Stocks soared in 2024, with the S&P 500 gaining 23%, marking the best two-year returns since 1997 and 1998. This may have thrown off the allocation of your portfolio, as stocks outperformed bonds significantly (U.S. bonds returned only 1%). Financial advisors recommend rebalancing portfolios to maintain the desired asset allocation, especially for long-term investors with a target mix of stocks and bonds.
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British couple in their 70s arrested by Taliban
In Afghanistan, a British couple in their 70s, Peter and Barbie Reynolds, were arrested by the Taliban while running training projects despite a ban on women working and education for girls over 12. Their daughter has not heard from them in over two weeks and is urging the Taliban to release them. The UK government is limited in its assistance as it does not recognize the Taliban, who have banned women from working for NGOs...
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