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Looking for deeper insight into markets?  In tonight’s Closer sent to Bespoke Institutional clients, after a recap of tonight’s major earnings reports including that of Microsoft (MSFT), we take a look at the massive outperformance of the Energy sector.  Running through today’s economic data, next we show home price appreciation, consumer confidence, and an update of our Five Fed manufacturing composite.  We also take a look into state and local government receipts and expenditures and close out with a recap of today’s 5 year note auction.

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