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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we show equity market returns broken up by the states that companies are headquartered in. With a busy day in macroeconomic data, we then look at today’s release of CPI data in addition to what the New York Fed’s Underlying Inflation Guage is showing. We also use monthly budget statement data released today to get a read on the impact of tariffs and government deficits. We finish with EIA Petroleum data which showed a build in inventories which sent oil prices lower today.
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