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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we discuss the drivers of the rally today across US equity markets. We also take a look at the ongoing squeeze at the front of the lumber futures curve as the September contract approaches expiry tomorrow. After that, we review seasonality in earnings reactions from stocks, before a discussion of the types of energy the US uses. We also take a look at the collapse in reliance on the rest of the world for energy supply seen in the US over the last few years. To close out we review the Treasury auction schedule this week.
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