Money Fact

Money Fact: The Santa Claus Rally


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Stock markets tend to jump in value during the last week of December and into the first two trading days of the new year. This phenomenon is called the Santa Claus Rally. And it’s happened nearly 80% of the time for the S&P 500 since 1928. Will we see one this year? Or have we been on Santa’s naughty list? 

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Money FactBy MONEY FM 89.3