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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a look into credit spreads and the steep backwardation of crude (page 1). We follow up with a quantified look at the Beige Book (page 2), trade balance (page 3), and ISM data (page 4). We then take a look into the latest housing delinquency data from Black Knight (page 5) in addition to housing inventories from Realtor.com (pages 6 – 7). We finish with an update on the latest investor sentiment data from TD Ameritrade (page 8).
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