According to stock market statisticians, the S&P 500 stock index historically makes an average of 1.3 to 1.4 percent gains during the last five days of December and the first two days of January. The so-called Santa Clause rally has happened nearly 80 percent of the time, with analysts attributing the shift to seasonal enthusiasm, lower volume and more retail investor influence. The rally is also said to coincide with a positive market outcome in the coming year, with a market downturn over the holiday also predicting the coming year. All three major stock indices closed down today and are trading negative thus far over this Christmas period. Conversely, the major banks and various investment shops are said to be optimistic that t...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.