These Five Charts Throw Cold Water on Chances of Santa Rally
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With investors primed for a year-end rally in risk assets -- courtesy of a vaccine rollout and the chance of a stimulus breakthrough in Washington -- a number of warning signs are flashing that the record-breaking U.S. equity run is overextended.
Here’s a look at five that suggest a so-called Santa Claus stock rally in December may not be so easy to come by: