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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
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