Deck the halls, because it’s the most wonderful time of the year – on Wall Street.
Well, that would most likely depend on who you’re talking to, and whether you’re steering the conversation in a direction towards bullish sentiments over the ever-fantasized Santa Rally that makes an appearance once a year.
Fund managers and investors are hopeful that the upcoming month and early days of January could provide them with a major upside, as they shrug off earlier losses and navigate the potential hard realities of investing in a market fraught with stick inflation, high-interest rates, and under-valued stocks.
(more…)