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The financial markets have started like a rocket this year. The main global indices have incredible resilience through the current pandemic and political turmoil. The German Stock index (DAX30) started this year up 80 per cent from its March 2020 low. The US NASDAQ closed off last year with a gain of 43.64 per cent and since the opening of 2021 all the main US indices (Dow Jones, S&P500, NASDAQ) keep relentlessly printing new all-time highs.
Some of the strongest performing global stocks continue to be those that are servicing the needs of a planet in lockdown. For example, ZOOM (ZM), a video communications company that has kept the world connected and has benefitted from a 2020 share price increase of 396%. Peloton (PTON) brought health and fitness into the planet’s living rooms and was rewarded with a 434% increase.
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