Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: After a vaccine fueled rally this month, stocks take a breather pulling back from the record highs achieved in the previous session. The Dow ended with a closing loss of 167 to 29,783. Retail sales ticked up for the fifth month in a row but came in a bit weaker than expected in October. Fed Chairman Jerome Powell told a business conference the surge in covid cases could slow the economy in the months ahead by discouraging consumers from spending. Analysis of the record run up in the stock market and latest on the economy discussed with famed Wharton Business School Finance Professor Jeremy Siegel. California real estate prices hover at or near record highs as mortgage rates hover at or near record lows. The latest readings from Leslie Appleton-Young, Chief Economist and SVP, California Association of Realtors, Dr. Frank Nothaft, Chief Economist, Corelogic, and Jeff Lazerson, President, Mortgage Grader and Orange County Register Columnist. 

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