Money with Murphy: Santa Claus Rally Comes Ahead of Schedule | Pacific Wealth Planning
Money with Murphy: Santa Claus Rally Comes Ahead of Schedule
While not true with every turn of the calendar, September tends to have the worst equity returns and October tends to witness more market bottoms than any other month. The good news is that those disappointing returns are often followed by a more positive experience often referred to as the “Santa Claus Rally.” This year, holiday festivities appear to be starting a little early. Watch this week’s Money with Murphy to learn what brought Santa Claus to town ahead of schedule and whether he is likely to stick around.