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.
Full Article
Nigeria seizes over 1,600 birds in ‘largest’ wildlife trafficking bust
Nigeria's customs agency intercepted over 1,600 birds, including ring-necked parrots and canaries, at Lagos International Airport in the country's largest wildlife-trafficking bust. The shipment lacked necessary documentation, prompting an investigation to prosecute those responsible, while the birds will be rehabilitated before being released into the wild. Want More Context? 🔎
Read more