The Santa Claus Rally’s Here. Why Advisors Are Channeling Their Inner Scrooge

Santa’s sleigh may be packed, but the elves in the air traffic control tower are calling for turbulence. The so-called Santa Claus rally begins tomorrow and has been linked to a surge in stock prices during the last five trading days of December and the first two in January. For investors, it has literally been the gift that keeps on giving. Since 1969, the S&P 500 gained an average of 1.2% during this seven-day window, according to Forbes. But, many financial advisors are channeling vibes more akin to Eb ...