The Market Isn't Following The Classic January Script
When people talk about the "January effect" in the stock market, they are referring to any of four separate but overlapping things. One problem: Most of them aren't happening this year.
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When people talk about the "January effect" in the stock market, they are referring to any of four separate but overlapping things. One problem: Most of them aren't happening this year.
Central banks, especially China and Russia, are significantly increasing their gold reserves in anticipation of economic instability, inflation, and potential crises in the dollar and sovereign debt.
Where January goes, the stock market follows.
Where January goes, the stock market follows.
The January effect may have been a pronounced trend in the past, but in more recent years, it’s delivered diminishing returns.