Quick Anatomy Of A Crash-Down
Equities headed into the back half of December riding a seven-week melt-up.
That alone is enough to suggest stocks are due for a breather. Seven weeks is a long time, after all. Almost two months I'm told. If you're a dog, and you're less than one in human years, the current equity rally is more than two years old on your time.
So, it wouldn't be terribly surprising if the Santa rally stalled this week ahead of Santa's annual world tour. Or next week, when Americans will make all kinds of prom