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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we show the decline in options activity and what it could mean for the VIX. Pivoting to macro data, we provide a final look at our Five Fed Manufacturing Composite for the month of March. We also show the results of supplemental questions included in the Dallas Fed’s manufacturing survey. We close out with some historical context as to the size of the proposed infrastructure spending bill and what it could mean for inflation.
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