It’s been a turbulent week around the world, between plunging oil prices, a swinging ruble, and signs from the U.S. Fed of an earlier than expected rate hike. There’s more where that came from this morning, as an early, Fed-fuelled “Santa Rally” continues in Asia and Europe, and the ruble vacillates in the wake of a combative annual presser from Vladimir Putin. If you’re feeling out of breath, just hope for a quieter Christmas. Happy Friday!
The Day Ahead
The market rally continued yesterday, with the S&P 500 locking in it’s biggest gain in almost two years, while the Dow rose more …read more
Source: Macleans
