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After 2 straight misses, this year’s ‘Santa Claus rally’ is off to a solid
start. Why it matters for investors.
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Stocks have never seen three negative “Santa Claus rally” periods in a row.
After two straight misses, history says the odds favor a comeback this year.
28 minutes ago
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Hugh White, a defence analyst at the Australian National University, said Australia was being viewed as a "strategic asset" by the US as it monitors China's rise.
"I think what we are seeing here is fundamentally a very significant shift in US strategy," he said.
The United States currently has only a limited deployment in longstanding ally Australia, including the remote Pine Gap satellite spy station near outback Alice Springs.
Hugh White, a defence analyst at the Australian National University, said Australia was being viewed as a "strategic asset" by the US as it monitors China's rise.
"I think what we are seeing here is fundamentally a very significant shift in US strategy," he said.
The United States currently has only a limited deployment in longstanding ally Australia, including the remote Pine Gap satellite spy station near outback Alice Springs.
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