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Looking for deeper insight into markets?  In tonight’s Closer sent to Bespoke Institutional clients, after a brief update on the situation of stimulus in Washington, we take a look at the underperformance of small caps and the inability for long bonds to exit their downtrend.  We follow up with a look at how the bottom dropped out for the ARK family of ETFs. Turning to macro data, we review today’s home price data which blew the doors off. We also recap the seven-year note auction, Brazilian unemployment, and South Korean manufacturing data.

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