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'I'm a stubborn bull,' Blackstone's Joe Zidle sees Santa Claus rally rising from market wreckage

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Self-proclaimed 'stubborn bull' sees Santa Claus rally wiping out market losses

 

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U.S. Stocks Need a Santa Claus Rally to Avoid a Losing YearInvestors hoping to avoid the first annual decline for major U.S. stock indexes since 2015 are dreaming of a Santa Claus rally. I had to triple check that this wasn’t a headline for the onion. Kinda sucks when a bunch of stocks propped up by government handouts crumble leaving only those businesses that were economically viable around. The headline should be: Major bubble burst avoided as overvalued companies deflate after government backing evaporates.
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Will Santa deliver a stock market rally or pile of coal during worse December since 1931?The 'Santa Claus Rally,' the typical year-end stock surge, may not deliver in 2018. Too many worries persist on Wall Street. May not? Who writes this huh merry christmas
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