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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a look the underperformance of small caps as the relative performance of the Russell 2000 versus the S&P 500 has hit a 52-week low. We also look into the decline in real yields and how this can impact markets and industrial production in the future. Next, we dig into today’s Federal Reserve’s Z.1 report to get a read on debt levels in the US economy.
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