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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start by showing the S&P 500 closing in on six straight months of trading above its 50-DMA (page 1) followed by a dive into some concerns for the liquidity of the repo market (pages 2-4). We then cover a bunch of the latest earnings reports (page 4&5) before closing out with an update of our Five Fed Manufacturing Composite (page 6) .

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