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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Algeria court to rule on bid to double writer’s jail term
An Algerian court is set to rule on a prosecutor's appeal to double Boualem Sansal's prison sentence from five to ten years for comments deemed offensive to Algeria's sovereignty. This case has heightened tensions between Algeria and France, with diplomatic calls for mercy and concerns over Sansal's health amid his ongoing imprisonment and criticism of his support for Israel. Explain It To Me Like I'm 5: An Algerian court will decide on Tuesday whether to...
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