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In a small bowl, combine warm water, yeast, and sugar. Allow to sit until yeast begins to "bloom".
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While yeast is blooming, melt shortening and milk in a small saucepan over low heat until bubbles appear on the surface.
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Remove from heat and transfer into a large bowl.
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Add salt and sugar and mix until sugar has dissolved.
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Add 1 cup of flour, cinnamon, nutmeg, and eggs to the milk mixture and beat until combined.
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Beat in yeast mixture and remaining 3 cups of flour until combined.
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Replace your whisk attachment with the kneading hook, or place dough on a well-floured surface, and knead until smooth and no longer sticking to bowl or hands.
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Once dough is smooth, place in a large greased bowl, cover and let rest until dough has doubled in size.