Mastering Money 12/23/20


Manage episode 280776376 series 1129321
By IQ Wealth Management and Steve Jurich. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Is the “Santa Claus rally” real—and does it apply to crazy, zany years like 2020? In the investing world, the uptick in stock market performance at the end of most years is commonly referred to as the "Santa Claus" rally, often bringing investors jolly gains. It is typically followed by what is known as the "January Effect." But will Santa visit THIS year, and if he does, how many "goodies" will leave us? There are numerous explanations for the causes of a Santa Claus rally including estate tax considerations, a general feeling of optimism on Wall Street because the Fed is keeping rates low, and the investing of holiday bonuses. But are the stars lining up this year? We have a full report for you today, and then Health Insurance expert Shelley Grandidge joins us. A fact filled and entertaining show you don't want to miss...MASTERING MONEY is on the air!!!

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