The Dow Jones Industrial Average stock index flirted with the historic 20,000 point record, and then backed off before the Christmas holidays. The DJIA has risen as much as 9.1 per cent in the fourth quarter.Photo: AP
Richard Harris
Opinion

Opinion

Richard Harris

Harris’ First Law of Investment: Quarter’s end is the harbinger of change

Put it down as one of the quirks of behavioural finance. The last quarter of 2016 was a boom - expect the markets to change sentiments around New Year’s Day

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The Dow Jones Industrial Average stock index flirted with the historic 20,000 point record, and then backed off before the Christmas holidays. The DJIA has risen as much as 9.1 per cent in the fourth quarter.Photo: AP
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