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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin tonight with a summary of today’s Brexit developments and the subsequent market reaction. We then show how multiple markets including metals and small caps have been moving in lockstep with rates. Next, we review several of tonight’s earnings reports including Chipotle (CMG), Snap (SNAP), and Texas Instruments (TXN). Turning to macro data, we finish with an updated look at our Five Fed Manufacturing Composite, existing home sales, and the Bank of Canada’s Q3 business outlook surveys.
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