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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out with a look at the S&P 500’s failed test of its 200-DMA and how much time the index has historically spent below its 200-day during past bear markets (page 1). We then compare the moves across risk assets to forward rates (page 2). Afterward, we dive into an interesting shakeup in intraday versus after hours price action (page 3). After reviewing today’s home construction numbers (page 4 and 5), we check in on CPI north of the border (page 6).
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