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Looking for deeper insight on markets?  In tonight’s Closer sent to Bespoke Institutional clients, we begin with a look at the S&P 500’s third rejection of its 50-DMA while small-caps drift sideways.  We then show some estimates of the COVID-19 death rate using today’s 21.2% infection number in NYC.  Turning to macroeconomic data, we show the total collapse in Markit PMIs, new home sales, and Kansas City Fed data. We close out tonight with a look at the record surge in the US money supply.

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