Santa Claus Rally: Why Markets Are Poised for a Strong Finish
The global bull market is thriving, with the anticipated Santa Claus rally on the horizon, fueled by robust U.S. economic growth, resilient consumer spending, and record-breaking holiday forecasts. Despite geopolitical uncertainties, optimism reigns as mega-cap tech companies continue to dominate, and investor confidence soars. With Federal Reserve rate cuts expected and seasonal tailwinds in play, the market is primed for a strong finish to 2024.