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Looking for deeper insight into markets?  In tonight’s Closer sent to Bespoke Institutional clients, after a recap of the poorly received earnings from Netflix (NFLX) we comment on rail stock earnings. We follow up with a look forward performance when small caps are at 52-week lows and when sentiment is as bearish as it currently is.  We then delve into the record lows for housing inventories, update our Five Fed Manufacturing Composite, weekly EIA data, and 10 year TIPS auction.

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