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Patience is a Virtue with David Gelles of the New York Times

RiskReversal Pod

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The Fed's Decision to Declare Victory

Paul Tudor Jones: The Fed could probably declare victory, which I don't know if that's the right choice of words. But declaring victory in terms of inflation is one thing. Declaring victory in Terms of the market, I think, is an entirely different thing. And again, I want to emphasize this lag effect that I've been waiting for that seemingly is starting to happen now.

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