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The broader question is whether the economy is gaining the kind of momentum and traction that we need for a market that has been looking toward new highs, no one is out to suggest the economy is doing a major turnaround because of this number, but we now need to see a clutch of data that suggests that this is a one-off.

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    Quiz

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    Who said: "Just as courage imperils life; fear protects it"?
    A Ernest Hemingway
    B Leonardo da Vinci
    C Mahatma Gandhi
    D George Washington