Log-in here if you’re a member with access to the Closer.

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!