Mottek On Money Special Edition (March 18th, 2020)

Share:

Listens: 0

Mottek On Money

Business


Mottek On Money Special Edition: Coronavirus Crisis Bear Market. Stocks slide as global economic activity slows or shuts down in the face of the corona virus crisis. The Dow comes in for a closing loss of 1,338 points to 18,899 touching the lowest seen since December 2016. All this as the White House, Fed, Treasury Department and congress announce extraordinary plans to soothe markets and try to blunt the coronavirus' economic impact. Oil takes a one day plunge of 24%, closing down $6.58 to $20.37/barrel, the lowest seen since 2002. Guests include Art Hogan, Chief Market Strategist, National Securities and John Kilduff, oil analyst, Again Capital and CNBC contributor.Support the show.