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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a look at the rip higher in real yields and the Russell 2000. Turning to macroeconomic data, we review today’s PPI data which showed disinflation in Health Care. Next, we get a read on industrial production through Fastenal’s (FAST) monthly sales data. We also show the slowing capex of FAANG stocks before reviewing this week’s EIA data. We finish with what betting sites are showing for the presidential election.
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