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The greater concern about the global environment shown by the Fed should encourage investors to realise that they are not about to go crazy with rate hikes this year, we can see markets taking some comfort from these words, though without a meaningful improvement in the run of macro data, in particular from China, it is hard to see this having a lasting effect.

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    Quiz

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    In which movie does this quote appear: "Let me tell you something my friend. Hope is a dangerous thing. Hope can drive a man insane." ?
    A Mission: Impossible
    B Shawshank Redemption
    C Die Hard
    D Blues Brothers