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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we show equities ripping out of their short term downtrend as the S&P 500 also took out its 50-DMA. We also provide the performance of similar times this has happened. We also highlight concerns around commodities before turning to economic data, taking a look under the hood at housing starts and permits in addition to Cass Freight volumes. We finish tonight with an update of our Five Fed Manufacturing Composite.
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