This post will be 99% anecdotal, 1% empirical, because I haven’t the time or energy to go dig up supporting data for what we all know: Most years, the market rips higher during the week between Christmas and New Year’s Eve and this one week run is commonly referred to as The Santa Claus Rally….
Stock Market
The Biggest Market Call of the Decade
Yes, I’m about to give props to Goldman. Deal with it. The single biggest, most profitable market call of the last decade was made in 2001 by economist Jim O’Neill, then working at none other than Goldman Sachs. The call was made in Global Economics Paper #66 aka “Building Better Global Economic BRICs” and it…
How the Stock Market is Like My 3 Year Old Daughter
I’m finding a great deal of similarity recently between the stock market and my 3 year old daughter. They both: Like shiny silver and gold things Throw tantrums when they don’t get what they want (low interest rates, lollypops etc.) Are easily bored, always in search of new toys/games Usually take a nap between noon…
