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Why the stock market may not see a Santa rally this year

We have seen a Santa rally, only this time Santa is Trump.  This rally has overheated and needs to cool off for a while.  It could still run up further until inauguration day, but after that it’s all about Trump’s policies.  Both Trump’s policies and the Fed’s own rate hikes could set this up for a pretty nice correction.  But then again, there are no real markets anymore and if they want Dow 20,000+ they will probably get it.

Why the stock market may not see a Santa rally this year

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