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
Is for. Beethoven is for cars. Is for. Beethoven 2020 the 250th anniversary here on new. The uncertainty continues but investors seem to have place to their baggage stops again in shop me from wall street to hong kong as joe biden looks on course to win the us president ial election also coming up the Worlds Largest i. P. O. Was cute today but to beijing pulled to the pluck at very short notice whats behind this move we go to our correspondent in tie pete for. Hello and welcome to your business on one of the johns and good to have you with us so asian markets advanced as democratic challenger joe biden led to donald trump and republicans looked said to hold on to their majority in the Senate Analysts believe a divided u. S. Government would make tax increases and tighter regulations on business unlikely but im saying in Hong Kong Rose more than 2. 7 percent while the nikkei index in tokyo gained more than one percent investors hope they will beat a new rescue package in the u. S. Soon
A look at the markets which reflect the dynamics of the u. S. Election asian share scaled a mere 3 year peak as democratic challenger joe biden picked up wins in some closely 4 states and republicans looked set to hold onto their majority in the senate because analysts believe a divided u. S. Government would make tax increases and tighter regulations on business unlikely but lets keep in mind this still counting votes in the United States. Because the uncertainty continues its time to cross over now to our Financial Market correspondent rhonda bruson who keeps an eye on the Trading Floor in frankfurt for us chrono hows the day unfolding in europe. Well i can show you the uncertainty it looks like this its a very jittery sideways german share index dax today of course everyone here continues to discuss what to expect from the United States very slowly also a few european factors are shifting back into focus for example german factory orders which have increased since september which gi
Gears today the future. Dot com. Click turn. Theyre still counting all the election votes in the United States markets from wall street to hong kong seem able to smell of victory they like. Also coming up the Worlds Largest i. P. O. Was a jew today but beijing brought it to a grinding halt at very short notice we take a look at what happened to the 37000000000. 00 and group listing. And kenya seeks a friendlier repayment terms for a. Annis loan used to finance a Railway Construction project. Welcome to d. W. Business im joined on in berlin thanks for joining us now markets may despise uncertainty but theyve been taking election variability on the chin quite well even the Dow Jones Industrial average climbed 1. 27 percent right at the opening on thursday asian shares a scaled near 3 year peak after a Democrat Joe Biden picked up wins in some closely fought states and great publicans looks set to hold on to their majority in the Senate Analysts are calling it the goldilocks gridlock or t
Declared a state of emergency for 6 months well that has led to outrage in some places like madrid where people rioted against the measures these include a nighttime curfew and in some areas the closure of restaurants bars and shopping malls well their anger is mixed with fear for those struggling to get by the future looks bleak residents in cities like barcelona were already struggling with unemployment and high rents since the economic crisis a decade ago and the pandemic has only exacerbated their worries grasso martinez is a bailiff who carries out evictions its a job that can be both emotionally taxing and dangerous. Really hes a bearer of bad news. We have a Court Warrant that will you open up. Some martinez works in barcelonas last detail at area his job is to people the coronavirus pandemic is a busy time for him more and more people slip into poverty and can no longer pay their rent we have a court ruling you have to leave today. Why were we told. Leaf im here now you must ha