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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out with a decile analysis of performance over the last two sessions versus performance last week and the underperformance of the Russell 2,000. We then show the crash in iron ore prices and the fallout for related stocks. We then pivot to housing data in the form of existing home sales, affordability, and mortgage delinquencies. We round out tonight’s note with a preview of this week’s Treasury auctions.
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