Mottek On Money Special Edition (April 1st, 2020)

Mottek On Money
Wednesday, April 1st
Mottek On Money Special Edition -Coronavirus Crisis Bear Market: Stocks kick off the month of April and the second quarter of 2020 with a pull back on the latest coronavirus news including the official estimate that the pandemic's death toll could reach at least 100,000 in the U.S. More ominous readings on jobs, real estate and manufacturing as the coronvirus shutdowns continue with no firm end in sight. The Dow came in for a closing loss of nearly 1,000 points coming off the worst first quarter for the Dow in market history. The markets and the economy discussed with market veteran Hugh Johnson, Chairman and Chief Investment Officer, Hugh Johnson Advisors. Small business owners struggle during the coronavirus crisis, even those deemed essential. The situation facing many business owners discussed with long time Southern California business owner Mike Diamond, owner, Mike Diamond Plumbing.