Santa Claus rally
n.— «Others say the surge was the manifestation of what is typically a strong end of the calendar year for stocks, a period often referred to as the Santa Claus rally.» —“Dow Hits Three-Year High in End-of-Year Rally” E-Commerce Times Dec. 21, 2004. (source: Double-Tongued Dictionary)
Further reading
What if, instead of being an inanimate object, a dictionary were alive? That’s the idea behind a lavishly illustrated new children’s book called The Dictionary Story (Bookshop|Amazon) by Oliver Jeffers and Sam Winston. This is part of a...
In the 15th century, the word respair meant “to have hope again.” Although this word fell out of use, it’s among dozens collected in a new book of soothing vocabulary for troubled times. Plus, baseball slang: If a batter...