American and Filipino officials have agreed to maintain a US mid-range missile system in the northern Philippines to enhance deterrence against China, despite Chinese objections. The system, capable of firing Tomahawk missiles targeting China, may stay until next year’s joint exercises. Philippine Defense Secretary rejected China’s interference, emphasizing the need for defensive capabilities and criticizing China’s actions in the South China Sea.
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The S&P 500 is nearing 6,000, just 3% shy of its all-time highs, raising questions among investors about its potential for further growth. While the market has nearly doubled in the past five years, experienced investors recommend preparing for various scenarios with a broad, long-term strategy to navigate future market fluctuations. Need More Context? 🔎
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