazerson, President, MortgageGrader.com and OC Register Columnist. KNX traffic anchor and Gi's of Comedy comedian Thom Tran tells us about The Laugh Factory in Hollywood continuing a Thanksgiving tradition this year providing meals and a laugh to those who want it thanks to Laugh Factory owner Jamie Masada.      Support the show: https://www.frankmottek.com

Mottek on Money Special Edition covering Wall Street and Main Street in the coronavirus crisis: Tough times have hit the restaurant business in LA this holiday season. The state imposed a nearly statewide nighttime curfew from 10pm to 5am over the weekend. And now Los Angeles County has ordered all outdoor dining at restaurants across LA County shut down starting Wednesday, November 25th (the day before Thanksgiving) and no on-site dining (indoor or outdoor) will be permitted for at least three weeks due to an alarming spike in Covid cases. The business impact on the restaurant business discussed with celebrity chef and global restauranteur Wolfgang Puck whose restaurant empire includes Spago, Cut, Chinois and Wolfgang Puck Catering. Stocks start the week higher on the latest positive Covid vaccine candidate news, this time from drug company AstraZeneca. Support the show: https://www.frankmottek.com

Another week for the record books on Wall Street with the latest coronavirus vaccine news sending the Dow up to its first record high close since the vicious bear market sell off at the start of the pandemic. After closing just below 30K on Monday, stocks ended the volatile week mostly lower as alarming coronavirus case numbers prompted new business restrictions including a 10pm to 5am curfew in California at the start of Thanksgiving week. Many restaurant owners are outraged. The latest discussed with Chef Wolfgang Puck, creator of a global restaurant empire including Spago, Cut, Chinois and Wolfgang Puck Catering. The job picture improves dramatically in Los Angeles since the pandemic shutdowns early in the year. The latest on the L.A. economy discussed with Bill Allen, President/CEO, LAEDC. www.LAEDC.org  The latest on the markets and the economy with Art Hogan, Chief Market Strategist, National Securities and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Stocks end higher on new stimulus hopes after coming under pressure early in the session on alarming coronavirus cases numbers, jobless claims rising for the first time in five weeks and dire warnings from hotels and other industries. Existing home sales surge on record low mortgage rates. The Dow came in for a closing gain of 45 points. California Governor Gavin Newsom announces California is imposing an overnight curfew starting Saturday through December 21st to head off the surge in coronavirus cases. Analysis on the markets and economy from Art Hogan, Chief Market Strategist, National Securities, Kevin Klowden, Executive Director of the Milken Institute’s Center for Regional Economics and California Center. Healthcare related information technology takes a prominent role in the coronavirus crisis. Despite increased demand, health IT faces pressure with jobs on the line and new calls for government help. The sector discussed with Ash Gupta, Managing Partner at Emerald Star Capital, a social impact fund based in Palo Alto. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: After a vaccine fueled rally this month, stocks take a breather pulling back from the record highs achieved in the previous session. The Dow ended with a closing loss of 167 to 29,783. Retail sales ticked up for the fifth month in a row but came in a bit weaker than expected in October. Fed Chairman Jerome Powell told a business conference the surge in covid cases could slow the economy in the months ahead by discouraging consumers from spending. Analysis of the record run up in the stock market and latest on the economy discussed with famed Wharton Business School Finance Professor Jeremy Siegel. California real estate prices hover at or near record highs as mortgage rates hover at or near record lows. The latest readings from Leslie Appleton-Young, Chief Economist and SVP, California Association of Realtors, Dr. Frank Nothaft, Chief Economist, Corelogic, and Jeff Lazerson, President, Mortgage Grader and Orange County Register Columnist. Support the show: https://www.frankmottek.com

Stocks rally on optimism that a coronavirus vaccine will soon be available in the U.S. Covid cases meanwhile rise in all 50 states as authorities warn against having large holiday gatherings in hopes of slowing the spread of the out of control virus.  The SP500 ended the week at a record high. All of the other major averages touched record intraday highs early in the week. Analysis of the markets and the Main Street economy from Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Share's ETF's and Beanstox, Economist Robert Kleinhenz, Principal, Kleinhenz Economics, Associate Director of Research, Office of Economic Research, Cal State Long Beach https://cla.csulb.edu/departments/economics/office-of-economic-research/csulb-regional-economic-forum/ Jeff Lazerson, President of Mortgage Grader and OC Register columnist discusses the latest on mortgage rates and a spike in mortgage delinquencies. Armando Castro, Jr., Owner, El Floridita restaurant in Hollywood, discusses the challenges of staying in business during the pandemic as long time customers beg for the return of salsa music and dancing as soon as possible.  www.elfloridita.com Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks slide as covid cases rise. Fed Chairman Jerome Powell told a conference "the next few months could be challenging" as the virus spreads. Chicago issues a stay-at-home advisory as covid cases there reach a critical point. The Dow closes down 317 points. Weekly unemployment claims hit a new pandemic low of 709K. Analysis of the markets and the economy from Art Hogan, Chief Market Strategist, National Securities, Economist Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center. Cruiseline stock take a choppy ride this week on the latest vaccine and covid news. The latest on the outlook for U.S. cruises with industry expert Stewart Chiron, President, www.Cruiseguy.com Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks touch RECORD HIGHS at the opening bell on news a potential covid vaccine from drug giant Pfizer and German biotech firm BioNTech showed it might be 90% effective at preventing COVID19. Political dust continues to settle after former Vice President Joe Biden was projected the winner of the presidential election over the weekend. President Trump mounts a legal fight over the election results. U.S. coronavirus cases continue to rise at an alarming rate. The Dow closes up 835 points after jumping 1,600 at the opening bell. The Nasdaq ends the day lower by 181 points after hitting record intraday highs. The "economy reopening" stocks rallied while so called "stay at home" tech stocks pulled back. Analysis on the markets and the economy from Art Hogan, Chief Market Strategist, National Securities. Kevin Parikh CEO and Chairman of the Avasant Group of companies www.avasant.com and the Avasant Foundation discusses how technology has evolved for businesses during the pandemic, support for www.innovateucla.org and what's ahead.   Support the show: https://www.frankmottek.com

An election week rally on Wall Street sends the major stock averages to near record highs with weekly gains of about seven to nine percent as the political dust continues to settle following Tuesday's election. The October jobs report came in better than expected with hiring coming in at 638K jobs and the nation's unemployment rate moved down to 6.9% from 7.9%. The Fed held the line on its benchmark short term interest rate and pledged more support for the economy. Analysis of the markets and the economy from Dr. Mohamed El-Erian, President, Queens College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman of O'Share's ETFs and Beanstox. J.R. Rahn, CEO, co-founder, MindMed discusses so called "Magic Mushrooms" getting new attention in medicine and the business world as Oregon becomes the first state to legalize psychedelic mushrooms for therapeutic use.   Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: The election week stock market rally continues sending all of the major averages near record highs as the presidential election vote count continued in battleground states. The Dow closed up another 543 points, Nasdaq gained 300 and the SP500 ended up 67. Analysis on the markets and the economy from money manager Ken Winans, President, Winans Investments and Economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. Theresa Miller, CIO, Lionsgate and 2020 Chair of  Innovate@UCLA discusses technology's impact during the pandemic and the 2020 Innovate@UCLA virtual leadership awards on November 12th at 530pm https://www.eventbrite.com/e/innovateucla-executive-leadership-awards-virtual-event-tickets-119294821021 for the first time the event is free and open to the business community https://innovateucla.org/  Dr. Anne Rimoin, Professor of Epidemiology at the UCLA Fielding School of Public Health and Infectious Disease Division of the Geffen School of Medicine updates the Los Angeles business community on the pandemic. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks stage a big post election rally as the vote count continues in the undecided presidential race in the battleground states. The Dow jumped more than 700 points during the trading day and came in for a closing gain of 368. The Nasdaq popped 430 points higher. Analysis of the markets, the economy and election impact from Art Hogan, Chief Market Strategist, National Securities. Jamie Court, President, Consumer Watchdog www.consumerwatchdog.org discusses California voters approving Proposition 24, which extends consumer privacy protections. Home prices tick higher again in Southern California. The very latest discussed with Dr. Frank Nothaft, Chief Economist, Corelogic, in our Frank discussion on real estate, the mortgage business and the economy. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks start the new week and new month of November with a rally following the worst week the market had seen in seven months on rising coronavirus cases. Better than expected readings on manufacturing and construction spending gave the market a boost on election eve. The Dow came in for a closing gain of 423 points to kick off a busy week including the Presidential election, a Fed policy setting meeting and the release of the October jobs report on Friday. Analysis of the markets and the economy from Art Hogan, Chief Market Strategist, National Securities. On the main street economy, California voters will decide a measure on the ballot that will impact the so called gig economy in the state, Proposition 22. Geoff Vetter, the spokesman for Yes on 22 and Patrick D. Kelly, long time union leader and activist, delivers the No on 22 message. Support the show: https://www.frankmottek.com

Stocks rack up the biggest weekly loss since the pandemic sell off in March. Money came off the table on rising coronavirus cases in the U.S. and Europe, uncertainty ahead of the November 3rd presidential election and no additional economic rescue money coming from Washington any time soon. The Dow ended the week with a closing loss of 157 points to 26,502, down 6.5% for the week and down 4.6% for October. Big tech stocks including Apple also got slammed with the Nasdaq falling 5.5% for the week and down 2.3% for the month. The economy posted an historic rebound of 33.1% in Q3, weekly jobless claims fell 40K to 751K, a pandemic low.  Analysis on the markets and the economy from Dr. Mohamed El-Erian, President, Queens College Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Kevin O'Leary a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETF's and Beanstox. Culver City based mobile video game giant Jam City will serve the community as an early voting center on Monday, November 2nd. Jam City co founder, President and COO Josh Yguado discusses the company's election plans and video game success. (Voters in LA County can vote at any official polling location, and may vote at Jam City's Culver City headquarters, outdoors, on November 2, 2020, from 10am to 7pm at 3562 Eastham Dr, Culver City, CA 90232. Voters can also drop off Vote by Mail ballots at this location.)Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks snap this week’s losing streak on the latest readings on the economy including a record 33.1% rebound in Q3 GDP, weekly jobless claims -40K to 751K. The Dow posts a closing gain of 139 points. Big tech names including Apple, Alphabet Google, Amazon and Facebook report earnings. Analysis from Economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center and Matt Krantz, personal finance and management editor for Investors Business Daily (IBD). Support the show: https://www.frankmottek.com

Josh Yguado, co founder, President and COO of Culver City based mobile video game giant Jam City discusses the company's popularity with gamers in the ongoing pandemic with titles including Harry Potter: Hogwarts Mystery, Cookie Jam and Panda Pop. He also announces Jam City's Culver City headquarters will serve as an official LA County early polling center on Monday, Tuesday, November 2nd, a day before the November 3rd election. The location ideal for the local business community for in person voting or drop off ballots, in an outdoor set up, from 10am to 7pm at 3562 Eastham Drive, Culver City, CA 90232. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks extend this week's slide with the Dow posting a closing loss of 943 points on an alarming spike in covid cases in the U.S. and Europe. France and Germany announce new business shutdowns in response to a second wave of coronavirus. Travel related stocks take another hit. Big tech names move lower as 3 tech company CEO's are grilled before the Senate Commerce Committee. The price of oil pulls back 5.5% even though Hurricane Zeta roared through the Gulf of Mexico and hit the Louisiana coast as a category 2 hurricane. Analysis of the latest market moves and the economy from Art Hogan, Chief Market Strategist, National Securities and John Kilduff, oil analyst, Founding Partner, Again Capital and CNBC contributor. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks move mostly lower on concerns about the rising number of covid cases on the global economy and no additional rescue money coming from Washington anytime soon. The Dow closes down 222 a day after a 650 point closing drop.  The view on the markets and the economy from Maria Bartiromo, veteran Wall Street business news anchor, host of "Mornings with Maria" and "Maria Bartiromo's Wall Street" on the Fox Business network, as well as "Sunday Morning Futures" on Fox News, author of "The Cost: Trump, China and American Revival." Paris among European cities enduring new curfews in the ongoing coronavirus crisis with restaurants and other businesses being impacted. In Paris, Sophie Gayot with global restaurant and entertainment review site www.gayot.com discusses the situation there and the latest innovation seen in the restaurant business fighting to survive the pandemic. Economist Dr. Frank Nothaft Chief Economist, Corelogic, for our Frank discussion on real estate, the mortgage business and the economy has the latest on L.A. home prices in the S&P Corelogic Case Shiller Home Price Index.   Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks take the worst tumble in more than a month as coronavirus cases surge in the U.S. and Europe. Hopes fade for a new economic stimulus package getting approved by lawmakers in Washington before the November 3rd presidential election. The Dow came in for a closing loss of 650 points after seeing a drop of more than 900 during the trading day. Airlines, cruiselines and casino companies were among the hardest hit. Analysis on the markets and the economy from Art Hogan, Chief Market Strategist, National Securities. Vivian Tsai, Chair, College Savings Foundation www.collegesavingsfoundation.org discusses the foundation's annual survey, 529 college savings plans and challenges families are facing in the ongoing pandemic. Support the show: https://www.frankmottek.com

Stocks end the week mixed as drama continues in Washington over whether consumers and businesses will get any more rescue money from the government anytime soon as the coronavirus crisis continues. Talks reportedly continue on a stimulus package valued at about $2T dollars. The major averages end the week .5% to 1% lower with the Dow and SP500 snapping three week winning streaks. It's an earlier than ever start to the holiday shopping season for retailers. The retail landscape continues to change with Gap announcing plans to close hundreds of stores over the next several years. An update on retail, business, entrepreneurs and the outlook for the holiday shopping season from Rick Caruso, CEO, Caruso, L.A. business and civic leader, developer of the most successful shopping destinations including The Grove, Americana at Brand and Palisades Village. Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox, discusses the market and the economy as well as the failure of Quibi, a video streaming service involving some big Hollywood names that's being pulled down after just six months. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Stocks meander and end the day higher on the latest signals from Washington on another coronavirus economic rescue package, unemployment claims dropping to a pandemic low, sizzling home sales and the latest earnings news. The 2020 Milken Institute Global Conference: Meeting the Moment wraps up after a week and a half long series of discussions including leaders in government, finance, business, medicine, philanthropy and academia. The conference and the latest news discussed discussed with economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center in Santa Monica. The latest market action and outlook discussed with Gabriel Wisdom, Managing Director of American Money Management and author of Wisdom on Value Investing.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Stocks end the day higher as investors stay optimistic about  another possible economic rescue package being urgently worked on in Washington. The Dow came in for a closing gain 113 points after rallying more than 300 earlier. The US Justice Department files an anti trust lawsuit against Google's parent company Alphabet. Google shares end the day higher. The earnings parade continues with Netflix, Snap and Texas Instruments in the spotlight after the closing bell. The latest on the markets and the economy discussed with Art Hogan, Chief Market Strategist at National Securities. Todd Hollander, Head of Business Banking and Small Business at Union Bank releases the banks latest survey of small business owners in the ongoing pandemic. Economist Dr. Frank Nothaft, Chief Economist, Corelogic, has the latest report on single family home rents, coming DOWN in the L.A. area, in our Frank discussion on real estate, the mortgage business and the economy. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: The latest stock market rally fizzles out as hopes fade on another economic rescue deal in Washington. Stocks moved higher at the opening bell on the latest reading on China's economy show it grew nearly 5 percent in the last quarter. But the ongoing stimulus drama, rising coronavirus case numbers in the U.S. and Europe, along with comments for the Fed's vice chair on the pace of the recovery sent stocks tumbling. The Dow came in for a closing loss of 411 points. Analysis on the markets and the economy from Art Hogan, Chief Market Strategist, National Securities.  A Los Angeles celebrity dentist previously honored as a KNX Hero for his work with the homeless achieves another milestone. Dr. Jay S. Grossman, Founder and CEO, of the non profit group Homeless Not Toothless, celebrates its 10,000th day of helping homeless veterans. Rob Fried, an Academy Award winner, former top Hollywood studio executive, discusses heading up a Los Angeles based biosciences company ChromaDex and its flagship anti aging product, the outlook for a coronavirus vaccine and how Hollywood production has been impacted by the pandemic. Support the show: https://www.frankmottek.com

Stocks move mostly higher as consumer confidence hits a pandemic high, retail sales move up for the fifth month in a row and stimulus hopes stay alive in Washington. Social media companies come under new scrutiny. LA's job numbers improve as businesses face tremendous challenges in the ongoing coronavirus crisis. Analysis of the latest news impacting the main street economy and Wall Street from Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark, Chairman, O'Shares ETFs and Beanstox, Stephen Cheung, Chief Operating Officer, LAEDC, www.laedc.org President, World Trade Center Los Angeles and Joseph Lavorgna, Chief Economist, National Economic Council, Special Assistant to the President.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks bounce around on an alarming rise in coronavirus case numbers in Europe, unemployment claims rising in the U.S. and ongoing uncertainty over a second economic rescue package from lawmakers in Washington. The Dow plunged more than 300 points during the trading day then briefly moved into positive territory. The rally fizzed out and the Dow came in for a closing loss of 20 points. The 2020 Milken Institute's Global Conference gets underway with theme "Meeting the Moment" bringing together world leaders in business, government, academia and philanthropy. The conference, usually held annually in Beverly Hills, is being conducted virtually for the first time this year due to the pandemic. The latest on the economy, the markets and the conference discussed with economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center. https://milkeninstitute.org/events/global-conference-2020 Todd Johnson, President, Beverly Hills Chamber of Commerce discusses the Beverly Hills Back to Business Fall Virtual Collaborative set for October 21st, 2020 including the 2020 Best of Beverly Hills Golden Palm Award honorees. https://members.beverlyhillschamber.com/events/details/beverly-hills-back-to-business-fall-virtual-collaborative-19533       Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Apple takes the spotlight among consumers and investors as the new 5G enabled iPhone 12 models are unveiled at Apple's Hi Speed product rollout event. Apple stock ends the day lower. Stocks pull back on the latest bank earnings and a couple of disappointing reports on potential covid vaccines and treatments. Amazon's self declared shopping holiday Prime Day begins with other retailers piling on with deals creating an early start to the holiday shopping season. Analysis on the markets and the economy from Art Hogan, Chief Market Strategist, National Securities. Economist Dr. Frank Nothaft, Chief Economist at Corelogic, discusses the latest Corelogic report showing another spike in mortgage delinquencies as the pandemic continues in our Frank discussion on real estate, the mortgage business and the economy. Support the show: https://www.frankmottek.com

Renewed economic stimulus hopes renew a rally on Wall Street while tough times continue on Main Street during the ongoing pandemic. Stocks rack up the best gains seen in months as the White House and congressional Democrats reportedly mover closer to another economic rescue deal. This as thousands of jobs are lost in the airline business and weekly jobless remain alarmingly high at 840K. Analysis on the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, President, Queens College, Cambridge and Kevin O'Leary, mega entrepreneur, business investor a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETF's. L.A. County Assessor Jeffrey Prang discusses property tax relief available for homeowners impacted by recent wildfires and the latest readings on residential as well as commercial real estate values in the Los Angeles area. www.assessor.lacounty.govSupport the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Another potential billion dollar disaster is brewing as Hurricane Delta roars through the Gulf of Mexico heading to the Louisiana coastline. At least 90 percent of gas and oil production in the gulf has already been disrupted. The price of oil moves above $41 a barrel. Oil analyst John Kilduff, Founding Partner, Again Capital and CNBC contributor discusses the impact on consumers, businesses and investors. The latest weekly jobless claims come in weaker than expected as coronavirus cases rise again. Work on coronavirus vaccines and treatments continue as President Trump recovers from covid-19. Stocks take another roller coaster ride on the latest back and forth in Washington over a possible coronavirus rescue package. Analysis on the economy and the markets from economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. He also provides a preview of the 2020 Milken Institute Global Conference: Meeting the Moment which is set to start next week. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. The latest stock market rally fizzles out after President Trump announces talks between the administration and house Democrats on a new economic rescue package are over until after the November 3rd presidential election. The Dow, which had been higher in triple digits earlier on stimulus hopes, closed down 376. Airline stocks among the big losers. Airlines among the coronavirus ravaged industries which had been counting on additional government help to head off another round of job and salary cuts. Analysis of the latest market action and impact on the main street economy with Art Hogan, Chief Market Strategist, National Securities. Home prices continue to hold up in the face of the ongoing pandemic. The latest report discussed with economist Dr. Frank Nothaft, Chief Economist, Corelogic in our Frank discussion on real estate, the mortgage business and the economy.   Support the show: https://www.frankmottek.com

President Trump diagnosed with covid-19 and later hospitalized for treatment. In reaction, global markets moved mostly lower including an initial 430 point drop for the Dow Jones Industrial Average before coming in for a closing loss of 134.  A weaker than expected September jobs report also weighed on the market. The Dow briefly moved into positive territory on rising optimism that lawmakers in Washington might still be able to approve more rescue money for the economy including help for pandemic ravaged airline industry. Analysis on the latest moves on Wall Street and the Main Street economy from Dr. Mohamed El-Erian, President, Queens College, Cambridge, Chief Economic Advisor Allianz, former PIMCO CEO in Newport Beach and Kevin O'Leary, a.k.a Mr. Wonderful on TV's Shark Tank, mega business investor, entrepreneur, Chairman of O'Shares ETFs.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. A positive start to the new month of October and the 4th quarter of 2020 after a volatile month of September and winning 3rd quarter. The high stakes game of deal or no deal continues in Washington over a new coronavirus rescue package as the airline industry sheds thousands of jobs. Market analysis from Art Hogan, Chief Market Strategist, National Securities. The price of oil slides below $40 over demand concerns in the ongoing pandemic. The latest discussed with oil analyst John Kilduff, Founding Partner, Again Capital and CNBC contributor. Mixed signals on the main street economy ahead of the September jobs report and fading hopes on a new stimulus package from congress. The latest readings on the economy and work on coronavirus vaccines from Economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Today the spotlight shines on Orange County with the Orange County Business Council releasing its 2020-2021 Community Indicators Report. The Walt Disney Company makes a tough announcement on laying off 28,000 employees in its theme park division as Disneyland and California Adventure remain closed in Anaheim and Disney theme parks in Florida operate at limited capacity during the ongoing pandemic. The O.C. economy and business scene discussed with Dr. Wallace Walrod, Chief Economic Advisor, Orange County Business Council www.ocbc.org Home prices continue to rise in the L.A.-O.C. area. Dr. Frank Nothaft, Chief Economist, at O.C. based Corelogic shares the latest Corelogic S&P Case Shiller Home Price Index in our Frank discussion on real estate, the mortgage business and the economy. Jeff Lazerson, President, Mortgage Grader and O.C. Register Columnist discusses a booming time for real estate and mortgage activity.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the Coronavirus Crisis: A giant in the restaurant business updates us on the challenges restaurants are facing in the ongoing pandemic. Wolfgang Puck, celebrity chef and restaurant empire founder, discusses the current issues in the restaurant business, calls for more help from Washington to save jobs, new calls for insurance companies to honor business interruption coverage, his plans to open two new restaurants in the Los Angeles area this year, the outlook for events, holidays, the catering business and more. www.wolfgangpuck.com Stocks start the week with a rally as investors keep an eye on Washington and the possibility of another covid rescue package coming together. The restaurant sector and the latest market rally discussed with Art Hogan, Chief Market Strategist, National Securities. Support the show: https://www.frankmottek.com

Volatility on Wall Street. Economic uncertainty on Main Street. Stocks cap a volatile week with a rally sending the Dow up 358 in what turned out to be the fourth losing week in a row for the blue chip index, the longest stretch of weekly losses in a year. The Nasdaq snapped a three week losing streak as tech stocks rebounded giving that index a 241 point gain to close out the week. The markets have bounced around this month in the face of uncertainty about additional pandemic rescue money from congress, concerns about the pace of the economic recovery and an alarming rise in covid cases in the U.S. and Europe. Special coverage of Wall Street and Main Street during the coronavirus crisis continues with guests: Scott Minerd, Global Chief Investment Officer of Guggenheim Partners and Chairman of Guggenheim Investments, philanthropist www.URM.org  Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, mega entrepreneur, investor, business owner, Chair, O'Shares ETF's, Kevin O'Leary Fine Wines www.olearyfinewines.com Tyler Mathisen, co-anchor CNBC’s Power Lunch, Vice President, CNBC Events www.deliveringalpha.com        Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks take another roller coaster ride and end slightly higher a day after a 500+ point closing drop for the Dow Jones Industrial Average. The Dow closed up 52 points. Reports that another coronavirus rescue package is coming together in congress gave stocks a boost in the final hour of trading. Earlier the markets gyrated on the latest reports on weekly jobless claims showing unemployment lines longer by 4,000 over the past week to 870,000. New home sales hit the highest levels since 2006 last month. Market analysis from Ken Winans, President, Founder, Chief Investment Officer, Winans Investments, Forbes contributor and author of numerous books on investing including Investment Atlas II: Using History as a Financial Tool. The latest assessment on the economy and coronavirus vaccine work from economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Stocks end higher, partially rebounding from the Dow's 500+ point closing drop seen in the previous session. The Dow ended up 140 points, snapping a three day losing streak. Fed Chairman Jerome Powell and US Treasury Secretary Steven Mnuchin appeared before the House Financial Services Committee chaired by Southern California Congresswoman Maxine Waters for an update on the CARES act and other efforts to bolster the economy in the ongoing pandemic. Southern California business leaders are navigating through tough challenges. NBA Hall of Famer, Laker great and L.A. business leader Earvin Magic Johnson is set to address the Provisors networking organization. Matt Toledo, CEO of Provisors, former Publisher of the Los Angeles Business Journal and past chair of the LA Area Chamber of Commerce updates the business community and details the upcoming event. https://www.provisors.com/ On the markets, Art Hogan, Chief Market Strategist, National Securities, discusses what's been a rough month of September for stocks. Economist, Dr. Frank Nothaft, Chief Economist, Coreologic, on our Frank discussion on real estate, the mortgage business and the economy, shares Corelogic's latest report on home equity. Support the show: https://www.frankmottek.com

Another volatile and losing week for stocks in the face of a slowing economic recovery in the ongoing coronavirus pandemic, no deal yet in congress on another economic rescue package, and rising U.S.- China tensions over technology and two popular Chinese owned apps, TikTok and WeChat. Analysis on the markets and the economy as well as some silver linings in the current crisis with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. https://www.project-syndicate.org/commentary/covid-silver-linings-playbook-by-mohamed-a-el-erian-2020-09 L.A.'s largest annual block party cancer research fundraiser pivots to a virtual format this year. Details from Derek Alpert, President of the Concern Foundation for Cancer Research https://www.concernfoundation.org/block-party.html Los Angeles business and civic leader Rick Caruso, CEO, Caruso, developer of the most successful shopping destinations in Southern California including The Grove, Americana at Brand, Palisades Village, the Commons at Calabasas, provides an update on the L.A. economy, retail, reopening businesses, his view on Prop 15 and more.  https://caruso.com/  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks take a roller coaster ride and finish lower. The markets digest the latest readings on the economy including weekly jobless claims pulling back about 33K over the past week to 860K, the Federal Reserve signalling low benchmark rates for several years, the latest efforts in Washington for another covid rescue package and work on a coronavirus vaccine. The Dow finished the day down 130 points, snapping a four day winning streak, after sliding nearly 400 early on and then briefing moving into positive territory during the trading day. Analysis on the markets and the economy from Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center and Art Hogan, Chief Market Strategist, National Securities.    Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks end the day higher but off the best levels of the day with tech names including Apple driving the gains. Apple's new product announcements included new Apple Watches, new iPads and Apple One service bundles. Analysis on the markets and outlook from Jim Hausberg, Managing Director, HighTower Advisors, Los Angeles/Beverly Hills. Big help wanted signs are up for cybersecurity professionals. Dr. Rick Hefner, program director for CalTech's Center for Technology and Management Education discusses the partnership between CalTech and Fullstack Academy providing a training program for cybersecurity jobs. https://ctme.caltech.edu/programs-for-individuals/cybersecurity-open/cybersecurity-bootcamp-open  A new report on single family home rents shows they are coming down in Los Angeles. The latest report in our Frank discussion on real estate and the mortgage business with Dr. Frank Nothaft, Chief Economist, Corelogic.Support the show: https://www.frankmottek.com

Mixed finish to a volatile Labor Day holiday shortened week on Wall Street with the Nasdaq racking up its biggest weekly loss since March. Big tech names led the market lower sending the Nasdaq down 4.1%, S&P500 down 2.5% and the Dow down 1.7% for the week. The latest market action and the main street economy discussed with Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, mega entrepreneur, investor, Chairman, O'Shares ETF's, Beanstox and Kevin O'Leary Fine Wines. The latest news on the economy and coronavirus vaccine work discussed with Economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. Thousands of CalFire firefighters are now fighting the worst fires in California history after taking a pay cut due to the state's coronavirus budget crisis. The latest discussed with Tim Edwards, President, CalFire Union Local 2881 www.calfirelocal2881.org  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Today's special focuses on National Addiction Recovery Month, held every September to focus nationwide attention on treatment and mental health services which are even more urgently needed during the current pandemic. Guests: World renowned attorney Robert Shapiro, Senior Partner, Glaser Weil Law Firm, Los Angeles, Chairman, Brent Shapiro Foundation for Alcohol and Drug Awareness www.BrentShapiro.org co-founder LegalZoom and https://bizcounsel.com/ discusses how the pandemic has impacted the foundation, the legal profession, small businesses and companies fighting insurance giants for relief under business interruption policies. Laurie Dhue, former network television news anchor, national recovery advocate and recovery coach discusses her journey, an increase in substance abuse in Los Angeles during the pandemic, economic impact and available resources.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Just another manic Tuesday for the stock market coming off a three day holiday weekend. Tech stocks led the sell off with the Nasdaq now seeing its fastest ever correction, again, for the second time this year, pulling back 10%+ from its most recent all time high. The Dow dropped 632 points. The SP500 gave back 95 and the Nasdaq closed down 465, both pulling back for the third session in a row from record highs. Analysis from Art Hogan, Chief Market Strategist, National Securities. Serious mortgage delinquencies spike nationwide. The latest report directly from economist Dr. Frank Nothaft, Chief Economist, Corelogic for our Frank discussion on real estate and the mortgage business. Reaction and the latest on rates from Jeff Lazerson, President, MortgageGrader.com and OC Register columnist.  Support the show: https://www.frankmottek.com

Stocks wrap up a record shattering week with a turbulent couple of days ahead of the three day Labor Day holiday weekend. The week wrapped up with a better than expected August jobs report showing the economy regained 1.4 million jobs and the nation's unemployment rate dropped to 8.4% from 10.2% in July. Stocks initially reacted positively to the report and moved higher at the opening bell following the worst one day market plunge since June which sent both the Nasdaq and S&P500 off record highs. But the market saw another burst of volatility Friday with the Dow closing down 159 points, rebounding from a drop of more than 600. Analysis on the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, President-Elect, Queens College Cambridge, Joseph Lavorgna, Chief Economist, National Economic Council, Special Assistant to the President, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETF's. Top labor union leaders share their thoughts on Labor Day 2020 in the current pandemic: James P. Hoffa, General President, International Brotherhood of Teamsters and Gabrielle Carteris, President, SAG-AFTRA.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks touch new highs then pull back in what turned out to be the steepest one day sell off in about 3 months. The Dow made a run for it's previous record high close and got just about 300 points away from it before plunging 1,025 and came in for a closing loss of 808. The Nasdaq and SP500 started the day at record highs, pushed higher after the opening then also pulled back during the trading day with Apple and other big tech names leading the way lower. The Nasdaq slid nearly 600 points and the SP500 closed down 126. The weekly jobless claims dropped nationwide by 130K to 881K but moved up in California by 40K. Analysis on 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

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks kick off the new month of September with record highs for the Nasdaq and S&P 500. The Dow moved further into positive territory for 2020 and now stands about 900 points below its all time high. Zoom Video Communications stock soared 41% lifting other so-called work from home stocks higher. Walmart stock moved up after launching a new membership service called Walmart+ which the world's largest retailer hopes will compete with Amazon Prime. Analysis on the markets and the economy from Art Hogan, Chief Market Strategist, National Securities. Dan McAllister, Treasurer/Tax Collector, San Diego County discusses real estate, the economy and some relief for taxpayers having trouble paying property taxes due to the coronavirus crisis. https://www.sdttc.com Dr. Frank Nothaft, Chief Economist, Corelogic, shares the latest report on home price growth in our Frank discussion on real estate and the mortgage business.  Support the show: https://www.frankmottek.com

Another week for the record books on Wall Street with both the S&P500 and Nasdaq at all time highs. The Dow is having its best August since 1984 ending the week positive for 2020 and now just 3% below its all time high. Markets digest a change in Fed policy on inflation announced over the past week. On Main Street, job concerns mount as more companies announce layoff plans and the weekly jobless claims hold above 1 million. Analysis on the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, President-Elect, Queens College, Cambridge, England and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Share's ETFs and Beanstox. California's governor unveils a new process for reopening businesses that is slower and more gradual than what the state tried earlier this summer. Some business owners find the new system frustrating and confusing. The situation discussed with celebrity hair stylist Giuseppe Franco owner of Giuseppe Franco Hair Salon in Beverly Hills.   Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. The U.S. oil and gas industry takes a near direct hit from Hurricane Laura slamming in to the U.S. gulf coast packing 150 mph winds. Damage assessment at refineries, oil platforms and other installations continues. The price of oil hovers near a six month high above $43/barrel. The latest from oil industry analyst John Kilduff, Founding Partner, Again Capital and CNBC contributor. Stocks post a mixed finish with the Dow going positive for the year and the SP500 closing at a record high. Unemployment lines got shorter by 98K over the past week but remained just above 1 million. The Federal Reserve announces a major change in policy allowing the fed to keep its benchmark interest rates low even if inflation exceeds the fed's 2% target. New developments on coronavirus vaccine, treatment and testing. Analysis from Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks finish mostly higher with both the Nasdaq and S&P500 closing at record highs. The Dow slipped from a six month high. The market took a roller coaster ride on a mixed bag of news on the economy including the latest consumer confidence reading from the Conference Board showing sentiment down for the second month in a row sending it to a new pandemic low. New home sales posted the best gain since 2006 last month. The U.S. and China affirmed the phase one trade deal. The price of oil closed above $43/barrel, the highest price in nearly six months as Hurricane Laura threatens oil installations in the Gulf of Mexico. L.A. home prices have ticked higher while Bay Area prices have softened. Analysis from Art Hogan, Chief Market Strategist, National Securities, John Kilduff, Oil Analyst, Again Capital, CNBC Contributor, Dr. Frank Nothaft, Chief Economist, Corelogic, Sean Fulp, Executive Managing Director, Los Angeles, Newmark Knight Frank, commercial real estate advisory firm. Support the show: https://www.frankmottek.com

Banner week for the stock market. The shortest bear market in Wall Street history comes to an end with the SP 500 closing at a new high for the second time in a week, marking an impressive rebound from the vicious bear market low hit on March 23rd as the coronavirus ravaged the economy. Tech stocks including Apple hit new highs sending the Nasdaq to an all time high. Unemployment lines got longer over the past week with new claims topping 1 million again. Congress remains deadlocked on another coronavirus economic rescue package. Some university campuses reverse course and go from in person instruction to virtual classes after coronavirus cases flare up. Analysis on the markets and the economy from Dr. Mohamed El-Erian, Chief Economist, Allianz, former PIMCO CEO in Newport Beach and President-Elect, Queens College, Cambridge, England and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, mega entrepreneur, Chairman of O'Share's ETF's and Beanstox.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the Coronavirus Crisis: New concerns about the economic recovery as unemployment lines get longer again as congress is deadlocked on another round of coronavirus rescue funds. The weekly jobless claims moved above one million again to 1.1 million after dipping below a million last week. Stocks started the day lower, but finished higher with tech stocks leading the way. The Nasdaq closed at a record high. Tesla closed at a record high above $2000 for the first time. Analysis from economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. Some cruises have resumed in Europe. The very latest from cruise industry expert, Cruise Guy Stewart Chiron, President, www.Cruiseguy.com The Method Fest Film Festival has pivoted to a drive-in format this year.  Actor and film producer Dennis Ostermaier, who also stars in his film “The Jonestown Defense” talks about the innovative www.methodfest.com.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: It's a day for the record books on Wall Street as the SP500 closes at a record high for the first time since the crisis and the bear market sell off earlier this year. The broadly based market index settled up 8 points to 3,390 surpassing the previous record high achieved in February. After the fastest bear market sell off in market history, we've now seen the fastest market rebound. The Nasdaq composite also settled a record high, closing up 81 points to 11,211. Market analysis from Art  Hogan, Chief Market Strategist, National Securities. Single family home rents are coming down in L.A. for the first time in years. Economist Dr. Frank Nothaft, Chief Economist, Corelogic, has the latest report in our weekly "Frank" discussion on real estate and the mortgage business. An L.A. firm has taken rent forgiveness to the next level, approving a 90 day rent forgiveness to its tenants, as we hear from Daniel Alexander, co founder and principal of Domos Rossmore co-living in Los Angeles.Support the show: https://www.frankmottek.com

Stocks reach for new highs then retreat after lawmakers in Washington pack it in until after Labor Day without reaching a deal on another rescue package for the coronavirus ravaged economy. The SP500 moved in to new high territory before pulling back, closing down a fraction, putting it about 14 points below the record closing high achieved in February as the covid crisis hit  Gold pulls back for the first time in nine weeks after a record run up above $2000/ounce. Retail sales tick up for the third month in a row. L.A. leads the nation in permanent business closings during the pandemic. The retail landscape continues to evolve. Analysis of the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, and Los Angeles business and civic leader Rick Caruso, CEO, Caruso, developer of the most successful shopping destinations in Southern California including The Grove, Americana at Brand, Palisades Village and Commons at Calabasas.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Unemployment lines got shorter over the past week with the latest weekly jobless claims report coming in below 1 million for the first time in nearly 5 months. Stocks ended mostly lower after the latest rally fizzled out on the continuing stalemate in Washington over the next crisis rescue package. The Dow slipped 80. The Nasdaq gained 30 points.  Government bond yields edged higher. Oil pulled back from the highest seen since March. Gold closed up $21.40 to $1970.40/oz. The U.S. coronavirus death toll exceeds 165,000. Analysis of the markets, the economy and work on coronavirus vaccines with Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center https://milkeninstitute.org/    Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Breaking News: Pink's Hot Dogs, one of L.A.'s popular and successful businesses plans to reopen tomorrow (Wednesday, August 12th) after a nearly five month shutdown. Owner Richard Pink discusses the reopening of the iconic hot dog stand on LaBrea at Melrose, restaurant business challenges, real estate and philanthropy. Mortgage delinquencies jump as the coronavirus crisis continues to take an economic toll. The very latest report from Economist Dr. Frank Nothaft, Chief Economist at Corelogic. Stocks take a wild ride with the SP500 making a run for a record high before pulling back in the final hour of trading. The Dow erased a 350 point gain and closed down 105 points. Gold and silver plunged. Market analysis from Jim Hausberg, Managing Director, HighTower Advisors. Support the show: https://www.frankmottek.com

Mixed finish to another record shattering week on Wall Street. Tech stocks slipped from record highs as U.S. China tensions flared. Gold saw a five session run up to record highs and ended the week just below its all time holding above $2000/ounce. The dollar firmed on a better than expected July jobs report showing employers added 1.76 million jobs and the nation's unemployment rate slipped to 10.2% from 11.1% in June. So far no deal in Washington on another coronavirus economic rescue package which could include an extension of supplemental unemployment benefits. Analysis of the markets and the economy with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETF's and Beanstox, Rick Caruso, Los Angeles business and civic leader, philanthropist, CEO, Caruso, developer of shopping destinations including The Grove, Americana at Brand, Palisades Village and his newest property The Rosewood Miramar Beach Resort in Montecito https://www.rosewoodhotels.com/en/miramar-beach-montecito  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks end the day higher after bouncing around on the latest earnings news, weekly jobless claims hitting a pandemic low (but still above 1 million) and negotiations continuing in Washington on the next round of pandemic economic rescue efforts. The rally in big tech names including Apple continued sending the Nasdaq to a new high. The price of gold advanced to a record high for the fifth day in a row and moved closer to $2100 an ounce. Analysis on the markets and the economy from Michael Cuggino, President, Permanent Portfolio Family of Funds 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

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stock edge higher after a see-saw session with tech names including Apple hitting record highs. The Nasdaq continued its record winning streak finishing the day at an all time high. Negotiations continue in Washington on a new coronavirus rescue package for the economy. Corelogic forecasts lower real estate prices in the year ahead. The price of gold closes at a record high above $2000 an ounce, settling at $2021 an ounce. The dollar slipped overseas and government bond yields moved lower. The record shattering day for gold, the markets, the economy and real estate discussed with guests including Axel Merk, President and Chief Investment Officer of Merk Investments, manager of the Merk Funds including the VanEck Merk Gold Trust OUNZ  https://www.merkinvestments.com/ Ben Stein, Economist, Financial Commentator, Author. Dr. Frank Nothaft, Chief Economist, Corelogic and Jeff Lazerson, President, Mortgage Grader and OC Register real estate columnist.      Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Tech stocks, including Apple and Microsoft rally to record highs sending the Nasdaq to a record high close. Stocks got a boost on the latest readings on the economy and signs of some progress in Washington on another pandemic rescue package for businesses and consumers. Gold closes at a record high. The latest on the markets and the economy discussed with Art Hogan, Chief Market Strategist, National Securities. A young entrepreneur's success story in downtown Los Angeles. Verlen Mitchell, CEO of www.ShipDistrict.com and Fast & Easy Shipping Services, shares his inspiring story about forming his company and thriving during the pandemic. Economist Dr. Robert Kleinhenz, Principal, Kleinhenz Economics, also affiliated with Cal State Long Beach and the Inland Empire Economic Partnership, takes a closer look at the latest readings on the economy, jobs and real estate.Support the show: https://www.frankmottek.com

Cheers on Wall Street as tough times continue on Main Street in the ongoing coronavirus crisis. The major stock market averages post four winning months in a row now with July gains of 2.4% for the Dow, 5.5% for the SP500 and 6.8% for the Nasdaq. Apple jumps 10% on its latest earnings report and settles at a record high, up $40 to $425. Gold settles at a record high just below $2000/ounce. No deal yet in Washington on another coronavirus economic rescue package. New concerns about the pace of the economic recovery. The latest on the markets and the economy discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Economist Dr. Robert Kleinhenz, Principal, Kleinhenz Economics, also affiliated with Cal State Long Beach and the Inland Empire Economic Partnership. And, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman O'Share's ETF's and Beanstox.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coroanvirus crisis. Big news after the closing bell: Apple, Amazon, Facebook and Alphabet report earnings which exceeded analysts expectations. Apple stock moves to new highs after hours, above $400. The company announces a 4 for 1 stock split. This after a mixed finish for stocks on the latest tough news on the main street economy including a record contraction in the 2nd quarter, GDP plunged 32.9%, weekly jobless claims moved up for the 2nd straight week to 1.43 million. Gold slipped from a record high settling at $1942.30/oz. Another restaurant chain, California Pizza Kitchen, files for bankruptcy. Analysis on the markets and the economy from Art Hogan, Chief Market Strategist, National Securities, Economist Dr. Robert Kleinhenz, Principal, Kleinhenz Economics in Los Angeles 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

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Stocks pull back just before the closing bell as congress continues to work out details of the next coronavirus rescue package including supplemental federal unemployment benefits. Consumer confidence takes a hit this month. The Dow came in for a closing loss of 205 points. Gold closed at a record high at $1,944.60 after touching $1,974.70. Home prices continue to edge higher but at a slower pace according to the latest S&P Corelogic Case Shiller Home Price Index. The latest report, real estate and mortgage rates discussed with Dr. Frank Nothaft, Chief Economist, Corelogic and real estate agent Jennifer Meyers with Rodeo Realty in Beverly Hills. Casey Mervine, Senior Financial Consultant at Charles Schwab discusses the latest Schwab 2020 Modern Wealth Survey results for Los Angeles.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks kick off a busy week with gains as lawmakers in Washington work out details on another round pandemic rescue for consumers and businesses. The Fed is set to start a 2 day policy setting meeting. The big tech companies will report earnings later in the week. The Dow closed up 115. Gold hit a record high of $1941/oz during the trade day and posted a record high closing price, up $33.50 to $1931/oz. Silver closed at $24.50/oz, the highest since 2013. Analysis of the markets and the economy from Art Hogan, Chief Market Strategist, National Securities. New serious concerns raised about coronavirus at the workplace and how those concerns should be addressed. The issue discussed with Patrick D. Kelly, long time voice of organized labor in Southern California, union activist and retired Teamsters Union leader and Labor Law Attorney Thomas Lenz, Partner, Atkinson, Andelson Law Firm, Pasadena, and Instructor at USC Gould School of Law.  Support the show: https://www.frankmottek.com

More signs that the economic recovery is slowing in the face of alarming coronavirus numbers in California, Florida and most other states. Negotiations continue in Washington on a new coronavirus rescue package. Stocks end the week with a pullback. The Dow slipped 182. Nasdaq dipped 98. Big name tech stocks took a breather ahead of a big week of earnings reports. Gold hits a record high closing price just below $1,900 an ounce. Mortgage rates hit new lows. The latest on the markets and the economy discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and Kevin O'Leary, a.k.a. Mr. Wonderful mega entrepreneur/investor on TV's Shark Tank, Chairman of O'Share's ETF's and www.Beanstox.com  Jeff Lazerson, President, Mortgage Grader and O.C. Register Columnist discusses mortgage rates and real estate. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: More grim numbers on coronavirus case numbers and deaths. Weekly jobless claims tick higher for the first time in about 4 months coming in at 1.4 million. The parent company of retail stores Ann Taylor and Lane Bryant files for bankruptcy protection. New concerns about additional closings of parts of the economy in the face of rising pandemic numbers. Kevin Harbour, President, Biz Fed Institute, www.bizfedinstitute.org the nonprofit educational part of the Los Angeles County Business Federation LA Biz Fed, www.bizfed.org discusses the public private partnership delivering donations of personal protective equipment via www.equipla.org to workers on the front lines of the crisis. Economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center provides the latest analysis on the economy, the financial markets and work on potential coronavirus vaccines. www.milkeninstitute.org/Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Precious metals prices take on a new shine with gold settling at $1843.90/oz, highest since 2011 and silver closed at $21.56/oz, the highest price since 2014. This after the European Union signed off on a nearly $1T coronavirus rescue package for the European economy while the U.S. congress discusses another rescue package which could total at least another $1T. Stocks ended the day mixed. Analysis of the markets and the economy from Axel Merk, currency expert, President, Chief Investment Officer of Merk Investments, manager of the Merk Funds including OUNZ Van Eck Merk Gold ETF www.merkfunds.com The latest on Los Angeles area real estate and rental activity discussed with Curt Northrup, Real Estate Agent, Douglas Elliman in Beverly Hills https://curtnorthrup.elliman.com/ and Dr. Frank Nothaft, Chief Economist, Corelogic www.corelogic.com/    Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Coronavirus case numbers and deaths remain alarming in California and most other states as congress reconvenes to consider new help for consumers and businesses in the ongoing crisis. Some positive news on the work on a possible coronavirus vaccines. Meanwhile, it's a banner day on Wall Street with the tech heavy Nasdaq hitting a record high and the SP 500 going positive for 2020. The Dow posted a closing gain of 9 points. Silver closed above $20 an ounce for the first time in four years. Gold hovers above $1,800 and is within striking distance of its all time high. The latest market action discussed with Jim Hausberg, Managing Director, HighTower Advisors in Los Angeles. Jobless claims and unemployment remain alarmingly high in California and with the new business shutdowns over the past week, there are new concerns about the job picture. The latest discussed with Economist Dr. Robert Kleinhenz, Principal, Kleinhenz Economics. Jeff Lazerson, President, Mortgage Grader discusses the crisis impact on real estate and mortgage rates.    Support the show: https://www.frankmottek.com

An alarming spike in coronavirus cases in California and most other states adds to uncertainty about the economic outlook. Consumer confidence retreats this month to near the low since the coronavirus crisis started. Stocks end the week mixed with tech stocks pulling back after hitting record highs. California businesses reach a critical point in the crisis. More major retail chains announce consumers must wear masks in their businesses. An assessment of the main street economy from Los Angeles business and civic leader Rick Caruso, CEO, Caruso, developer of outdoor shopping destinations including The Grove, Americana at Brand, Commons at Calabasas and Palisades Village. Market analysis from Art Hogan, Chief Market Strategist, National Securities and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETF's. Dr. Abasia Mikhail, M.D., EXER Urgent Care Site Director in Pasadena and La Canada Flintridge discusses the front line coronavirus fight and coronavirus testing at the EXER Urgent Care clinics. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks pull back on a mixed bag of earnings and economic reports. The latest weekly jobless claims number comes in 10K below last week but still an alarmingly high 1.3 million. Retail sales rebound in June ahead of the reclosing of many businesses in California and most other states in the face of rising coronavirus cases. The Dow came in for a closing loss of 135 points. The CDC extends the ban on U.S. based cruises. Stewart Chiron, cruise industry expert, President, www.Cruiseguy.com discusses the latest news and outlook for the cruise business. Small businesses continue to be under intense pressure as the crisis continues. The latest challenges discussed with a small business owner weathering the storm: Susan Janson Ping, owner of Kick It Up Dance and Fitness Studio  www.kickitup.com The latest news on the economy and markets discussed with economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center www.milkeninstitute.org  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street in the coronavirus crisis: More pain on main street, especially in California where business reopenings were rolled back this week, and more cheers on Wall Street on positive news on possible coronavirus vaccines. The Dow came in for a closing gain of 227 points. Lucy Dunn, President and CEO of the Orange County Business Council https://www.ocbc.org/ updates challenges businesses are now facing, new help for struggling restaurants and the outlook for recovery. Spencer Levy, Chairman of Americas Research and Senior Economic Advisor for CBRE discusses the outlook for commercial real estate and releases CBRE's new Tech Talent survey. Economist Dr. Frank Nothaft, Chief Economist at Corelogic discusses an alarming uptick in residential mortgage delinquencies in the pandemic recession.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Critical time for businesses in California after the governor announces the biggest business re-closings since the crisis started. The serious business challenges discussed with Mark Wilbur, President/CEO, Employers Group  https://www.employersgroup.com/ and founding member of the Los Angeles Business Federation, LABizFed http://bizfed.org/ and John Kabateck, California State Director, National Federation of Independent Business, https://www.nfib.com/california/ Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Financial markets are rattled by California Governor Newsom's announcement calling for a rollback of business reopenings in the nation's biggest state because of an alarming rise in coronavirus cases. Stocks rallied early with the Nasdaq hitting record highs and the SP 500 briefly went positive for the year. Both ended the day lower but the Dow held on to a closing gain of 10 points. Among the businesses ordered re-closed, hair salons in Southern California. The business impact discussed with Giuseppe Franco, Owner, Giuseppe Franco Hair Salon in Beverly Hills. Economist Dr. Robert Kleinhenz, Principal, Kleinhenz Economics discusses the economic impact of the latest announcement. Art Hogan, Chief Market Strategist, National Securities, discusses the latest market moves and outlook.     Support the show: https://www.frankmottek.com

Tech stocks wrap up the week with a record shattering rally with big names including Apple, Amazon, Alphabet, Netflix and Tesla all settling at record highs. The Dow closed up 369 points on reports of more positive early results of an experimental covid treatment as the number of covid cases continue an alarming rise in California and most other states. Gold hovers near a nine year high. Analysis of the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and Kevin O'Leary, a.k.a. Mr Wonderful on TV's Shark Tank, Chairman, O'Leary Financial and O'Share's ETF's. Jeff Lazerson, President, Mortgage Grader discusses mortgage rates hitting new lows and Corelogic's prediction that home prices will be coming down by next year for the first time in nearly a decade. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street: Stocks post a mixed finish on the latest report on jobless claims and rising coronavirus cases. Tech stocks rallied to new highs. The Nasdaq extended its record shattering winning streak closing up 55 to 10,548. The Dow finished lower by 361 points. Jobless claims over the past week hit a fourth month but still alarmingly high at 1.3M. New concerns about a wave of evictions and foreclosures as unemployment remains stubbornly high and the ongoing coronavirus crisis is raising questions about the pace of the economic recovery. Mortgage rates hit new lows. Home prices edge higher in the latest Corelogic report for Los Angeles.  Analysis from Dr. Frank Nothaft, Chief Economist, Corelogic and Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center discusses the latest readings on the economy and updates the urgent work on a coronavirus vaccine. https://milkeninstitute.org/Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: A new gold rush is on as gold hits the highest price in 9 years above $1,800 an ounce and it edges closer to its all time high hit in September 2011. Stocks stage a late rally after a choppy session with the Nasdaq ending at a record high, up 149 to 10,492. The Dow reversed early losses and closed with a gain of 177 points. More tough news on main street with coronavirus cases hitting new daily highs and the national death toll rising to nearly 132,000. 200 year old clothing store chain Brooks Brothers among the latest retailers filing for bankruptcy. Analysis on the economy and the outlook on gold discussed with Axel Merk, President, Chief Investment Officer of Merk Investments, manager of the Merk Funds https://www.merkinvestments.com/ and Peter Schiff, President, EuroPacific Capital https://europacificfunds.com/  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street: New coronavirus concerns send stocks sliding after a five session run up led by the big tech names. The Nasdaq touched another record high during the trading day on news a record 6.5M people either found jobs or were rehired in May following the coronavirus lockdowns. The rally fizzled on the latest assessments of the economy from Fed officials including San Francisco Fed President Mary Daly who said the unemployment rate underestimates the damage done by the coroanvirus crisis. Tesla stock moves above $1400 for the first time and closes at a new high. Gold hit a nine year high above $1800. The Dow slipped 396. The Nasdaq closed down 90 points from its all time high. Market analysis from Jim Hausberg, Managing Director, HighTower Advisors in Los Angeles. While the cruise industry remains on pause, Norwegian Cruise Line and Royal Caribbean have announced the formation of a panel of health safety experts to guide the resumption of cruises. The latest discussed with cruise industry expert The Cruise Guy Stewart Chiron, President, www.cruiseguy.com    Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street: Pre 4th of July fireworks on Wall Street extend into the new week after the three day holiday weekend despite an alarming rise in coronavirus cases in California, Florida and Texas. The Nasdaq hit a record high with big names including Apple, Amazon and Tesla hitting all time highs. China stocks rallied overnight. Market analysis from Art Hogan, Chief Market Strategist, National Securities. Big news for small business owners struggling to survive in the ongoing crisis. The Paycheck Protection Program has been extended. Ben Raju, Deputy District Director of the Los Angeles office of the U.S. Small Business Administration discusses the PPP extension, what small business owners in L.A. need to know, what other programs are available to help, etc. www.SBA.gov  (For EIDL reconsideration requests the email address is: [email protected] Serial entrepreneur Euwyn Poon, co founder and President of Spin, a California-based shared scooter company, discusses how the coronavirus crisis has impacted micro mobility companies and VC funding.Support the show: https://www.frankmottek.com

Early fireworks on Wall Street on the better than expected June jobs report showing the economy added 4.8M jobs last month and the nation's unemployment rate fell to 11.1%. The market rallied but came off the best levels of the day on new alarming numbers on coronavirus cases in California, Florida and other states prompting some business re-closings and new restrictions for this Fourth of July holiday weekend. Tech stocks drove the latest rally. The Nasdaq finished the holiday shortened week at a record high. Analysis of the markets and the economy with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO. Los Angeles business and civic leader Rick Caruso, CEO, Caruso, developer of shopping destinations including The Grove, provides an update on retail, restaurants and meeting the new challenges in the coronavirus crisis. Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center updates the urgent work underway to achieve a Covid-19 vaccine and treatments.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street: Mixed start to the kick off to the second half of 2020 for the stock market. Stocks got an early lift on some encouraging results on a possible coronavirus vaccine from drug giant Pfizer and German biotech partner BioNTech. The latest ADP payroll survey found private employers added nearly 2.4M jobs in June. Manufacturing rebounded in June. An alarming spike in coronavirus cases in California and other states prompts a roll back of some business re-openings. Apple announced the re-closing on many stores in Southern California. The Dow came in for a closing loss of 78 points. Tech stocks continued to rally sending the Nasdaq up 96 to 10,155. Gene Seroka, Executive Director of the Port of Los Angeles and Director of Logistics for the City of L.A. during the coronavirus crisis updates economic activity at the port, trade and the pause in the cruiseline industry. Bryan Perry, Editor, of www.BryanPerryInvesting.com and author of the 25% Cash Machine has a comprehensive analysis of the markets, his stock picks and the outlook for the second half of 2020.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street : The 2nd quarter of 2020 goes into the Wall Street history books with the best quarterly market performance since 1998 while main street businesses deal with new challenges in the face of rising coronavirus cases. The Dow started the day 100+ points lower but came in for a closing gain of 217 points after testimony by Fed Chairman Jerome Powell and Treasury Secretary Steven Mnuchin before the House Financial Services Committee focused on the ongoing government response to the coronavirus crisis.The price of gold has closed at $1800 an ounce for the first time since 2011. Oil saw historic volatility over the past 3 months rebounding from a record low of negative $40 to closing just shy of +$40 today. Market analysis from Art Hogan, Chief Market Strategist, National Securities and John Kilduff, Oil Analyst, Again Capital, CNBC Contributor. Tracy Hernandez, founding CEO of the Los Angeles Business Federation (LA BizFed), www.BizFed.org discusses the challenges facing the main street economy and important resources available for L.A. area business owners. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Stocks start the holiday shortened week with a rally as coronavirus cases move up to the highest seen since the pandemic started. Many states, including California, are retreating or pausing business reopenings in the face of the rising case numbers. The market got a boost from an eye popping jump in pending home sales last month and a big rise in Boeing stock on news the 737 MAX jetliner started FAA certification flights with the goal of resuming service of the grounded jetliner by the end of the year. The Dow came in for a closing gain of 580 points. Analysis of the markets, the economy and real estate from guests: Jim Hausberg, Managing Director, HighTower Advisors, Los Angeles, Dr. Robert Kleinhenz, Prinicipal, Kleinhenz Economics, and Jeff Lazerson, President, Mortgage Grader and O.C. Register columnist.Support the show: https://www.frankmottek.com

Stocks wrap up a volatile week sharply lower as coronavirus case numbers continue to rise to the highest seen since the pandemic started. Some states retreat on aggressive business re-openings as covid cases spike. California is also pausing additional re-openings. The latest coronavirus numbers raising questions about the shape of the economic recovery from the worst downturn since the Great Depression. The Dow ended the week with its worst one day loss in two weeks dropping 730 points. Analysis of the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, mega entrepreneur, Chairman, O'Shares ETF's and O'Leary Financial Group. The Beverly Hills Chamber of Commerce organizes Beverly Hills Back to Business, a virtual collaborative of other area chambers, business and civic leaders to discuss meeting the many challenges facing businesses after the coronavirus lockdowns. The event and the latest news discussed with Todd Johnson, President, CEO, Beverly Hills Chamber of Commerce www.beverlyhillschamber.comSupport the show: https://www.frankmottek.com

Mottek On Money Special Edition Covering Wall Street and Main Street: Stocks close higher in a volatile session with the focus of attention on the alarming spike in coronavirus cases in California and other states. The weekly jobless claims came in at nearly 1.5M but continued to decline for the 12th week in a row. The latest report on economic growth in the first quarter of 2020 came in at -5%, in line with the previous estimate. The Dow came in for a closing gain of 300 points after posting a loss of more than 200 earlier. Analysis from economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center. Jamie Court, President, Consumer Watchdog discusses the latest consumer issues including nursing homes during the coronavirus crisis and the latest on consumers unable to get their bottle and can deposit refunds in California. Governor Newsom has given retailers another 60-day reprieve on refunding the 5 or 10 cent CRV deposits. Elder Law Attorney Zoran Basich, founder of Nursing Home Solutions, www.nhscare.com discusses reports of so-called "patient dumping" during the coronavirus and how financially struggling families can get nursing home care for loved ones without depleting their resources. Support the show: https://www.frankmottek.com

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

Mottek On Money Special Edition - Covering Wall Street and Main Street: Tech stocks lead the latest rally propelling the Nasdaq to a record high for the second day in a row. Apple and Amazon among the stocks closing at new highs. Shops and restaurants are reopening in Beverly Hills. The Beverly Hills Chamber of Commerce is set to host the first Back to Business Virtual Collaborative on June 30th including area business and civic leaders. Beverly Hills Mayor Lester Friedman updates the reopenings and previews the event www.beverlyhillschamber.com The Los Angeles Area Chamber of Commerce organizes it annual entrepreneurship and innovation conference BIZCON www.BIZCONSoCal.com for June 24th and 25th. The event and update on LA area business reopenings and issues facing small business owners discussed with Maria Salinas, President and CEO, LA Area Chamber of Commerce www.LAChamber.com On the financial markets, the latest analysis with Ken Winans, President and Founder, Winans Investments www.WinansInvestments.com  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street: Stocks slide at the opening bell as coronavirus numbers in California, Florida and Texas rise. The Dow was down about 200 in the early going but turned around as big tech companies including Apple began to rally. The Dow came in for a closing gain of 153 points. Apple made some big announcements at its annual World Wide Developers Conference and Apple stock ended the day up $9.15 to a record high close $358.87. Oil hit the highest price seen in about three months above $40 a barrel. Market analysis from Matt Krantz, Personal Finance and Management Editor, Investors Business Daily, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman of O'Leary Financial Group and O'Shares ETF's and John Kilduff, Oil Analyst, Again Capital and CNBC contributor. Support the show: https://www.frankmottek.com

Mixed finish to a winning week for stocks as the main street economy gets cranked up again. The Dow jumped nearly 400 points on Friday on reports China was set to buy more U.S. farm products. But the rally faded after Apple announced it was re-closing 11 stores in Arizona, Florida and the Carolinas due to spikes of coronavirus cases in those states. The World Health Organization announced the pandemic is reaching "a new and dangerous phase" as daily cases hit new highs and the global  death toll continues to rise. California records the highest number of coronavirus cases since pandemic began. The Dow posted a closing loss of 209 points and a gain of 1% for the week. The latest on the market and the economy discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. The most popular outdoor shopping destinations in Southern California are reopening. L.A. business and civic leader, philanthropist Rick Caruso, CEO, Caruso, developer of the Grove LA, Americana at Brand, Commons at Calabasas, Palisades Village and others discusses the re-openings, future of retail, public safety, honoring Juneteenth and his urgent new effort to lead social justice reform. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition: A wonderful conversation with... Mr. Wonderful himself, Kevin O'Leary, Mr. Wonderful on TV's Shark Tank, Chairman O'Leary Financial Group, O'Shares ETFs, mega entrepreneur, business owner. Awesome insights as we discuss the rise of technology during the coronavirus crisis, how it’s impacting businesses and consumers, new tech tools in media, travel, commercial real estate, and his latest ventures.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition: Consumer advocates discuss what you and your loved ones need to know about health and financial issues related to nursing homes in the coronavirus crisis. Nursing homes have become ground zero of the pandemic with a large percentage of coronavirus deaths reported in elder care facilities. Serious questions are being raised about the level of care found at some of those facilities in California. In addition to the health issues, financial issues are also weighing heavily on consumers looking to afford proper care for their loved ones. The issues discussed with consumer advocate Jamie Court, President, Consumer Watchdog in Santa Monica, www.consumerwatchdog.org And Consumer Advocate and Elder Law Attorney Zoran Basich, founder, Nursing Home Solutions, www.NHSCare.com   Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Main Street and Wall Street: Stocks rally on a record 17.7% jump in retail sales last month. The market also got a boost on positive early results of a potential treatment for coroanvirus involving the steroid Dexamethasone and comments from Fed Chairman Jerome Powell stressing the Fed is committed to using all of its tools to cushion economic damage. Restaurants are facing big challenges in this recession and ongoing coroanvirus crisis. The situation discussed with Wolfgang Puck, celebrity chef and owner of restaurants worldwide including Spago in Beverly Hills and Chinois in Santa Monica. Patrick McClenahan, President/CEO, Goodwill Industries Southern California, discusses the reopening of Goodwill stores and donation centers, job training, and consumer bargain hunting.  The Dow closed up 527 points, the latest market action discussed with Gabriel Wisdom, Managing Director, American Money Management and author of Wisdom on Value Investing.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Main Street and Wall Street:  Stocks slide at the opening bell after the market's worst week since the bear market sell off three months ago. Concerns about a rise in coroanvirus cases now that businesses are reopening after the pandemic lockdowns weighed on global markets. But a late a rally turned the Dow's more than 700 point loss during the trading day to a 158 point closing gain. The latest market analysis from Art Hogan, Chief Market Strategist, National Securities. The U.S. Supreme Court rules the Civil Rights Act of 1964 protects gay, lesbian and transgender people from discrimination in employment. Many legal issues arise as businesses reopen as the coroanvirus crisis continues. The latest discussed with labor law attorney Thomas Lenz, partner at Atkinson, Andelson law firm in Pasadena and lecturer in law, USC Gould School of Law. Jeff Lazerson, President, www.Mortgagegrader.com and OC Register columnist discusses mortgage rates hovering near all time lows and real estate activity suddenly reactivated in Southern California.Support the show: https://www.frankmottek.com

Stocks rack up worst week since the bear market sell off in March. A wave of selling hit the market on concerns about rising coronavirus cases in some states and the Fed's latest assessment of the economy. The Dow plunged nearly 1900 points on Thursday, its fourth worst point drop in market history and rebounded 477 points in a volatile session to cap the week at 25,605. Analysis of the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, mega entrepreneur, Chairman, O'Leary Financial and O'Shares ETF's. L.A. area restaurants slowly reopen facing many challenges following the coronavirus lockdowns. The situation discussed with Armando Castro, Jr., Owner, El Floridita Restaurant in Hollywood.Support the show: https://www.frankmottek.com

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

Mottek On Money Special Edition - Covering Wall Street and Main Street: It's another day for the record books as tech stocks rally sending the Nasdaq to a record high close above 10,000. Apple, Microsoft, and Amazon all hit new highs. The Federal Reserve held the line on short term interest rates near zero and signaled no rate hikes expected thru 2022. The Dow bounced around and came in for a closing loss of 282 points on concerns about the recession and rising numbers of coronavirus cases. Market analysis from Jim Hausberg, Managing Director, HighTower Advisors, Los Angeles. L.A. area restaurants are slowly welcoming back dine in guests with strict new health protocols in what has been a tough time during the coronavirus crisis and recent civil unrest. The situation discussed with restaurant owner Jaqueline Canter, co-owner, Canter's Deli in the L.A.'s Fairfax district.     Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - covering Wall Street and Main Street: The New York Stock Exchange and other U.S. stock exchanges hold 8 minutes and 46 seconds of silence in honor of George Floyd coinciding with the beginning of Floyd’s funeral in Houston. Coronavirus cases continue on the rise in California. Tech stocks rally sending the Nasdaq to a record high close for the second day in a row. The Dow pulls back 300 after a six day rally. Bank of America commits $1B in support of local communities to address economic and racial inequality accelerated by the coronavirus crisis. Raul Anaya, Bank of America Market President for Greater Los Angeles discusses the announcement, the economy, diversity, small business lending programs and post pandemic business. Prominent economist Dr. Robert Kleinhenz, Principal, Kleinhenz Economics discusses the latest news on the economy, the official recession declaration, outlook on business re-openings, retail and real estate.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition -Wall Street and Main Street: Stocks start the week with a rally sending the Nasdaq to a record closing high on growing optimism that the worst of the coronavirus induced recession might have already passed. It was the Nasdaq's first record high close since February 19th and marks an impressive rebound since the fastest ever bear market sell off. The broader S&P 500 turns positive for 2020. The Dow posts at gain of 461 points putting it about 2000 points below its all time high.  All this on the same day the National Bureau of Economic Research officially declared a recession started in February. Travel related stocks including airlines, cruiselines, car rental companies shot higher. Auto stocks moved up including Tesla which hit a record high above $900. The markets and the economy discussed with Bryan Perry, Editor of www.BryanPerryInvesting.com and Economist Christopher Thornberg, Founder, Beacon Economics.  Support the show: https://www.frankmottek.com

Stocks rally on the unexpectedly positive surprises in the May jobs report showing unemployment ticking lower to 13.3% and 2.5 million jobs were added to the economy after the lifting of some coronavirus lockdowns. Most analysts were expecting another big jump in unemployment and another drop in hiring. The Dow closed up 829 points. The Nasdaq touched a new intraday high closing up 198 points, ending the week just three points below its record high. Many business leaders release statements in support of protestors calling for justice in the death of George Floyd and condemning racism.  The latest on Wall Street and Main Street discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, Mr. Wonderful on TV's Shark Tank, Chairman, O'Leary Financial Group, O'Share's ETF's and Beanstox  www.beanstox.com , and John Kabateck, California Director, National Federation of Independent Business www.NFIB.com Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Main Street and Wall Street: Stock post a mixed finish on the latest weekly jobless claims showing another eye popping jump of 1.88 million new people got in to unemployment lines over the past week. Jobless claims now total to nearly 43 million since mid-March during the coronavirus crisis. That report came out ahead of Friday's release of the May jobs report from the Labor Department which is expected to show the nation's unemployment rate close to 20%, highest seen since the Great Depression. Coronavirus cases continue to rise. New optimism on work to find a coronavirus vaccine. Mass protests continue.  Business leaders are speaking out on justice for George Floyd as well as releasing statements calling for systemic change to fight racism and to address issues including income inequality. The latest discussed with economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. Catalina Island is finally reopening to visitors after about a three month economic lockdown. The reopening discussed with Catalina business leader Steve Bray, owner of Steve's Steakhouse www.stevessteakhouse.com and Maggie's Blue Rose restaurants in Avalon.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition covering Wall Street and Main Street: Stocks rally on new signs the worst of the economic downturn is behind us. This after a calmer night of anti police brutality protests calling for justice for George Floyd. The latest ADP private employment survey showed businesses cut nearly 2.8 million jobs last month but that was much better than the 9 million job cuts analysts were expecting. The Dow came in for a closing gain of 527 points sending it above 26K. Oil moved above 37 dollars a barrel to the highest seen in 3 months, a dramatic bounce back from below zero where it stood in April when demand collapsed and supplies overflowed. Analysis on the markets and the economy from Art Hogan, Chief Market Strategist, National Securities and John Kilduff, Founding Partner, Again Capital and CNBC contributor. The coronavirus crisis and wave of unemployment has impacted real estate in Southern California. A ground level view of whats happening and outlook discussed with Sean Brunske, with home buyer HomeVestors in Los Angeles, Riverside and San Bernardino County www.webuyuglyhouses.com  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Wall Street and Main Street: Stocks climb a proverbial wall of worry as businesses are impacted by civil rights protestors demanding justice for George Floyd, civil unrest, and curfews amid slow re-openings with the coroanvirus crisis continuing. The Dow closes up 268 points. A discussion of the markets and the economy with Mark Hulbert, Marketwatch columnist, Publisher of The Hulbert Digest which tracks market newsletters. Spencer Levy, Chairman of Americas Research and Senior Economic Advisor, CBRE, discusses commercial real estate (industrial, office, multifamily, retail, hotels) as businesses gradually reopen following the coronavirus lockdowns.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Many L.A. area businesses still reeling from the coronavirus crisis are hit by looting and vandalism in a wave of civil unrest. Violence flared in the midst of many peaceful street protests over the death of George Floyd at the hands of a Minnesota police officer. Many California business leaders including Tesla's CEO Elon Musk and Apple CEO Tim Cook have spoken out about justice for George Floyd. Tremendous heartbreak for business owners affected by the weekend unrest. The main street situation discussed with Maria Salinas, President/CEO, Los Angeles Area Chamber of Commerce. Stocks begin the week with gains. The latest on the markets and the economy discussed with Jim Hausberg, Managing Director, HighTower Advisors and board member of www.JVS-SoCal.org Mortgage rates hover near record lows but tighter lending standards and a flood of re-fi applications make it tougher to get the lower rates. The latest mortgage and real estate news discussed with Jeff Lazerson, President, Mortgage Grader and O.C. Register columnist.    Support the show: https://www.frankmottek.com

Stocks post a mixed finish to a winning month of May in the face of more tough news on the main street economy which is slowing reopening following the coronavirus shutdowns. Analysis from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Leary Financial Group, O'Shares ETF's, L.A. based economist Dr. Robert Kleinhenz, Principal, Kleinhenz Economics. Celebrity hair stylist Giuseppe Franco in Beverly Hills reacts to the state allowing hair salons to reopen in Los Angeles county with new health safety protocols and explains how his famous salon is going above and beyond the basic requirements.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks stage an early rally in the face of more shocking numbers on the economy as investors appear to bet the worst of the coronavirus economic damage is behind us. Another 2.1 million people got into unemployment lines over the past week bringing the 10 week total to nearly 41 million. The early rally fizzed out as rising US China tensions took the spotlight over China's latest moves to crackdown on protestors in Hong Kong impacting Hong Kong's autonomy. The Dow came in for a closing loss of 148 points. 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. David Pillsbury, CEO, ClubCorp, including City Club Los Angeles discusses golf country clubs and business clubs starting to reopen, seeing increased demand following the crisis shutdowns,  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks lift off at the opening bell as more businesses reopen after the coroanvirus shutdowns. Stocks pulled back during the trading day on renewed tensions between the U.S. and China but a late rally sent to the Dow up 553 points at the closing bell. Market analysis from Bryan Perry, Editor of (www.BryanPerryInvesting.com), Cash Machine Income and author of the 25% Cash Machine. Los Angeles business leaders are dealing with a range of challenges as the economy slowly reopens. Mark Wilbur, President/CEO, Employers Group, former Board Chair and founding Los Angeles Business Federation (www.LABizFed.org) member discusses L.A.'s coronavirus ravaged economy and a new LA Biz Fed survey of the top issues facing L.A. business owners.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks kick off a holiday shortened week with a rally as economies around the world continue to reopen following the coronavirus lockdowns. The latest reports of new efforts by various companies to develop a coronavirus vaccine and treatments helped give the markets a boost. Energy names and travel related companies rallied while so called "stay at home" stocks pulled back. The Dow popped 700+ points, moving above 25K during the trading session, before closing up 530 points to 24,995. Market analysis from Jim Hausberg, Managing Director, HighTower Advisors in Los Angeles. The enormous contribution made by foreign firms to the California economy is detailed in the latest report on Foreign Direct Investment prepared by the World Trade Center Los Angeles. The report and outlook for the post pandemic world discussed with Stephen Cheung, President, World Trade Center Los Angeles and Executive Vice President, Los Angeles County Economic Development Corporation, LAEDC www.laedc.org  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Memorial Day 2020. The stock market, banks, credit unions, govenrment office and the post office are closed as the nations honors the US military personnel who have made the ultimate sacrifice while serving the US armed forces. Financial markets are focused on the coroanvirus crisis and now a Chinese crackdown on pro democracy protestors in Hong Kong. The stock market posted a winning week in the face of more tough news on the main street economy. The crisis is impacting real estate with home sales plunging in April while home prices ticked higher. The latest on the markets and the economy discussed with Kevin O'Leary, Chairman, O'Leary Financial Group, O'Shares ETF's, serial enthrepreneur, a.k.a. Mr. Wonderful on TV's Shark Tank, Economist Dr. Robert Kleinhenz, Principal, Kleinhenz Economics, Jeff Lazerson, President, MortgageGrader and OC Register columnist.    Support the show: https://www.frankmottek.com

More economic pain on Main Street as California's unemployment rate hits a record high. Rental car giant Hertz files for bankruptcy. Stocks end a winning week with a mixed finish as tensions rise between the U.S. and China over the coronavirus pandemic and China's new action to curb pro democracy protestors in Hong Kong. Analysis of the latest news on the economy and financial markets from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Bill Allen, CEO, Los Angeles County Economic Development Corporation, LAEDC, and Kevin O'Leary, Chairman, O'Leary Financial Group, O'Shares ETF's, a.k.a. Mr. Wonderful on TV's Shark Tank. Beau Boeckmann, President, Galpin Motors in the San Fernando Valley and Star of Car Kings on the Discovery Channel discusses business following the reopening of auto dealerships and what car buying consumers need to know.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks slip in the face of more tough news on the main street economy including another 2 million + surge in jobless claims over the past week, more retailers announcing store closings, U.S. China tensions flaring and slower than expected progress on reopening the economy. The Dow came in for a closing loss of 102 points. Analysis and outlook from economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. The price of oil hits a six week high and is now up 80 percent this month impacting investors and consumers. The latest news in the energy sector discussed with John Kilduff, oil analyst, Again Capital and CNBC contributor.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks rally with big tech names leading the way. Both Facebook and Amazon hit record highs. Oil stocks also rose with the price of oil hitting the highest price seen in 10 weeks as energy demand picks up on the easing of coronavirus business lockdowns. The Dow posted a closing gain of 369 points. Midweek analysis of the markets and the economy from Wall Street veteran Art Hogan, Chief Market Strategist, National Securities. Nursing homes continue to be ground zero for the coronavirus crisis. Elder law attorney Zoran Basich, founder, Nursing Home Solutions www.NHSCare.com discusses the latest news and how you can get the nursing home care needed for your loved one without going broke. Los Angeles businesses weathering the coronavirus economic storm have a range of resources now available. The latest discussed with Judy Drucker, Senior Director, Los Angeles County Economic Development Corporation, LAEDC, www.LAEDC.org Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Special report on the coronavirus impact on Southern California real estate. Home sales plunge in April during the coronavirus lockdowns. Prices tick higher. The outlook on home sales, prices, rent, the mortgage business, affordable housing ideas including co-living apartments discussed with guests: Dr. Frank Nothaft, Chief Economist, Corelogic, Jeff Lazerson, President, MortgageGrader and Orange County Register Columnist, Richard Loring, multifamily housing developer, Director of Design and Construction, Domos Rossmore in Los Angeles. The Dow closes down nearly 400 points as questions are raised about early results reported on an experimental coronavirus vaccine being developed by Moderna.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market - Stocks rally on positive early results in human testing of an experimental coronavirus vaccine by drug company Moderna. Fed Chairman Jerome Powell told CBS News 60 Minutes he optimistic the economy can begin to recover in the second half of the year but a full recovery will likely not be possible before the arrival of a vaccine. The Dow closed up 912 points. The latest news on the coronavirus ravaged economy, jobs, pensions and more discussed with James P. Hoffa, General General President, International Brotherhood of Teamsters. On the market rally, analysis from Jim Hausberg, Managing Director, HighTower Advisors, Los Angeles. Support the show: https://www.frankmottek.com

A volatile and losing week for stocks as the coronavirus crisis continues to ravage the economy. Retail sales and industrial production post record drops, another major retailer files for bankruptcy, U.S. China tensions flare again. The Fed says the crisis has created uncertainty and financial sector fragility. Mortgage rates hover near record lows but banks tighten up lending again. About four million Americans are not making their mortgage payments under forbearance agreements. Analysis of the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, Chairman O'Leary Financial Group. O'Shares ETF's, entrepreneur, author, also known as Mr. Wonderful on TV's Shark Tank and Mark Theis, President of HMS Capital. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks open lower on the latest jobless claims report showing nearly 3 million more people got into unemployment lines over the past week bringing the two month total to about 36.5 million. The Dow tanked about 450 points during the trading session but then turned around as oil and bank stocks rebounded. The markets also perked up as another economic rescue package comes together in Washington. The Dow posted a closing gain of 377 points. The latest news on the economy, jobs, outlook and latest work on coronavirus vaccines discussed with economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. ( https://milkeninstitute.org/ )  Long time Southern California labor leader and activist Patrick D. Kelly with the Teamsters Union discusses the crisis impact on local jobs and the economy. Tina Oswald, Executive Director of the Resident Relief Foundation ( https://residentrelieffoundation.org/  ) talks about how the crisis has made if difficult, if not impossible, for many people to pay their rent and how the foundation is helping people at all income levels.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks slide for the second day in a row on a tough assessment of the economy from Fed Chairman Jerome Powell saying the outlook is "highly uncertain." He warned of the threat of a prolonged recession and Washington to take additional steps to shore up the economy. The Dow closed down 517 points. Market analysis from Art Hogan, Chief Market Strategist, National Securities. More heartbreaking news from California nursing homes as another cluster of deaths is reported at a facility in the bay area. Financial strains continue for families not aware of the benefits they may be entitled to for skilled nursing care. The latest discussed with Zoran Basich, elder law attorney, founder, Nursing Home Solutions,( www.nhscare.com ). Los Angeles business and civic leaders are mourning the loss of two giants on the L.A. business scene who have passed away this week. Real estate developer Jerry Snyder and energy guru S. David Freeman, the former head of the Los Angeles Department of Water and Power. The Honorable Tom LaBonge, former L.A. City Councilman and L.A. historian shares his thoughts on their legacy and discusses the current crisis.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks take the biggest one day slide so far this month on health concerns related to the reopening of the economy as expressed by Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, at a congressional hearing. The Dow closed down 457 points after meandering in a narrow range during most of the trading day. The reopening and recovery of the economy in California will be slower than first expected. The latest assessments of the economy and markets discussed with Dr. Robert Kleinhenz, Kleinhenz Economics and Ken Winans, President, CIO, Winans Investments. Dave Naidu, CEO, Socialincs in Newport Beach discusses www.restaurantsrising.com a new initiative to help restaurants struggling to survive in the coronavirus crisis.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market:  A mixed start to the week on Wall Street as businesses and economies slowly reopen while authorities watch the latest coronavirus case numbers and deaths. On Main Street, more bankruptcies among retailers and airlines. Commercial real estate is seeing a big impact as the coronavirus lockdowns continue. Businesses, buildings and offices prepare for the day when people go back to work. An update on what's ahead for the office workplace, commercial real estate, restaurants and more with Ryan Harding, Executive Managing Director, Newmark Knight and Frank in Los Angeles. Stocks see the best month of April in 33 years while the nation's unemployment rate soars to the highest seen since the 1930's in the same month. The disconnect between the Main Street economy and Wall Street, the market outlook and more discussed with Mark Hulbert, Marketwatch columnist and publisher of the Hulbert Digest.Support the show: https://www.frankmottek.com

The coronavirus crisis and its impact on Main Street and Wall Street: The economy gets hit with the worst monthly job loss on record. The U.S. unemployment rate hits the highest seen since the Great Depression as the coronavirus crisis continues. The April jobs report shows 20.5 million jobs lost and the unemployment shot up to 14.7%. Meanwhile, the stock market rallied as coronavirus restrictions begin to ease and the economy begins to slowly reopen. Tech stocks led the rally with the Nasdaq erasing recent losses and turning positive for 2020. Analysis of the week's history shattering news on the economy and the markets with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Art Hogan, Chief Market Strategist, National Securities. The coroanvirus crisis is having an enormous impact on the Los Angeles economy. Bill Allen, President/CEO, Los Angeles County Economic Development Corporation ( www.LAEDC.org  ) discusses unprecedented job losses due to the business lockdowns and resources available to help L.A. businesses. Millions of homeowners are not paying their mortgages during the crisis. The latest discussed with Jeff Lazerson, President, MortgageGrader and OC Register Columnist.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Tech stocks lead a recovery on Wall Street as the coronavirus crisis claims another 3.2 million more jobs over the past week. The tech heavy Nasdaq popped above 9000 and erased all of the losses racked up since the dramatic bear market sell off started earlier this year. The Nasdaq, which includes tech companies in demand during the crisis, is now fractionally positive for 2020.  The Dow came in for a closing gain of 211 points and is still down 16% percent since the start of the year. California faces a new state budget crisis with a projected shortfall of $54.3B. Analysis on the markets, economy, jobs, oil, coronavirus vaccine research and more with guests: 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

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: The latest stock market rally fades in the face of an unprecedented wave of job losses. The latest ADP survey reported 20.2 million private sector jobs were lost in April during the massive coronavirus business shutdowns. More tough news on the job front is expected Thursday with the new report on weekly jobless claims and the April jobs report from the Labor Department on Friday is expected to show unemployment at the highest seen since the Great Depression. The Dow ended down 218 points. Tech stocks including Apple and Microsoft held up. The Nasdaq closed up 45. The latest market action and outlook for the economy, consumers, businesses and entrepreneurs discussed with Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares Investments, O'Shares ETF's. Dating goes high tech and virtual during the coronavirus crisis. The latest in the business of dating discussed with Laurel House, celebrity dating and relationship coach. Ilysha Buss, Director of Marketing at L.A.'s Original Farmer's Market, lets consumers know what's happening at L.A's iconic Farmers Market at 3rd and Fairfax. It's open for business continuing a tradition at that location since 1934. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks edge higher for the second day in a row as coronavirus business restrictions slowly ease. The Dow closed with a gain of 133 points. Oil stocks rebounded as crude soared 20 percent to close at $24.56/brl. Many businesses and institutions are now filing lawsuits against insurance companies in response to business interruption insurance claims being rejected during the crisis. Among those taking legal action against an insurance giant, the Simon Wiesenthal Center in West Los Angeles which operates the Museum of Tolerance and Moriah Films. Rabbi Marvin Hier, the Founder, Dean, CEO and President of the Simon Wiesenthal Center discusses the lawsuit, the crisis and its impact. On the markets and the economy, analysis from Gabriel Wisdom, Managing Director, American Money Management and author of Wisdom of Value Investing. Support the show: https://www.frankmottek.com

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

The job picture goes from bad to worse as the economy slips into reverse during the ongoing coronavirus crisis. More pain on main street as the business lockdowns continue but reason to cheer on Wall Street. The stock market saw an impressive rebound in the month of April on government moves to bolster the economy, positive results on experimental coronavirus treatments and efforts to restart the economy. The month of May gets off to a rough start on the latest earnings reports. Special coverage continues with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Stephen Cheung, President, World Trade Center Los Angeles, Executive VP, LAEDC   www.LAEDC.org  and famed Wharton Finance Professor Dr. Jeremy Siegel. Mortgage rates hit record lows. The coronavirus crisis takes a toll on the real estate business. The latest discussed with Jeff Lazerson, President, MortgageGrader and O.C. Register columnist.        Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Another 3.8 million people get in to unemployment lines over the past week bringing the total to about 30.3 million over the past six weeks. The Fed expands its Main Street Lending Program for small and medium sized businesses. Stocks wrap up April with the biggest monthly gains for the Dow and SP500 since 1987. Today EXCLUSIVE INTERVIEW with the leader of the world's largest leisure travel company, Arnold Donald, CEO, Carnival Corporation, parent company of Carnival Cruise Lines and 8 other cruise brands on the enormous impact of the crisis on the cruise business, travel, consumers and the economy. Art Hogan, Chief Market Strategist, National Securities, on the April stock market rally, latest earnings and whether you should "sell in May and go away." Economist Kevin Klowden, Executive Director, Milken Institute Center for Regional Economics and California Center on potential coronavirus treatments and vaccines as well as the outlook for reopening the economy.Support the show: https://www.frankmottek.com

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 ).Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks end the day slightly lower after the latest rally fizzed out on a big drop in consumer confidence and stark assessments of the economy. The number of confirmed coronavirus cases in the United States passed 1 million and the death toll climbed to more than 58,000 nationwide. Peter Schiff, President of EuroPacific Capital, offers his tough assessment on the economy, his outlook on gold, real estate and inflation. Laurie Dhue, certified recovery specialist, national recovery advocate, television host, producer and long time network television news anchor discusses big concerns about alcohol abuse during the coronavirus crisis, its impact on the economy, virtual AA meetings and other resources in Los Angeles.   Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Economic storm clouds gather on Main Street as coronavirus shutdowns continue while it gets sunny on Wall Street with efforts to slowly begin reopening parts of the economy. The Dow closes up 358 points. Oil takes a 25% plunge to settle below $13/barrel. L.A. business leader, philanthropist Scott Minerd, Chairman of Investments and Global Chief Investment Officer, Guggenheim Investments discusses the current economic outlook, an unprecedented wave of joblessness and homelessness in Los Angeles. He explains how you can urgently help heroes on the front lines of the crisis at the Union Rescue Mission on L.A.'s skid row and pledges to match $1 Million in donations. (To donate: www.URM.org ) The founder of Consumer WatchDog, Harvey Rosenfield, asks the state insurance commissioner to suspend auto insurance rate hikes during the crisis and discusses other consumer issues. Oil analyst John Kilduff, Again Capital and CNBC contributor reacts to another big one day plunge in the price oil and what it means for consumers, businesses and investors.  Support the show: https://www.frankmottek.com

The coronavirus crisis continues to leave its impact on Wall Street and Main Street with the death toll hitting new highs, jobless claims topping 26 million over the past 5 weeks, the price of oil crashing to below zero then rebounding, congress passing another nearly $500B crisis rescue package, and stocks snapping a 2 week winning streak. The Dow wrapped up the week with a closing gain of 260 points to settle at 23,775. The week's big news and outlook discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Serious talks underway to reopen the economy, outlook for retailers and consumers discussed with Rick Caruso, Los Angeles business leader, philanthropist, developer of the most successful shopping destinations in Southern California including The Grove, Americana at Brand, Palisades Village and the Commons at Calabasas. Elder law attorney Zoran Basich, founder of Nursing Home Solutions https://www.nhscare.com   discusses critical information related to nursing homes in the coronavirus crisis and getting help paying for nursing home care. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: More dismal readings on the economy including the latest weekly report on jobless claims showing another 4.4 million Americans got in to unemployment lines over the past week bringing the total to about 26 million. Congress is set to vote on a nearly $500B coronavirus rescue package for small businesses and workers. Oil jumps 20% after crashing to below zero this week. A report of a disappointing outcome on an experimental coronavirus treatment takes the steam out of the latest stock market rally. Analysis from economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center, Oil Analyst John Kilduff, Again Capital and CNBC contributor. Entertainment industry job losses mount in the current crisis. The outlook from industry pioneer Larry Namer, President and CEO of Metan Global Entertainment Group and founder of E Entertainment Television.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market -Stocks rebound after a two day slide. The Dow posts a closing gain of 457 points. Oil posts a nearly 20% gain, closing up $2.21 to $13.78 a barrel, in what's been an historic week in the oil markets which saw the price of oil collapse to below ZERO. Markets cheered the latest coronavirus rescue package coming together in congress. Market analysis from Art Hogan, Chief Market Strategist, National Securities and John Kilduff, Oil Analyst, Again Capital and CNBC contributor. Blake Polisky, Executive Vice President of Nature's Produce, a Los Angeles area food distribution company, (naturesproduce.com) explains how they've pivoted the business to directly serve consumers with warehouse pickup and delivery due to the shutdown of restaurants, hotels and schools it had served before the crisis hit.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks slip to the lowest levels in 2 weeks after the price of oil crashed to below zero on a plunge in demand and overflowing supply during the coronavirus shutdowns.  Oil did bounce back to finish around 10 dollars a barrel. The Dow came in for a closing loss of 631 points. A discussion on the latest epic news impacting Wall Street and Main Street with Maria Bartiromo, Global Markets Editor, Anchor, Mornings with Maria, Sunday Futures and Maria Bartiromo's Wall Street on the Fox Business Network. Susan Janson Ping, Owner, Kick It Up dance the fitness studio, Long Beach. John Kilduff, Oil Analyst, Again Capital and CNBC contributor. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market - The price of OIL CRASHES TO BELOW ZERO. Oil plunged 306% under the weight of the enormous drop in demand due to the coronavirus shutdowns around the world and a flood of new supply with no place to put it. Oil took an historic drop of $55.90 a barrel settling to NEGATIVE $37.63 a barrel, the lowest price ever recorded. Oil stocks led the overall market lower. The Dow closed down 592 points. Analysis of the day's epic events and outlook with oil analyst John Kilduff, Again Capital, CNBC contributor and Jim Hausberg, Managing Director, Partner, HighTower Advisors in Los Angeles.Support the show: https://www.frankmottek.com

Stocks rally for the second week in a row despite more ugly readings on the coronavirus ravaged economy including a jobless claims surge of more than 5 million. California's unemployment rate spikes to 5.3%. The Dow ended the week with a closing gain of 705 points on moves to reopen the economy. A report saying an experimental coronavirus treatment showed some positive results also lifted investor sentiment. China's economy contracts by a record 6.8% in the first three months of the year. The latest assessment of the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, "Mr. Wonderful" on TV's Shark Tank, Chairman, O'Shares ETFs, serial entrepreneur, author, Dr. Robert Kleinhenz, Principal Economist, Kleinhenz Economics, also affiliated with Cal State Long Beach and the Inland Empire Economic Partnership.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: So called "stay at home" tech companies lead a rebound on Wall Street while the economic pain on Main Street continues. Another 5.2 million Americans got in to unemployment lines over the past week bringing the total number over the past month to about 22 million, erasing nearly all of the job gains over the past decade. Amazon and Netflix stock hit record highs as consumers order online and watch movies online during the coronavirus lockdowns. Analysis from market veteran Bryan Perry, Editor of BryanPerryInvesting.com and author of the 25% Cash Machine. The latest eye popping number of jobless claims just the latest in a series of tough readings on the economy. The latest reports and outlook discussed with economist Kevin Klowden,  Executive Director of the Milken Institute's Center for Regional Economics and California Center in Santa Monica. United Health Foundation pledges $1 million to support vulnerable LA County residents during the coronavirus crisis. Dr. Amar Desai, President/CEO of Optum California, part of United Health, updates the health aspect of the crisis, help for the homeless and the outlook for reopening the economy.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks take the worst tumble in a couple of weeks on a blizzard of tough news on the coronavirus ravaged economy. Retail sales plunged a record 8.7% in March, manufacturing and overall industrial production record the biggest drops since 1946 when the U.S. demobilized after World War II and banks brace for big loan losses. Oil demand is expected to fall this year by the most ever due to the coronavirus shutdowns. Oil closed below $20 a barrel for the first time since 2002. Los Angeles gas prices move lower. The Dow came in for a closing loss of 445 points to settle at 23,504. A comprehensive mid week update on the economy and the markets with Art Hogan, Chief Market Strategist, National Securities and John Kilduff, Oil analyst, Again Capital and CNBC contributor.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market - Stocks rally on hopes business shutdowns imposed during the coronavirus pandemic might soon be eased. The rate of new coronavirus cases worldwide has slowed for the past three days. The Dow came in for a closing gain of nearly 560 points. Tech stocks led the way higher. The Nasdaq gained 323 points. Market analysis from Gabriel Wisdom, President, American Money Management. The IRS is giving taxpayers more time to file taxes this year because of the coronavirus crisis. Gregg Wind, CPA, Partner, Kallman, Logan & Co. in Brentwood discusses what you need to know as well as special provisions for 401K hardship withdrawls and loans this year. Julia Forth, Executive Director, Cancer Support Community Los Angeles, discusses free support programs available for some of the most vulnerable in the coronavirus crisis, cancer patients. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks start the week with a pull back after the market's best weekly gain in 45 years. Investors turned cautious after the three day holiday weekend on uncertainty over when the economy will open up again and how much damage the crisis will do to company earnings which start coming out this week. The Dow came in for a closing loss of 329 points    Oil settled lower to $22.41/barrel. The latest on the markets and the economy discussed with Ken Winans, President, Chief Investment Officer, Winans Investments. Cruiseline stocks get hit again as the resumption of cruises is delayed again. The outlook discussed with cruise industry expert Stewart Chiron, President, Cruiseguy.com. Steven Barber, President, Vanilla Fire Productions discusses the coronavirus shutdowns impacting commemorations of one of mankind's greatest achievements: The epic struggle and safe return of the Apollo 13 astronauts after their spacecraft endured an explosion on the way to the moon 50 years ago.Support the show: https://www.frankmottek.com

Another heartbreaking week as the number of coronavirus deaths and cases rise. Consumers and businesses suffer. Unemployment claims spike again while the lockdowns continue. The Fed announces an additional $2.3T of new support for the economy. Stocks close out the holiday shortened week with the best weekly gains in 45 years. Analysis of the latest news and a look ahead with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Business and civic leaders in Beverly Hills respond to the coronavirus crisis. An update from Beverly Hills City Councilmember (former Mayor) Dr. Julian Gold, M.D. The entertainment industry has virtually shut down because of the coronavirus pandemic. Gabrielle Carteris, the president of SAG-AFTRA discusses the union's response and resources.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: The Fed rolls out another $2.3 trillion dollars in new lending programs designed to ease the impact of the coronavirus crisis. This after another devastating weekly jobless claims report came in worse than expected at 6.6 million bringing the jobless claims total to nearly 17 million over the past three weeks. The stock market ended the holiday shortened week with a rally. The Dow gained nearly 13% for the week settling at 23,719. The SP500 ended the week up 12.1% to 2,790, its best weekly performance since 1974. The latest news discussed with Art Hogan, Chief Market Strategist, National Securities, Dr. Robert Kleinhenz, Economist, Kleinhenz Economics, L.A. County Supervisor Hilda Solis, former Secretary of the U.S. Department of Labor, Patrick D. Kelly, long time labor leader and union activist, Teamsters Union in Orange County.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks rally on the latest hopes the coronavirus pandemic is easing. The death toll hits new highs and the economic damage on main street continues. Financial markets now brace for the latest report on jobless claims due out Thursday morning. Market analysis from Michael Farr, President and CEO of wealth management firm Farr, Miller & Washington and CNBC contributor. Silicon Beach becomes Silicon stay-home as tech entrepreneurs are hit hard by the current crisis. An update from Josh Berman, co-founder of venture capital firm Troy Capital and co-founder of fintech company Quid which is providing liquidity to pre-IPO shareholders. Tough times in the restaurant business. A conversation with Jacqueline Canter, family owner of L.A's iconic Canter's Deli in the Fairfax district experiencing a Passover unlike any other in the restaurant's 89 year history.  Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks rally on optimism the coronavirus catastrophe is showing possible signs of easing in some areas of the world. The Dow shot up 937 a day after posting a closing gain of 1,627 points but the rally fizzled out. The Dow came in for a closing loss of 26 points. It was another volatile day in the oil markets too with oil plunging 9.4% back to $23.63. Gold came off a seven year high, back to $1,683.70/oz. The latest on the markets and the economy discussed with 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

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Financial markets rally on hope the coronavirus pandemic is starting to stabilize in some places around the world, including New York.  With most of the global economy still shutdown and unemployment seeing a severe spike higher, stocks rallied on hope there's light at the end of the tunnel. The Dow came in for a closing gain of 1,627 points to settle at 22,680, a gain of nearly 8%. Market analysis from Jim Hausberg, Managing Director, Partner, HighTower Advisors, Los Angeles. Bill Allen, President and CEO of the Los Angeles County Economic Development Corporation, discusses the LAEDC's response to the crisis and the resources available at www.laedc.org to help local businesses make it through this unprecedented time.     Support the show: https://www.frankmottek.com

The coronavirus crisis claims millions of jobs and continues to hit the economy hard as the pandemic shutdowns continue. The nation's unemployment rate soars from a 50 year low of 3.5% to 4.4%, employers cut at least 701,000 jobs. The March jobs report came in a day after weekly jobless claims shattered records for the second week in a row reflecting more than 10 million people had applied for unemployment benefits. The first money from the coronavirus rescue package passed by congress begins to flow. Stocks end the week with a pull back. The week's epic news discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Maria Salinas, President/CEO, Los Angeles Area Chamber of Commerce, Jeff Lazerson, President, Mortgage Grader and OC Register Columnist. Business owners adjust to the coronavirus crisis. Among them, long time Los Angeles businessman, philanthropist, Larry Miller, Chief Executive, Sit N Sleep Mattress Stores.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition -Coronavirus Crisis Bear Market: Jobless claims surge to record highs as the shutdown of the economy because of the pandemic sets off an unprecedented wave of layoffs. The Small Business Administration releases details of two business rescue programs including the Paycheck Protection Program. Victor Parker, Los Angeles District Director of the SBA provides the information small business owners need at this critical time. Economist Robert Kleinhenz has the latest assessment of the economy and jobs. And Bryan Perry, Editor of Bryan Perry Investing and author of the 25% Cash Machine discusses the stock market, latest bear market rally, the Dow closing up nearly 500 points as the price of oil sees its biggest one day gain ever, up 25%, back to around $25 a barrel.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition -Coronavirus Crisis Bear Market: Stocks kick off the month of April and the second quarter of 2020 with a pull back on the latest coronavirus news including the official estimate that the pandemic's death toll could reach at least 100,000 in the U.S. More ominous readings on jobs, real estate and manufacturing as the coronvirus shutdowns continue with no firm end in sight. The Dow came in for a closing loss of nearly 1,000 points coming off the worst first quarter for the Dow in market history. The markets and the economy discussed with market veteran Hugh Johnson, Chairman and Chief Investment Officer, Hugh Johnson Advisors. Small business owners struggle during the coronavirus crisis, even those deemed essential. The situation facing many business owners discussed with long time Southern California business owner Mike Diamond, owner, Mike Diamond Plumbing.        Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks wrap up a brutal month of March and first quarter of 2020 with losses. The Dow came in for a closing loss of 410 points settling at 21,917, posting a loss of 23.2% for the quarter, its worst quarter since 1987 and the worst first quarter of any year in Wall Street history. Economic storm clouds continue to gather as the global economy is at an unprecedented standstill in the face of the coronavirus pandemic. Has the market bottomed? What's the outlook for the economy in the face of the ongoing pandemic? The markets and the economy discussed with famed Wharton School Finance Professor Jeremy Siegel and Mark Hulbert, Publisher of the Hulbert Digest and Marketwatch columnist.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition -Coronavirus Crisis Bear Market: Stocks start the week with a rally coming off the best week for the Dow since 1938 following the passage of the $2.2 trillion dollar coronavirus rescue package in Washington. Health care stocks including Johnson and Johnson and Abbott Labs led the charge on news J&J is working on a coronavirus vaccine and Abbott has received FDA approval for a five minute coronavirus test. Economic damage from the coronavirus business shutdowns continue. The price of oil plunges to the lowest seen in 18 years. Guest include Michael K. Farr, President and CEO of Wealth Management Firm Farr, Miller & Washington and CNBC contributor and John Kilduff, Oil analyst, founder Partner, Again Capital and CNBC contributor.     Support the show: https://www.frankmottek.com

Another week of extreme moves for the stock market, this time on the upside as investors cheer new moves by the Fed as well as the $2.2 trillion coronavirus rescue package approved by congress and signed into law by the President. The Dow pulled back 900+ points on Friday, but despite that ended up 13% for the week, it's biggest weekly percentage gain since 1938. A mid week 3 day rally sent the Dow up by nearly 4000 points. Entire sectors of the economy remain shut down during the current coronavirus emergency sending weekly jobless claims to all time highs. Analysis of another epic week from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and Art Hogan, Chief Market Strategist, National Securities. Jeff Lazerson, President, Mortgagegrader on nervous times in the real estate business with the economy on lockdown and unemployment on the rise. Los Angeles business and civic leader Matt Toledo, CEO, Provisors on how the business networking organization has pivoted fast to online networking in response to the coronavirus emergency.          Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks rally for the third day in a row after the U.S. Senate unanimously approves the CARESact, a $2.2T coronavirus rescue package, which now moves on to the House. Weekly jobless claims hit an all time high as nearly 3.3 million Americans applied for unemployment benefits due to the coronavirus shutdowns of entire sectors of the economy. The Dow closes up 1,352 points to 22,552. The Dow is now up about 3,900 points over the past three trading sessions. The latest market moves, economic outlook and more discussed with guests: Ken Winans, President, Winans Investments, author of Investment Atlas, Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition -Coronavirus Crisis Bear Market: Stocks move up for the second day in a row on optimism about a massive 2 trillion dollar coronavirus rescue package working its way through congress. The Dow came in for a closing gain of nearly 500 points. It ended about 800 points below its high of the day in another volatile session on reports a snag had developed in the coronavirus rescue deal. Stocks moved up for the second day in a row for the first time since early February and followed a 2,113 point closing gain in the previous trading session. Analysis from Art Hogan, Chief Market Strategist, National Securities. The real estate business has come to a virtual standstill worldwide because of the coronavirus shutdowns. The latest discussed with Aaron Kirman, President of the Luxury Division, Compass Realty, Beverly Hills and host of Listing Impossible on CNBC.  A special "Frank and Stein" discussion on the vicious bear market, the economy and the outlook with economist, financial commentor, actor and author, Ben Stein.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks roar back on hope a massive 2 trillion dollar coronavirus rescue package is close to passage in congress. The Dow closes UP 2,113 points to settle at 20,705, its biggest one day point gain in market history and the biggest percentage gain (+11.4%) since 1933. Extended market coverage with guests: Kevin O'Leary, "Mr. Wonderful" on TV's Shark Tank, founder of O'Leary Financial Group, O Shares ETF's. Gabriel Wisdom, President, American Money Management and author of Wisdom on Value Investing. Todd Johnson, CEO, Beverly Hills Chamber of Commerce on supporting local restaurants during the Great American Takeout Day today during the coronavirus national emergency.Support the show: https://www.frankmottek.com

Mottek On Money Special Edition: Coronavirus Crisis Bear Market: Stocks extend last week's slide sending the Dow down 37% from its record high just a month ago as the coronavirus brings global economic activity to a virtual standstill. The Fed announces it will provide unlimited help to the financial markets. Congress continues to work on a coronavirus rescue package. The Dow kicks off the week with a closing loss of 582 points to 18,592 following the market's worst week since the 2008 financial crisis. Analysis from Art Hogan, Chief Market Strategist, National Securities. Coronavirus impacts the real estate business. The latest from Dr. Frank Nothaft, Chief Economist, Corelogic on the outlook for real estate sales, prices and trends including virtual open houses.     Support the show: https://www.frankmottek.com

The coronavirus crisis hits consumers, businesses and the financial markets hard this week despite dramatic new efforts from the Fed, the White House and congress to control the economic damage. The Dow wraps up another extremely volatile week marked by thousand point swings with another closing loss of 913 points to 19,174 for a drop of 17.3% for the week and 35% from its all time high achieved last month. The Dow is now more than 10,000 points below its February 12th high in what has been the fastest turn from bull market to bear market in Wall Street history. This week's momentous events discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and leading influencer in the financial world. And Jim Hausberg, Managing Director and Partner, HighTower Advisors in Los Angeles. Los Angeles philanthropist, business and civic leader Rick Caruso, CEO of Caruso, developer of shopping destinations including The Grove, Americana at Brand, Palisades Villages in Pacific Palisades and others, discusses the decision to keep his properties open to the public during this unprecedented time. He also shares his insights on what needs to happen now to bolster consumers, retail, business and the economy. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition: Coronavirus Crisis Bear Market. Stocks take another roller coaster ride and end with the Dow up 188 points to 20,087 putting it 31 percent below where it was a month ago when the market stood at record highs. The Dow is on track for its worst week since the financial crisis of 2008. Unemployment lines got longer over the past week with jobless claims spiking 70K to 281K, the highest since September 2017. Analysts at Bank of America declare the U.S. is in a recession. Nervous time for consumers in the face of an economy coming to a temporary standstill because of the coronavirus emergency, rising unemployment, and empty store shelves. More conventions are cancelled or postponed. Guests include Michael Farr, President, investment advisory firm, Farr, Miller and Washington, CNBC contributor, Consumer Advocate Ralph Nader, Dan McAllister, San Diego County Treasurer/Tax Collector and President of the State Association of County Retirement Systems. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition: Coronavirus Crisis Bear Market. Stocks slide as global economic activity slows or shuts down in the face of the corona virus crisis. The Dow comes in for a closing loss of 1,338 points to 18,899 touching the lowest seen since December 2016. All this as the White House, Fed, Treasury Department and congress announce extraordinary plans to soothe markets and try to blunt the coronavirus' economic impact. Oil takes a one day plunge of 24%, closing down $6.58 to $20.37/barrel, the lowest seen since 2002. Guests include Art Hogan, Chief Market Strategist, National Securities and John Kilduff, oil analyst, Again Capital and CNBC contributor.Support the show: https://www.frankmottek.com

The 11 year bull run for stocks comes to an end as markets are rocked by heightened concerns about the economic impact of the coronavirus pandemic. Stocks took a huge roller coaster ride during the week culminating with the Dow closing up 1,985 points, its biggest point gain ever and its best percentage gain since October 2008. The eye popping gain came after the Dow's biggest ever point drop and worst percentage loss since the Black Monday Crash of 1987. Extended market coverage with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and leading financial influencer, Gabriel Wisdom, Managing Director, American Money Management. The coronavirus emergency rocks the cruise line business. Cruiseguy.com President Stewart Chrion discusses the major cruise lines now suspending trips for 30 days. Many business conferences are being cancelled or postponed. Some are going virtual. Among them, the big Trans Pacific Maritime (TPM) conferecence in Long Beach. TPM Conference Chairman Peter Tirschwell with the Journal of Commerce (JOC.com) discusses the last minute cancellation of this year's conference and new plans to stage it online.   Support the show: https://www.frankmottek.com

Special coverage on the markets and the economy after coronavirus fears cause extreme twists and turns in the financial markets. Another volatile week of almost daily 1000 point moves in the Dow Jones Industrial Average including a nearly 1,300 point move on the upside, the biggest one day point gain ever. Stocks post slight gains for the week after the biggest one week slide since the 2008 financial crisis. The Fed announces a surprise half point cut in its benchmark interest rate. Guests include Scott Minerd, Chairman of Guggenheim Investments and Global Chief Investment Officer, Co-Founder, Guggenheim Partners, Art Hogan, Chief Investment Strategist, National Securities, Ken Winans, President, Chief Investment Officer, Winans Investments, founder, The W Foundation.Support the show: https://www.frankmottek.com

Stocks slide on corona virus fears leaving investors sickened over an evaporation of $4.3 trillion dollars in 7 trading sessions. Stocks take the biggest weekly tumble since October 2008 during the financial crisis. The week’s market action included the biggest one day point loss in market history, a drop of nearly 1200 points. Major averages went from record highs to correction in about a week. Special market coverage with Dr Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Gene Seroka, Executive Director, Port of Los Angeles, Ken Winans, President, Winans Investments, Economist Kevin Klowden. Support the show: https://www.frankmottek.com

Investors turn cautious after a record run up as the number of coronavirus cases outside of China grows. South Korea becomes the latest battle ground for the virus. Stocks pull back. Bonds advance, Gold soars. Analysis from prominent wealth manager Michael K. Farr, President and CEO, Farr, Miller & Washington and CNBC contributor. The LAEDC releases its economic forecast with special attention this year on affordable housing in the L.A. area. The outlook and big issues discussed with Bill Allen, President/CEO, Los Angeles County Economic Development Corporation. L.A.'s international trade and potential impact of the coronvirus crisis in China on the local economy discussed with Stephen Cheung, President, World Trade Center, Los Angeles. Mortgage rates move lower as long term government bond yields hit record lows. The latest on rates from Jeff Lazerson, President, Mortgage Grader. Support the show: https://www.frankmottek.com

Stocks rack up record gains in reaction to the latest earnings news and readings on the economy despite serious concerns about the impact of the coronavirus (COVID-19) in China. David Rubenstein, billionaire businessman, philanthropist, founder and Co-Executive Chairman of the Carlyle Group investment firm discusses the markets, the economy and his new book titled "The American Story: Conversations with Master Historians." Silicon Beach veteran Josh Berman, co founder of MySpace, discusses his venture capital firm Troy Capital Partners and Quid which provides loans to entrepreneuers backed only by pre-IPO shares. The coronavirus impacts the cruise business in Asia but it's full steam ahead elsewhere. A record number of couples renew their wedding vows aboard Princess Cruise ships in a Valentine's week event. The latest discussed with Cruiseguy.com President Stewart Chiron and actress Jill Whelan from the TV show The Love Boat. Los Angeles business and civic leaders support the efforts of the American Society of Yad Vashem including a new educational speakers series in Beverly Hills. Support the show: https://www.frankmottek.com

Stocks rally to record highs but end the week with a pull back on economic uncertainties over the coronavirus in China. January jobs report shows employers added 225K jobs, unemployment rate ticks slightly higher to 3.6% coming off a 50 year low. Tesla takes a wild ride to record highs. Ken Winans, President, Chief Investment Officer, Winans Investments discusses the rally and what market history tells us about pandemics. Bill Allen, President/CEO, LAEDC, previews the LAEDC Economic Forecast event on February 19th. Hollywood director J.J. Abrams hosts a pre-oscar U.S. Ireland Alliance Oscar Wilde Awards event honoring another Hollywood giant, Norman Lear. Plant based meat is on the menu for celebrities at the Academy Awards Governor's Ball. Celebrity Chef Wolfgang Puck tells us what he's preparing this year and discusses his growing restaurant empire. Real estate outlook discussed with  Dr. Frank Nothaft, Chief Economist, Corelogic including the latest readings on Los Angeles real estate and mortgage rates.Support the show: https://www.frankmottek.com

Concerns about the economic impact of deadly coronavirus spreading in China send stocks moving lower after starting 2020 at record highs. The Dow wraps up the month of January with a 603 point one-day plunge, erasing 2020's gains. The U.K. breaks away from the E.U. in the long awaited "Brexit." The Fed holds the line on short term interest rates. Analysis on the major news of the week from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and extended market coverage with Mark Hulbert, Marketwatch columnist and publisher, Hulbert Digest. Mortgage rates touch three year lows. The legal cannabis business not playing out as expected in California with financial and health concerns being raised. The cannabis outlook discussed with Dr. Kevin Sabet, PhD, Co founder of Smart Approaches of Marijuana, former White House Drug Control Policy Advisor, Author, “Reefer Sanity: Seven Great Myths About Marijuana. He will be a panelist at the free Sheila Kar Health Foundation health seminar on February 8th in Beverly Hills.Support the show: https://www.frankmottek.com

Investors turn cautious as the deadly coronavirus in China spreads causing concerns about health, travel and the global economy. Stocks pull back from record highs achieved over the past week. Analysis from veteran market strategist Hugh Johnson, Chairman, Hugh Johnson Advisors. Stephen Cheung, President, World Trade Center Los Angeles discusses the latest trade developments and outlook. Mark Thorpe, CEO, Ontario International Airport, on the airport's recognition as the fastest growing for the second year in a row. Consumer advocate Ralph Nader, former Green Party presidential candidate, sounds a warning about stock market valuations, discusses top consumer issues of 2020 and his latest book Fake President.Support the show: https://www.frankmottek.com

2020 continues its roaring start on Wall Street with stocks popping to record highs. The markets cheered the signing of the phase one U.S. China trade deal, the U.S. Senate passage of the USMCA trade agreement, strong retail sales and corporate earnings. Art Hogan, Chief Market Strategist, National Securities, discusses the record shattering week and outlook. Gene Seroka, Executive Director of the Port of Los Angeles reacts to the latest trade news. An American hero is honored in Beverly Hills: Astronaut and naval aviator Captain Jim Lovell, commander of Apollo 13 receives the Living Legends of Aviation Award and the Jeff Bezos Freedom’s Wings Award. Steven Barber, documentary film producer, on new plans to honor Captain Lovell for the 50th anniversary of Apollo 13 this year. The 2020 outlook on residential and commercial real estate discussed with Jonathan Lee, Principal & Managing Director, George Smith Partners and Jeff Lazerson, President, Mortgage Grader. LA County Assessor Jeffrey Prang reminds L.A. County homeowners how they can save on their property taxes. Support the show: https://www.frankmottek.com

Stocks extend a record shattering New Year's rally sending the Dow above 29,000 for the first time. Financial markets were briefly spooked after the U.S. and Iran faced off in the MIddle East. The outlook on the markets and the economy discussed with giants in the financial world including Scott Minerd, Global Chief Investment Officer, Guggenheim Partners and Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. The focus of attention now shifts back to trade with President Trump set to sign the phase one US China trade agreement on January 15th. The USMCA trade deal moves closer to approval in the U.S. Senate. Trade issues discussed with Dr. Peter Navarro, Assistant to the President and Director of the Office of Trade and Manufacturing Policy. Aaron Kirman, one of the top real estate agents in the world based in Beverly Hills talks about the luxury real estate market and his new CNBC show "Listing Impossible."  Jeff Lazerson, President, MortgageGrader, says mortgage rates continue to hover near record lows.Support the show: https://www.frankmottek.com

Happy New Year! A roaring start to 2020 for the stock market continuing the record shattering 2019 rally. Stocks hit new highs on the first day of trading in the new year. A surprise U.S. air strike kills Iran's top general sending stocks lower, oil and gold higher on the second day of new year trading. The impact on markets and consumers discussed with John Kilduff, Founding Partner, Again Capital and CNBC Contributor, Mark Hulbert, Marketwatch Columnist, Publisher of the Hulbert Digest and David McAlvany, CEO, McAlvany Financial Group. Wall Street veteran Art Cashin, Director of Floor Operations, UBS, talks about the 2019 rally and a stock exchange new year tradition. Labor law attorney Thomas Lenz has the latest on the new California labor laws in 2020 and their impact at your workplace. Prominent entertainment industry attorney Howard Weitzman discusses Michael Jackson at the top of the latest Forbes magazine list of highest earning deceased celebrities in 2019.Support the show: https://www.frankmottek.com

Here comes Santa Claus... Big year end rally continues sending stocks to record highs and the SP 500 within reach of its best year since 1997. A look back at the market's impressive 2019 performance and a look ahead at how the market is setting up for 2020 with Bryan Perry, editor, Bryan Perry Investing and author of the 25% Cash Machine. Mortgage rates head into the new year near historic lows. New California labor laws are set to kick in at the start of 2020 including AB5 which extends employee classification to workers in the gig economy previously classified as independent contractors. Labor law attorney Thomas Lenz, partner, Atkinson, Andelson law firm explains what workers and employers need to know. Teamsters Union Local 952 Secretary Treasurer Patrick D. Kelly discusses AB5 and the outlook on labor issues heading into 2020. Happy New Year!Support the show: https://www.frankmottek.com

Stocks rally to record highs on the latest readings on the economy, consumer confidence and trade deal optimism despite impeachment drama in Washington. The epic 2019 rally and the outlook for 2020 discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Gene Seroka, Executive Director of the Port of Los Angeles and Stephen Cheung, President, World Trade Center Los Angeles react to the phase one US China trade deal and the USMCA trade agreement now moving toward approval in Congress. West Hollywood pawn shop icon Elliott Salter discusses the trend this holiday season of buying second hand items for gifts as he celebrates 50+ years in business. Rich Polemini, Chairman of the College Savings Foundation, says gifting money for education through 529 plans is easier than ever. Jamie Masada, owner of the Laugh Factory, celebrates 40 years of cranking out comedy and continues his holiday tradition of providing a Christmas party with lots of laughs for people without family in Hollywood. KNX traffic reporter and GI's of Comedy star Thom Tran among those who will be performing on Christmas Day.  Support the show: https://www.frankmottek.com

The U.S. and China announce a "phase one" trade deal which includes the U.S. dropping plans to impose new tariffs on $160B of Chinese imports beginning December 15th which would have likely boosted prices on consumer products including toys and smartphones. In return, among other things, the U.S. says China agreed to buy $40B a year in U.S. farm products over two years. Stocks hit record highs. Analysis from Art Hogan, Chief Market Strategist, National Securities. Reaction to the trade deal from Mario Cordero, Executive Director, Port of Long Beach. The largest cruise ship in the Carnival Cruise Line fleet is christened at its new home port in Long Beach. Carnival Corporation President/CEO Arnold Donald talks about the historic occasion and the economic impact for the area. The L.A.-area commercial real estate picture looks strong heading into 2020. Spencer Levy, CBRE, Chairman of Americas Research and Senior Economic Advisor, discusses the latest trends.Support the show: https://www.frankmottek.com

Successful entrepreneurs tell their awesome success stories on a Special Edition of Mottek On Money. Betty Porto, co-owner of Porto's Bakeries and Cafe, tells about how her Cuban immigrant family's entrepreneurial spirit created an iconic business in Southern California. Another rags to riches story from billionaire, philanthropist, serial entrepreneur John Paul DeJoria, co founder of Paul Mitchell hair products, Patron Tequila and Rokit Smartphones. Shark Tank panelist Kevin O'Leary highlights some of the most successful entrepreneurs on the show and shares how he got started on the path to business success. The Dean of the Wharton School of Business talks about entrepreneurship in his first interview since being named new Dean of the USC Marshall School of Business.Support the show: https://www.frankmottek.com

Santa shows up early on Wall Street as Santa’s helpers hit the stores. Stocks rally to record highs ahead of the Thanksgiving holiday weekend and the start of the holiday shopping season. Retailers take the spotlight along with US China trade issues. Marketwatch columnist Mark Hulbert discusses market momentum heading into December. Master Entrepreneur, developer, philanthropist, Rick Caruso, CEO, Caruso, creator of shopping destinations including The Grove LA, Americana at Brand and the new Rosewood Montecito Beach Hotel, highlights his successful properties and previews the holiday shopping season. Patrick McClenahan, President, Goodwill SoCal discusses the important role Goodwill plays in the local economy and the popularity of second hand merchandise. Ann Shatilla, Emmy award winning TV journalist and luxury expert details luxury trends this holiday season and an upcoming Beverly Hills Chamber of Commerce event for business people looking to tap the luxury market. Support the show: https://www.frankmottek.com

Uncertainty over a U.S. China trade deal and mixed results among retailers send stocks slipping from record highs. Art Hogan, Chief Market Strategist, National Securities, provides analysis. Democratic Southern California Congresswoman Maxine Waters, Chair of the House Financial Services Committee, one of the most powerful committees in congress, discusses trade, housing, infrastructure, consumer issues, Facebook and the Fed. The co-founders of Silicon Beach company TaskUs are named national EY Entrepreneur of the Year. The L.A. Auto Show gets underway with new SUV's and electric vehicles in the spotlight. Automotive journalist Richard Saxton from SaxtonOnCars.com has our annual preview and news highlights.Support the show: https://www.frankmottek.com

Stocks rally to record highs with the Dow closing above 28,000 for the first time. Markets cheered reports of progress in the latest push for a U.S. trade deal with China. Tech stocks were among the biggest winners with both Apple and Google parent company Alphabet hitting all time highs. Scott Minerd, Global Chief Investment Officer of Guggenheim Partners and Chairman of Guggenheim Investments, discusses the market rally and the economy. Fund managers gather for the State Association of County Retirement Systems conference to get insights on pension fund investing. Comedian Jay Leno supports the Comics for Kids fundraiser for the Boys and Girls Club of the West Valley and shares his thoughts about money, cars and philanthropy.  Tech entrepreneur Saneel Gupta provides some hard learned lessons about how to get people to back your business ideas.   Support the show: https://www.frankmottek.com

Stocks pop to new highs capping off a record shattering week. Better than expected earnings news and continued optimism on US China trade fueled the latest rally. Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach discusses the markets, the economy and outlook. Southern California aerospace is flying high again thanks for innovative tech ideas in the South Bay. Van Espahbodi, co founder of Starburst Accelerator reveals what's fueling the boom. Mortgage rates slip for the first time in three weeks. California realtors say home affordability in the state is improving. The Wende Museum of the Cold War in Culver City is getting attention as the 30th anniversary of the fall of the Berlin Wall is commemorated. The museum's executive director Justin Jampol talks about the unique museum which is getting attention around the world. Support the show: https://www.frankmottek.com

Stocks rally to record highs on a better than expected October jobs report showing employers added 128,000 jobs and the unemployment rate ticked slightly higher to 3.6% from 3.5%, still near a 50 year low. It was an eventful week with a series of earnings reports and the Fed cut benchmark interest rates for third time this year. CNBC Power Lunch anchor Tyler Mathisen recaps the banner week. LAEDC CEO Bill Allen talks about the most business friendly cities and other business leaders set to be honored at the prestigious Eddy Awards. Citi becomes the first bank to ever receive the Eddy Award recognition. Business and civic leaders gather for the South Bay Economic Forecast Event at Cal State Dominguez Hills focusing on a big economic engine of the Southern California Economy. Mortgage rates tick higher for the third week in a row.Support the show: https://www.frankmottek.com

Stocks touch record highs on the latest earnings news and positive signals on the phase one U.S. China trade deal. Famed Wharton Business School Economist Jeremy Siegel provides his latest view on the markets and the economy. It's a big week ahead with the Fed expected to cut short term interest rates again and the September jobs report will be coming out. New highs could be right around the corner. Extended market coverage with Art Hogan, Chief Market Strategist, National Securities. Deryck J. van Rensburg, The Dean of the Graziadio School of Business and Management at Pepperdine University discusses the entrepreneurial spirit, what's driving business students and the most fundable startup companies. L.A. County Assessor Jeffrey Prang says L.A. County property owners impacted by the massive Woolsey Fire last year and other recent wildfires should apply for a property tax reduction.Support the show: https://www.frankmottek.com

Stocks cheer the latest earnings news and the phase one deal in U.S. China trade talks. China's economic quarterly growth rate hits the lowest in 26 years. Kevin O'Leary, serial entrepreneur, investor, Shark Tank star, O Shares ETF founder, gives his assessment of the markets, the economy, US China trade and entrepreneurs. Billionaire investor Nicolas Berggruen, Founder, L.A.-based  Berggruen Institute, co-author, Renovating Democracy, talks China trade and investing. Dr. Mary Daly, President, San Francisco Federal Reserve Bank, offers her assessment of the economy and her speech to the Los Angeles World Affairs Council and Town Hall. L.A. Mayor Eric Garcetti updates listeners about the L.A. business scene, a new initiative to boost manufacturing, promoting the green economy, and how the trade dispute is impacting L.A.Support the show: https://www.frankmottek.com

Stocks rally on the outcome of the latest round of US China trade talks which produced what President Trump called "a substantial phase one deal. Under the agreement, the US will suspend a tariff hike planned for October 15th on $250B of Chinese goods. In exchange, China agreed to buy as much as $50B of US farm products. The Fed takes new steps to bolster the economy including plans to buy $60B of short-term Treasury debt each month to ease stress in overnight lending markets. Analysis of these major developments and market outlook with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz. Stephen Cheung, President, World Trade Center Los Angeles. Visionary giants on the L.A. business scene are honored by UCLA Health, Department of Neurology in Beverly Hills. Among the honorees architect Frank Gehry, Hollywood movie executive Elizabeth Gabler, private equity giants Arthur E. Levine and Lauren B. Leichtman.Support the show: https://www.frankmottek.com

A volatile start to the month of October for the stock market wrapping up with a rally on the latest jobs report showing the nation's unemployment rate dropped to 3.5%, the lowest since December 1969. Political drama continues to play out in Washington. US China trade talks are set to resume. The latest outlook on the economy and markets from Dr. Mohamed El-Erian, Chief Economic Advisor Allianz, former PIMCO CEO in Newport Beach. Mortgage rates hover near recent lows. L.A. gas prices spike dramatically while the price of oil takes a big drop. Oil analyst John Kilduff at Again Capital and CNBC contributor explains what's going on. Investors are setting up for a possible US China trade deal. Bryan Perry, Editor, Bryan Perry Investing and author of the 25% Cash Machine has some trade related investing ideas.  Support the show: https://www.frankmottek.com

Stocks slip for the second week in a row as political drama plays out in Washington. The markets reacted positively to news the US and China have agreed on dates to talk trade next month but then pulled back on reports the U.S. is considering additional pressure on China including de-listing Chinese companies on US stock exchanges. Bryan Perry, Editor, Bryan Perry Investing and author of The 25% Cash Machine discusses the market outlook and stock picks. The latest trends in college savings in the face of lower investment yields. The LAEDC's next Future Forum focuses on Healthcare Personalization and bio hacking. Among the speakers Elias Arjan, VP L.A.-based Biostrap. The view from the top on L.A. business and real estate from Lewis Horne, President, Pacific Southwest Division, real estate giant CBRE.Support the show: https://www.frankmottek.com

Stocks pull back from near record highs. Gas and oil prices edge higher after the attack on a major Saudi oil installation. Fed policy makers cut short term interest rates for the second time this year. US China trade developments are back in focus. Market analysis from Art Hogan, Chief Market Strategist, National Securities. Oil industry analyst John Kilduff, Again Capital and CNBC contributor, reacts to the big moves in the gas and oil markets. Movers and shakers in the world of finance including Margaret Shanley, partner at Cohn Reznick, gather for the big annual ACG-LA business conference in Beverly Hills. World renowned attorney and entrepreneur Robert Shapiro tells us about his latest business venture BizCounsel and updates the work of the Brent Shapiro Foundation for Drug Prevention honoring the legacy of his son.Support the show: https://www.frankmottek.com

The Dow racks up on its longest winning streak of the year propelled by an easing of trade tensions between the U.S. and China ahead of scheduled talks next month. The Fed is set to meet in the week ahead and its widely expected policy makers will cut short term interest rates again. Analysis from Gabriel Wisdom, Managing Director, American Money Management. Los Angeles attorney Lessing Gold, Chair, of the MSK law firm's China practice, speaks about the outlook for a U.S. China trade deal. Mortgage rates bounce off multi year lows. Corporate merger and acquisition activity picks up. Movers and shakers in private equity, investment banking and corporate deal making are set to gather for the annual ACG-LA Conference in Beverly Hills. Apple rolls out the new iPhone 11's. Support the show: https://www.frankmottek.com

Stocks rally on the latest readings on the economy and signals on US China trade. Views on the market and economy from market veteran Hugh Johnson, Chairman and CIO, Hugh Johnson Advisors, famed economist Dr. Arthur Laffer, former top economic advisor to President Reagan, father of Supply Side Economics and the Laffer Curve. Mortgage rates move to near record lows. Hurricane Dorian impacts the cruise line business and now cruise companies and even passengers are helping in the hurricane relief efforts in the Bahamas.  Cruise Guy Stewart Chiron has details and an update on new ships coming to L.A. and Long Beach.Support the show: https://www.frankmottek.com

Stocks post gains for the week ahead of the Labor Day Weekend snapping a month long losing streak which took the major averages off record highs. The latest signals on trade from China helped cheer the markets. Bryan Perry, Editor, Bryan Perry Investing and author of The 25% Cash Machine discusses the latest market action and outlook. In Sacramento, the bill that would likely force gig companies such as Uber and Lyft to reclassify their workers as employees rather than independent contractors moves on to the state senate. Sprint rolls out its 5G network in Los Angeles. Labor Day Weekend updates on organized labor from two prominent union leaders; Gabrielle Carteris, President, SAG-AFTRA and Patrick D. Kelly, Secretary-Treasurer, Teamsters Union Local 952, Orange County. Support the show: https://www.frankmottek.com

Rising trade tensions between the U.S. and China spook the financial markets. The Dow wraps up the week with a 623 point closing loss. China announces new trade sanctions on U.S. imports and President Trump responds by raising existing tariffs on $250 billion in Chinese goods to 30% from 25%, and new tariffs on another $300 billion of imports would be 15% instead of 10%. The president criticizes the Fed after the latest speech by Fed Chair Jerome Powell. Extended market coverage with guests including Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Ben Stein, financial commentator, author, economist, Mark Hulbert, Marketwatch Columnist, Publisher, Hulbert Digest, Peter Schiff, President, Euro Pacific Capital. Support the show: https://www.frankmottek.com

A week of wide swings for stocks including the Dow's biggest one day closing drop of the year (-800 points). Financial markets still nervous over escalating US-China trade tensions and the US government bond market flashing a possible recession signal for the first time in more than 10 years. Frank Mottek discusses the big market moves with CNBC Power Lunch Anchor Tyler Mathisen. Funding is approved for the next phase of the Metro Gold Line Foothill Extension in the San Gabriel Valley. Many residents of Beverly Hills and 28 other cities have new choices on their power bills as areas of L.A. and Ventura counties are served by a new energy provider called the Clean Power Alliance. Beverly Hills Councilman Dr. Julian Gold explains the transition and what consumers need to know.Support the show: https://www.frankmottek.com

Stocks take a roller coaster ride including the biggest one day drop of the year. U.S. China trade tensions weigh on the financial markets. President Trump says trade talks with China, set for next month, might not happen. The U.S. labels China a currency manipulator after China lowers its exchange rate versus the U.S. Dollar. Art Hogan, Chief Market Strategist, National Securities and Peter Schiff, President of Euro Pacific Capital provide market analysis. Mortgage rates slide to the lowest seen in three years. Two prominent speakers forums in Los Angeles, Town Hall LA and the LA World Affairs Council, have announced plans to merge.Support the show: https://www.frankmottek.com

An eventful week for the global economy. Stocks pull back from record highs and take the biggest weekly dip of 2019. Escalating trade tensions between the U.S. and China take the spotlight after the Fed cuts its benchmark interest rate for the first time since the financial crisis in 2008. The July jobs report shows unemployment holding steady at a near 50 year low. The big news of the week and what's ahead discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, CA. Stephen Cheung, President, World Trade Center Los Angeles talks about the outlook on U.S China trade and the potential impact of increased tariffs on consumers as well as the L.A. economy. Axel Merk, President, CIO, Merk Mutual Funds discusses gold hitting a six year high and the dollar moving higher in the face of the latest news on the global economy. Beverly Hills Mayor John Mirisch talks business as the city launches it's annual summer BOLD events promoting shopping, dining, art, culture and fun. Support the show: https://www.frankmottek.com

Stocks rally to record highs ahead of the Fed's next policy setting meeting at which the Fed is expected to lower its benchmark short term interest rate for the first time since the financial crisis. Extended market coverage with mega money manager Scott Minerd, Chairman of Investments, Global Chief Investment Officer and Portfolio Manager at Guggenheim Partners Investment Management. Mortgage rates pull back to near three year lows. L.A. home prices hit record highs. Sales pull back with affordability the big issue in Southern California. EY Los Angeles Entrepreneur of the Year Finalist, Christopher Edwards, founder, CEO of The Third Floor, discusses how digital visualization technology has impacted movie making and the movie business.Support the show: https://www.frankmottek.com

Stocks pull back slightly from record highs on the latest earnings news, signals from the Fed and rising tensions in the Persian Gulf. Dr. Mohamed El-Erian, Chief Economic Advisor at Allianz, discusses the market's summer rally and outlook on the Fed's highly anticipated next move on interest rates. Dan McAllister, San Diego County Treasurer-Tax Collector, is looking reunite hundreds of thousands of dollars of tax refunds to their rightful owners. The tech industry continues to drive growth in commercial real estate and LA ranks highs on CBRE's Tech Talent survey. Real estate values in Los Angeles County hit record highs according to LA County Assessor Jeffrey Prang. L.A. based Cuban coffee company, F. Gavina & Sons, famous for Don Francisco's Coffee, celebrates another anniversary by expanding and embracing new coffee technology for consumers.Support the show: https://www.frankmottek.com

The stock market blasts off to new heights. Fed signals that lower interest rates are ahead provided the rocket fuel to financial markets. Special commemorations continue for the 50th anniversary of the first moon landing. Analysis from Ken Winans, President, Winans Investments and founder of the Space Station Foundation. Mortgage rates hover near 2 year lows. A big mortgage company based in Orange County files for bankruptcy. Business have new tools to prepare for more earthquakes and aftershocks. Daytime television Icon Eric Braeden, Emmy Award winning film and television actor, also known as Victor Newman on the CBS soap The Young and the Restless for nearly 40 years and JJ Astor in the movie Titanic, shares his thoughts on his epic success story. He also offers advice to those looking to make it big in Hollywood.Support the show: https://www.frankmottek.com

Stocks rack up record highs ahead of the Fourth of July holiday break. Art Hogan, Chief Market Strategist, National Securities tracks the latest record run up. Stocks put in an impressive performance in the first half of 2019. CNBC's Tyler Mathisen talks about some of the highlights. Home affordability not getting better in Southern California. Robert Hart, CEO, TruAmerica Multifamily, has a bullish outlook on apartment complex investments. The business world mourns the passing of auto industry icon Lee Iaccoca. Beverly Hills business leader John Carroll and family are set to be honored at the Concern Foundation's annual Block Party at Paramount Studios. Concern Foundation President Derek Alpert discusses the biggest fundraising event for cancer research in Los Angeles set for July 13th, 2019.  Support the show: https://www.frankmottek.com

Best of Southern California's entrepreneurs are celebrated at the EY Entrepreneur of the Year Awards for Greater Los Angeles. Tech, media, and health care are among the hot areas for entrepreneurs. Among the finalists, Daniel Rotman, Founder and CEO of LA based Pretty Litter and Paul Yanover, President, Fandango. Jamie Masada, founder of the Laugh Factory comedy clubs shares his great American entrepreneurial success story. Again this year, the Laugh Factory in Hollywood will host the Bob Hope USO Radiothon on July 2nd with KNX traffic reporter, combat veteran, comedian Thom Tran. Support the show: https://www.frankmottek.com

Stocks rack up the best June gains since 1938 with both the Dow and SP500 touching record highs. Oil surges to a weekly gain of 9.2% as the US and Iran face off in the Persian Gulf. The Fed holds the line on short term interest rates but signals a willingness to lower rates in the face of a slowing global economy. LA Biz Fed releases its latest survey on the biggest concerns for L.A. businesses. The first LA Sports Summit is set to begin with an assessment of the economic impact of sports on L.A. A major gift from the family of a TV studio pioneer John H. Mitchell is aimed at educating future leaders in the entertainment industry. The LA Lawyers Philharmonic celebrates 10 years of the L.A. legal profession making beautiful music together and plans on special performances including one with the "Violins of Hope."Support the show: https://www.frankmottek.com

Successful entrepreneurs tell their awesome success stories on a special edition of Mottek On Money. Betty Porto, co-owner of Porto's Bakeries and Cafe, tells about how her Cuban immigrant family's entrepreneurial spirit created an iconic business in Southern California. Another rags to riches story from billionaire, philanthropist, serial entrepreneur John Paul DeJoria, co founder of Paul Mitchell hair products, Patron Tequila and Rokit Smartphones. Shark Tank panelist Kevin O'Leary highlights some of the most successful entrepreneurs on the show and shares how he got started on the path to business success. The Dean of the Wharton School of Business talks about entrepreneurship in his first interview since being named new Dean of the USC Marshall School of Business.Support the show: https://www.frankmottek.com

Coming off the first losing month of 2019, stocks post the best week of the year so far to kick off the month of June. A disappointing May jobs report has fueled hopes the Fed will cut interest rates. Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, discusses the latest news, outlook on rates and economy. The China California Business Forum brings together top government and business leaders in downtown Los Angeles. Among them: Hon. Zhang Ping, China's Consul General in Los Angeles, California Lt. Governor Eleni Kounalakis and Milken Institute Economist Kevin Klowden. Billionaire philanthropist and serial entrepreneur John Paul DeJoria (Paul Mitchell hair products, Patron Tequila) has a new venture: 3-D ROKiT smartphones.Support the show: https://www.frankmottek.com

May becomes the first losing month of 2019 for stocks on escalating trade tensions between and the US and China and a surprise move by President Trump threatening to impose tariffs on all Mexican imports. Marketwatch columnist Mark Hulbert says exuberance about the record shattering market could also be to blame for the recent sell off. New readings on Southern California home sales and home prices from Corelogic Chief Economist Frank Nothaft. Property tax delinquencies rise in San Diego County. L.A. County voters go to the polls on Tuesday, June 4th to decide Measure EE, a proposed 12 year parcel tax to raise money for the L.A. Unified School District. LA Mayor Eric Garcetti is pushing for it. L.A. business groups including L.A. BizFed, led by founding CEO Tracy Hernandez, are against it.Support the show: https://www.frankmottek.com

Another volatile week in the financial markets on escalating trade tensions between the U.S. and China. The Dow extends its weekly losing streak to 5, the longest in 8 years. A rally on Friday ahead of the three day Memorial Day Holiday weekend eases some of the week's losses. Analysis from Art Hogan, Chief Market Strategist, National Securities. Student loan debt hits another record high. Washington considers new ideas to ease student debt and promote savings. A new wealth survey finds how much money Angelino's need to have to be considered "wealthy." Retired four-star U.S. Army General Wesley Clark, former NATO Allied Supreme Commander, CEO, Wesley Clark and Associates, and Senior Fellow, UCLA Burkle Center; discusses the impact of US China tensions, sabre rattling in the Middle East and his thoughts on Memorial Day weekend 2019.Support the show: https://www.frankmottek.com

The U.S. and China exchange trade tariff salvos. Financial markets react The Dow starts a volatile week with a 617 point closing loss. Dr. Mohamed El-Erian, global finance influencer, Allianz Chief Economic Advisor, provides his latest assessment on trade, the markets and the economy. Stephen Cheung, President of World Trade Center Los Angeles, reacts to the latest trade drama and previews the upcoming Select LA Investment Summit. Commercial and industrial real estate remain hot in the inland empire largely due to the rise of e-commerce. New innovations in biotech to be discussed at the upcoming BIO international 2019 convention.Support the show: https://www.frankmottek.com

Uber stock skids on Wall Street on its first day of trading and closes below it's IPO price. Stocks stage a rally after the latest US China trade talks were described as "constructive" by the US Treasury Secretary Mnuchin. The U.S. imposes higher tariffs on $200B of Chinese imports. The SP500 recorded its biggest weekly drop of 2019. Experts in the pension world gather to assess markets and investment returns. A major retailer backs Big Brothers Big Sisters of Greater Los Angeles.  Dr Santosh Kesari receives the highest honors from the John Wayne Cancer Institute Auxiliary for giving new hope to cancer patients with his innovative treatments including Rick Muchow, singer and longtime worship leader at Saddleback Church in Orange County. Support the show: https://www.frankmottek.com

The tech heavy Nasdaq rallies to record highs on the better than expected April jobs report showing the nation's unemployment rate stands at a near 50 year low. The Milken Institute Global Conference 2019 attracts thousands of leaders in business, government and philanthropy to Beverly Hills.  Kevin O'Leary, Shark Tank star, entrepreneur, O'Shares ETF founder "Mr. Wonderful" has an upbeat assessment of the markets and the economy. Charlie Gasparino, Fox Business Networks, reports on Tesla's quest to recharge its cash. Dan Beckerman, President/CEO, AEG, discusses the globalization of sports and LA's preps for the 2028 Olympic Games. Billionaire "Eyebrow Queen" Anastasia is honored by ACG-LA and shares her amazing success story. Disney Music Group's Mike Daley receives the Excellence in Mentoring Award from Big Brothers Big Sisters of Greater Los Angeles. Support the show: https://www.frankmottek.com

Stocks rally to record highs on the latest report showing the economy picked up steam in the first quarter of 2019. Market analysis with Art Hogan, Chief Market Strategist, National Holdings. Movers and shakers from around the world gather in Beverly Hills for the Milken Institute Global Conference. Kevin Klowden the executive director of the institute's Center for Regional Economics previews the mega event. L.A.'s economy is experiencing a loud boom. L.A. Mayor Eric Garcetti discusses economic issues, affordable housing solutions and previews an event to boost small business.Support the show: https://www.frankmottek.com

Stocks edge mostly higher in a holiday shortened week. All of the major averages hover near record highs. Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, widely followed influencer, discusses the impressive 2019 rally and cautions investors about market "melt up" talk. New calls for regulating social media companies including Facebook. Rabbi Abraham Cooper, Associate Dean of the Simon Wiesenthal Center, releases the center's 25th annual digital hate and terrorism report. Labor law attorney Thomas Lenz discusses how labor law impacts the gig economy. Al Osborne, the interim Dean of the UCLA Anderson School of Management talks about the latest trends in business and entrepreneurship.Support the show: https://www.frankmottek.com

Stocks edge to near record highs on better than expected bank earnings and readings out of China. Disney hits an all time high after announcing a new video streaming service to take on Netflix and Amazon. Analysis from Ken Winans, Winans Investments. The Long Beach economy shifts into high gear as the IndyCar Grand Prix of Long Beach gets underway. L.A. business leaders including former LAEDC Chairman Chris Martin, CEO, AC Martin, pay tribute to long time Korean Air Chairman Cho Yang-ho who led the effort to create the tallest building on the west coast in Downtown L.A. A "Frank" discussion on green shoots in real estate. The spring home buying season kicks into high gear with unemployment at a near 50 year lows and mortgage rates pulling back with Dr. Frank Nothaft, Chief Economist, Corelogic.Support the show: https://www.frankmottek.com

Stocks kick off the 2nd quarter of the year with gains. The March jobs report eases recession worries and keeps the 2019 market rally going. Los Angeles tops the list again for international real estate investors. Lew Horne, Pacific Southwest CBRE President, discusses latest real estate trends. Bitcoin price roars back after a year long slide. The 6th annual Biohacking Conference gets underway in Beverly Hills. Martin Tobias, CEO, Upgrade Labs explains how high tech, health and fitness are coming together. The California Senate moves forward on Cannabis banking legislation. Senate Majority Leader, Bob Hertzberg (D), San Fernando Valley, updates the Cannabis industry.Support the show: https://www.frankmottek.com

Stocks post best first quarter to any new year since 1998. Famed Wharton finance professor Jeremy Siegel discusses the market rebound from a dismal end to 2018 and what he sees ahead. John Husing, Chief Economist, Inland Empire Economic Partnership, releases his latest forecast for Riverside and San Bernardino Counties. Labor and civil rights leader Dolores Huerta pays tribute to fellow co-founder of the United Farm Workers Union, Cesar Chavez on the state and national commemorative holiday honoring him. Currency expert Axel Merk, President, Merk Investments, discusses the possible market impact of a hard Brexit.   Support the show: https://www.frankmottek.com

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

Stocks rebound from the worst week of 2019 despite a drop of 10% in shares of Dow component Boeing. China takes new steps to pump up its economy. Progress reported in U.S. China trade talks. Analysis from National Holdings Chief Market Strategist Art Hogan. World Trade Center Los Angeles President Stephen Cheung previews the Select LA trade event and updates the outlook on L.A. China trade. Dan McAllister, San Diego County Treasurer-Tax Collector, tells us about San Diego County's annual property auction. Experts analyze what could be wrong with the Boeing 737 Max jetliners after two recent crashes and the grounding of the fleet.Support the show: https://www.frankmottek.com

Stocks make it five losing days in a row on the February jobs report, showing weaker than expected hiring, capping the worst week for the market so far in 2019. Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, offers market analysis, thoughts on the 10th anniversary of the bottom of the 2009 bear market and where stocks and the economy go from here. The Los Angeles Business Federation, LA Biz Fed, leads a delegation of LA business leaders to Sacramento. Dr. Frank Nothaft, Chief Economist, Corelogic, gives us the latest readings on LA real estate prices, sales and outlook. Plus more insights on mortgage rates and what's hot and what's not in the area's real estate market.Support the show: https://www.frankmottek.com

Reports that a U.S. China trade deal could be signed within a month fuels another stock market rally. Stocks march higher to kick off the new month. Tesla slips into reverse on news the company is closing showrooms and plans to sell cars online. A prominent art gallery in Beverly Hills sees new enthusiasm for investing in work by Picasso. New ideas on saving for a lifetime income. Mortgage rates hold near one year lows. Consumer advocates call for changes in California recycling laws noting consumers are losing out on hundreds of millions of dollars in bottle and can deposit money. Support the show: https://www.frankmottek.com

The Dow racks up longest weekly winning streak since 1995. Optimism over ongoing US China trade talks and new signals from the Fed about showing "patience" when it comes to interest rate moves fueled the latest rally. Josh Welsh, President, Film Independent, talks about Hollywood's biggest weekend including the Independent Spirit Awards. A Korean-American entrepreneur in L.A. taps in to Asian focused beauty products.  The LAEDC releases its 2019 economic forecast. Questions raised about a couple of high profile construction projects in Downtown L.A. Celebrity Chef Wolfgang Puck talks about the awesome job of preparing the star studded Governor's Ball dinner after the Oscars. He also shares plans to put up a Frank Gehry designed restaurant in Malibu current site of Gladstones.Support the show: https://www.frankmottek.com

Renewed optimism over trade talks between the U.S. and China sends stocks higher. The market rally of 2019 also gets a boost on the spending deal in Washington heading off another federal government shutdown. Economists are skeptical about the latest retail sales report for December showing the worst sales since 2009. LA business leaders set to gather for the LAEDC economic forecast event. There's new interest in Modernism style. Mortgage rates hit the lowest in more than a year. What you need to know before you put your taxes together for 2018. Gregg Wind, CPA, former President California Society of CPA's, LA Chapter, gives us a preview.Support the show: https://www.frankmottek.com

Renewed concerns about U.S. China trade weigh on financial markets. A late turn around sends major averages slightly higher for the week. The 2019 rally continues. Southern California home prices level off and sales drop as affordability continues to be the #1 issue for home buyers. Dr. Frank Nothaft, Chief Economist, Corelogic talks real estate. The Latino Coalition set to unveil new tools for small business. Los Angeles Mayor Eric Garcetti talks about the return of the Grammy's to L.A. and the business outlook for 2019 ahead of the LAEDC's economic forecast event.  A top Cedars Sinai heart doctor says money troubles can lead to heart troubles - a subject addressed at the annual Dr. Sheila Kar Health Foundation Valentines event in Beverly Hills. Support the show: https://www.frankmottek.com

Stocks rack up best January gains since 1987 after worst December since 1931. The Fed fuels latest rally after it's first policy setting meeting of 2019. Mohamed El-Erian, Chief Economic Advisor, Allianz, now predicts no Fed rate hikes this year. The ongoing crisis in Venezuela fuels nervousness in the energy markets. MarketWatch columnist Mark Hulbert discusses the January indicator and Wall Street Super Bowl indicator. Chairman of City National Bank Russell Goldsmith discusses recent Economic and Investment Forum.Support the show: https://www.frankmottek.com

Stocks surge during the just ended 35 day federal government shutdown. Markets have rallied so far in 2019 on the latest earnings news, signals from the Fed and movement on US China trade talks. Economist Dr. Arthur Laffer sees good economic and market times ahead after receiving the inaugural Paul Kangas Innovation Award. Mortgage rates hover near nine month lows. Nervous time in gas and oil markets as a political crisis unfolds in Venezuela. A silicon beach startup makes it possible to get wellness treatments including IV therapy via consumer smartphones. Support the show: https://www.frankmottek.com

So now it's the best start to a new year since 1987 after the worst year for the market since 2008. The latest reports on possible dramatic breakthroughs on US China trade fueled the latest rally. A year after the recreational use of cannabis was legalized in California a giant in the industry discusses the business and unresolved issues. California home sales slide in 2018 to post the first annual drop in four years as affordability continues to be the big issue. L.A. based SRAX has come with a new app called BIGToken allowing consumers to claim and monetize their own data sold to marketers.Support the show: https://www.frankmottek.com

2019 has the best new year's start for the stock market in 13 years. The rally continues on easing concerns about the Fed's interest rate path and US China trade. Google announces big plans to move into West L.A.'s Westside Pavilion when the mall is converted to creative office space. The LAEDC releases an earthquake preparedness guide for businesses for the 25th anniversary of the Northridge earthquake. Virtual assistants steal the show at the Consumer Electronics Show this year. An Orange County company has come up with an innovative plan to give consumers incentives to help to get more cars with recalled Takata airbags off the road.Support the show: https://www.frankmottek.com

Happy New Year! Triple digit moves every day so far in 2019 including the Dow's 747 point closing gain in reaction to a blowout December jobs report and plans for the US and China to resume trade talks. Retailers are coming off the best holiday shopping season in years with big gains in online sales. Mortgage rates start the year with a pullback. Southern California business leaders say housing affordability, market volatility and unresolved trade issues are impacting the business climate heading into the new year. Businesses and consumers face new uncertainties in healthcare in 2019. Support the show: https://www.frankmottek.com

Market volatility is back in a big way as 2018 draws to a close with stocks posting their first annual losses since 2008. Stocks take a wild ride racking up the biggest Christmas Eve loss in market history followed by the Dow's biggest one day point gain in market history. Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, discusses the latest market action and outlook for 2019. Oil markets also turn volatile with the price of crude down nearly 20% in 2018. Mortgage rates pull back after hitting 8 year highs in 2018. The Badge of Honor Memorial Foundation comes to the aid families of police officers killed in the line of duty.  Support the show: https://www.frankmottek.com

Yes, Virginia. There is a Grinch on Wall Street. Investors are left with a lump of coal just before Christmas as stocks wrap up the worst week in more than seven years with major indexes plunging 7 percent. The Dow posts its worst December since 1931. Tech stocks wipe out this year's gains with the NASDAQ moving into bear market territory. The Fed raises short term interest rates. Factory orders are up for laughs at the Laugh Factory as a holiday tradition continues in Hollywood. Guests include Peter Schiff, EuroPacific Capital, Kevin Klowden, Milken Institute, Jeff Stibel, BryantStibel, Danielle Shay, Simpler Trading, and Jamie Masada, founder, Laugh Factory.  Support the show: https://www.frankmottek.com

The Grinch shows up on Wall Street with stocks posting the worst start to any December since 1980. The week ended with the Dow plunging nearly 500 points. Apple and Johnson and Johnson got hammered. The spotlight now turns to the Fed's next move. Santa's helpers are busy at Goodwill Stores and Donation Centers this holiday season. Bitcoin and other cryptos hit new lows for the year. A key figure in the subprime mortgage meltdown gets a standing ovation at a mortgage brokers conference. Corporate social responsibility gets new attention in the age of the #MeToo movement. Support the show: https://www.frankmottek.com

Volatility spikes as stocks take the steepest weekly dive in eight months on uncertainty over US China trade relations and interest rates. Oil spikes on OPEC deal to cut production. The nation's unemployment rate holds steady at a near 50 year low of 3.7%. Extended market coverage with Mohamed El-Erian, Chief Economic Advisor, Allianz and Art Hogan, Chief Market Strategist, B Riley FBR. The Honorable Willie L. Brown, Jr. California Assembly Speaker Emeritus and former Mayor of San Francisco gives his view on what's ahead for California's economy and business in 2019. Big construction projects expected to get new attention in the new year.Support the show: https://www.frankmottek.com

Stocks wrap up the best week in about seven years including a one day pop of 618 points on comments from Fed Chair Jerome Powell about the outlook for interest rate hikes. U.S. China trade also in focus. Analysis from Fox Business anchor Maria Bartiromo. Automakers go big at the LA Auto Show with big new SUV's. New housing headwinds. A federal lawsuit and calls for boycotts of Airbnb after the company delisted rentals in Israeli West Bank settlements. Tariffs and a tight job market impact the biggest ongoing transit construction project in the San Gabriel Valley. Support the show: https://www.frankmottek.com

The holiday shopping season begins in Southern California. Rick Caruso, Master entrepreneur, philanthropist, CEO of Caruso, developer of shopping destinations including The Grove L.A. and the new Palisades Village provides his outlook for the holiday season. Adding to the holiday cheer, gas and oil prices hit new lows for the year. Kurt the Cyberguy previews Cyber Monday 2018 expected to be the biggest online shopping day in history with Apple in the spotlight. Stocks rack up worst Thanksgiving week losses in 7 years with the SP500 ending the week in correction territory. Support the show: https://www.frankmottek.com

Market volatility continues. Bankruptcy concerns impact California utility PG&E after deadliest wildfire in the state's history. My Frank N Stein discussion on markets and economy with financial commentator Ben Stein who survived the fires in Malibu. West Hollywood set to go big for small business this holiday season. Bevelry Hills goes BOLD for the holidays honoring first responders and working to help neighboring fire storm victims. The LAEDC honors business friendly cities and sees many positives after leading LA's bid for Amazon's HQ2.  Support the show: https://www.frankmottek.com

Stocks rally on the mid-term election results. The Fed holds the line on short term interest rates for now. Analysis from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz and Tyler Mathisen, co anchor CNBC Power Lunch. Beverly Hills goes BOLD to kick off the holiday shopping season. It's a big week for the business of show business and movie lovers as AFI Fest 2018 gets underway in Hollywood. Support the show: https://www.frankmottek.com

Stocks stage a three day rally on reports the US and China are working on a trade deal bouncing back from the worst October since the financial crisis. The October jobs report comes in better than expected on hiring and wage gains. Unemployment holds steady at near 50 year low. Tech giant Kai-Fu Lee talks about AI Superpowers. Oil markets react to the US reimposing sanctions on Iran. The LA Blockchain Lab draws business interest. Leaders in promoting financial literacy honored in LA at the Calfiornia Council on Economic Education gala.   Support the show: https://www.frankmottek.com

Stocks rack up the worst October since the 2008 financial crisis on latest earnings news, trade worries, and interest rate concerns. The Dow and SP500 erase this year's gains. Chris Silbermann, Managing Director of ICM Partners is honored by Big Brothers Big Sister of Greater Los Angeles. The heated debate continues on Prop 10, California's rent control measure, on the November 6th ballot. Affordable housing a big issue at the annual South Bay Economic Forecast event at Cal State Dominguez Hills.Support the show: https://www.frankmottek.com

Another volatile week for stocks ends with a mixed finish. Socially responsible impact investing popular with millennials. John Cox, the Republican candidate for California governor, talks business and consumer issues. A closer look at Prop 6, the measure on the November 6th ballot to repeal the state gas tax enacted last year for road and bridge repair. Canada legalizes the recreational use of cannabis and California will be watching how it handles the banking of the cannabis business. Support the show: https://www.frankmottek.com

Stocks rack up the biggest weekly losses in 7 months as interest rates rise. The Dow takes its third biggest one day tumble in market history. Extended market coverage with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, Peter Schiff, President, EuroPacific Capital, Hugh Johnson, Chairman, Hugh Johnson Advisors. L.A. lawyers gather in Hollywood to meet defense attorney David Rudolf, from the Netflix documentary The Staircase. Business and civic leaders support TreePeople's efforts to make L.A. more sustainableSupport the show: https://www.frankmottek.com

The Dow hits a record high on the new USMCA trade deal involving the US, Canada and Mexico. Stocks retreat as benchmark bond yields spike. The US unemployment rate dips to a near 50 year low. Governor Brown signs a law requiring publically held companies in California to have at least one woman on corporate boards. A presidential historian says her new book Leadership in Turbulent Times applies to business. An ecommerce pioneer in downtown LA revolutionizes the truck parts business for consumers. Support the show: https://www.frankmottek.com

Stocks wrap up Q3 2018 with the best quarterly gain in nearly five years. The Fed bumps up short term interest rates. Mortgage rates touch 7 year highs. Tesla tumbles after the SEC sues to oust company chairman and CEO Elon Musk. Home values rise in L.A. The world gets set to celebrate the 50th anniversary of the first moon landing. A jump in merger deals celebrated at the ACG-LA conference. A leader in entrepreneurial studies at USC has an impressive record of success.Support the show: https://www.frankmottek.com

Record shattering week for stocks with the Dow closing at a new high for the first time since January. The U.S. and China expand trade tariffs raising new concerns about higher prices on many consumer goods. Markets and trade discussed with Art Hogan, Chief Market Strategist, B Riley FBR and Anthony Scaramucci, Founder, SkyBridge Capital. New choices for parents saving for their kid's education. Goodwill Southern California plays an important role in the economy and gears up in a big way for Halloween.Support the show: https://www.frankmottek.com

Stocks touch record highs ahead of the 10th anniversary of the collapse of Lehman Brothers during the 2008 financial crisis, the largest bankruptcy in US history. Guests include Dr Mohamed El-Erian, Chief Economic Advisor at Allianz, Phil Angelides, Chair of the Financial Crisis Inquiry Commission discuss lessons learned during the crisis. Big changes seen in the mortgage business. The economy is celebrated in the San Gabriel Valley. Support the show: https://www.frankmottek.com

The August jobs report finds hiring picked up, wages racked up best annual gains in 8 years, unemployment rate near 18 year low. Stocks end holiday shortened week lower. Tesla tumbles after top accountant resigns and CEO Elon Musk appears to smoke pot during an interview. Leslie Appleton Young, chief economist at the California Association of Realtors gives us the outlook on sales and prices. Prominent L.A. attorney Robert Shapiro leads a national drug prevention effort through the Brent Shapiro Foundation honoring the memory of his son.Support the show: https://www.frankmottek.com

Stocks wrap up record shattering week with a mixed finish ahead of the Labor Day holiday weekend. The US and Mexico reach a trade deal to replace NAFTA. US negotiations with Canada set to resume after Labor Day. Markets and trade discussed with Wharton Finance Professor Jeremy Siegel and Peter Navarro, Director of the White House National Trade Council. The 3rd annual LA Fleet Week is underway. SAG AFTRA President Gabrielle Carteris, Patrick Kelly, Teamsters Union Local 952, and Rusty Hicks, President, LA Federation of Labor discuss the labor movement on Labor Day Weekend 2018. Support the show: https://www.frankmottek.com

Stocks pop to record highs after Fed Chair Jerome Powell reassures markets the Fed will gradually raise interest rates as the economy grows. The current bull market marks a milestone as the longest in Wall Street history. CNBC's Melissa Lee discusses her new documentary Bitcoin: Boom or Bust. The list of cryptocurrencies gets longer. The retail landscape changes with more Sears and Kmarts going away. All OSH stores are closing. The President/CEO of LA's AltaMed Health Services shares his company's entrepreneural success story.Support the show: https://www.frankmottek.com

Stocks rally on a report the US and China are about to resume trade talks. The Dow rebounds to the highest seen since February. The US and Turkey continue to lock horns. Allianz Chief Economic Advisor Dr. Mohamed El-Erian gives us his analysis and outlook. The IRS recommends a paycheck check up now that the new tax law has kicked in. California home sales slide as prices touch record highs. Pioneer auto designer Henrik Fisker talks about the future of mobility and his latest ventures.Support the show: https://www.frankmottek.com

Turkey rattles investors nerves after the Turkish currency plunges against the US dollar. Trade tensions heat up as the US announces a doubling of tariffs on Turkish steel and aluminum imports. The LAEDC cheers Amazon and LA community colleges teaming up for a cloud computing certificate program. The first Milken Institute Calfiornia Policy Summit focuses on big issues including affordable housing. California State Treasurer John Chiang encourages the issuance of Green Bonds to fund major infrastructure projects.  Support the show: https://www.frankmottek.com

Stocks rally on the July jobs report. The Fed holds the line on short term interest rates but signals more rate hikes ahead. Apple stock hits record highs making it the first publicly traded company to reach $1 trillion dollars in market value. Beverly Hills goes BOLD for business and tourism. Housing headwinds continue with sales slipping as home prices and mortgage rates rise. Disneyland reaches a deal with its largest labor unions to raise the minimum wage of employees.Support the show: https://www.frankmottek.com

Economic growth powers up to 4.1% in the second quarter of 2018. Tech stocks including Facebook, Intel and Twitter get slammed on their latest earnings reports. Dr. Mohamed El-Erian, Chief Economic Advisor at Allianz gives his analysis ahead of next Fed meeting. LA's iconic Pink's Hot Dogs expands. LA home sales tank on higher prices and low inventory. Homes are getting smarter thanks to new technology. LA tops the list in the latest CBRE report on Tech Talent.Support the show: https://www.frankmottek.com

Trade tensions take the steam out of the latest stock market rally. President Trump says he's willing to impose tariffs on every product imported to the U.S. from China. The EU threatens to retaliate if the U.S. imposes tariffs on cars. Former US Ambassador John Emerson and the President's former communications director Anthony Scaramucci among guests discussing the latest trade news. The president of Germany opens the Thomas Mann house for transatlantic studies in Pacific Palisades. Foreclosures tick higher in L.A.  Support the show: https://www.frankmottek.com

Tech stocks rally to record highs and the Dow reclaims 25K. Investors focus on the economy and earnings, shrugging off rising trade tensions. While Wall Street cheers, on Main Street, L.A. business leaders are concerned about the U.S. and China locking horns on tariffs. A landmark L.A. restaurant is set to close. Boys and Girls Clubs of America gets L.A. business support. Business and civic leaders gather to mourn the loss of former Urban League Los Angeles President John Mack.Support the show: https://www.frankmottek.com

Stocks rally on a strong June jobs report despite increasing trade tensions between the U.S. and China. Oil touches a four year high while precious metals hit 2018 lows. Frank n Stein.. Anyone, anyone? Economist (and Ferris Bueller's Day Off actor) Ben Stein among the guests reacting to the latest trade tariffs. The Concern Foundation Block Party, the largest Cancer Research fundraiser in Los Angeles, is set for July 14th. Support the show: https://www.frankmottek.com

Trade tensions weigh on financial markets with Europe, China and Canada in focus. Stocks post gains for the 2nd quarter, but the Dow is slightly lower since the start of 2018. Tech stocks touch record highs, then pull back. Guests include Mohamed El-Erian at Allianz  and Jon Fortt at CNBC. EY Entrepreneuer of the Year award L.A. honorees include a family owned real estate investment firm and a sweet success story.Support the show: https://www.frankmottek.com

Trade war concerns heat up with Europe now in focus. The Dow snaps an 8 session losing streak but racks up its worst weekly loss in 3 months. The price of oil spikes again. The best in business journalism are honored at the Gerald Loeb Awards. SBA Administrator Linda McMahon comes to Los Angeles. Growing pains continue for California's cannabis industry. The property tax default deadline is approaching. Business and civic leaders mourn the loss of former LA Urban League President John Mack.Support the show: https://www.frankmottek.com

Trade war worries flare again as the U.S. and China lock horns over U.S. tariffs. Stocks slip from recent highs. Rising rents translate to rising homeless in Los Angeles. The People Concern is among the groups reaching out to the homeless. Mortgage rates tick up to the second highest seen so far in 2018. The founders of Silicon Beach companies Headspace and FIGS are among the winners of the EY Entrepreneur of the Year Awards for Greater Los Angeles.Support the show: https://www.frankmottek.com

Tech stocks lead the latest rally but investors are cautious on more trade war talk and President Trump's planned summit with North Korean leader Kim Jong Un. NASDAQ hits a record high. Dow stands at a three month high. Apple unveils no new hardware at its World Wide Developers Conference. IBM rolls out the newest version of the world's most power supercomputer. The Latino Coalition organizes a Small Business conference in Orange County. Support the show: https://www.frankmottek.com

The national unemployment hits an 18 year low of 3.8%. Stocks end the holiday shortened week with a rally. The latest LA BizFed survey finds affordable housing moving up on the list of business leaders concerns. Amazing advances continue in the world of biotech. Big names in entertainment and tech gather at the ATT Shape conference at Warner Brothers in Burbank. The legal profession in Los Angeles is hitting high notes thanks to the LA Lawyers Philharmonic. Support the show: https://www.frankmottek.com

Oil comes off a 3 and a half year high but the higher price is reflected at gas pumps over the Memorial Day Holiday weekend. Financial markets are focused on oil, bonds and North Korea. Northwegian Bliss becomes the largest cruise ship to ever dock at the Port of L.A.  SpaceX will soon be setting up shop at the Port of L.A. Select LA investment summit brings record interest in foreign investment in Los Angeles. Mortagage rates hit seven year highs. Support the show: https://www.frankmottek.com

Borrowing costs on the rise as benchmark bond yields to spike to highest since 2011. Uncertainties over US China trade negotiations, North Korea, and Middle East tensions weigh on the stock market. Billionaire, philanthropist, Carlyle Group co founder David Rubenstein gives us his view on geopolitics, private equity, markets, and economy. Automakers gear up for an electric future. Spencer Stone, an American hero on the 15:17 to Paris train urges business people to "Be the spark that ignties change."Support the show: https://www.frankmottek.com

Middle east tensions send gas and oil prices to the highest seen in nearly four years. The stock market racks up its longest winning streak of the year. The great Bitcoin debate continues between the cryptocurrency's fans and critics. Financial technology is helping China enter a new economic era. The LA chapter of the National Association of Women Business Owners, NAWBO-LA, is honoring business leaders in L.A. Foreign investment in L.A. is the focus at the biggest trade event of the year at Select LA 2018.Support the show: https://www.frankmottek.com

Apple hits record highs. America's unemployment rate drops to 3.9%, lowest in nearly 18 years. Biggest names in business gather at the Milken Institute Global Conference in Beverly Hills: Guggenheim Partners Investments Chief Scott Minerd, City National Bank Chairman/CEO Russell Goldsmith and AECOM Chairman/CEO, Michael Burke. Rabbi Marvin Hier, Founder and Dean of LA's Simon Wiesenthal Center discusses plans for a new Museum of Tolerance in Jerusalem. Trade in focus at annual California China Business Summit.Support the show: https://www.frankmottek.com

Another volatile week for stocks on the latest earnings reports and a spike in benchmark interest rates. Thousands of movers and shakers are set to attend the Milken Institute Global Conference with the markets and the economy in focus. Thousands are expected at the Crypto Invest Summit at the LA Convention Center. A prominent architect shares some secrets on renovations to boost your property value. Mortgage rates hit 4 year highs. Big changes ahead for Detroit auto makers.Support the show: https://www.frankmottek.com

Inflation and interest rate jitters get the stock market's attention as the price of oil hits the highest in 3 years and mortgage rates hit 2018 highs. Master entrepreneur, developer, philanthropist Rick Caruso shares his insights on the latest retail trends and updates us on his latest projects. Los Angeles takes action to legalize street vending. Netflix's star is rising in Hollywood and Wall Street.  Support the show: https://www.frankmottek.com

Oil spikes to a three high on saber rattling in the middle east. Stocks post a winning week as trade war concerns ease. The estate auction of Hollywood Icon Zsa Zsa Gabor draws worldwide interest. Big Brothers Big Sisters of Greater Los Angeles continues to inspire entrepreneurs. California's film tax credit program brings production back to Hollywood. The LA business leader who was called to steer GM out of bankruptcy ten years ago talks about his summer at GM Support the show: https://www.frankmottek.com

Stocks go on a roller coaster ride as trade war fears intensify between the U.S. and China. The Dow wraps up a volatile week with a nearly 600 point closing loss. Markets, consumers and markets are nervous about trade uncertainty. President Trump takes on Amazon in a series of tweets. The president's former communications director, Anthony Scaramucci, is back in the business world discussing the markets, trade and deregulation. Support the show: https://www.frankmottek.com

Stocks take a wild ride and post the first losing quarter in 3 years after a roaring start to 2018. President Trump takes on Amazon. The entrepreneurial spirit is alive in silicon beach with many tech company IPO's expected this year.  The 10th anniversary of the meltdown of Wall Street giant Bear Stearns is marked with a warning.Support the show: https://www.frankmottek.com

Escalating trade war fears spook investors. Stocks take biggest weekly drop in 2 years. Facebook users scramble to reset their privacy settings. The state treasurer unveils a new online resource for California businesses. The chief designer has a preview of the new San Pedro Public Market. Actor Eric Braeden marks the 45th anniversary of the Young and the Restless at CBS TV City.   Support the show: https://www.frankmottek.com

SAG AFTRA's President Gabrielle Carteris releases the union's new code of conduct on sexual harassment following the Weinstein scandal. Investors await an expected rate hike from the Fed. The new tax law has businesses rethinking their corporate structure. The latest economic forecast is released for the San Gabriel Valley.  L.A.-based ChowNow is connecting restaurants and consumers online. Support the show: https://www.frankmottek.com

Employers picked up hiring more than expected last month and the nation's unemployment rate held steady at a 17 year low. The number of people either working or looking for work surged to a 15 year high. Markets cheered the latest jobs report which overshadowed trade war worries. Stocks rallied sending the NASDAQ to a record high. LA moves to the top of the list for real estate investors. Support the show: https://www.frankmottek.com

President Trump's trade war talk rattles financial markets already nervous about interest rates. The Dow slides 4 days in a row for a loss of 3%. Civic leaders in Beverly Hills try to save the iconic Nate n Al's Deli. This year's Oscar weekend sees a British invasion of Hollywood. The world of finance addresses the #MeToo movement.Support the show: https://www.frankmottek.com

The L.A. job picture brightens in the latest LAEDC Economic Forecast and Industry Outlook. Despite an upbeat economic outlook, LA's middle class continues to shrink. Stocks rebound for the second week in a row. L.A. is benefiting from record tourism and foreign investment changing the L.A. skyline. Support the show: https://www.frankmottek.com

Investors breathe a big sign of relief as stocks rebound with the best weekly gain in 5 years. LA becomes the hottest US city for real estate investment. Laker great Kobe Bryant and business partner Jeff Stibel are recognized as visionaries in tech and innovation. Employers and employees are more focused on the issue of sexual harassment. Viral media makes crisis PR more challenging. Support the show: https://www.frankmottek.com

Drama suddenly returns to the stock market after more than a year of smooth sailing to record highs. Volatility spikes and the Dow pulls back 10 percent from last month's high. Analysts discuss the market pullback and outlook. Pension fund managers take a cautious approach. What's become an iconic LA landmark at LACMA celebrates its 10th anniversary.Support the show: https://www.frankmottek.com

Good news on main street jolts Wall Street as a better than expected jobs report and wage growth spark inflation worries. Stocks slide from record highs. Extended market coverage with Maria Bartiromo. Mortgage rates spike. Businesses in the Santa Barbara area recover after recent fires and mudslides. Pasadena set to play host to a big annual book fair.Support the show: https://www.frankmottek.com

Investors focus on FOMO - Fear of Missing Out.  Panic buying sends stocks to record highs.  New report on commercial real estate finds Culver City on the rise. Big issues remain in the first month of legal recreational marijuana sales in California. European and U.S. companies are eager to connect in L.A. after President Trump's pitch at the World Economic Forum in Davos. Support the show: https://www.frankmottek.com

LA business and civic leaders cheer as LA makes the list of 20 cities being considered by Amazon for a $5B second headquarters. The Dow soars above 26K in a sizzling start to 2018. Mortgage rates spike. A new survey finds income shocks happen frequency during most careers. A telecom entrepreneur is on to something new after selling two companies to Silicon Valley giants.Support the show: https://www.frankmottek.com

Consumers came out in force over the holiday shopping season ringing up the best results for retailers since before the Great Recession. Stocks extend a new year's rally, wrapping up the second week of 2018 at record highs. The LAEDC names a new chief economist. Lots of fun innovations on display at the Consumer Electronics Show in Las Vegas.Support the show: https://www.frankmottek.com

2018 gets off to a roaring start with the Dow blowing past 25K and all the major averages ending the first week of the year at record highs. Wharton Finance Professor Jeremy Siegel offers a cautious market outlook for 2018. Gas and oil prices spike. Cannabis and bitcoin take a wild ride. Hollywood awards season begins with the Golden Globes making a big impact on the L.A. economy. Support the show: https://www.frankmottek.com

Happy New Year! Confidence and optimism among L.A. business leaders are riding high heading into 2018. All the major stock market averages are set to start the new year near record highs after the best annual market gain in four years. A look back at 2017 and a preview of what's ahead for stocks, the dollar, mortgage rates, real estate and jobs in 2018. Support the show: https://www.frankmottek.com

The tax reform bill signed into law by President Trump is expected to have a big impact on California with the state and local tax deduction capped at $10K and mortgage interest deduction reduced to $750K. An early Santa Claus rally sends stocks to record highs. Bitcoin takes a wild ride off record highs. Ground is broken for a new USO facility at LAX.Support the show: https://www.frankmottek.com

Tax reform advancing in Washington sends stocks to record highs. Disney buys 21st Century Fox TV and movie studios. More media mergers expected. Holiday sales are coming in stronger than expected this season. An app created in LA by a busy actor and his wife helps parents find trusted local resources.Support the show: https://www.frankmottek.com

Bitcoin mania sends the virtual currency to record highs above $11,000 while the debate continues about the legitimacy of the crypto currency. Stocks wrap up a record shattering week with a volatile session that was focused on the latest news out of Washington. Car companies roll out big new product announcements at the L.A. Auto Show.  Support the show: https://www.frankmottek.com

Consumers hit the malls and go online for the traditional start of the holiday shopping season. West Hollywood celebrates small business. Retailers are upbeat in the face of strong consumer confidence, lowest unemployment in 17 years and the stock market at record highs. Support the show: https://www.frankmottek.com

Tax reform moves forward in Washington. Stocks post a mixed finish for the week. LA's homeless population gets extra help, including early Thanksgiving dinners, as the holiday season begins. President Trump's former White House spokesman Sean Spicer speaks candidly about the news business, his portrayal on SNL, plus his views on trade and tax reform.Support the show: https://www.frankmottek.com

Business and civic leaders gather to discuss what's ahead for California's economy. Stocks slip from record highs as lawmakers lock horns over tax reform in Washington. One of Southern California's biggest trading partners, Canada, is anxious over the renegotiation of NAFTA. Business fallout continues following sexual harassment and assault claims sweeping Hollywood.  Support the show: https://www.frankmottek.com

Investors and consumers show enthusiasm for Apple's new $1000 iPhoneX. America's unemployment rate hits a 17-year low. Stocks wrap up the week at record highs. L.A. home prices hit new highs, while affordability hits a 10-year low. Tax reform plans expected to impact local real estate.  An avalanche of sexual harassment claims in all industries following the Weinstein scandal.Support the show: https://www.frankmottek.com

The U.S. Senate OK's a budget plan that lays the groundwork for tax cuts. The latest earnings news and readings on the economy set off a grand slam home run on Wall Street. The Dow soars to a record high above 23K. Expansion of the Metro Gold Line in the San Gabriel Valley continues. And L.A. based Coffee Bean and Tea Leaf perks up its expansion plans.Support the show: https://www.frankmottek.com

The stock market's record shattering run continues. California challenges President Trump on cutting government insurance subsidies for Obamacare. State Insurance Commissioner Dave Jones talks about the impact this will have on Covered California. Damage assessment continues following catastrophic fire storms in the state especially impacting seniors and their caregivers.  Support the show: https://www.frankmottek.com

The stock market continues its record run up. The nation's unemployment rate hits the lowest since February 2001 but the economy sheds jobs last month for the first time in 7 years. The latest forecast for L.A.'s South Bay economy is released. New consumer trends in fashion, food and retail. Preparations continue for the legalization of recreational marijuana use in California. Support the show: https://www.frankmottek.com

It's a September to remember for investors as the stock market wraps up the 3rd quarter of 2017 at record highs. Housing affordability gets worse in L.A. with the latest bump up in home prices. Remembering the business legacy of Playboy founder Hugh Hefner who has died in L.A. at the age of 91. More high profile data breaches as National Cyber Security Awareness month begins. Support the show: https://www.frankmottek.com

Another record shattering week for stocks. The Fed signals another rate hike will be coming soon. California's Attorney General issues a consumer alert on the Equifax data breach. September is College Savings Month. The LAEDC honors the most business friendly cities. And it's Frank n Stein as financial commentator Ben Stein joins Frank for a discussion on the markets and the economy.Support the show: https://www.frankmottek.com

Stocks rally to record highs in the aftermath of Hurricane Irma and ahead of an important Fed policy meeting. Apple rolls out the tenth anniversary iPhone, the iPhoneX. Consumers face a nightmare in the Equifax data breach debacle. It's an entertainment industry party weekend for the Primetime Emmy Awards. A conference celebrating corporate mergers is a big deal in Beverly Hills.Support the show: https://www.frankmottek.com

Hurricane Irma is set to become the most expensive natural disaster in U.S. history covering the entire state of Florida. Thousands of cruise ship passengers are affected by the storm. President Trump makes a surprise deal with democrats on the debt ceiling and disaster relief. The revival of Downtown L.A. gets perked up with the opening of a Cuban cafe. Forbes Magazine celebrates 100 years.  Support the show: https://www.frankmottek.com

Tech stocks including Apple rally to record highs. The NASDAQ composite stands at a record high.  Oil prices slip, gas prices spike in the aftermath of Hurricane Harvey in Texas. Los Angeles Fleet Week set to pump up the waterfront economy. Southern California labor leaders talk about issues facing unions on Labor Day weekend 2017.Support the show: https://www.frankmottek.com

Stocks wrap up a winning week on a mixed note. Market analysis from Mohamed El-Erian, chief economic advisor, Allianz. Fed Chair Janet Yellen speaks in support of regulations put in place after the 2008 financial crisis. Amazon set to complete its takeover of Whole Foods Markets. Consumers brace for the impact of Hurricane Harvey. Preserving historic buildings is now big business in L.A.Support the show: https://www.frankmottek.com

Stocks end the week with a pullback after the worst one day market drop in 3 months. The Dow and SP500 slide for the 2nd week in a row coming off record highs. A squadron of vintage WW2 planes salute an LA civil aviation giant. Attorney Robert Shapiro has a new business venture and his drug and alcohol abuse prevention work continues with the Brent Shapiro Foundation.Support the show: https://www.frankmottek.com

Tensions between the U.S. and North Korea rattle financial markets with the Dow and S&P500 pulling back from all time highs. Some big department stores are seeing a drop in sales as more consumers shop online. New resources for small business people in L.A.  A Silicon Beach pioneer in eCommerce heads up the parent company of Swagbucks and MyPoints. Support the show: https://www.frankmottek.com

The Dow extends its record shattering winning streak to nine sessions in a row wrapping up the week at an all time high of 22,093.  As rents in L.A. go up, so does the homeless population. The co-presidents of the NFL LA Chargers talk about the economic impact of the Chargers moving from San Diego to L.A. Business people cheer the news that L.A. will play host to the Summer Olympics in 2028. L.A. commercial real estate people remain upbeat despite a sizzling run. Support the show: https://www.frankmottek.com

The Dow ends the week at a record high close of 21,830 on the latest earnings news and a rebound in the price of oil to just below $50 a barrel. The NASDAQ and SP500 end the week just below the record highs attained earlier in the week. The health care debate continues after the US senate votes down a plan to repeal Obamacare. Orange County moves up on a list of hot areas for tech jobs. Higher rents in L.A. have more people considering buying homes but affordability is a big obstacle. High end real estate agents are trying new ways to cater to clients.Support the show: https://www.frankmottek.com

Another week for the Wall Street record books as tech giants Facebook and Netflix soar sending the NASDAQ and SP500 to all time highs. The Fed gets set to meet again to consider the latest readings on the economy and the next move on interest rates. Consumer advocates take on Amazon alleging the online retail giant misleads consumers about its pricing discounts. Amazon denies the claims. Mortgage rates tick lower sending the average 30 year fixed back below 4%. California's labor commissioner launches a new effort to fight wage theft in the state. Lots of big thinking nowadays when it comes to artificial intelligence and machine learning. Support the show: https://www.frankmottek.com

New readings on the economy suggesting the Fed could delay another interest rate hike rally the stock market. The Dow and SP500 stand at all time highs. The tech heavy NASDAQ had its best week of the year and stands about 30 points below its all time high. Amazon says its Prime Day this year was the biggest sales day in the company's history. Encouraging signs for the Southern California economy as retail, office, commercial and industrial real estate activity remain strong in the L.A. area based on the latest report from commercial real estate giant CBRE. Support the show: https://www.frankmottek.com

Stocks get the second half of 2017 off to a positive start. Oil and precious metals tank. L.A. drivers can expect even lower gas prices coming off the lowest Fourth of July gas price in more than 10 years. New advances in tele-medicine as doctors and patients make use of new smart phone apps. A company based in Culver City, inspired by famous architects, is "building" ice cream sandwiches. And a Persian-American serial entrepreneur helps lead the effort to bring the Freedom Sculpture to Los Angeles. Support the show: https://www.frankmottek.com

Mixed finish to the week capping off a winning first half of 2017 for stocks. The Dow and SP500 had their best first half of a year since 2013 with gains of about 8%. NASDAQ had the best first half year performance since 2009 with a gain of 14%. Beverly Hills celebrates the official grand opening of the newest Waldorf Astoria Hotel. The only family owned theater chain in Southern California celebrates a resurgence of local film making. The biggest cancer research fundraiser in LA is happening at Paramount Studios in Hollywood again this year. Big expansion plans announced by the Bob Hope USO at LAX. Support the show: https://www.frankmottek.com

Mixed finish to a mostly winning week for stocks with healthcare, tech and retail names back in focus. The 73 story Wilshire Grand tower in Downtown L.A., tallest building on the west coast, holds its grand opening. The tower opening is cheered by business leaders as a crowning achievement on Downtown L.A.'s 20+ year renaissance. Ritz Carlton gets into the luxury cruise business. Mortgage rates take a surprising dip to lows of the year. Support the show: https://www.frankmottek.com

Amazon's nearly $14B bid for Whole Foods Markets sends shock waves through the retail world. The Dow ends the week at a record high, 21,384. Analysis from Dr. Mohamed El-Erian, Chief Economic Advisor at Allianz and retail analyst Howard Davidowitz. The leaders of Southern California-based TrackR and HatchBeauty are among the companies honored as EY Entrepreneurs of the Year. Biotech business is getting bigger in L.A. Meanwhile a convention of thousands of biotech leaders gets underway in San Diego. Support the show: https://www.frankmottek.com

The Dow wraps up the week at a record high but tech stocks tank sending the NASDAQ more than 100 points below its all time high. Stocks posted a mixed finish after analysts at Goldman Sachs posted concerns about "a valuation air pocket" among high flying tech names. The upcoming Fed meeting is expected to end with another interest rate hike. The biggest video game industry gathering of the year, e3, comes back to Downtown L.A.Support the show: https://www.frankmottek.com

Another record shattering week for stocks. The Dow, Nasdaq and S&P 500 rally to all time highs on the May jobs report showing the nation's unemployment rate at a 16 year low of 4.3%. Hiring came in weaker than expected at 138K fueling the idea the Fed will not be aggressive in raising interest rates this year. Some surprising results in a new Junior Achievement survey on what teens want to be when they grow up. Another rough week for many retailers with more announced store closings and a bleak outlook for malls as online shopping continues to rise. Support the show: https://www.frankmottek.com

Mixed finish to another record shattering week for stocks. The Nasdaq and SP500 settle at all time highs. The Dow stands about 30 points below its all time high. History is about to be made in Beverly Hills with the grand opening of the new Waldorf Astoria Hotel. The new $200M luxury hotel is expected to give another big boost to the local economy and tourism. The motorcycle business revs up in a big way with new ways to get on a bike thanks to a Southern California based company.Support the show: https://www.frankmottek.com

Stocks wrap up the most volatile week of the year with a bounce back. The Dow sees its biggest one day drop of 2017, a closing loss of 373 points, then about a 200 point recovery by the end of the week. Both the Nasdaq and SP500 came off all time highs. Drama in Washington and geopolitical worries weigh on the markets. Business confidence in LA is riding at a ten year high but business leaders have a list of concerns, according to the latest survey from LA Biz Fed. Innovation continues to drive the economy including the development of driverless car technology.Support the show: https://www.frankmottek.com

Tech stocks, including Apple, rally to record highs while retailers tank on disappointing sales reports. The latest economic outlook is positive for the San Gabriel Valley. LA business leaders cheer the LA Rams for boosting the local economy. Visionaries in LA finance and real estate are recognized. Author Dr. Deepak Chopra shares his views on business success. Lots of fallout expected from the world's largest cyber ransomeware attack.Support the show: https://www.frankmottek.com

Stocks end the week at new highs on the April jobs report showing hiring up to 211K and America's unemployment rate at a ten year low of 4.4%. Markets now watching proposed policy changes in Washington on healthcare, taxes, and bank regulations. A massive infrastructure spending plan set to be rolled out soon is among topics discussed at the Milken Institute Global Conference. Sherry Lansing, the woman who broke the glass ceiling in Hollywood, shares her success story on how she became the first woman to lead Hollywood film studios.  Support the show: https://www.frankmottek.com

Tech stocks lead the latest market rally propelling the NASDAQ to a record high above 6000. The Dow racks up its biggest weekly gain of the year on the latest earnings news and release of the Trump administration's tax overhaul plan. Marketwatch columnist Mark Hulbert says there's new thinking on the market adage "Sell in May and go away." Business and civic leaders reflect on the 25th anniversary of the L.A. riots and unresolved issues in South LA. The city of LA faces serious challenges meeting its pension obligations. Support the show: https://www.frankmottek.com

Tech stocks lead a winning week with the Nasdaq hitting an all time high. Financial markets await results of the presidential election in France. President Trump declares he will unveil a tax reform proposal that includes a large tax cut. Mortgage rates pull back to 2017 lows. Home sales hit the highest seen in more than 10 years. It's a big week for augmented reality. Junior Achievement promotes Financial Literacy Month.Support the show: https://www.frankmottek.com