Debunking Santa Claus Rally Myth in Stock Market

Santa Claus Rally in the stock market may not be as magical as it seems. Recent market activity, following the Federal Reserves interest rate cut, appears to be a typical response to economic news, not a holiday boost. Historically, the odds of the stock market rallying before Christmas are no better than any other time of the year. The Santa Claus rally is often attributed to the end of tax-loss selling, not holiday cheer. Precise analysis is crucial in understanding market trends.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.