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Santa Claus Rally?
In the spirit of the holidays, Chris Boyd and Jeff Perry explore the stock market hopes for a "Santa Claus Rally." The two discuss how and when the concept of a Santa Claus rally started and whether it is a valid market indicator. Chris and Jeff go on to review other frequently discussed times that markets are expected to move higher, including the "January effect" and during years of a Presidential election. Jeff suggests that the recent increases in the stock market are connected to a change in the tone for interest rates by the Federal Reserve.
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