An Inflation Reading to (Potentially) Kill the Santa Rally: Daily Contrarian, Dec. 23

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An Inflation Reading to (Potentially) Kill the Santa Rally: Daily Contrarian, Dec. 23

Today’s PCE report could put an end to the Santa Rally just as it’s getting started…

Dec 23, 2021

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Good morning contrarians!

Stock futures are up a bit as of 0635. Small caps are leading the way with the Russell 2000 up 0.6%. S&P 500, Dow Industrials, and Nasdaq all up about 0.2% to 0.3%. Bonds are…

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