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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start note with a discussion on a slug of new credit market issuance and administration interventions on defense and homebuilding stocks (page 1). Next up, we check in on a variety of stock baskets including those based on the themes of: consumer lenders, AI picks and shovels, managed care, trucking, durable goods, and consumer goods (pages 2 and 3).  We then turn over to the latest macro data including the ISM Services release (page 4), JOLTS report (page 5), and petroleum stockpiles (page 6).

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