Jun 28, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, after starting out with a look at the relationship between real yields and equities, we then show where put-call ratios stand (page 1). Switching over to macro data, we first take a look at the trade deficit (page 2) followed by the final look at our Five Fed Composite for the month of June (pages 3 – 5). We then provide a look at the deceleration in housing prices (page 6) as consumer sentiment indicators broadly tank (page 7). We finish with a recap of the weak 7 year note auction held today (page 8).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
Jun 27, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin by showing the mean reversion that equities have been experiencing as well as the dynamic between growth and value (page 1). Next, we preview some of our Consumer Pulse data showing the dire outlook consumers have for the economy (page 2). We then update our Five Fed Manufacturing Composite (page 3) and we contrast that with hard manufacturing data (page 4). We close out with a look at this week’s Treasury issuance (page 5) and an update on some of the big shifts in speculator positioning (pages 6-8).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
Jun 23, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a look at the continued widening of high yield spreads as WTI and grain prices fall (page 1). We then dive into an analysis on bull and bear cycles for copper (page 2) as well as what equities do during those same periods (page 3). Next, we recap today’s current account data including a closer look at investment income (pages 4 and 5). We follow up with a recap of the 5 year TIPS sale (page 6) and a look at how other data is reflecting news story trends (page 7).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
Jun 22, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, with the release of the Federal Reserve’s Distributional Financial Accounts, we start out tonight with an update on household wealth (page 1 and 2) followed by a look at the record Canadian inflation print (page 3). Next, we pivot over to credit markets, crude term structure, and high yield energy bonds (page 4). Afterward, we review today’s lackluster 20 year bond reopening (page 5) before closing out with a decile analysis showing which groups of stocks have contributed to least and most to the S&P 1500’s decline during the bear market (page 6).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
Jun 21, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out by taking a look at the supply and demand dynamics for petroleum products (page 1) followed by a recap of today’s existing home sale data (page 2 and 3). We then show the disconnect between housing stocks and their EPS estimates (page 4). Next, we dive into another interest rate sensitive sector: autos (page 5). Afterward, we preview this week’s Treasury sales (page 6) before closing out with our weekly recap of speculator positioning data (page 7-9).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
Jun 16, 2022
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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin by showing the relationships between recessions and bear markets in bonds and equities (page 1). We then take a glance at past times that the S&P 500 has reversed lower by at least 1% after rallying 1% on a Fed day (page 2). Turning over to macro data, we provide an update of our Five Fed Manufacturing Composite (page 3) followed by some notes on today’s housing data (page 4).
See today’s full post-market Closer and everything else Bespoke publishes by starting a 14-day trial to Bespoke Institutional today!
