Mottek On Money Special Edition (Wednesday, May 20th, 2020)

Wednesday, May 20th

Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks rally with big tech names leading the way. Both Facebook and Amazon hit record highs. Oil stocks also rose with the price of oil hitting the highest price seen in 10 weeks as energy demand picks up on the easing of coronavirus business lockdowns. The Dow posted a closing gain of 369 points. Midweek analysis of the markets and the economy from Wall Street veteran Art Hogan, Chief Market Strategist, National Securities. Nursing homes continue to be ground zero for the coronavirus crisis. Elder law attorney Zoran Basich, founder, Nursing Home Solutions www.NHSCare.com discusses the latest news and how you can get the nursing home care needed for your loved one without going broke. Los Angeles businesses weathering the coronavirus economic storm have a range of resources now available. The latest discussed with Judy Drucker, Senior Director, Los Angeles County Economic Development Corporation, LAEDC, www.LAEDC.org
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