Market round-up: ECB to ensure Santa Clause rally - Tip TV

Dec 05, 2016, 12:25 PM

Are you worried that Renzi’s resignation and the resulting heightened political uncertainty would rock the boat in the run up to Christmas?

Well, there is little reason to worry. Tip TV Presenter Zak Mir believes the ‘Santa Rally’ is well and truly here. Whatever may be the problems… the mysterious power of the ECB backstop is likely to keep the markets happy in the run up to Christmas.

Listen to the full segment to know if the risk-on seen today, despite Renzi’s resignation is a bull trap or a beginning of a sustained rally into year end. Mir is joined by Presenter Jenny Hammond.

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