“Historically today is the day the Santa Claus rally starts. It worked even during 2007-2009. So it is hard to doubt..” tweeted Jim Cramer.
A user responded back “Historically you didn’t have a new covid variant spreading like there’s no tomorrow, vaccine-hesitancy at record levels, the Fed tapering faster with potentially 3 interest rate hikes leading to a recession!”
Some tweets were more skeptical, with one showing a chart trying to debunk the rally.
A user responded: “This is actually worse then finding out Santa is not real for the first time”
So put your milk and cookies out, write Santa a nice note and let’s hope he blesses us all with prosperity this Christmas and into 2022!