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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a recap of the happenings on Capitol Hill as impeachment proceedings began alongside Fed Chair Powell’s visit. Next, we take a look at the S&P 500’s historic streak above its 50-DMA without any back to back declines over the past 25 days. Then we move onto a massive slug of macroeconomic data including the New York Fed’s quarterly household debt numbers, today’s CPI release, and the monthly budget statement.
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