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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin by breaking down the recent rally using a decile analysis of P/E, revenue growth, market cap, and performance during the sell-off. We follow that up by covering today’s NAHB Homebuilder Sentiment data which offered a conflicted picture of housing after strong reading from mortgage applications yesterday. We continue our analysis of sentiment in the economy with our Beige Book index by providing an updated look with today’s release. We wrap up tonight’s Closer with the CPI print released earlier today.
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