S&P 500 Forecast: Continues to Celebrate Arrival of Santa – 23 December 2025
The S&P 500 is gaining momentum into year-end, with a Santa Claus rally lifting prices toward fresh record highs.

The S&P 500 is gaining momentum into year-end, with a Santa Claus rally lifting prices toward fresh record highs.
Stiff competition and high debt levels counter the improved outlook following its latest earnings release. Should you disembark from Carnival?
A solid rally appears to discount medium-term issues, while valuations are high and downside risks are mounting. Is it time to check out of Airbnb?
USD/CHF continues to defend the 0.79 floor, with SNB sensitivity and thin holiday liquidity favoring short-term bullish bounce trades.
EUR/JPY continues to push higher as yen fundamentals deteriorate, with thin year-end liquidity and BoJ limitations supporting further bullish momentum.
Gold continues its powerful uptrend toward $4,500, supported by Fed policy shifts, geopolitical tensions, and sustained central bank buying.