Mottek On Money Special Edition (Thursday, May 28th, 2020)

Mottek On Money
Thursday, May 28th
Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks stage an early rally in the face of more shocking numbers on the economy as investors appear to bet the worst of the coronavirus economic damage is behind us. Another 2.1 million people got into unemployment lines over the past week bringing the 10 week total to nearly 41 million. The early rally fizzed out as rising US China tensions took the spotlight over China's latest moves to crackdown on protestors in Hong Kong impacting Hong Kong's autonomy. The Dow came in for a closing loss of 148 points. Analysis of the markets and the economy from Art Hogan, Chief Market Strategist, National Securities and Economist Kevin Klowden, Executive Director of the Milken Institute's Center for Regional Economics and California Center. David Pillsbury, CEO, ClubCorp, including City Club Los Angeles discusses golf country clubs and business clubs starting to reopen, seeing increased demand following the crisis shutdowns,