Mottek On Money

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.   

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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.

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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. 

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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 sustainable

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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. 

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