Skip to Content
scroll

Thoughts post a Christmas rally?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

The Latest Q&A

Question asked

Thoughts post a Christmas rally?

Hi, As you are believing there is to be a rally into christmas, what are your thoughts on the period after the festive season? Twitter has just retrenched some staff do you see this as the start of a pattern for other companies to follow. Keep up the good work Cheers

Answer

Hi Peter,

Thank you for the thumbs up, much appreciated.

The likes of Twitter, Lyft, Meta & Stripe to name a few have already started layoffs to prepare for uncertain conditions next year, we expect more to follow suit as the recession fear grows/ kicks in. At that stage we believe markets could easily break the lows of 2022 at some point next year i.e. we are very cautious about what comes next despite being bulls at the moment.

At this stage MM simply intends to remain flexible and openminded, we can see ourselves migrating back down the risk curve if equities continue their charge higher in to Christmas.

 

chart
image description
ASX200 Monthly
image description

Relevant suggested news and content from the site

Back to top