Reported 1 day ago
Analysts are hopeful for a traditional 'Santa Claus rally' in December, a period that historically brings gains in the stock market. However, recent Federal Reserve decisions have caused concern, leading many to question if this year’s performance can rebound from recent downturns. While December usually sees muted trading due to the holidays, it's also a time when investors often invest year-end bonuses and manage taxes, contributing to potential stock gains. Yet, past instances of missing the rally have signaled troubling economic times ahead, raising caution among traders.
Source: YAHOO