Tag: USD gold

(31 December 2023)  US stocks finished the year on a winning note as the Santa Claus rally delivered modest gains in the absence of any clearly negative developments.  The S&P 500 added just 15 points on the week to 4769 while the Nasdaq-100 closed out the year at a record high 16,825.  This bullish outcome was unexpected as I thought the midweek Mercury-Mars conjunction might have generated some selling despite the underlying bullish influence of the approaching Jupiter station on Dec 30. With inflation continuing to moderate going into 2024,...