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Investors focus on FOMO - Fear of Missing Out. Panic buying sends stocks to record highs. New report on commercial real estate finds Culver City on the rise. Big issues remain in the first month of legal recreational marijuana sales in California. European and U.S. companies are eager to connect in L.A. after President Trump's pitch at the World Economic Forum in Davos.
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LA business and civic leaders cheer as LA makes the list of 20 cities being considered by Amazon for a $5B second headquarters. The Dow soars above 26K in a sizzling start to 2018. Mortgage rates spike. A new survey finds income shocks happen frequency during most careers. A telecom entrepreneur is on to something new after selling two companies to Silicon Valley giants.
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Consumers came out in force over the holiday shopping season ringing up the best results for retailers since before the Great Recession. Stocks extend a new year's rally, wrapping up the second week of 2018 at record highs. The LAEDC names a new chief economist. Lots of fun innovations on display at the Consumer Electronics Show in Las Vegas.
Support the show: https://www.frankmottek.com
2018 gets off to a roaring start with the Dow blowing past 25K and all the major averages ending the first week of the year at record highs. Wharton Finance Professor Jeremy Siegel offers a cautious market outlook for 2018. Gas and oil prices spike. Cannabis and bitcoin take a wild ride. Hollywood awards season begins with the Golden Globes making a big impact on the L.A. economy.
Support the show: https://www.frankmottek.com
Happy New Year! Confidence and optimism among L.A. business leaders are riding high heading into 2018. All the major stock market averages are set to start the new year near record highs after the best annual market gain in four years. A look back at 2017 and a preview of what's ahead for stocks, the dollar, mortgage rates, real estate and jobs in 2018.
Support the show: https://www.frankmottek.com
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