Mottek On Money (January 18th, 2020)

Saturday, January 18th

2020 continues its roaring start on Wall Street with stocks popping to record highs. The markets cheered the signing of the phase one U.S. China trade deal, the U.S. Senate passage of the USMCA trade agreement, strong retail sales and corporate earnings. Art Hogan, Chief Market Strategist, National Securities, discusses the record shattering week and outlook. Gene Seroka, Executive Director of the Port of Los Angeles reacts to the latest trade news. An American hero is honored in Beverly Hills: Astronaut and naval aviator Captain Jim Lovell, commander of Apollo 13 receives the Living Legends of Aviation Award and the Jeff Bezos Freedom’s Wings Award. Steven Barber, documentary film producer, on new plans to honor Captain Lovell for the 50th anniversary of Apollo 13 this year. The 2020 outlook on residential and commercial real estate discussed with Jonathan Lee, Principal & Managing Director, George Smith Partners and Jeff Lazerson, President, Mortgage Grader. LA County Assessor Jeffrey Prang reminds L.A. County homeowners how they can save on their property taxes.