- At the end of the year, all eyes are watching for a so-called Santa Claus rally that could push markets to new record highs.
- The period in question is the final five trading days of the year, combined with the first two of the next.
- That span has historically seen an average cumulative return of 1.4% since 1969, according to the Stock Trader’s Almanac.
- “A Santa Claus rally remains possible, despite volatility at the start of the month,” Brad McMillan, chief investment officer at Commonwealth Financial Network, wrote in a recent client note.
- on Business Insider.
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