preheat oven to 350˚
generously grease the bundt cake pan, leave no inside area undone
whisk together flour and spices, set aside
using a stand mixer beat sugars, butter, and vegetable oil together with the paddle attachment
add the eggs one at a time, beating each egg for 10-15 seconds, and then scrape down the bowl
stir in the eggnog, rum, and vanilla
add the dry ingredients and mix to combine, stop and scrape the bowl one to two times while mixing the cake
when fully mixed scrape the cake mix into the prepared pan
bake in the preheated oven 45-50 minutes or until a toothpick comes out clean
cool in the pan for 20 minutes then turn upside and let it slide out on its own accord
when the cake is completely cool make the icing
combine the cream cheese and eggnog until smooth and runny
add the powdered sugar stit to combine
drizzle in the rum until the desired consistency is reached
place cake on serving plate and drizzle with icing
add dried cranberries, or cherries, and sprinkles if desired