Mottek On Money

Mottek On Money (Weekend of July 25th, 2020)


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More signs that the economic recovery is slowing in the face of alarming coronavirus numbers in California, Florida and most other states. Negotiations continue in Washington on a new coronavirus rescue package. Stocks end the week with a pullback. The Dow slipped 182. Nasdaq dipped 98. Big name tech stocks took a breather ahead of a big week of earnings reports. Gold hits a record high closing price just below $1,900 an ounce. Mortgage rates hit new lows. The latest on the markets and the economy discussed with Dr. Mohamed El-Erian, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and Kevin O'Leary, a.k.a. Mr. Wonderful mega entrepreneur/investor on TV's Shark Tank, Chairman of O'Share's ETF's and www.Beanstox.com  Jeff Lazerson, President, Mortgage Grader and O.C. Register Columnist discusses mortgage rates and real estate. 

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