European Markets' December Rally: Fact or Fiction?

Decembers Santa Claus Rally in European stock markets, a consistent pattern since 1987, sees an average gain of nearly two percent in the EURO STOXX fifty, with a seventy-one percent win rate. Germanys DAX and Frances CAC forty also show strong performance, with average gains of over two percent and one point five seven percent respectively. This momentum builds in the second half of the month, with the EURO STOXX fifty rising seventy-six percent of the time from December fifteenth to year-end. The rally is driven by fund managers making final portfolio adjustments, often leading to increased buying, especially of stocks expected to perform well in the short term.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.