CPI Bounce Feels Vulnerable

There is a disconnect between what the market is pricing in and what central banks are saying.

PRE-OPEN MARKET COMMENTS WEDNESDAY – The volume the last two days has been incredibly low and the intraday range has been a third of the 20-day average. The CPI came in at 4.9% and 5% was expected. The S&P 500 rallied 25 points on the release.

Daily Bulletin Continues...