Mottek On Money Special Edition (Monday, May 18th, 2020)

Monday, May 18th

Mottek On Money Special Edition - Coronavirus Crisis Bear Market - Stocks rally on positive early results in human testing of an experimental coronavirus vaccine by drug company Moderna. Fed Chairman Jerome Powell told CBS News 60 Minutes he optimistic the economy can begin to recover in the second half of the year but a full recovery will likely not be possible before the arrival of a vaccine. The Dow closed up 912 points. The latest news on the coronavirus ravaged economy, jobs, pensions and more discussed with James P. Hoffa, General General President, International Brotherhood of Teamsters. On the market rally, analysis from Jim Hausberg, Managing Director, HighTower Advisors, Los Angeles.