🚨 Analyst Warning: This year's 'Santa Rally' may be absent, as investors are buying more downside protection
The 'Santa Rally' is usually one of the most popular traditions on Wall Street
After Thanksgiving, U.S. stocks often slowly rise, and volatility decreases
December is also often one of the strongest months of the year
But strategists say that this year, this 'Santa Claus' may not show up
The head of derivatives strategy at Royal Bank of Canada Capital Markets, Silverman, said:
"I don't know if we will see a 'Santa Rally', but we will definitely
encounter another volatility 'pit', or say a volatility rebound."
She pointed out that bearish sentiment in the options market has increased, and investors are buying more downside protection
Schwab Asset Management CEO Aguilar stated:
"We see a lot of dispersion and differences in many things. After the government shutdown,
the arrival of new macro data has not been balanced
and there are early signs of rotation among industry leaders."
