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Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks post a mixed finish on the latest weekly jobless claims moving up to a three month high on new business shutdowns in the face of a record rise in covid cases, stimulus talks continuing but still no deal in Washington and an FDA advisory committee meeting to approve emergency authorization of the Pfizer - BioNTech covid vaccine (which was given after the closing bell). Airbnb becomes the biggest IPO of the year and the stock soars more than 100% in its Nasdaq debut. The Dow slips 70, Nasdaq gains 67, SP500 closed down 5 points. The latest on the markets and the main street economy discussed with Art Hogan, Chief Market Strategist, National Securities www.yournational.com John Carroll, Owner Caroll Custom men's clothing in Beverly Hills www.carollcustom.com and Economist Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center www.milkeninstitute.org
Support the show: https://www.frankmottek.com
Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Stocks post a mixed finish on the latest weekly jobless claims moving up to a three month high on new business shutdowns in the face of a record rise in covid cases, stimulus talks continuing but still no deal in Washington and an FDA advisory committee meeting to approve emergency authorization of the Pfizer - BioNTech covid vaccine (which was given after the closing bell). Airbnb becomes the biggest IPO of the year and the stock soars more than 100% in its Nasdaq debut. The Dow slips 70, Nasdaq gains 67, SP500 closed down 5 points. The latest on the markets and the main street economy discussed with Art Hogan, Chief Market Strategist, National Securities www.yournational.com John Carroll, Owner Caroll Custom men's clothing in Beverly Hills www.carollcustom.com and Economist Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center www.milkeninstitute.org
Support the show: https://www.frankmottek.com