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Looking for deeper insight on markets?  In tonight’s Closer sent to Bespoke Institutional clients, with this week marking the start of earnings season, we show S&P 500 performance given the levels on the VIX. We also take a look at the rally in EM credit and OEM auto stocks. We then go over some of the details in today’s Empire Manufacturing report that were weaker than the headline number would lead on. After reviewing Cass Transportation Indices, which showed some alleviation to their weakening trend, we finish with a rundown on the economic conditions in Brazil.

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