A fine way to start the year - SO THE Santa rally didnt - TopicsExpress

A fine way to start the year - SO THE Santa rally didnt materialise, with 47 out of 48 stockmarkets falling on the month according to S&P (New Zealand was the exception), and the January effect doesnt look like its going to appear either. Equity markets fell sharply on Monday and are looking weak again today. As James Mackintosh points out in the FT, there is a remarkable relationship between the first days trading in a calendar year and the returns for the whole ... ow.ly/2SXzOZ

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