Mottek On Money

Mottek On Money Special Edition (Thursday, November 19th, 2020)


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Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis. Stocks end higher on new stimulus hopes after coming under pressure early in the session on alarming coronavirus cases numbers, jobless claims rising for the first time in five weeks and dire warnings from hotels and other industries. Existing home sales surge on record low mortgage rates. The Dow came in for a closing gain of 45 points. California Governor Gavin Newsom announces California is imposing an overnight curfew starting Saturday through December 21st to head off the surge in coronavirus cases. Analysis on the markets and economy from Art Hogan, Chief Market Strategist, National Securities, Kevin Klowden, Executive Director of the Milken Institute’s Center for Regional Economics and California Center. Healthcare related information technology takes a prominent role in the coronavirus crisis. Despite increased demand, health IT faces pressure with jobs on the line and new calls for government help. The sector discussed with Ash Gupta, Managing Partner at Emerald Star Capital, a social impact fund based in Palo Alto. 

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