Fidelity’s Market Week: November ends the seven-month run and examines the Santa Rally and the case for diversification

Improved odds for an end-of-the-year rally

”Buy on the Dip” is Back, baby! What other conclusion would you expect investors and traders to draw from the last month? Especially since the longer term record of this market has conditioned them to buy whenever the market dips by 5%. So far, this rally has traced out the perfect “Buy on the Dip."

Fidelity’s Market Week: November ends the seven-month run and examines the Santa Rally and the case for diversification

November ends a seven-month run for global shares as investors reassess AI valuations and interest-rate expectations. Despite a soft start to December, history suggests the Santa Rally could still deliver year-end gains, while stabilising markets and improving earnings forecasts underscore the growing importance of diversification. Tom Stevenson, Investment Director, Fidelity International comments on what’s driving markets this week: “The MSCI …