Sam Allardyce delivers orders from the touchline during Crystal Palace's FA Cup third round replay with Bolton Wanderers. Matthew Childs / Reuters
Sam Allardyce delivers orders from the touchline during Crystal Palace's FA Cup third round replay with Bolton Wanderers. Matthew Childs / Reuters

Sam Allardyce’s task at Crystal Palace tougher than expected and time is running out to reverse fortunes



Relief, not joy, was the emotion that swept over a quarter-full Selhurst Park when the final whistle sounded on Tuesday night.

Bolton Wanderers had taken the lead in the two teams’ FA Cup third-round replay, but a double from substitute Christian Benteke ensured Crystal Palace avoided an upset and secured Sam Allardyce’s first victory as the club’s manager.

The former England manager will hope that it proves to be a turning point in his side’s season, but defeat at home to Everton in the Premier League on Saturday would put Palace’s attempted revival right back to square one.

Upon replacing Alan Pardew towards the end of December, Allardyce appeared confident that he could pull a team, who had reached the FA Cup final just a few months previously, out of relegation trouble.

“The club itself seems to be very ambitious. Certainly the chairman and the owners seem to be taking the club forward in the right direction,” he told Palace’s website after taking charge.

“I like the look of the squad and that’s probably the reason that I am here because I feel the club can go forward from here and hopefully I can help it go forward.”

Allardyce, it seems, did not expect his first few weeks in south London to be quite so difficult. As well as a woeful performance in a 2-1 loss to bottom-of-the-table Swansea City, Palace have drawn with Watford and been comfortably beaten by Arsenal and West Ham United. They have scored just two goals in those four top-flight encounters and conceded eight.

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Read more

■ Diego Forlan: His thoughts on the Dimitri Payet saga

■ Premier League predictions: Will Spurs win at Man City?

■ Steve Luckings: On Paul Pogba and why he will come good

__________________________________

Confidence in the camp is brittle, and it will surely take more than a narrow win over a League One team to rebuild it.

Palace have now won only six of their last 42 Premier League matches and amassed just 39 points out of a possible 126, a run which stretches back to a goalless draw with Bournemouth in December 2015.

By way of comparison, Sunderland have collected 42 points in the same period, Swansea 47, Watford 40 and Bournemouth 48. Burnley, despite fulfilling 21 fewer fixtures, have won two more games.

With a record like that, it is not difficult to work out why the squad’s self-belief has taken a major hit. But while Palace have some gifted players, there are also numerous on-field issues that Allardyce needs to iron out before it is too late.

Palace’s backline has been breached on 40 occasions this season, with Hull City and Swansea the only sides with leakier defences.

Captain Scott Dann has looked uncharacteristically shaky in recent months, while the failure to upgrade at left-back last summer has proven costly.

Jeffrey Schlupp was acquired from Leicester City last week with that weakness in mind, but further efforts to bolster the back four with new signings have so far been fruitless.

Further forward, there is an over-reliance on Wilfried Zaha, who is currently representing Ivory Coast at the Africa Cup of Nations, for creativity, while Benteke is the only player available for selection this weekend who has scored in Palace’s last five outings.

Andros Townsend has been a disappointment since joining from Newcastle United, and playmaker Jason Puncheon has been incredibly inconsistent since the start of the campaign.

There is little doubt that, on paper, Allardyce has a stronger squad to work with than his opposite numbers at relegation rivals Swansea, Sunderland and Hull.

His appointment has not yet brought about the anticipated upturn in fortunes, though, and another defeat on Saturday would leave Palace in a precarious position with just 16 games remaining.

Eriksen — Tottenham’s chief creator

There was more than an element of good fortune to Tottenham Hotspur’s second goal in their 4-0 thrashing of West Bromwich Albion last weekend.

Christian Eriksen’s strike from the edge of the penalty area first flicked the leg of Jonas Olsson, before changing course again with a touch off his centre-back partner Gareth McAuley. Ben Foster, the man between the sticks for the visitors to White Hart Lane, did not stand a chance.

It was not down to luck that Eriksen found himself unmarked in a dangerous shooting position, however.

Throughout an extremely impressive Tottenham performance and in several other encounters this season, the Denmark international has demonstrated a knack for being in the right place at the right time.

At their best, Tottenham are a high-tempo, high-octane side capable of suffocating opponents with their heavy pressing and non-stop running.

Eriksen offers another dimension, though: with an ability to find space in tight areas, thread neat passes into the path of his teammates and even dictate from slightly deeper on the pitch, he has become an indispensable part of Mauricio Pochettino’s formidable unit.

After a slow start to the season, Eriksen has now been directly involved in 12 goals in his last 10 appearances in all competitions.

Only Kevin De Bruyne has provided more Premier League assists in 2016/17, and when set-piece set-ups are discarded, Eriksen and Alexis Sanchez lead the way with seven apiece.

Since the former Ajax midfielder arrived in north London in the summer of 2013, he has laid on 35 goals for his Tottenham teammates.

Although Eriksen often flies under the radar, he is now firmly established as one of the Premier League’s most effective playmakers.

Still only 24, he has the potential to get even better in the years to come.

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What should do investors do now?

What does the S&P 500's new all-time high mean for the average investor? 

Should I be euphoric?

No. It's fine to be pleased about hearty returns on your investments. But it's not a good idea to tie your emotions closely to the ups and downs of the stock market. You'll get tired fast. This market moment comes on the heels of last year's nosedive. And it's not the first or last time the stock market will make a dramatic move.

So what happened?

It's more about what happened last year. Many of the concerns that triggered that plunge towards the end of last have largely been quelled. The US and China are slowly moving toward a trade agreement. The Federal Reserve has indicated it likely will not raise rates at all in 2019 after seven recent increases. And those changes, along with some strong earnings reports and broader healthy economic indicators, have fueled some optimism in stock markets.

"The panic in the fourth quarter was based mostly on fears," says Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. "The fundamentals have mostly held up, while the fears have gone away and the fears were based mostly on emotion."

Should I buy? Should I sell?

Maybe. It depends on what your long-term investment plan is. The best advice is usually the same no matter the day — determine your financial goals, make a plan to reach them and stick to it.

"I would encourage (investors) not to overreact to highs, just as I would encourage them not to overreact to the lows of December," Mr Schutte says.

All the same, there are some situations in which you should consider taking action. If you think you can't live through another low like last year, the time to get out is now. If the balance of assets in your portfolio is out of whack thanks to the rise of the stock market, make adjustments. And if you need your money in the next five to 10 years, it shouldn't be in stocks anyhow. But for most people, it's also a good time to just leave things be.

Resist the urge to abandon the diversification of your portfolio, Mr Schutte cautions. It may be tempting to shed other investments that aren't performing as well, such as some international stocks, but diversification is designed to help steady your performance over time.

Will the rally last?

No one knows for sure. But David Bailin, chief investment officer at Citi Private Bank, expects the US market could move up 5 per cent to 7 per cent more over the next nine to 12 months, provided the Fed doesn't raise rates and earnings growth exceeds current expectations. We are in a late cycle market, a period when US equities have historically done very well, but volatility also rises, he says.

"This phase can last six months to several years, but it's important clients remain invested and not try to prematurely position for a contraction of the market," Mr Bailin says. "Doing so would risk missing out on important portfolio returns."

WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

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63 - Mike Lorenzo-Vera (FRA)

64 - Rory McIlroy (NIR)

66 - Jon Rahm (ESP)

67 - Tom Lewis (ENG), Tommy Fleetwood (ENG)

68 - Rafael Cabrera-Bello (ESP), Marcus Kinhult (SWE)

69 - Justin Rose (ENG), Thomas Detry (BEL), Francesco Molinari (ITA), Danny Willett (ENG), Li Haotong (CHN), Matthias Schwab (AUT)

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Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
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Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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Power: 181hp

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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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Engine: 2.7-litre 4-cylinder Turbomax
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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

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Engine: 1.5-litre 4-cylinder petrol

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What are the GCSE grade equivalents?
 
  • Grade 9 = above an A*
  • Grade 8 = between grades A* and A
  • Grade 7 = grade A
  • Grade 6 = just above a grade B
  • Grade 5 = between grades B and C
  • Grade 4 = grade C
  • Grade 3 = between grades D and E
  • Grade 2 = between grades E and F
  • Grade 1 = between grades F and G
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In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

'Nope'
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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Arctic Monkeys

Tranquillity Base Hotel Casino (Domino) 

 

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)

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