Senin, 01 Desember 2025

Clean Slate or False Start?

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Monday Takeaways: December's First Week Could Decide Your Year-End Returns

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Shah Gilani

Shah Gilani
Chief Investment Strategist

We're turning the page to December with a clean slate...

But the ink is barely dry and the markets are already down.

So much for last week's momentum.

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Here's what's going on...

  • The S&P 500 is within 1.5% of all-time highs after a spectacular rally
  • November ended flat - zero gains for the month
  • AI leadership has fractured between Nvidia (down) and Google (up)
  • Money managers are desperate for year-end performance

This week's packed with data that will determine everything. Wednesday: ISM services, ADP employment, industrial production, import prices. Friday: PCE, personal spending, personal income, Michigan sentiment, consumer credit.

Can stocks create enough momentum for the Santa Claus rally? Will money managers pile into names to show year-end performance? Or will this week's data kill the rally before it starts?

I'll explain why the AI story's bifurcation creates serious problems for investors, what reaction to this week's data releases will tell us about market direction, and why December's first week might be the most important trading week of the entire year.

Click here or on the image below to see if December delivers the year-end rally or crushes it.

Cheers,

Shah

Video - Monday Takeaways
 
WATCH THE VIDEO
(WITH TRANSCRIPT)

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