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Yes, Virginia, there's a 79% chance 'Santa Rally' is real

Investors have begun to expect a surge in shares in the run-up to Christmas. A look back at three decades of data explains why.

There is, perhaps, more goodwill cheer in the markets due to the holiday season, causing investors to buy more than sell.

STOCK markets have risen in 79 per cent of Decembers over the last three decades, adding some substance to the myth of the "Santa Rally", Schroders research has found.

The "Santa Rally" is a supposed effect of the Christmas feel-good factor, helping stock markets rise at the end of the...

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