Business
Another record shattering week for stocks and cryptocurrencies on signs the economy is on a roll continuing the recovery from the pandemic recession. The Dow ended the week at 34,201 after ending above 34K for the first time on Thursday. Bitcoin saw a record shattering week moving above 64K as the crypto exchange Coinbase made its Wall Street Debut. Analysis of the markets and the economy with Dr. Mohamed El-Erian, President, Queens College Cambridge, Chief Economic Advisor, Allianz, former PIMCO CEO in Newport Beach. Scott Minerd, Global Chief Investment Officer, Guggenheim Investments, discusses the latest action on Wall Street and continued despair on parts of Main Street as L.A's homeless population continues to rise. He is leading the business community in supporting the Union Rescue Mission and its Angels of Hope fundraising telethon. More info here: www.URG.org Economist Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center has an update on vaccine distributions and the impact of the pause on the Johnson and Johnson vaccine plus the announcement that the Milken Institute Global Conference will be held in person again in Beverly Hills later this year. Kevin O'Leary, a.k.a. Mr. Wonderful on Shark Tank, Chairman of O'Shares ETFs and Beanstox provides his insights on the markets, the economy and cryptocurrencies. Support the show: https://www.frankmottek.com See omnystudio.com/listener for privacy information.