Around this time of year there is always a bit of chatter regarding a Christmas rally, so instead of relying on myth and hyperbole as most of the financial community do I thought I would fire up excel and have a look. The table below is of the average percentage gain for each month going back 30 years.
It seems that most markets do indeed enjoy a lift in December. However, the thing that interested me about this data was the bump in the middle of the year for the Nikkei – I am not certain why this is so.
