On the SPOT blog (12/16/2022) [M..]
- Salyl Bhagwat
- Dec 16, 2022
- 2 min read
The onslaught continued from recession fears and all three major US indices finished the day in red. We'll have to see if markets are at a point where earnings drop for next year is factored in or bleed will continue. Next week is last week before Christmas so there might be some counting on a Santa rally. Personally, I think given the current risk level, the amount one would put in the market for Santa rally would be so low that it wouldn't matter whether there will be a Santa rally or not.
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