Historical market data points to a strong potential for year-end rallies, with U.S. equity fund inflows averaging +$70 billion in December over the last decade (excluding election years). This figure is more than double the average inflows seen in October and November, suggesting a supportive liquidity environment. However, the immediate trading week is expected to be quiet due to the U.S. Thanksgiving holiday. Markets will be closed on Thursday with an early close on Friday, likely resulting in reduced liquidity and lower volatility for the remainder of the week. On the monetary policy front, expectations for the December FOMC meeting appear largely settled following recent comments from Fed officials. With major economic data points like CPI and NFP not due before the meeting, the current policy outlook is considered stable.