A recent Bank of America survey of global fund managers showed the lowest cash allocation on record, with participants heavily underweight in cash compared to stocks. This bullish sentiment is driven by expectations of interest rate cuts from the Federal Reserve and anticipated growth under President-elect Donald Trump. Despite a recent breather in the equity market, Wall Street is preparing for further gains in 2025, with the S&P 500 expected to climb over 10% according to market strategists.
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California professor sues university over suspension for online comments on Gaza
A professor of medicine at UCSF, Rupa Marya, has filed a lawsuit against the university, claiming her freedom of speech was violated after she was suspended for her social media comments regarding Israel's war in Gaza. Marya expressed solidarity with healthcare workers in Gaza, leading to her being labeled a "possible imminent danger" by the UCSF Executive Medical Board, which resulted in her suspension and subsequent harassment, including threats. Her attorney argues that her dismissal...
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