
Sign up to save your podcasts
Or


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
From the publisher's feed