As the diary fills with festive appointments, good food and good wine, it reminds me why I like this time of year. Home renovations (a new deck) are nearing completion. A trip to Asia is booked. And I have my second warm Christmas in years — as opposed to the hibernations of Europe.

The ‘Santa Claus Rally’ usually hits the markets from mid-to-late December through to early January. Stocks often go up. And there are several explanations for it…

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