In my opinion, the necessary fuel for a gap-up and Santa Rally is for the FOMC's overall communication to be less hawkish than the prevailing cautious market consensus anticipates. If the 2026 dots confirm a sustained, multi-year easing path, the risk-on environment will be reinforced, leading to a strong finish for the year.
S&P 500 Record Highs! Will Santa Rally Extend into January?
S&P 500 sets 39th record highs at 6927.
Will the santa rally last till January?
Would you go long for calendar effect?
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