A Year On, Markets No Longer Haunted By Ghost Of 2018 Christmas Massacre

Nine sessions, eight gains for the S&P. Another day, another record high for US equities. And a partridge in a pear tree. This is shaping up to be a much merrier Christmas for investors than 2018's holiday bloodbath. Sunday marked the one-year anniversary of Steve Mnuchin's infamous "liquidity" check calls to Wall Street. "The CEOs confirmed that they have ample liquidity for lending to consumer, business markets and all other market operations", Mnuchin proudly declared, in a totally