Cash reserves at US equity mutual funds slid to 3.6% of assets in January from 5.7% in January 2009, the quickest decrease since 1991. Ergo, the market rally may be running out of steam.

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Hook, line and sinker. Here are some outrageous hoaxes of all time.

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The European Commission wants the Labour government to outline further spending cuts and spell out where the axe will fall on UK’s deficit, which is reaching for the stratosphere.

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