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Wall Street thinks you don’t own enough stock. Not “you,” specifically, but investors as a collective are viewed as too lightly exposed to equities given the S & P 500 is three years into a bull market and is back to within 1% of its all-time peak from a month ago. Deutsche Bank’s comprehensive investor positioning gauge is hovering around neutral. John Flood, head of Americas equities sales trading at Goldman Sachs, says: “Our sentiment indicator has spent most of the year in negative territory reflecting relatively conservative institutional investor positioning. The wall of worry has been extremely high this…

WEST PALM BEACH, Fla. (AP) — President Donald Trump on Saturday said that the airspace “above and surrounding” Venezuela should be considered as “closed in its entirety,” an assertion that raised more questions about the U.S. pressure on Venezuelan leader Nicolás Maduro. His government accused Trump of making a ”colonial threat” and seeking to undermine the South American country’s sovereignty.The White House did not respond to questions about what Trump posted on his Truth Social platform, and it was unclear whether he was announcing a new policy or simply reinforcing the messaging around his campaign against Maduro, which has involved…

The International Criminal Court’s governing body is set to meet in The Hague with uncertainty still surrounding the future of the court’s chief prosecutor, Karim Khan, and the outcome of an outsourced investigation into an alleged sexual misconduct complaint against him. The annual session of the Assembly of State Parties (ASP), which begins on Monday, comes after the ASP’s bureau had previously said it expected a United Nations investigation into Khan to be completed by the end of October. The delay – unacknowledged publicly by the ASP bureau or the UN’s Office of Internal Oversight Services (OIOS), which is conducting…

LONDON (AP) — British playwright Tom Stoppard, a playful, probing dramatist who won an Academy Award for the screenplay for 1998’s “Shakespeare In Love,” has died. He was 88.In a statement Saturday, United Agents said the Czech-born Stoppard — often hailed as the greatest British playwright of his generation — died “peacefully” at his home in Dorset in southwest England, surrounded by his family.“He will be remembered for his works, for their brilliance and humanity, and for his wit, his irreverence, his generosity of spirit and his profound love of the English language,” they said. “It was an honor to…

Anis Mehmeti gave Bristol City a deserved 1-0 win at Portsmouth to lift the Robins back into the Championship play-off places.Mehmeti’s early goal was enough for the visitors as hosts Pompey dropped into the relegation zone having won only one of their last nine league games. It took John Mousinho’s side until the 78th minute to have their first shot on target when Makenzie Kirk saw his effort comfortably saved by Radek Vitek. In truth City boss Gerhard Struber will be disappointed his superior team did not win by a wider margin.City should have gone ahead in the first minute…

Sheffield United moved out of the Championship’s relegation zone after a tense 3-2 victory at Leicester gave them their third win in six days.Chris Wilder’s side raced into a two-goal lead inside four minutes with goals from ex-Leicester striker Tom Cannon and Jairo Riedewald. A superb volley from Sydie Peck gave United a 3-0 lead at half-time. Leicester improved in the second half and pulled one back through Stephy Mavididi before Jordan James set up a thrilling finish with a spectacular long-range strike after 82 minutes.But they could not complete the comeback and Wilder saw his side win against the…

Joe Gelhardt’s last-gasp goal earned Hull a smash-and-grab 2-1 win at Stoke and saw them climb into the top six.Sorba Thomas scored a first-half wonder goal to give Mark Robins’ side a deserved lead at the break, but, facing a third successive defeat, the Tigers battled back after half-time. Defender Semi Ajayi scored a controversial 47th-minute equaliser before Gelhardt’s ninth goal of the season earned the visitors an unlikely three points. The final whistle sparked a brawl between rival players, with a number of objects thrown onto the pitch by home fans before calm was restored.Defeat was harsh on Thomas,…

NEW YORK (AP) — Despite wider economic uncertainty hovering above this year’s holiday season, shoppers turned out in big numbers for Black Friday — spending billions of dollars both in stores and online.Adobe Analytics, which tracks e-commerce, said U.S. consumers spent a record $11.8 billion online Friday, marking a 9.1% jump from last year. Traffic particularly piled up between the hours of 10 a.m. and 2 p.m. local time nationwide, when $12.5 million passed through online shopping carts every minute.Consumers also spent a record $6.4 billion online on Thanksgiving Day, per Adobe. Top categories that saw an uptick in sales…

Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021.Gerard Miller(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)’He never stopped learning’In an “exclusive” article headlined “The Untold Story of Charlie Munger’s Final Years,” The Wall Street Journal’s Gregory Zuckerman reveals the “Berkshire vice chair was making gutsy investments, forging unlikely friendships and facing new challenges to the end.”Munger died two years ago on Nov. 28, 2023, at the age of 99, just a bit over…

Governments at a wildlife trade conference have adopted greater protections for over 70 species of sharks and rays amid concerns that overfishing is driving some to the brink of extinction. The measures, approved Friday at the Convention on International Trade in Endangered Species of Wild Fauna and Flora in Uzbekistan, bans the trade in oceanic whitetip sharks, manta and devil rays as well as whale sharks. It would strengthen regulations for gulper sharks, smoothhound sharks and the tope shark, which means they can be traded, but there must be proof the sources are legal, sustainable and traceable.Governments also agreed to…