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Mixed finish for stocks in a blizzard of earnings ahead of the end of a two day Fed policy setting meeting. Market analysis from Art Hogan, Chief Market Strategist, National Securities. Housing affordability gets worse in Los Angeles as home prices tick up 11.9% over the past year according to the latest S&P CoreLogic Case-Shiller home price index. The latest discussed with Dr. Frank Nothaft, Chief Economist, Corelogic. In Orange County, Colette's Children's Home www.coletteschildrenshome.com  is among the 20 OC non profit groups participating in the Help Them Home giving day event on Wednesday, April 28th to help the homeless. The homeless crisis and fundraiser discussed with Billy O'Connell, Executive Director, Colette's Children's Home.  Support the show: https://www.frankmottek.com

Stocks rally ahead of the weekend as a new reading on manufacturing hits a record high and new home sales hit the highest since 2006. Mortgage rates pull back for the fourth week in a row. Stocks erase most of the losses seen in the previous session on reports President Biden plans to propose a tax hike on wealthy investors when he addresses a joint session of congress on Wednesday, the same day the Fed will wrap up a policy setting meeting. Bitcoin dips below $50K. Analysis of the markets, the economy and outlook from Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Art Hogan, Chief Market Strategist, National Securities, John Kilduff, Oil Analyst, Again Capital, CNBC contributor, Jeff Lazerson, President, MortgageGrader.com, O.C. Register columnist.      Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focused on Southern California real estate. Guests: Dr. Frank Nothaft, Chief Economist, Corelogic for our "Frank" discussion on real estate, the mortgage business and the economy. Corelogic has released its latest report on rents for single family homes. Jeff Lazerson, President, MortgageGrader.com and O.C. Register columnist has the latest on mortgage rates. Los Angeles City Councilmember Joe Buscaino, Chair of L.A.'s Trade, Travel and Tourism Committee, has an update on the waterfront redevelopment project in San Pedro and the massive infrastructure project underway at Los Angeles International Airport along with a discussion on L.A.'s economic recovery from the pandemic and solutions to L.A.'s homeless crisis.      Support the show: https://www.frankmottek.com

Another record shattering week for stocks and cryptocurrencies on signs the economy is on a roll continuing the recovery from the pandemic recession. The Dow ended the week at 34,201 after ending above 34K for the first time on Thursday. Bitcoin saw a record shattering week moving above 64K as the crypto exchange Coinbase made its Wall Street Debut. Analysis of the markets and the economy with Dr. Mohamed El-Erian, President, Queens College Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Scott Minerd, Global Chief Investment Officer, Guggenheim Investments, discusses the latest action on Wall Street and continued despair on parts of Main Street as L.A's homeless population continues to rise. He is leading the business community in supporting the Union Rescue Mission and its Angels of Hope fundraising telethon. More info here: www.URM.org  Economist Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center has an update on vaccine distributions and the impact of the pause on the Johnson and Johnson vaccine plus the announcement that the Milken Institute Global Conference will be held in person again in Beverly Hills later this year. Kevin O'Leary, a.k.a. Mr. Wonderful on Shark Tank, Chairman of O'Shares ETFs and Beanstox provides his insights on the markets, the economy and cryptocurrencies.  Support the show: https://www.frankmottek.com

Stocks end the day at or near record highs. Bitcoin soars to a new high above $63K as the largest cryptocurrency exchange, Coinbase, is set for a direct listing on the Nasdaq. Both the SP500 and the Nasdaq close at all time highs. The Dow ended down 68 points, partially weighed down by shares of Johnson & Johnson which ended lower after U.S. regulators recommended a pause in administering its Covid vaccine to investigate reports of rare but potentially dangerous blood clots. The latest market action discussed with Art Hogan, Chief Market Strategist, National Securities. The latest readings on real estate, including mortgage delinquencies and foreclosures discussed with Dr. Frank Nothaft, Chief Economist at Corelogic and Oscar Wei, Deputy Chief Economist, California Association of Realtors.     Support the show: https://www.frankmottek.com

Stocks rally sending the Dow and SP500 to record highs. Big tech names participated in the latest rally as investors remain optimistic about economic growth and progress against the coronavirus pandemic. Bitcoin hovers near its all time high as more consumer facing companies invest in the cryptocurrency and begin accepting it as payments. Among them, Los Angeles based real estate company Caruso. The economic rebound, retail outlook and Bitcoin discussed with Los Angeles business and civic leader Rick Caruso, CEO of Caruso, developer of the most popular shopping destinations in Southern California including The Grove, Americana at Brand, Commons at Calabasas, Palisades Village as well the Rosewood Miramar Beach Resort in Montecito and the 8500 Burton Way luxury apartments. A new low-fare airline is set to start service at the Burbank airport. The new airline discussed with Andrew Levy, CEO of Avelo Airlines. Kevin O'Leary, a.k.a. Mr. Wonderful mega investor on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox discusses the latest news on Bitcoin, a record shattering week for stocks, inflation and what he sees as the best looking economy since the 1950's on the horizon.     Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focusing on Southern California real estate. Home prices tick higher. Fixed rate mortgage rates move up. Affordability and availability the big issues as the traditional spring home buying season begins. Rays of sunshine in commercial real estate as pandemic restrictions are eased. The very latest reports from Dr. Frank Nothaft, Chief Economist, Corelogic, Oscar Wei, Deputy Chief Economist, California Association of Realtors, Spencer Levy, Chairman of Americas Research and Senior Economic Advisor for CBRE.  Support the show: https://www.frankmottek.com

A blockbuster March jobs report shows the economy added 916K jobs and the nation's unemployment rate fell to 6% from 6.2% as pandemic restrictions ease in many states including California. In reaction, benchmark government bond yields moved higher Friday in a holiday shortened session. The SP500 closed at a record high ahead of the three day Easter holiday weekend after the Dow had achieved a record high earlier in the week. Wall Street cheered the President's proposed $2.3T infrastructure plan, a strong reading on manufacturing and the latest vaccine news. Analysis of the markets and the economy from Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO, Newport Beach, Jeff Lazerson, President, MortgageGrader and OC Register columnist, Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox.     Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focusing on Southern California real estate and the latest readings on home prices, sales and the impact of Proposition 19 on real estate. Guests: Dr. Frank Nothaft, Chief Economist, Corelogic with the latest SP Corelogic Case Shiller Home price index which includes Los Angeles, San Diego and San Francisco. Economist Jordan Levine, Chief Economist, California Association of Realtors and Los Angeles County Assessor Jeff Prang on the next phase of Prop 19 kicking in on April 1st and what you need to know about it. Support the show: https://www.frankmottek.com

A late rally sends the Dow and SP500 to record highs on the best consumer confidence reading in a year, optimism about the ongoing covid vaccine rollout in the U.S. and the price of oil climbing above $60/barrel as a massive cargo ship continues to block the Suez Canal impacting oil tankers and hundreds of other ships. New concerns about a third wave of Covid in parts of Europe. Mortgage rates move up for the 6th week in a row. Analysis of the markets and the economy from John Kilduff, oil analyst, Founding Partner, Again Capital, CNBC contributor, Ben Stein, financial commentator, economist, author in a special "Frank and Stein" segment, Jeff Lazerson, President, MortgageGrader.com and O.C. Register columnist and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox.      Support the show: https://www.frankmottek.com

Stocks pull back as coronavirus lockdowns are started or extended in parts of Europe including France, Germany, Poland and Greece. The Dow retreats 300 points at the closing bell. Oil tumbles 6% to $57.76/barrel on lower demand expectations. Meanwhile, Fed Chair Jerome Powell and Treasury Secretary Yellen deliver an upbeat assessment of the U.S. economic recover in a joint appearance before the House Financial Services Committee. Analysis of the latest market action with Art Hogan, Chief Market Strategist, National Securities. An update on commercial real estate from Spencer Levy, Chairman of Americas Research and Senior Economic Advisor for CBRE. And on the residential real estate side, the very latest readings plus the impact of higher mortgage rates and Prop 19 discussed with Oscar Wei, Deputy Chief Economist, California Association of Realtors. Support the show: https://www.frankmottek.com

Mixed finish to a choppy but record shattering week for blue chip stocks. After closing at a record high above 33K for the first time on Wednesday, the Dow pulled back heading into the weekend as benchmark government bond yields hit 14 month highs sending mortgage rates higher. Fed Chair Jerome Powell reiterates the Fed's commitment "to provide the economy with the support that it needs for as long as it takes." Travel activity picks up with some cruise lines announcing plans to resume cruises in the Caribbean soon. The latest on the financial markets and the economy with Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, "Cruiseguy" Stewart Chiron, cruise industry expert, President, CruiseGuy.com, Jeff Lazerson, President, Mortgagegrader.com and O.C. Register columnist, Gregg Wind, CPA, Partner, Kallman & Logan, West L.A., Kevin O'Leary, a.k.a. Mr. Wonerful on TV's Shark Tank, Chairman of O'Shares ETFs, Beanstox and Kevin O'Leary Fine Wines. Support the show: https://www.frankmottek.com

Blue chip stocks slip slightly from record highs as the Fed begins a two day policy setting meeting that's set to wrap up on Wednesday with a statement on the economy, a decision on interest rates and a news conference by Fed Chairman Jerome Powell. The Dow slipped 128 points from its record high to settle at 32,826. Bitcoin pulled back a bit more from its record high and is now hovering near $56,500 after getting close to $61K over the weekend. The latest on the markets, economy and outlook from Art Hogan, Chief Market Strategist, National Securities. New readings on L.A. area home sales, home prices and single family rents. The latest discussed with Dr. Frank Nothaft, Chief Economist, Corelogic and Jordan Levine, Chief Economist, California Association of Realtors.     Support the show: https://www.frankmottek.com

Blue chip stocks end the week at record highs following the signing into law of the $1.9T pandemic relief package one year after the devastating Covid pandemic was declared. Direct payments of up to $1,400 to individuals are expected to start flowing to bank accounts and mail boxes starting this weekend. Tech stocks pulled back as long term government bond yields ticked higher in a volatile week. Bitcoin got close to its record high above $58K before pulling back. The record breaking $69.3 million sale at auction of a purely digital work of art has grabbed the attention of the worlds of art and cryptocurrency and shined the spotlight on something called "non-fungible tokens." Southern California counties are set to move out of the most restrictive covid prevention rules allowing businesses including restaurants and theaters to reopen some indoor operations. The latest on the markets and the economy discussed with Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor at Allianz, former PIMCO CEO in Newport Beach, Celebrity Chef Wolfgang Puck, global restauranteur including Spago, Cut, Chinois, and Wolfgang Puck Catering, Economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center and Kevin O'Leary, a.k.a. Mr. Wonderful Mega Investor on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox with a comprehensive conversation including Bitcoin, the record sale of the digital artwork, the latest Gamestop mania and the next season of Shark Tank returning to production in Los Angeles. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focused on Southern California residential and commercial real estate as the economy continues to recover from the pandemic recession. Guests: Dr. Frank Nothaft, Chief Economist, Corelogic, with the latest report on delinquencies and foreclosures, Jordan Levine, Chief Economist, California Association of Realtors with an update on home prices and sales as well as the association's push for a fair housing and equity legislative package in Sacramento. On commercial real estate, Spencer Levy, Chairman of Americas Research and Senior Economic Advisor, CBRE and David Damus, President/CEO, System Property Development and System Parking which recently celebrated its 100th anniversary in Los Angeles.   Support the show: https://www.frankmottek.com

Stocks wrap up a volatile week with a rally after yet another roller coaster ride as long term government bond yields make unusually wide moves before pulling back. The Dow ended the week with a closing gain of nearly 600 points. The bond market has reportedly just had its third worst week since the year 1830. Oil prices spike to the highest in nearly 2 years, moving above $66 a barrel. Gas prices in L.A. have hit the highest in more than a year. Better than expected news on the job front as the economy adds 379K jobs last month and the nation's unemployment rate slips to 6.2. Meanwhile work continues in Washington on a $1.9T Covid relief package and vaccine rollouts continue. Analysis on the markets and the economy from Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach, Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETFs and Beanstox, John Kilduff, oil analyst, Founding Partner of Again Capital, CNBC contributor and Economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focused on Southern California real estate including the latest report on home price growth from Corelogic Chief Economist Dr. Frank Nothaft, the latest on home sales and prices from Jordan Levine, Chief Economist at the California Association of Realtors and the latest on mortgage rates from Jeff Lazerson, President, MortgageGrader.com and O.C. Register columnist. Stocks pull back after what was the biggest one day rally of 2021.  A mortgage company stock among the big winners. The latest on the markets and the economy from Art Hogan, Chief Market Strategist at National Securities.  Support the show: https://www.frankmottek.com

Stocks take a bumpy ride and end the week lower as the yield on the benchmark 10 year note moves sharply higher sending mortgage rates up. The Dow posted 2 days of triple digit losses in a row. All of the major averages ended the month of February with gains. Bitcoin hit a record high above $57,000 and ended the week about $10K below that. The latest on the markets, the economy and Bitcoin discussed with Dr. Mohamed El-Erian, President, Queens' College Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach https://www.mohamedel-erian.com/  and Kevin O'Leary, a.k.a. Mr. Wonderful on TV's Shark Tank, Chairman, O'Shares ETFs and www.Beanstox.com  The latest on mortgage rates discussed with Jeff Lazerson, President, www.mortgagegrader.com  and O.C. Register columnist. The new Johnson and Johnson Covid vaccine will be available next week in California if all goes as planned. The latest on the vaccine rollout and outlook on the economic recovery discussed with Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. https://milkeninstitute.org/centers/fastercures Support the show: https://www.frankmottek.com

Mottek On Money Special Edition focused on Southern California real estate and an impressive turnaround for the stock market with the Dow erasing about a 360 point intraday loss. The latest S&P Corelogic Case-Shiller Home Price index shows continuing price gains for Los Angeles and San Diego. The latest real estate trends discussed with Dr. Frank Nothaft, Chief Economist, Corelogic and Jordan Levine, Chief Economist, California Association of Realtors. On commercial real estate, Spencer Levy, Chairman of Americas Research and Senior Economic Advisor, CBRE. Stocks stage a late rally following the latest comments from Fed Chairman Jerome Powell on Capitol Hill. Bitcoin slides from its recent high. Analysis of the markets from Art Hogan, Chief Market Strategist, National Securities.  Support the show: https://www.frankmottek.com

Another record shattering week for stocks and cryptocurrency Bitcoin which soared above $56,000. Mixed readings out on the pandemic ravaged economy including jobless claims up 13K to 861K. Retail sales jumped a better than expected 5.3% in January. L.A. area gas prices edge higher as a severe winter snow storm paralyzes the fuel industry in Texas sending oil above $60/barrel. Analysis of the markets, the economy and Bitcoin from Dr. Mohamed El-Erian, President, Queens' College, Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach and Kevin O'Leary a.k.a Mr. Wonderful on TV's Shark Tank, Chairman of O'Shares ETFs and Beanstox. Bill Allen, President/CEO, Los Angeles County Economic Development Corporation discusses the recent 2021 LAEDC Economic Forecast and discusses an upcoming event to guide people to community colleges in order to train for jobs that are in demand right now. www.laedc.org www.competitiveworkforce.la  Support the show: https://www.frankmottek.com