Mottek On Money (August 17th, 2019)

Friday, August 16th

A week of wide swings for stocks including the Dow's biggest one day closing drop of the year (-800 points). Financial markets still nervous over escalating US-China trade tensions and the US government bond market flashing a possible recession signal for the first time in more than 10 years. Frank Mottek discusses the big market moves with CNBC Power Lunch Anchor Tyler Mathisen. Funding is approved for the next phase of the Metro Gold Line Foothill Extension in the San Gabriel Valley. Many residents of Beverly Hills and 28 other cities have new choices on their power bills as areas of L.A. and Ventura counties are served by a new energy provider called the Clean Power Alliance. Beverly Hills Councilman Dr. Julian Gold explains the transition and what consumers need to know.