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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, after a look at where valuations stand, we delve into the market’s reaction to the political happenings in Israel. Then we show the continued sideways movement of the Leading/Coincident Index. Next, we give an update on Bloomberg’s Consumer Comfort Index which has seen a steady drop in Republican sentiment. Going off of this, we show some of the inconsistencies in consumer based data. After reviewing today’s existing home sales data, we finish with an update on our Five Fed Manufacturing Composite with the addition of the Philly Fed’s index.
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