Week Ahead, Santa Rally | Infratil Global markets rallied on Friday, as Wall Street’s main stock indexes closed at record levels​, fueled by fresh optimism over a potential calming of US-China trade tensions and by big gains in shares of healthcare companies.​ Heading into the ​end of the year, a Xmas period rally in shares​ could be possible. While we would not want to attempt to read Trump’s mind, we note it is worth keeping in mind President Trump is looking to win an election next year. We think the Trump Administration may back-down somewhat in the trade dispute, in order to announce a deal - especially as it looks as if the US manufacturing sector is now starting to feel the pinch from a protracted trade war.​ ​Given proactive monetary policy and a reduction in geopolitical/trade risks of late, our base case view is the global economy will muddle its way through the current rough patch​, although risks remain. ​   Stock in Focus:...