Punk Rock WeeklyTue December 24, 2024Why Markets Are Poised for a Bullish FinishThe Santa Claus rally, a phenomenon observed by Yale Hirsch, highlights the market’s tendency to perform well during the last five trading days of December and the first two of January. This year, historical data, robust holiday spending, and a post-Powell volatility collapse point to a strong rally. While consumer sentiment shows mixed signals, economic data and wage growth underpin optimism.
FreePunk Rock WeeklySat August 24, 2024Powell Sticks The Soft LandingJay Powell’s Jackson Hole speech signaled a strong dovish shift, opening the door to potential rate cuts in September. This move is highly bullish for markets, especially with Q2 earnings showing 13.3% growth. As the Fed begins easing, the stage is set for a potential market rally in the year’s final quarter.