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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, after reviewing notable earning reports, we dive into the relative performance of value and dividends versus growth and momentum. We also take a look at the VIX and what commodities and signaling about yields. We then show the huge rise in mortgage rates and what that has implied for mortgage REITs and homebuilders. We follow that with a recap of today’s historically strong 10 year auction and data on transportation services activity, inventories, and petroleum stockpiles.
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