Another record shattering week for stocks as President Biden takes office and proposes a $1.9T American Rescue Plan saying the U.S. economic crisis was deepening because of the ongoing pandemic. Former Fed Chair Janet Yellen is set be confirmed by the U.S. Senate as the next U.S. Treasury Secretary. The Nasdaq ended the week at a record high and up 4.2% for the week. California's economy struggles as the vaccine rollout disappoints. Analysis on the markets and the economy from Dr. Mohamed El-Erian, President, Queens College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox, Economist Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center. Cruiselines make another tough announcement on cancelling more cruises into the new year because of the pandemic. The latest discussed with cruise industry expert Stewart Chiron, President, www.Cruiseguy.com  

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