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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.
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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.
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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.
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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.
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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
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