Another record shattering week for stocks and cryptocurrency Bitcoin which soared above $56,000. Mixed readings out on the pandemic ravaged economy including jobless claims up 13K to 861K. Retail sales jumped a better than expected 5.3% in January. L.A. area gas prices edge higher as a severe winter snow storm paralyzes the fuel industry in Texas sending oil above $60/barrel. Analysis of the markets, the economy and Bitcoin from Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and Kevin O'Leary a.k.a Mr. Wonderful on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox. Bill Allen, President/CEO, Los Angeles County Economic Development Corporation discusses the recent 2021 LAEDC Economic Forecast and discusses an upcoming event to guide people to community colleges in order to train for jobs that are in demand right now. www.laedc.org www.competitiveworkforce.la 

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