Reported 4 days ago
Investors are hopeful for a Santa Claus rally as the year approaches its end, but a negative return may indicate low expectations for 2025. LPL Financial's Adam Turnquist discusses this trend, noting that a successful Santa Claus rally typically leads to positive January returns. He predicts 'pragmatic optimism' will set the tone for 2025, forecasting a return to normal volatility and average stock performance, with the S&P 500 expected to see high single-digit returns.
Source: YAHOO