One of the better anomalies is about to occur, the so-called January Effect in financial markets. Back in the day, stocks would jump in the first 3-4 days of January as the depressed prices from the end-of-year selloff would rebound. Of course, as people became savvy about it, the effect shifted a bit to December (the so-called Santa Claus rally), but still, it’s one of those funny plate tectonics where institutional effects (US tax law) meets individual psychology (optimistic January) meets collective social practice (being on vacation for the New Year holiday).
Happy January Effect.
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