Investors should not wait for Santa Claus's rally this year

But on New Year's optimism actions of metallurgists and the export companies the Cost of the American actions often can grow up grows during New Year's holidays – during five last trading sessions of the expiring year and the two first sessions after. This phenomenon investors call Santa Claus's rally. For 70 years almost in 80% of cases the main benchmark of the American market, the S%26P index S&P Global Inc 500, was positive and grew on the average for 1,3%, the managing partner of Ritholtz Wealth Management Michael Batnik counted. Experts explain it with several factors: investment Christmas bonuses...