Will There Be a “Santa Claus Rally” in 2025?
Every December, traders ask whether we will see a “Santa Claus Rally” in the stock market In this article, I define exactly a Santa Claus Rally, then test almost a century of S&P 500 Index performance to check for both historic and recent outperformance. December outperformance has disappeared over the past 20 years, but bullish momentum still suggests a rising stock market in December 2025, even if Santa doesn’t show up.
