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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out by quantifying just how narrow of a range the S&P 500 has traded in so far this year (page 1). The we review the VIX (page 2) followed by a dive into today’s FOMC minutes and earnings (page 3). After a recap of today’s seasonally weak 20-year bond auction (page 4), we dive into today’s economic data like the NY Fed Business Leaders, industrial production, and residential construction releases (pages 5-7).
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