Mottek On Money Special Edition (Monday, April 6th, 2020)

Mottek On Money
Monday, April 6th
Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Financial markets rally on hope the coronavirus pandemic is starting to stabilize in some places around the world, including New York.  With most of the global economy still shutdown and unemployment seeing a severe spike higher, stocks rallied on hope there's light at the end of the tunnel. The Dow came in for a closing gain of 1,627 points to settle at 22,680, a gain of nearly 8%. Market analysis from Jim Hausberg, Managing Director, Partner, HighTower Advisors, Los Angeles. Bill Allen, President and CEO of the Los Angeles County Economic Development Corporation, discusses the LAEDC's response to the crisis and the resources available at to help local businesses make it through this unprecedented time.