Mottek On Money Special Edition (Thursday, May 21st, 2020)

Mottek On Money
Thursday, May 21st
Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks slip in the face of more tough news on the main street economy including another 2 million + surge in jobless claims over the past week, more retailers announcing store closings, U.S. China tensions flaring and slower than expected progress on reopening the economy. The Dow came in for a closing loss of 102 points. Analysis and outlook from economist Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center. The price of oil hits a six week high and is now up 80 percent this month impacting investors and consumers. The latest news in the energy sector discussed with John Kilduff, oil analyst, Again Capital and CNBC contributor.
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