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Looking for deeper insight on markets?  In tonight’s Closer sent to Bespoke Institutional clients, we take a look at the S&P 500’s price action compared to last year and relative to other years after Thanksgiving.  We also show one downside of optimistic sentiment levels. Turning to macroeconomic data, we show why claims data is not surging as the numbers may appear at first glance. We finish with a look at our Five Fed Manufacturing Composite before reviewing the current account composition.

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