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If you are to be leaders, teachers, and guides among your people, you must have strength. No people can be fed, no people can be built up on flowers.
— Alexander Crummell
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What the Fed is really trying to say is that it doesn't know what it is going to do next. And if the markets abhor anything, it is uncertainty. Expect bond and stock market volatility to increase from here until the inflation outlook solidifies.
— Scott Anderson
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