Name: Goldman: ‘Low Probability’ of a Santa Claus Rally in ‘Terrible Market Backdrop’
Uploaded: 2025-12-03T15:22:57.73-06:00
Duration: 6 min 54 s

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Gene Goldman sees a low probability of a Santa Claus rally this year, arguing that “we have a terrible market backdrop” as Bitcoin drives markets lower, the Fed turns hawkish, and inflation persists. He sees “very little room for multiple expansion” and thinks that 2026 returns will only be in the single digits. However, Gene expects AI and technology to remain bullish. Another favored sector is healthcare.

Goldman: ‘Low Probability’ of a Santa Claus Rally in ‘Terrible Market Backdrop’

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