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Christmas Greetings from Charleston

  • Writer: Stephen H Akin
    Stephen H Akin
  • Dec 17, 2024
  • 2 min read

A record inflow of funds is fueling this years Santa Clause Rally

Christmas Bow on Lamp in Charleston, SC
Merry Christmas from Charleston

A record inflow of funds is fueling this years Santa Clause Rally

Wall Street in the snow with Christmas Tree
If Santa Clause Fails to Call, Bears may come to Broad and Wall

The Santa Rally is a fascinating mix of tradition, psychology, and market mechanics.



While it’s fun to believe in a market jolly, it’s better to stay prepared for anything out of the ordinary.



A record inflow of funds is fueling this years Santa Clause Rally...

picture of chart of cash inflow into the US Stock Market
Akin Investments, "Solutions for a Complex World"
 

Here's a quote from: "The Great Gatsby"

photo of f scott fitzgeralds great gatsby book
A Quote from F. Scott Fitzgerald
photo of art deco design
Merry Christmas from Charleston

“One of my most vivid memories is of coming back West from prep school and later from college at Christmas time. Those who went farther than Chicago would gather in the old dim Union Station at six o’clock of a December evening, with a few Chicago friends, already caught up into their own holiday gayeties, to bid them a hasty good-by.


I remember the fur coats of the girls returning from Miss This-or-that’s and the chatter of frozen breath and the hands waving overhead as we caught sight of old acquaintances, and the matchings of invitations: “Are you going to the Ordways’? the Herseys’? the Schultzes’?” and the long green tickets clasped tight in our gloved hands. And last the murky yellow cars of the Chicago, Milwaukee and St. Paul railroad looking cheerful as Christmas itself on the tracks beside the gate.


When we pulled out into the winter night and the real snow, our snow, began to stretch out beside us and twinkle against the windows, and the dim lights of small Wisconsin stations moved by, a sharp wild brace came suddenly into the air.


photo of Borealis Train
Amtrak operates the Borealis Train Line Today

We drew in deep breaths of it as we walked back from dinner through the cold vestibules, unutterably aware of our identity with this country for one strange hour, before we melted indistinguishably into it again.

Akin Investments, Charleston, SC
Akin Investments

That’s my Middle West — not the wheat or the prairies or the lost Swede towns, but the thrilling returning trains of my youth, and the street lamps and sleigh bells in the frosty dark and the shadows of holly wreaths thrown by lighted windows on the snow.


I am part of that, a little solemn with the feel of those long winters, a little complacent from growing up in the Carraway house in a city where dwellings are still called through decades by a family’s name.


I see now that this has been a story of the West, after all — Tom and Gatsby, Daisy and Jordan and I, were all Westerners, and perhaps we possessed some deficiency in common which made us subtly unadaptable to Eastern life.


F. Scott Fitzgerald

 

Merry Christmas


As a Registered Investment Advisor I represent my clients as a fiduciary. "Your Success is my only interest" Reach out for a Free Consultation and Financial Review.


Santa visits the NYSE
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