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Looking for deeper insight into markets?  In tonight’s Closer sent to Bespoke Institutional clients, we begin tonight with a look at the Russell 3,000 test of its 50-DMA and a decile analysis of what has driven performance during this week’s minor sell-off.  We then provide an update of our Five Fed Composite and MBA delinquency data. Next, we recap this week’s Langer Consumer Comfort data followed by a comparison with other sentiment indicators.  We then review leading and coincident indicators before closing out with a review of today’s 30 year TIPS auction.

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