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Looking for deeper insight on markets?  In tonight’s Closer sent to Bespoke Institutional clients, we take a look at market trends including the fact that all S&P 500 sectors are in drawdowns over 3%, the yield curve is still steepening despite equity market declines, and the relative performance of stocks and commodities. We also take a close look at the volatility market and correlations across stocks before moving on to economic data. While the economic signal from Conference Board leading indicator data was positive today, manufacturing activity indices look toppy and high transportation costs are starting to tamp down freight volumes.

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