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What's next for the Fed? Despite the central bank's rate hikes and Fed Chair Jerome Powell's repeated calls for markets to understand the severity of inflation, the U.S. economy is still chugging along at a robust clip, highlighted by last week's strong jobs report and near-record lows for unemployment.
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In times of duress and intense volatility, many investors cash out their positions to wait out the tough times. However, not all investors have the luxury of sitting out the rough market swings, especially retirees who are reliant on a consistent source of income.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.