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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin by showing the mean reversion that equities have been experiencing as well as the dynamic between growth and value (page 1). Next, we preview some of our Consumer Pulse data showing the dire outlook consumers have for the economy (page 2). We then update our Five Fed Manufacturing Composite (page 3) and we contrast that with hard manufacturing data (page 4). We close out with a look at this week’s Treasury issuance (page 5) and an update on some of the big shifts in speculator positioning (pages 6-8).
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