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Mark Hulbert: Why A ‘Santa Claus Rally’ For Stocks Is No More Real Than Kris Kringle Himself
FYI: Yes, stock investors, there is no “Santa Claus rally.”
Don’t tell that to Wall Street though, where talking heads already have started dangling the prospect of such a rally in front of clients. They’re just as shameless as the retailers who start Christmas sales earlier and earlier every year.
