The ones that go up all the time and barely ever go down on rare occasion when theres a marketwide pullback like we had this morning s p edging up, nasdaq gaining 3. 7 from a very ugly opening. You have to buy these up stocks. Buy, buy, buy, buy, buy hanover fist. In a market like this one that has a hard time staying down to begin with, even with a weak jobs number or a president that seems determined to overturn the election, hes not going anywhere, the up stocks just wont quit back at my hedge fund where i compounded 14 for 14 years id sit down with my staff and say, okay, give me your best stocks, the up stocks, the ones that never seem to go down. I want the unstoppable ones. I dont even want to know what they do, i just want them the staff would be incredulous there would always be a young whipper snapper saying, whats an up stock . Thats not our usual methodology. I adopted a no more mr. Nice guy attitude, like id ever been nice so i just demanded they give me their up stocks or
Narrator in the fall of 2011, as autumn leaves begin to warm the landscape of the picturesque town of dixon, illinois, a cold reality is taking hold. The city was drowning in debt. There were streets that went unpaved, there were sidewalks that went, you know, unfixed because the city, as they believed, had no money to take care of those sorts of things. Narrator dixon mayor jim burke hears the message of distress year after year from the city official pulling dixons Purse Strings comptroller Rita Crundwell. She would present the figures for the annual budget workshop and would show that it was gonna be nip and tuck because of the financial situation. Narrator but this fall, crundwell is taking Vacation Time to prepare for a quarter horse exhibition. Shes hoping to add to her already extensive collection of trophies as a World Champion showhorse breeder and exhibitor. Back in dixon, however, the woman filling in for crundwell goes through the citys financials and uncovers a mysterious
The president and the first lady and rnc chairwoman Ronna Mcdaniel and we just learned about senator mike lee and all of this started with hope pics, the mike Lee Development that we are indicating, he sits on the Judiciary Committee, a number of democrats have been calling for delaying the confirmation hearing or knocking altogether as a result of this, we do know that judge barrett has already tested negative but again the news only is going to prompt more calls for him to be tested yet again, among those who have been testing negative besides the judge wilbur ross, the secretary negative, Steven Mnuchin, the treasury secretary, negative, alex azar the health and Human Services secretary, negative, yvonne cattrall, mark meadows, the chief of staff, negative, secretary of state, mike pompeo, negative, the defense secretary, mike esper, negative, bill barr, the attorney general, that was known yesterday, negative, the widespread Contact Tracing to get to the bottom of anyone who was 50
Strong gains and this morning you will see that there are green arrows once again, the dow indicated up by about 88, s p by about 9 1 2 and the nasdaq indicated up by 48 points if you watched what happened in the treasury markets, we did get a lot of fed speak and it sounds like there is a little bit of confusion. You can see the ten year note has ticked up a little bit, 0. 769 is the latest yield andrew and lets take a quick look at the dow transports, gaining another 2. 5 yesterday, also hitting a record high, the two as to beings to watch this morning, eli lilly and he regeneron both big winners on Covid Treatment hopes. And President Trump touting both of those in a video that he released over twitter late yesterday. Well tuck a lalk more about th. But also take a look at shares of tesla, new Street Research upgrading that Company Stock to a buy saying that to sees a decade of hyper growth ahead, this call makes the firm the second highest priced target on the street so in lead wit
Poweris more left promises. Longerterm there is uncertainty. And how these actions will affect real people and real purchases and real jobs. Bornhe new economy is from the crisis but it could leave some markers behind. Moreneed to think creatively about inclusion in the workforce. There is a discussion from the decisions made during the crisis and the longerterm ramifications. Get a lot of this can theoretical the connection between the fed approach and the framework and what actually happens in the real economy. Lets first talk a little bit more about these projections for the Federal Reserve. I think one of the key things is, you know, look, there is improvement. Byy see gdp only shrinking 3. 7 , they see unemployment at 7. 6 is sent, extremely elevated we were at 3. 5 going into the crisis most importantly there, inflation still nowhere near their goals. That is a big part of the reason and i think, romaine, youll be looking at why they see themselves at the factor zero rates for se