Mottek On Money (August 10th, 2019)

Mottek On Money
Monday, August 12th
Stocks take a roller coaster ride including the biggest one day drop of the year. U.S. China trade tensions weigh on the financial markets. President Trump says trade talks with China, set for next month, might not happen. The U.S. labels China a currency manipulator after China lowers its exchange rate versus the U.S. Dollar. Art Hogan, Chief Market Strategist, National Securities and Peter Schiff, President of Euro Pacific Capital provide market analysis. Mortgage rates slide to the lowest seen in three years. Two prominent speakers forums in Los Angeles, Town Hall LA and the LA World Affairs Council, have announced plans to merge.