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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we lead off with further commentary regarding the increasingly contentious relationship between President Trump and Fed Chair Powell (page 1).  We then provide an update of our Five Fed Manufacturing Composite (pages 2 and 3). After a recap of the latest earnings reports (page 4), we close with a look into how the latest sell off has impacted the United States’ share of global market cap (page 5).

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