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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out by providing commentary on the FOMC’s policy decision and some contradictions offered by Powell (pages 1 & 2). We then show the reaction across assets (page 3). We follow up with an additional note on consumer spending (page 4) before turning to petroleum inventory data (page 5). We finish with a look at the 150 day long streak without an overbought reading in the S&P 500’s 14-day RSI (page 6).
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