Mottek On Money Special Edition (Wednesday, July 15th, 2020)

Mottek On Money with Frank Mottek
Wednesday, July 15th
Mottek On Money Special Edition covering Wall Street and Main Street in the coronavirus crisis: More pain on main street, especially in California where business reopenings were rolled back this week, and more cheers on Wall Street on positive news on possible coronavirus vaccines. The Dow came in for a closing gain of 227 points. Lucy Dunn, President and CEO of the Orange County Business Council https://www.ocbc.org/ updates challenges businesses are now facing, new help for struggling restaurants and the outlook for recovery. Spencer Levy, Chairman of Americas Research and Senior Economic Advisor for CBRE discusses the outlook for commercial real estate and releases CBRE's new Tech Talent survey. Economist Dr. Frank Nothaft, Chief Economist at Corelogic discusses an alarming uptick in residential mortgage delinquencies in the pandemic recession.
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