Markets are poised for 'Santa rally' and 'January effect'

Markets are poised for the Santa rally and January effect. Also in today's Breakfast with Benjamin: Cyber Monday becomes Cyber Week, global factory growth, CEO pay and stock performance, and financing 'The Twelve Days of Christmas.'
DEC 02, 2013
Two major seasonal trends are bearing down on the market. 'Santa Claus rally' meets 'January effect' Even after a Black Friday that started on Thursday this year, retailers are pulling out all stops for Cyber Monday. Welcome to Cyber Week The lousy employment recovery has been no match for the boundless enthusiasm of equity investors. Shrugging off the weakest jobs recovery in seven decades Global factory growth was up in November, but some eurozone nations are not keeping pace. Renewed downturn in France and Spain Measuring the impact of lower CEO pay against stock performance. Stocks with a lower pay gap Financing 'The Twelve Days of Christmas' in 2013 will cost you $27,393.17 this year, up $1.92 from last year. Maids-a-Milking for $7.25 an hour Then, of course, there are 'The 12 vodkas of Christmas.' Carrot vodka for the reindeer in the group

Latest News

Trump to name new Fed governor, jobs data head in coming days
Trump to name new Fed governor, jobs data head in coming days

President says he has a ‘couple of people in mind’ for central bank role.

JPMorgan’s asset management arm targets Europe retail investors in active ETF tie-up
JPMorgan’s asset management arm targets Europe retail investors in active ETF tie-up

Wall Street firm partners with Dutch online broker to fuel push into EU market.

UBS to settle outstanding Credit Suisse RMBS case with $300M payment
UBS to settle outstanding Credit Suisse RMBS case with $300M payment

Agreement with the US Department of Justice comes eight years after settlement.

GeoWealth secures $38M in funding round led by major alternative investment manager
GeoWealth secures $38M in funding round led by major alternative investment manager

Series C funding will accelerate unification of TAMP’s model portfolios.

No succession plan? No worries. Just practice in place
No succession plan? No worries. Just practice in place

While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.