As the diary fills with festive appointments, good food and good wine, it reminds me why I like this time of year. Home renovations (a new deck) are nearing completion. A trip to Asia is booked. And I have my second warm Christmas in years — as opposed to the hibernations of Europe.
The ‘Santa Claus Rally’ usually hits the markets from mid-to-late December through to early January. Stocks often go up. And there are several explanations for it…
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Simon is the Chief Executive Officer and Publisher at Wealth Morning. He has been investing in the markets since he was 17. He recently spent a couple of years working in the hedge-fund industry in Europe. Before this, he owned an award-winning professional-services business and online-learning company in Auckland for 20 years. He has completed the Certificate in Discretionary Investment Management from the Personal Finance Society (UK), has written a bestselling book, and manages global share portfolios.