Authored by Peter Tchir via Academy Securities,

2025 Will Be...

A week ago, who would have thought that there would be anything interesting to write about concerning markets on December 29th? A short trading week in the U.S. and an even shorter one in Europe. Even Academy guest hosting Bloomberg TV (first hour) seemed unlikely to move markets.

Everyone seemed pretty settled in for the Santa rally, which was delivered last Friday, Monday, and Tuesday. But a funny thing happened on the way to cruising through to the new year – a solid 1% loss on Friday for the S&P 500 and Nasdaq 100.