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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a look at the breakout of two year yields as the copper to gold ratio and Russell to S&P 500 ratio confirm the move. Next, we delve into some of the details of today’s nonfarm productivity and costs report including manufacturing productivity and the steady rise in labor costs. We finish on a note about recent crude inventories and what API data is forecasting for tomorrow’s EIA release.
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