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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out tonight with a look at the historic underperformance of the FAAMG stocks as well as the outperformance of heavily shorted stocks (page 1). We then dive into the latest EIA data highlighting the record crude export number (page 2). We then review the latest trade balance data and its implications for GDP (page 3). Afterward, we recap new home sales (pages 4 and 5) before finishing with a look at the 5 year note sale held this afternoon (page 6).
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