Mottek On Money

Mottek On Money (February 29th, 2020)


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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, Kevin Klowden, Economist, Executive Director, Center Dow Regional Economics and California Center, Milken Institute, Santa Monica. 
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