Business
Mottek On Money Special Edition covering Wall Street and Main Street during the coronavirus crisis: Just another manic Tuesday for the stock market coming off a three day holiday weekend. Tech stocks led the sell off with the Nasdaq now seeing its fastest ever correction, again, for the second time this year, pulling back 10%+ from its most recent all time high. The Dow dropped 632 points. The SP500 gave back 95 and the Nasdaq closed down 465, both pulling back for the third session in a row from record highs. Analysis from Art Hogan, Chief Market Strategist, National Securities. Serious mortgage delinquencies spike nationwide. The latest report directly from economist Dr. Frank Nothaft, Chief Economist, Corelogic for our Frank discussion on real estate and the mortgage business. Reaction and the latest on rates from Jeff Lazerson, President, MortgageGrader.com and OC Register columnist. Support the show: https://www.frankmottek.com See omnystudio.com/policies/listener for privacy information.