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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 crack spreads and the relative performance of refiners versus oil and gas exploration and production stocks. We also show airlines’ performance relative to the S&P 1500 (page 1). Next, we provide a technical look at 5 year yields (page 2) followed by an update of the Richmond Fed’s CFO survey (page 3). We close with an update of some important personal income and spending indictors (page 4).
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