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Looking for deeper insight on markets?  In tonight’s Closer sent to Bespoke Institutional clients, we take a look at earnings estimates given the S&P 500’s 200-DMA, cyclicals rally, and bank’s underperformance. With Fed Chair Powell’s testimony on Capitol Hill acting as the day’s major catalyst, we then give an updated look at our Fedspeak monitor and some analysis on Fed policy. We finish with our weekly looks at ICI Fund Flows and EIA data.

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