A week ago, who would have thought that there would be anything interesting to write about concerning markets on December 29th? A short trading week in the U.S. and an even shorter one in Europe. Even Academy guest hosting Bloomberg TV (first hour) seemed unlikely to move markets😊. Everyone seemed pretty settled in for the Santa rally, which was delivered last Friday, Monday, and Tuesday. But a funny thing happened on the way to cruising through to the new year – a solid 1% loss on Friday for the S&P 500 and Nasdaq 100. When we have been discussing the ... 2025 Will Be …