Earlier this year, the House of Representatives passed a follow-up bill to the SECURE ACT – the SECURE Act 2.0 – on a nearly unanimous vote. Then in June, the Senate advanced two different pieces of similar legislation that have not yet gained final Senate approval – and time is running out before Congress adjourns for the year.
Continue readingWill 2022 See a Santa Rally or a Grinch Collapse?
Back in 1972, Yale Hirsch of the Stock Trader’s Almanac proposed the existence of the Santa Rally – and it’s been a constant source of eggnog-fueled debate for decades.
The Santa Rally refers to the general tendency of the U.S. equity markets to post gains in trading days between Christmas and the first two days after New Year’s, but has recently been extended to include the entire month of December.
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