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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, after starting out tonight’s note with an overview of the day’s Fedspeak (page 1), we provide some commentary as to the market implications of Italian politics (page 2) and the relationships between the US dollar, commodities, and Fed policy (page 3). We then dive into today’s release of PPI including a look at what these figures imply for core PCE (page 4). We finish with a look at which stocks have driven the past week’s declines (page 5).
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