Market Views: What presents will a Santa Claus equity rally bring?
The end of the year has an ability to stir up equity markets in a positive way. AsianInvestor asks asset managers what sectors and themes are likely to see action in the festive season.
2023 is drawing to a close and it is finally, the season to be jolly.
Hopefully the infectious enthusiasm of the season will spread to stock markets.
A trend of sustained market rallies in the last few trading days around Christmas and into the first two to three days of the New Year, has led to the concept of a Santa Claus rally among investors.
Several theories abound to explain this trend - increased holiday shopping, holiday bonuses, end-of-year tax considerations, a festi…
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