NEW YORK - A year after the U.S. stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the stage for a rally to finish off 2019.
Another change from a year ago, cited by investors: Stock markets globally are more synchronized in their strong performance. “It’s in the back of everyone’s mind. We’re all worried if there’s going to be another big selloff in December,” said Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina.
With stock performance at the very end of the year, there is often more at stake than just feeling good around the holidays.
🙏
Or a Santa Claus massacre... after all, little Johnny hasn't been very good this year, has he?
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