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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Nov 24, 1972
Page
11
Since 1949 the fourth quarter typically pushes stocks higher with November and December posting average gains of about 1.7 percent. Institutions shift portfolios and pension funds invest, while tax switching is often cited as a key factor. Yale Hirsch notes the Santa Claus rally often starts the day after Christmas and ends the day after New Year’s.
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