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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out with recaps of the much awaited mega-cap earnings of Amazon (AMZN) and Apple (AAPL) (page 1). We then provide some commentary as to how to define a recession (page 2) before reviewing today’s GDP data (page 3) and some additional observations from the national income and product accounts (page 4). We then evaluate Fed Chair Powell’s statements yesterday regarding the upswing in claims being seasonal (page 5). We finish with an overview of today’s solid 7 year note auction (page 6).
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