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Explore Search Britannica Click here to search Search Britannica Click here to search Subscribe Login https://premium.britannica.com/premium-membership/?utm_source=premium&utm_medium=nav-login-box&utm_campaign=evergreen Subscribe Now Search Britannica Click here to search Ask the ChatbotGames & QuizzesHistory & SocietyScience & TechBiographiesAnimals & NatureGeography & TravelArts & CultureProConMoneyVideos December 14, 2024 CHART-TOPPERS BALL Taylor Swift was the year’s most-streamed artist on Spotify, racking up more than 26.6 billion streams, followed by The Weeknd, Bad Bunny, Drake, and Billie Eilish, according to the streaming service’s annual year-end rankings. Meanwhile, the most-viral song of the year—measured by the number of times a song was shared from Spotify to social media—was “Die with a Smile,” a collaboration between Lady Gaga and Bruno Mars. Taylor Swift Was the Most-Streamed Artist on Spotify This Year © Buda Mendes—TAS23/Getty Images for TAS Rights Management The Weeknd’s “Blinding Lights” Remains Spotify’s Most-Streamed Song of All Time Mike Ehrmann/Getty Images Entertainment Bad Bunny Was the Most-Streamed Latin Artist This Year Theo Wargo/Getty Images 〝DIE WITH A SMILE〞 Lady Gaga Co-Wrote This Standalone Single... ...and Recorded It with Co-Writer Bruno Mars in a Single Day HOLIDAY CHEER For many investors, 2024 so far has proved to be a very good year. Stocks, gold, and even cryptocurrencies have all posted strong performances. Stock markets benefited from robust earnings and moderating inflation. Technology stocks, in particular, led the charge among equities, fueled by excitement about artificial intelligence (AI). Gold’s appeal as a safe haven grew along with geopolitical tensions, while cryptocurrencies made a surprising rebound despite regulatory scrutiny, as investors sought growth opportunities in an otherwise steady market. ’Tis the season to be jolly? Although there’s no guarantee—particularly in the wake of such a strong fall rally—the stock market tends to end the year on an upswing, which traders have dubbed the “Santa Claus rally.” The reasons behind the phenomenon aren’t clear. It could be profit-boosting holiday spending, end-of-year optimism, or expectations creating a self-fulfilling prophecy (unless and until fundamental realities take over). Happy New Year As the new year dawns, the January effect often brings a surge in small-cap stocks and high-growth sectors. The phenomenon, first identified in the 1940s, reflects the tendency for stock prices—particularly those of smaller companies—to rise during January. The effect is often attributed to tax-loss harvesting, where investors sell underperforming stocks at year-end to offset taxable gains, creating buying opportunities as the new year begins. Economies run on cycles Seasonal cycles such as the Santa Claus rally, the January effect, and even the four-year presidential cycle, which tends to favor the third year of a presidential term, are mini-cycles within the four-phase economic cycle. Whatever you call it—boom and bust, expansion and contraction, or bull and bear markets—a nation’s economy will expand, hit a peak, descend through a recession, hit a trough, and then expand anew. Some cycles are more pronounced (and last longer) than others, but they always repeat. And no matter how often you hear, “It’s different this time,” history has shown that it never is. POPULAR ON BRITANNICA ARTICLES 1. Our Lady of Guadalupe 2. 2024: Year in Review 3. Basilica of Guadalupe 4. St. Lucy 5. St. Lucia’s Day 6. Bashar al-Assad 7. Dred Scott decision 8. Christmas 9. USS Liberty incident 10. 123Movies Show More Show Less FEATURES 1. Who Was the First Woman to Run for President of the United States? 2. Was Santa Claus a Real Person? 3. The Rise of the Machines: Pros and Cons of the Industrial Revolution 4. What Are the Differences Between First-, Second-, and Third-Degree Murder? 5. 9 Infamous Assassins and the World Leaders They Dispatched 6. Why Was Frederick Douglass’s Marriage to Helen Pitts Controversial? 7. St. Lucia’s Day 8. Do Birds Pee? 9. Is It ISIS or ISIL? 10. Why Do Languages Die? Show More Show Less LISTS 1. 8 Deadliest Wars of the 21st Century 2. Titanosaurs: 8 of the World's Biggest Dinosaurs 3. 12 Novels Considered the “Greatest Book Ever Written” 4. Inventors and Inventions of the Industrial Revolution 5. All 119 References in “We Didn’t Start the Fire,” Explained 6. 7 Winter Solstice Celebrations From Around the World 7. 7 of History's Most Notorious Serial Killers 8. 9 of the World’s Deadliest Snakes 9. 7 Deadliest Weapons in History 10. 7 Nobel Prize Scandals Show More Show Less Investing Trading Retirement Household Finance Finance & the Economy Companies Medicare Part D: Navigating prescription drug coverage State and local taxes you paid: Are they tax deductible? Should you pay a financial advisor? 4 fee types and how they work Estate planning strategies for dependents with disabilities NEW ON BRITANNICA Ghost gun These firearms are assembled by the owner, either from separately bought pieces or as part of a kit, and can also be made using 3D printers. 13 modern writers who served in war Numerous writers have recounted or drawn from their war experiences to produce great modern works. Goliath frog The world’s largest frog species can grow as long as 12.6 inches (32 cm) and weigh as much as 6.6 pounds (3 kg) or more. Red-light district These are urban areas where numerous people perform sex acts for money or participate in sexually evocative performances. FEATURED GAMES See All Quordle Can you solve four words at once? Tightrope A daily trivia game Blossom Pick the best words Octordle The party starts at eight Pilfer A delightful ruthless word game The Missing Letter A daily crossword with a twist Twofer Goofer Think you know it, poet? Victordle Play head-to-head! Sudoku Your daily logic challenge TRENDING QUIZZES See All Quizzes Where in America is That? Crisscross the U.S. by placing these famous landmarks. From Athena to Zeus: Basics of Greek Mythology Do you know which hero took a dip in the River Styx? Or what mysteries lurk inside the Labyrinth? Ultimate Animals Quiz What is a rattlesnake’s rattle made of? What animals can go over 180 miles an hour? Guess the Language! Quiz Can you recognize a language by its greeting? Best Picture Movie Quote Quiz Take this quiz or you may regret it. Maybe not today, maybe not tomorrow, but soon, and for the rest of your life. American Civil Rights Movement Quiz Test your knowledge of Americans’ tumultuous fight to end racial segregation and discrimination. Name That Thing: Tools A handy quiz to test your tool acumen. The Dog Breed Quiz Find out which breed can outrun a cheetah, which breed was created by monks, and much more. Baking and Baked Goods Quiz You may have a sweet tooth, but how much do you know about baking and baked goods? Test your knowledge with this quiz. First Ladies of the United States Quiz They have been hostesses, helpers, advisers, gatekeepers, guardians, confidantes, and sometimes formidable powers behind... FEATURED VIDEOS See All Videos A look behind the curtain in Edgar Degas's The Ballet Class Encyclopædia Britannica, Inc. * A look behind the curtain in Edgar Degas's The Ballet Class * Michelangelo's The Last Judgment, explained * The story behind Madonna with the Long Neck * Paris Street; Rainy Day and a vision of the modern city BRITANNICA PREMIUM SUBSCRIPTION UNLOCK EXCLUSIVE CONTENT! Britannica's content is among the most trusted in the world. Subscribe to Britannica Premium and unlock our entire database of trusted content today. Subscribe Now! EXPLORE BRITANNICA HISTORY & SOCIETY 6 Lost Civilizations Israel-Palestine Conflict Explained: History, Maps, & Dates SCIENCE & TECH How Do Black Holes Really Work? The History of Artificial Intelligence BIOGRAPHIES In Memoriam: Notable Deaths in 2024 St. Nicholas ANIMALS & NATURE 7 Animals That Turn White in Winter All Hail the Queens: Ants, Bees, and Wasps GEOGRAPHY & TRAVEL 8 of the World’s Most-Remote Islands What Is the Difference Between South America and Latin America? ARTS & CULTURE Art Movements, Styles, and Schools 11 Banned Books Through Time CALCULATORS Mortgage Payment Calculator Estimate your monthly mortgage payments with our free mortgage calculator. Account for interest rates, compound frequency and pay back schedule. Compound Interest Calculator Compounding means getting returns on your previous returns plus your initial investment. Learn how to grow your savings with our compound interest calculator. Percentage Increase Calculator Calculate the increase from one value to another with our free percentage increase calculator. Evaluate population growth, inflation, stock values and more. Retirement Income Calculator Are you on track for retirement? Use our free retirement calculator to help determine how much you'll need to save each year to retire at your desired age. Time Value of Money (TVM) Calculator The time value of money (TVM) principle asserts that the same amount of money is worth more now than in the future. Use our TVM calculator to estimate future value, present value & more. MORE FROM BRITANNICA ProCon Award-winning ProCon promotes critical thinking, education, and informed citizenship by presenting the pro and con arguments to controversial issues in a straightforward, nonpartisan, freely accessible way. Britannica Money Discover all you need to know about retirement, investing, and household finance, without the jargon or agenda. Get reliable guidance, insight, and easy-to-understand explanations, written, edited, and verified to Britannica’s exacting standards. Advocacy for Animals Presenting Advocacy for Animals, a blog focused primarily on animal rights, wildlife conservation, environmental health and safety, and the legal and cultural issues related to these topics. This blog is a source of information and a call to action. It is meant to be a provocation and a stimulus to thought regarding humanity’s relationship with nonhuman animals. Alain Elkann Interviews Alain has been writing a weekly interview column for the Italian newspaper La Stampa since 1989. His interviews celebrate some of the best known and successful personalities of the present day. History at your fingertips – Sign up here to see what happened On This Day, every day in your inbox! Enter your email Subscribe By signing up for this email, you are agreeing to news, offers, and information from Encyclopaedia Britannica. Click here to view our Privacy Notice. Easy unsubscribe links are provided in every email. Thank you for subscribing! 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