Mottek On Money

Mottek On Money (Weekend October 10th, 2020)


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Renewed economic stimulus hopes renew a rally on Wall Street while tough times continue on Main Street during the ongoing pandemic. Stocks rack up the best gains seen in months as the White House and congressional Democrats reportedly mover closer to another economic rescue deal. This as thousands of jobs are lost in the airline business and weekly jobless remain alarmingly high at 840K. Analysis on the markets and the economy from Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, President, Queens College, Cambridge and Kevin O'Leary, mega entrepreneur, business investor a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETF's. L.A. County Assessor Jeffrey Prang discusses property tax relief available for homeowners impacted by recent wildfires and the latest readings on residential as well as commercial real estate values in the Los Angeles area. www.assessor.lacounty.gov

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