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• Morgan Stanley (MS) indices tracking political themes in the stock market have seen Democratic outperformance since Inauguration Day.
• Renewable energy stocks are trading at three-year highs after putting in a long term bottom last spring.
• 5-year Treasury auctions have tailed or priced at the screws at every auction over the past eleven months, tying all other coupons for the record streak of auctions without a stop through.

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